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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 15,449 as of Wednesday, Feb. 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 771 issues advancing vs. 2,156 declining with 142 unchanged.

The Energy industry currently sits down 1.0% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include YPF Sociedad Anonima ( YPF), down 4.2%, China Petroleum & Chemical Corporation ( SNP), down 3.0%, Continental Resources ( CLR), down 3.0%, Valero Energy Corporation ( VLO), down 2.6% and Seadrill ( SDRL), down 2.1%.

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

3. Ecopetrol S.A ( EC) is one of the companies pushing the Energy industry higher today. As of noon trading, Ecopetrol S.A is up $0.19 (0.6%) to $34.53 on light volume. Thus far, 185,192 shares of Ecopetrol S.A exchanged hands as compared to its average daily volume of 619,200 shares. The stock has ranged in price between $34.15-$34.56 after having opened the day at $34.21 as compared to the previous trading day's close of $34.34.

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 $70.0 billion and is part of the basic materials sector. Shares are down 10.7% year-to-date as of the close of trading on Tuesday. 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, Plains All American Pipeline ( PAA) is up $0.60 (1.2%) to $51.30 on average volume. Thus far, 598,344 shares of Plains All American Pipeline exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $50.50-$51.57 after having opened the day at $50.77 as compared to the previous trading day's close of $50.70.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. Plains All American Pipeline has a market cap of $18.2 billion and is part of the basic materials sector. Shares are down 2.1% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Plains All American Pipeline a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Plains All American Pipeline as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, reasonable valuation levels, impressive record of earnings per share growth and notable return on equity. 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 Plains All American Pipeline 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, Encana ( ECA) is up $0.46 (2.5%) to $18.90 on heavy volume. Thus far, 7.6 million shares of Encana exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $18.46-$19.00 after having opened the day at $18.46 as compared to the previous trading day's close of $18.44.

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 $13.1 billion and is part of the basic materials sector. Shares are up 2.2% 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, generally higher debt management risk and weak operating cash flow. 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.

If you are interested in one of these 3 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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