4 Stocks Improving Performance Of 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 44 points (-0.3%) at 15,836 as of Monday, Jan. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 751 issues advancing vs. 2,176 declining with 155 unchanged.

The Energy industry currently sits down 1.4% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Range Resources Corporation ( RRC), down 3.4%, Chesapeake Energy ( CHK), down 2.9%, Crescent Point Energy ( CPG), down 2.8%, Southwestern Energy Company ( SWN), down 2.7% and Plains All American Pipeline ( PAA), down 2.4%.

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

4. China Petroleum & Chemical Corporation ( SNP) is one of the companies pushing the Energy industry higher today. As of noon trading, China Petroleum & Chemical Corporation is up $0.74 (0.9%) to $80.21 on heavy volume. Thus far, 109,687 shares of China Petroleum & Chemical Corporation exchanged hands as compared to its average daily volume of 125,900 shares. The stock has ranged in price between $79.82-$80.78 after having opened the day at $79.92 as compared to the previous trading day's close of $79.47.

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, engages in the oil and gas, and chemical operations in the People's Republic of China. China Petroleum & Chemical Corporation has a market cap of $93.6 billion and is part of the basic materials sector. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate China Petroleum & Chemical Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates China Petroleum & Chemical Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full China Petroleum & Chemical Corporation Ratings Report now.

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3. As of noon trading, Ecopetrol S.A ( EC) is up $0.38 (1.1%) to $34.42 on light volume. Thus far, 201,650 shares of Ecopetrol S.A exchanged hands as compared to its average daily volume of 548,600 shares. The stock has ranged in price between $33.90-$34.74 after having opened the day at $34.03 as compared to the previous trading day's close of $34.04.

Ecopetrol S.A., an integrated oil company, engages in the exploration, development, and production of crude oil and natural gas Colombia. The company operates in four segments: Exploration and Production, Refining and Petrochemicals, Transportation, and Market and Supply. Ecopetrol S.A has a market cap of $71.3 billion and is part of the basic materials sector. The company has a P/E ratio of 5.4, below the S&P 500 P/E ratio of 17.7. Shares are down 11.5% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Ecopetrol S.A a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Ecopetrol S.A as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Ecopetrol S.A 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, Enbridge ( ENB) is up $0.31 (0.7%) to $42.39 on average volume. Thus far, 435,447 shares of Enbridge exchanged hands as compared to its average daily volume of 893,300 shares. The stock has ranged in price between $41.95-$42.45 after having opened the day at $42.09 as compared to the previous trading day's close of $42.08.

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. Enbridge has a market cap of $35.3 billion and is part of the basic materials sector. The company has a P/E ratio of 40.9, above the S&P 500 P/E ratio of 17.7. Shares are down 3.7% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Enbridge a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enbridge as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity. Get the full Enbridge 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, Transocean ( RIG) is up $0.49 (1.1%) to $44.74 on light volume. Thus far, 1.8 million shares of Transocean exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $44.43-$44.78 after having opened the day at $44.58 as compared to the previous trading day's close of $44.25.

Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services, as well as logistics services. Transocean has a market cap of $16.4 billion and is part of the basic materials sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Transocean a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Transocean as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures 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 Transocean 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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