Energy Stocks On The Rise With Help From 3 Stocks

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 86 points (-0.5%) at 16,084 as of Friday, April 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,941 declining with 158 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Energy Transfer Partners L.P ( ETP), up 1.8%, Energy Transfer Equity ( ETE), up 1.7%, Williams Partners ( WPZ), up 1.5%, Phillips 66 ( PSX), up 0.9% and Enterprise Products Partners ( EPD), up 0.8%. On the negative front, top decliners within the industry include Seadrill ( SDRL), down 2.2%, BP ( BP), down 1.4%, Marathon Petroleum ( MPC), down 1.1%, Canadian Natural Resources ( CNQ), down 1.0% and Ecopetrol S.A ( EC), down 0.9%.

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

3. ConocoPhillips ( COP) is one of the companies pushing the Energy industry higher today. As of noon trading, ConocoPhillips is up $1.26 (1.8%) to $70.97 on heavy volume. Thus far, 4.3 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $69.98-$71.36 after having opened the day at $70.28 as compared to the previous trading day's close of $69.71.

ConocoPhillips explores for, develops, and produces crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. ConocoPhillips has a market cap of $87.8 billion and is part of the basic materials sector. Shares are down 1.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate ConocoPhillips a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full ConocoPhillips 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, EOG Resources ( EOG) is up $0.98 (1.0%) to $99.09 on average volume. Thus far, 1.7 million shares of EOG Resources exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $97.57-$99.43 after having opened the day at $97.67 as compared to the previous trading day's close of $98.11.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $54.1 billion and is part of the basic materials sector. Shares are up 16.9% year-to-date as of the close of trading on Thursday. Currently there are 21 analysts who rate EOG Resources a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full EOG Resources 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, Anadarko Petroleum ( APC) is up $0.78 (0.8%) to $97.36 on heavy volume. Thus far, 4.9 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $96.12-$97.67 after having opened the day at $96.31 as compared to the previous trading day's close of $96.58.

Anadarko Petroleum Corporation is engaged in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. Anadarko Petroleum has a market cap of $50.9 billion and is part of the basic materials sector. Shares are up 21.8% year-to-date as of the close of trading on Thursday. Currently there are 21 analysts who rate Anadarko Petroleum a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Anadarko Petroleum 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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