ConocoPhillips (COP): Today's Featured Energy Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

ConocoPhillips ( COP) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 1.3%. By the end of trading, ConocoPhillips rose $1.09 (1.5%) to $73.34 on average volume. Throughout the day, 3,932,862 shares of ConocoPhillips exchanged hands as compared to its average daily volume of 4,770,600 shares. The stock ranged in a price between $72.40-$73.60 after having opened the day at $72.47 as compared to the previous trading day's close of $72.25. Other companies within the Energy industry that increased today were: Global Eagle Entertainment ( ENT), up 15.0%, Comstock Resources ( CRK), up 8.5%, Synergy Resources Corporation ( SYRG), up 7.9% and Delek US Holdings ( DK), up 7.8%.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids on a worldwide basis. ConocoPhillips has a market cap of $88.5 billion and is part of the basic materials sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 24.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Rocket Fuel ( FUEL), down 7.8%, Andatee China Marine Fuel Services Corporat ( AMCF), down 5.8%, Ivanhoe Energy ( IVAN), down 5.7% and Sonde Resources ( SOQ), down 5.3% , were all laggards within the energy industry with Transocean ( RIG) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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