Today's Top Performers In Energy

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 29 points (-0.2%) at 16,714 as of Tuesday, June 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,066 issues advancing vs. 1,889 declining with 193 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the industry include National Oilwell Varco ( NOV), up 1.4%, Petroleo Brasileiro SA Petrobras ( PBR), up 1.3%, Ecopetrol ( EC), up 0.8% and Royal Dutch Shell ( RDS.B), up 0.7%. On the negative front, top decliners within the industry include Williams Partners ( WPZ), down 1.4%, Spectra Energy ( SE), down 1.0% and Total ( TOT), down 0.6%.

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

3. Pioneer Natural Resources ( PXD) is one of the companies pushing the Energy industry higher today. As of noon trading, Pioneer Natural Resources is up $2.40 (1.1%) to $211.68 on average volume. Thus far, 706,972 shares of Pioneer Natural Resources exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $207.81-$212.30 after having opened the day at $207.93 as compared to the previous trading day's close of $209.28.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGL), and gas. Pioneer Natural Resources has a market cap of $30.1 billion and is part of the basic materials sector. Shares are up 13.7% year-to-date as of the close of trading on Monday. Currently there are 15 analysts who rate Pioneer Natural Resources a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Pioneer Natural 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.

2. As of noon trading, Occidental Petroleum ( OXY) is up $0.63 (0.6%) to $100.39 on average volume. Thus far, 1.5 million shares of Occidental Petroleum exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $99.50-$100.49 after having opened the day at $99.79 as compared to the previous trading day's close of $99.76.

Occidental Petroleum Corporation is engaged in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. Occidental Petroleum has a market cap of $78.3 billion and is part of the basic materials sector. Shares are up 4.9% year-to-date as of the close of trading on Monday. Currently there are 11 analysts who rate Occidental Petroleum a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Occidental Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Occidental 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.

1. As of noon trading, EOG Resources ( EOG) is up $0.93 (0.9%) to $106.31 on light volume. Thus far, 890,133 shares of EOG Resources exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $105.27-$106.39 after having opened the day at $105.45 as compared to the previous trading day's close of $105.38.

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 $57.8 billion and is part of the basic materials sector. Shares are up 25.6% year-to-date as of the close of trading on Monday. Currently there are 19 analysts who rate EOG Resources a buy, no analysts rate it a sell, and 4 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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.

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).

null

More from Markets

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon