5 Stocks Moving The Energy Industry Upward

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,147 as of Friday, Nov. 29, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,869 issues advancing vs. 987 declining with 109 unchanged.

The Energy industry currently sits up 0.5% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Imperial Oil ( IMO), up 2.6%, Canadian Natural Resources ( CNQ), up 2.4%, Tenaris ( TS), up 1.6%, Schlumberger ( SLB), up 1.5% and Suncor Energy ( SU), up 1.2%. A company within the industry that fell today was HollyFrontier ( HFC), up 1.8%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Petroleo Brasileiro SA Petrobras ( PBR.A) is one of the companies pushing the Energy industry higher today. As of noon trading, Petroleo Brasileiro SA Petrobras is up $0.13 (0.8%) to $16.54 on average volume. Thus far, 4.0 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.7 million shares. The stock has ranged in price between $16.41-$16.71 after having opened the day at $16.41 as compared to the previous trading day's close of $16.41.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $107.0 billion and is part of the basic materials sector. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 15.0% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

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

4. As of noon trading, BP ( BP) is up $0.40 (0.8%) to $47.30 on light volume. Thus far, 1.2 million shares of BP exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $47.15-$47.43 after having opened the day at $47.28 as compared to the previous trading day's close of $46.90.

BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. BP has a market cap of $147.3 billion and is part of the basic materials sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate BP a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates BP as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full BP Ratings Report now.

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

3. As of noon trading, Occidental Petroleum Corporation ( OXY) is up $0.53 (0.6%) to $95.73 on light volume. Thus far, 1.1 million shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $94.52-$95.95 after having opened the day at $95.21 as compared to the previous trading day's close of $95.20.

Occidental Petroleum Corporation engages in the exploration and production of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. Occidental Petroleum Corporation has a market cap of $76.7 billion and is part of the basic materials sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 24.3% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Occidental Petroleum Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Occidental Petroleum Corporation Ratings Report now.

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

2. As of noon trading, ConocoPhillips ( COP) is up $0.61 (0.8%) to $73.23 on light volume. Thus far, 1.0 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $72.50-$73.54 after having opened the day at $72.64 as compared to the previous trading day's close of $72.62.

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 $89.0 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 25.2% 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. Get the full ConocoPhillips Ratings Report now.

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

1. As of noon trading, Halliburton Company ( HAL) is up $0.59 (1.1%) to $53.01 on light volume. Thus far, 2.5 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $52.04-$53.34 after having opened the day at $52.64 as compared to the previous trading day's close of $52.42.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $44.5 billion and is part of the basic materials sector. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 51.1% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Halliburton Company Ratings Report now.

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

If you are interested in one of these 5 stocks, 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).

null

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers