4 Energy Stocks Pushing The Industry Higher

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 0 points (0.0%) at 15,915 as of Wednesday, Dec. 4, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,252 issues advancing vs. 1,627 declining with 137 unchanged.

The Energy industry currently sits down 0.3% versus the S&P 500, which is unchanged. Top gainers within the industry include Continental Resources ( CLR), up 2.0%, and Pioneer Natural Resources Company ( PXD), up 1.5%. On the negative front, top decliners within the industry include El Paso Pipeline Partners ( EPB), down 8.9%, Suncor Energy ( SU), down 2.1%, Valero Energy Corporation ( VLO), down 1.4%, Statoil ASA ( STO), down 1.5% and Enterprise Products Partners ( EPD), down 1.1%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Linn Energy ( LINE) is one of the companies pushing the Energy industry higher today. As of noon trading, Linn Energy is up $1.31 (4.4%) to $31.37 on average volume. Thus far, 1.4 million shares of Linn Energy exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $30.50-$31.45 after having opened the day at $30.85 as compared to the previous trading day's close of $30.06.

Linn Energy, LLC, an independent oil and natural gas company, engages in the acquisition and development of oil and natural gas properties. Linn Energy has a market cap of $7.1 billion and is part of the basic materials sector. Shares are down 14.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Linn Energy a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Linn Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full Linn Energy 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, Marathon Oil ( MRO) is up $0.50 (1.4%) to $36.72 on average volume. Thus far, 2.4 million shares of Marathon Oil exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $36.08-$36.95 after having opened the day at $36.24 as compared to the previous trading day's close of $36.22.

Marathon Oil Corporation operates as an energy company worldwide. Marathon Oil has a market cap of $25.4 billion and is part of the basic materials sector. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are up 18.1% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Marathon Oil a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Marathon Oil as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Marathon Oil 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, Hess ( HES) is up $1.12 (1.4%) to $82.26 on light volume. Thus far, 631,601 shares of Hess exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $80.98-$82.65 after having opened the day at $80.98 as compared to the previous trading day's close of $81.15.

Hess Corporation, together with its subsidiaries, operates as an independent energy company worldwide. It operates in two segments, Exploration and Production (E&P), and Marketing and Refining (M&R). Hess has a market cap of $27.3 billion and is part of the basic materials sector. The company has a P/E ratio of 8.1, below the S&P 500 P/E ratio of 17.7. Shares are up 53.2% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Hess a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Hess as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hess 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, EOG Resources ( EOG) is up $1.85 (1.1%) to $167.33 on average volume. Thus far, 943,254 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $165.60-$169.11 after having opened the day at $165.69 as compared to the previous trading day's close of $165.48.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources has a market cap of $45.0 billion and is part of the basic materials sector. The company has a P/E ratio of 40.6, above the S&P 500 P/E ratio of 17.7. Shares are up 37.0% year to date as of the close of trading on Tuesday. Currently there are 20 analysts that rate EOG Resources a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, 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 EOG Resources 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 4 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).

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