5 Stocks Boosting 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 119 points (0.7%) at 16,493 as of Wednesday, Jan. 15, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,941 issues advancing vs. 990 declining with 158 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is up 0.5%. Top gainers within the industry include SM Energy ( SM), up 3.6%, Anadarko Petroleum ( APC), up 0.9% and Ecopetrol S.A ( EC), up 0.8%. On the negative front, top decliners within the industry include Marathon Petroleum ( MPC), down 3.8%, Valero Energy Corporation ( VLO), down 2.8% and Schlumberger ( SLB), down 0.6%.

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

5. Petroleo Brasileiro SA Petrobras ( PBR.A) is one of the companies pushing the Energy industry higher today. As of noon trading, Petroleo Brasileiro SA Petrobras is up $0.12 (0.9%) to $13.48 on average volume. Thus far, 3.4 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $13.42-$13.53 after having opened the day at $13.45 as compared to the previous trading day's close of $13.35.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $87.1 billion and is part of the basic materials sector. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year-to-date as of the close of trading on Tuesday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras 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, Encana ( ECA) is up $0.26 (1.5%) to $17.58 on light volume. Thus far, 1.1 million shares of Encana exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $17.33-$17.58 after having opened the day at $17.34 as compared to the previous trading day's close of $17.32.

Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. Encana has a market cap of $12.8 billion and is part of the basic materials sector. The company has a P/E ratio of 30.9, above the S&P 500 P/E ratio of 17.7. Shares are down 4.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Encana a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Encana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and generally higher debt management risk. Get the full Encana 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, Suncor Energy ( SU) is up $0.17 (0.5%) to $34.23 on light volume. Thus far, 1.3 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 $33.97-$34.26 after having opened the day at $34.16 as compared to the previous trading day's close of $34.06.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $50.9 billion and is part of the basic materials sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are down 2.8% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who 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, good cash flow from operations, increase in net income 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 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.

2. As of noon trading, EOG Resources ( EOG) is up $2.94 (1.7%) to $171.35 on average volume. Thus far, 910,141 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $169.40-$173.28 after having opened the day at $169.46 as compared to the previous trading day's close of $168.41.

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 $44.6 billion and is part of the basic materials sector. The company has a P/E ratio of 40.3, above the S&P 500 P/E ratio of 17.7. Shares are up 0.5% year-to-date as of the close of trading on Tuesday. Currently there are 18 analysts who rate EOG Resources a buy, 1 analyst rates it a sell, and 5 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.

1. As of noon trading, Pioneer Natural Resources Company ( PXD) is up $2.31 (1.3%) to $174.48 on light volume. Thus far, 572,454 shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $171.26-$174.97 after having opened the day at $172.26 as compared to the previous trading day's close of $172.17.

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 $22.8 billion and is part of the basic materials sector. The company has a P/E ratio of 40.8, above the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Pioneer Natural Resources Company a buy, 1 analyst rates it a sell, and 7 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.

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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