3 Stocks Pushing The Energy 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 15,858 as of Tuesday, Dec. 17, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,953 declining with 153 unchanged.

The Energy industry currently sits down 0.7% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include CGG ( CGG), down 16.9%, Tenaris ( TS), down 3.1%, PetroChina ( PTR), down 2.0%, Suncor Energy ( SU), down 1.1% and China Petroleum & Chemical Corporation ( SNP), down 1.1%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Pembina Pipeline ( PBA) is one of the companies pushing the Energy industry higher today. As of noon trading, Pembina Pipeline is up $1.32 (4.0%) to $33.90 on heavy volume. Thus far, 173,692 shares of Pembina Pipeline exchanged hands as compared to its average daily volume of 127,300 shares. The stock has ranged in price between $32.86-$33.90 after having opened the day at $32.86 as compared to the previous trading day's close of $32.58.

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. The company operates in four segments: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services, and Midstream. Pembina Pipeline has a market cap of $10.0 billion and is part of the basic materials sector. The company has a P/E ratio of 29.5, above the S&P 500 P/E ratio of 17.7. Shares are up 13.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Pembina Pipeline a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Pembina Pipeline 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 impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and generally higher debt management risk. Get the full Pembina Pipeline Ratings Report now.

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2. As of noon trading, Ultrapar Holdings ( UGP) is up $0.66 (2.8%) to $24.50 on average volume. Thus far, 153,524 shares of Ultrapar Holdings exchanged hands as compared to its average daily volume of 272,200 shares. The stock has ranged in price between $24.29-$24.54 after having opened the day at $24.34 as compared to the previous trading day's close of $23.84.

Ultrapar Holdings Inc. operates in the petrochemical and chemical sectors. The company operates in four segments: Gas Distribution, Fuel Distribution, Chemicals, and Storage. Ultrapar Holdings has a market cap of $12.7 billion and is part of the basic materials sector. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 5.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Ultrapar Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ultrapar Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, 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 generally high debt management risk by most measures that we evaluated. Get the full Ultrapar Holdings 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, Williams Companies ( WMB) is up $1.16 (3.3%) to $36.49 on heavy volume. Thus far, 10.6 million shares of Williams Companies exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $35.67-$37.32 after having opened the day at $36.21 as compared to the previous trading day's close of $35.33.

The Williams Companies, Inc. operates as an energy infrastructure company. Williams Companies has a market cap of $23.4 billion and is part of the basic materials sector. The company has a P/E ratio of 38.9, above the S&P 500 P/E ratio of 17.7. Shares are up 7.9% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Williams Companies 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 3 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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