3 Stocks Moving The Energy Industry Upward

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 5 points (0.0%) at 16,932 as of Tuesday, June 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,934 issues advancing vs. 1,059 declining with 170 unchanged.

The Energy industry currently sits down 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Halliburton ( HAL), down 1.5%, Imperial Oil ( IMO), down 1.2%, Apache Corporation ( APA), down 1.0%, ConocoPhillips ( COP), down 0.7% and Statoil ASA ( STO), down 0.6%.

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

3. Enterprise Products Partners ( EPD) is one of the companies pushing the Energy industry higher today. As of noon trading, Enterprise Products Partners is up $0.40 (0.5%) to $76.68 on average volume. Thus far, 509,768 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $75.84-$77.06 after having opened the day at $75.92 as compared to the previous trading day's close of $76.28.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Enterprise Products Partners has a market cap of $70.7 billion and is part of the basic materials sector. Shares are up 15.1% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who rate Enterprise Products Partners a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, growth in earnings per share and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Enterprise Products Partners Ratings Report now.

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2. As of noon trading, Kinder Morgan ( KMI) is up $0.26 (0.7%) to $36.27 on average volume. Thus far, 2.1 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $36.04-$36.30 after having opened the day at $36.07 as compared to the previous trading day's close of $36.01.

Kinder Morgan, Inc. operates as a midstream and energy company in North America. It operates through Natural Gas Pipelines, CO2 KMP, Products Pipelines KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other segments. Kinder Morgan has a market cap of $37.0 billion and is part of the basic materials sector. Shares are up 0.0% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Kinder Morgan a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Kinder Morgan Ratings Report now.

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1. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR) is up $0.26 (1.7%) to $15.89 on light volume. Thus far, 6.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 23.3 million shares. The stock has ranged in price between $15.60-$15.98 after having opened the day at $15.61 as compared to the previous trading day's close of $15.63.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $102.8 billion and is part of the basic materials sector. Shares are up 13.4% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year 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, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras 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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