3 Stocks Advancing 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 153 points (1.0%) at 15,892 as of Thursday, Jan. 30, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,359 issues advancing vs. 580 declining with 163 unchanged.

The Energy industry currently sits up 0.5% versus the S&P 500, which is up 1.0%. Top gainers within the industry include Pioneer Natural Resources Company ( PXD), up 2.4%, Spectra Energy ( SE), up 2.2%, Tenaris ( TS), up 1.9%, Enterprise Products Partners ( EPD), up 1.6% and Ecopetrol S.A ( EC), up 1.6%.

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

3. Royal Dutch Shell ( RDS.B) is one of the companies pushing the Energy industry higher today. As of noon trading, Royal Dutch Shell is up $0.46 (0.6%) to $74.80 on average volume. Thus far, 520,493 shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $74.72-$75.63 after having opened the day at $75.61 as compared to the previous trading day's close of $74.34.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $235.0 billion and is part of the basic materials sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are down 1.0% year-to-date as of the close of trading on Wednesday.

TheStreet Ratings rates Royal Dutch Shell as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Royal Dutch Shell Ratings Report now.

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