3 Energy Stocks Driving The Industry Higher

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 21 points (0.1%) at 16,839 as of Wednesday, June 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,709 issues advancing vs. 1,282 declining with 166 unchanged.

The Energy industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Pioneer Natural Resources ( PXD), up 3.8%, Continental Resources ( CLR), up 2.7%, EOG Resources ( EOG), up 2.0%, Enterprise Products Partners ( EPD), up 1.4% and ConocoPhillips ( COP), up 0.8%. On the negative front, top decliners within the industry include HollyFrontier ( HFC), down 8.2%, Statoil ASA ( STO), down 1.4%, Exxon Mobil Corporation ( XOM), down 1.0%, Petroleo Brasileiro SA Petrobras ( PBR), down 1.0% and Total ( TOT), down 0.7%.

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

3. Halliburton ( HAL) is one of the companies pushing the Energy industry higher today. As of noon trading, Halliburton is up $1.19 (1.8%) to $69.35 on average volume. Thus far, 5.0 million shares of Halliburton exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $67.85-$69.72 after having opened the day at $68.07 as compared to the previous trading day's close of $68.16.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton has a market cap of $59.3 billion and is part of the basic materials sector. Shares are up 34.3% year-to-date as of the close of trading on Tuesday. Currently there are 21 analysts who rate Halliburton a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Halliburton as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Halliburton 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, Anadarko Petroleum ( APC) is up $1.91 (1.8%) to $109.30 on light volume. Thus far, 1.6 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 $107.50-$109.70 after having opened the day at $107.77 as compared to the previous trading day's close of $107.39.

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 $56.3 billion and is part of the basic materials sector. Shares are up 35.4% 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, solid stock price performance and expanding profit margins. 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.

1. As of noon trading, Schlumberger ( SLB) is up $5.07 (4.7%) to $112.05 on heavy volume. Thus far, 8.5 million shares of Schlumberger exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $106.85-$112.61 after having opened the day at $106.85 as compared to the previous trading day's close of $106.98.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $141.7 billion and is part of the basic materials sector. Shares are up 18.7% year-to-date as of the close of trading on Tuesday. Currently there are 24 analysts who rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger as a buy. The company's strengths can be seen in multiple areas, such as its 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 good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Schlumberger 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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