Halliburton Company (HAL): Today's Featured Energy Winner

Jan 30, 2014 5:00 PM EST

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.

Halliburton Company ( HAL) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.5%. By the end of trading, Halliburton Company rose $1.24 (2.6%) to $49.44 on average volume. Throughout the day, 9,376,263 shares of Halliburton Company exchanged hands as compared to its average daily volume of 9,080,200 shares. The stock ranged in a price between $48.46-$49.69 after having opened the day at $48.70 as compared to the previous trading day's close of $48.20. Other companies within the Energy industry that increased today were: Carbo Ceramics ( CRR), up 10.9%, Athlon Energy ( ATHL), up 6.8%, Cameron International Corporation ( CAM), up 6.3% and Bolt Technology Corporation ( BOLT), up 6.1%.

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Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $41.0 billion and is part of the basic materials sector. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are down 5.0% year to date as of the close of trading on Wednesday. Currently there are 19 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

You can view the full Halliburton Company Ratings Report.

On the negative front, Midstates Petroleum ( MPO), down 10.6%, Dejour Energy ( DEJ), down 9.4%, Double Eagle Petroleum Company ( DBLE), down 6.8% and Tengasco ( TGC), down 5.4% , were all laggards within the energy industry with Tesoro Corporation ( TSO) being today's energy industry laggard.

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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).