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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 89 points (-0.5%) at 16,857 as of Wednesday, June 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,007 issues advancing vs. 1,935 declining with 173 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 Devon Energy ( DVN), up 3.1%, Concho Resources ( CXO), up 2.4%, Petroleo Brasileiro SA Petrobras ( PBR), up 2.1%, Continental Resources ( CLR), up 1.4% and EOG Resources ( EOG), up 1.4%. A company within the industry that fell today was China Petroleum & Chemical ( SNP), up 1.1%.

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

3. Chesapeake Energy ( CHK) is one of the companies pushing the Energy industry higher today. As of noon trading, Chesapeake Energy is up $0.50 (1.7%) to $29.72 on light volume. Thus far, 2.9 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 8.8 million shares. The stock has ranged in price between $29.15-$29.77 after having opened the day at $29.18 as compared to the previous trading day's close of $29.22.

Chesapeake Energy Corporation is engaged in the acquisition, exploration, and development of properties for the production of natural gas, oil, and natural gas liquids (NGL) from underground reservoirs in the United States. Chesapeake Energy has a market cap of $19.7 billion and is part of the basic materials sector. Shares are up 7.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Chesapeake Energy Ratings Report now.

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2. As of noon trading, Pioneer Natural Resources ( PXD) is up $4.10 (1.9%) to $223.30 on average volume. Thus far, 506,729 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 $217.02-$223.33 after having opened the day at $217.78 as compared to the previous trading day's close of $219.20.

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 $31.5 billion and is part of the basic materials sector. Shares are up 19.1% year-to-date as of the close of trading on Tuesday. 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.

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1. As of noon trading, Anadarko Petroleum ( APC) is up $3.52 (3.4%) to $107.44 on heavy volume. Thus far, 8.1 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $103.21-$109.00 after having opened the day at $103.21 as compared to the previous trading day's close of $103.92.

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 $52.1 billion and is part of the basic materials sector. Shares are up 31.0% year-to-date as of the close of trading on Tuesday. Currently there are 19 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 increase in stock price during the past year. 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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