3 Stocks Advancing The Energy Industry

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 117 points (-0.7%) at 16,295 as of Monday, April 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 843 issues advancing vs. 2,136 declining with 146 unchanged.

The Energy industry currently sits down 1.1% versus the S&P 500, which is down 0.8%. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras ( PBR), up 4.7%. On the negative front, top decliners within the industry include Cheniere Energy ( LNG), down 4.4%, Baker Hughes ( BHI), down 2.1%, Williams Companies ( WMB), down 2.0%, Kinder Morgan ( KMI), down 2.0% and Marathon Petroleum ( MPC), down 1.9%.

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

3. Ultrapar Participacoes ( UGP) is one of the companies pushing the Energy industry higher today. As of noon trading, Ultrapar Participacoes is up $0.75 (3.0%) to $25.40 on light volume. Thus far, 128,060 shares of Ultrapar Participacoes exchanged hands as compared to its average daily volume of 352,800 shares. The stock has ranged in price between $24.91-$25.43 after having opened the day at $25.03 as compared to the previous trading day's close of $24.65.

Ultrapar Holdings Inc. is engaged in the fuel distribution and chemical businesses in Brazil. It operates in four segments: Gas Distribution, Fuel Distribution, Chemicals, and Storage. Ultrapar Participacoes has a market cap of $13.0 billion and is part of the basic materials sector. Shares are up 4.2% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Ultrapar Participacoes a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ultrapar Participacoes as a buy. Get the full Ultrapar Participacoes Ratings Report now.

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