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

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 1.4%. By the end of trading, Halliburton Company rose $1.49 (3.0%) to $50.76 on average volume. Throughout the day, 12,959,799 shares of Halliburton Company exchanged hands as compared to its average daily volume of 8,995,200 shares. The stock ranged in a price between $49.45-$50.90 after having opened the day at $49.50 as compared to the previous trading day's close of $49.27. Other companies within the Energy industry that increased today were: Patterson-UTI Energy ( PTEN), up 13.4%, U.S. Energy ( USEG), up 7.0%, Whiting USA Trust I ( WHX), up 6.8% and Ultrapar Holdings ( UGP), up 6.6%.

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 $41.9 billion and is part of the basic materials sector. Shares are down 2.9% 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Dejour Energy ( DEJ), down 4.9%, Tesoro Corporation ( TSO), down 4.7%, Compressco Partners ( GSJK), down 3.7% and Miller Energy Resources ( MILL), down 3.6% , were all laggards within the energy industry with Chesapeake Energy ( CHK) being today's energy industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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