4 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 71 points (-0.4%) at 16,411 as of Thursday, Jan. 16, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,418 issues advancing vs. 1,488 declining with 174 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Valero Energy Corporation ( VLO), down 2.3%, Marathon Petroleum ( MPC), down 1.2%, Anadarko Petroleum ( APC), down 1.1%, Pioneer Natural Resources Company ( PXD), down 1.0% and EOG Resources ( EOG), down 0.8%.

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

4. Kinder Morgan Energy Partners ( KMP) is one of the companies pushing the Energy industry higher today. As of noon trading, Kinder Morgan Energy Partners is up $0.76 (0.9%) to $81.29 on average volume. Thus far, 691,189 shares of Kinder Morgan Energy Partners exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $81.05-$81.90 after having opened the day at $81.44 as compared to the previous trading day's close of $80.53.

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. Kinder Morgan Energy Partners has a market cap of $24.9 billion and is part of the basic materials sector. The company has a P/E ratio of 22.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Kinder Morgan Energy Partners a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Kinder Morgan Energy Partners 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Kinder Morgan Energy Partners Ratings Report now.

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3. As of noon trading, Spectra Energy ( SE) is up $0.34 (1.0%) to $34.86 on light volume. Thus far, 815,832 shares of Spectra Energy exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $34.56-$34.94 after having opened the day at $34.66 as compared to the previous trading day's close of $34.52.

Spectra Energy Corp, through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company's U.S. Spectra Energy has a market cap of $23.2 billion and is part of the basic materials sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Spectra Energy a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Spectra Energy 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, increase in stock price during the past year and growth in earnings per share. 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 Spectra 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, Apache Corporation ( APA) is up $0.93 (1.1%) to $85.37 on average volume. Thus far, 1.5 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $83.75-$85.48 after having opened the day at $84.24 as compared to the previous trading day's close of $84.44.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $34.2 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 down 1.8% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Apache Corporation a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Apache Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, expanding profit margins, good cash flow from operations and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Apache 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.

1. As of noon trading, Chesapeake Energy ( CHK) is up $0.27 (1.1%) to $25.73 on light volume. Thus far, 2.7 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 8.8 million shares. The stock has ranged in price between $25.54-$25.90 after having opened the day at $25.57 as compared to the previous trading day's close of $25.46.

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 $17.0 billion and is part of the basic materials sector. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are down 6.2% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Chesapeake Energy a buy, 1 analyst rates 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, compelling growth in net income, good cash flow from operations, solid stock price performance 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.

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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