5 Stocks Advancing The Energy Industry

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Cimarex Energy Company ( XEC), up 3.8%, Continental Resources ( CLR), up 1.6%, Petroleo Brasileiro SA Petrobras ( PBR), up 1.5%, Suncor Energy ( SU), up 1.2% and Canadian Natural Resources ( CNQ), up 1.1%. On the negative front, top decliners within the industry include Tenaris ( TS), down 1.4%, and PetroChina ( PTR), down 0.9%.

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

5. Chesapeake Energy ( CHK) is one of the companies pushing the Energy industry higher today. As of noon trading, Chesapeake Energy is up $0.51 (1.9%) to $26.89 on light volume. Thus far, 3.4 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $26.41-$27.10 after having opened the day at $26.41 as compared to the previous trading day's close of $26.38.

Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services. Chesapeake Energy has a market cap of $17.6 billion and is part of the basic materials sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are up 58.7% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Chesapeake Energy a buy, no analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Chesapeake 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.

4. As of noon trading, EOG Resources ( EOG) is up $1.96 (1.2%) to $160.10 on average volume. Thus far, 1.0 million shares of EOG Resources exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $158.14-$161.94 after having opened the day at $158.17 as compared to the previous trading day's close of $158.14.

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 $43.7 billion and is part of the basic materials sector. The company has a P/E ratio of 39.4, above the S&P 500 P/E ratio of 17.7. Shares are up 30.9% year to date as of the close of trading on Monday. Currently there are 19 analysts that rate EOG Resources a buy, 1 analyst rates it a sell, and 4 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.

3. As of noon trading, Pioneer Natural Resources Company ( PXD) is up $3.99 (2.2%) to $181.43 on average volume. Thus far, 901,919 shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $176.90-$183.75 after having opened the day at $177.51 as compared to the previous trading day's close of $177.44.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGL), and gas. Pioneer Natural Resources Company has a market cap of $24.6 billion and is part of the basic materials sector. The company has a P/E ratio of 43.9, above the S&P 500 P/E ratio of 17.7. Shares are up 66.2% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Pioneer Natural Resources Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Pioneer Natural Resources 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.

2. As of noon trading, Marathon Petroleum ( MPC) is up $2.38 (2.8%) to $87.93 on average volume. Thus far, 2.3 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $83.24-$87.96 after having opened the day at $85.33 as compared to the previous trading day's close of $85.55.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. Marathon Petroleum has a market cap of $26.2 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 35.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Marathon Petroleum a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Marathon Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Marathon Petroleum 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, Valero Energy Corporation ( VLO) is up $0.54 (1.2%) to $46.68 on average volume. Thus far, 5.9 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $45.09-$46.72 after having opened the day at $45.76 as compared to the previous trading day's close of $46.14.

Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. Valero Energy Corporation has a market cap of $25.1 billion and is part of the basic materials sector. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are up 35.2% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Valero Energy Corporation a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Valero Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, 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 Valero Energy 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.

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).

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