Today's Stocks Driving Success For 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 81 points (-0.5%) at 15,762 as of Thursday, Dec. 12, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,157 issues advancing vs. 1,771 declining with 147 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 Continental Resources ( CLR), up 2.6%, Pioneer Natural Resources Company ( PXD), up 1.5%, EOG Resources ( EOG), up 1.2%, Marathon Oil ( MRO), up 0.8% and ConocoPhillips ( COP), up 0.5%. A company within the industry that fell today was BP ( BP), up 1.3%.

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

4. Suncor Energy ( SU) is one of the companies pushing the Energy industry higher today. As of noon trading, Suncor Energy is up $0.17 (0.5%) to $33.72 on average volume. Thus far, 1.4 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $33.13-$33.76 after having opened the day at $33.39 as compared to the previous trading day's close of $33.55.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $50.7 billion and is part of the basic materials sector. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 1.7% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Suncor Energy 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, reasonable valuation levels, increase in net income 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 Suncor 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, Cabot Oil & Gas Corporation ( COG) is up $0.65 (1.8%) to $36.38 on light volume. Thus far, 2.0 million shares of Cabot Oil & Gas Corporation exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $35.79-$36.72 after having opened the day at $35.82 as compared to the previous trading day's close of $35.73.

Cabot Oil & Gas Corporation, an independent oil and gas company, engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids in the United States. Cabot Oil & Gas Corporation has a market cap of $15.3 billion and is part of the basic materials sector. The company has a P/E ratio of 63.8, above the S&P 500 P/E ratio of 17.7. Shares are up 43.7% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Cabot Oil & Gas Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cabot Oil & Gas Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Cabot Oil & Gas 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, Baker Hughes ( BHI) is up $0.60 (1.1%) to $53.04 on average volume. Thus far, 1.6 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $52.25-$53.27 after having opened the day at $52.39 as compared to the previous trading day's close of $52.44.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $23.6 billion and is part of the basic materials sector. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7. Shares are up 30.5% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Baker Hughes as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels 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 Baker Hughes 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, Anadarko Petroleum ( APC) is up $0.79 (0.9%) to $84.38 on average volume. Thus far, 1.2 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $83.50-$84.86 after having opened the day at $83.71 as compared to the previous trading day's close of $83.59.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $42.9 billion and is part of the basic materials sector. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Anadarko 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.

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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