Hess Corp (HES): Today's Featured Energy Winner

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.

Hess ( HES) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.3%. By the end of trading, Hess rose $0.83 (1.0%) to $81.69 on average volume. Throughout the day, 3,062,652 shares of Hess exchanged hands as compared to its average daily volume of 2,546,200 shares. The stock ranged in a price between $80.58-$81.79 after having opened the day at $81.61 as compared to the previous trading day's close of $80.86. Other companies within the Energy industry that increased today were: MagneGas Corporation ( MNGA), up 50.8%, HyperDynamics Corporation ( HDY), up 11.6%, BPZ Resources ( BPZ), up 10.4% and Andatee China Marine Fuel Services Corporat ( AMCF), up 7.4%.

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 $27.0 billion and is part of the basic materials sector. The company has a P/E ratio of 8.0, below the S&P 500 P/E ratio of 17.7. Shares are down 2.6% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Hess a buy, no analysts rate it a sell, and 8 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.

On the negative front, Genie Energy Ltd Class B ( GNE), down 8.9%, VAALCO Energy ( EGY), down 7.7%, YPF Sociedad Anonima ( YPF), down 6.8% and Forbes Energy Services ( FES), down 5.8% , were all laggards within the energy industry with Chevron ( CVX) being today's energy industry laggard.

For investors not wanting singular stock exposure, 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).

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

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