3 Stocks Pushing The Energy 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 16 points (-0.1%) at 16,836 as of Monday, June 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,605 issues advancing vs. 1,347 declining with 197 unchanged.

The Energy industry currently sits up 0.4% versus the S&P 500, which is unchanged. Top gainers within the industry include Cheniere Energy ( LNG), up 1.9%, Linn Energy ( LINE), up 1.8%, Concho Resources ( CXO), up 1.3%, Transocean ( RIG), up 1.2% and Seadrill ( SDRL), up 1.1%. On the negative front, top decliners within the industry include Ultrapar Participacoes ( UGP), down 1.8%, YPF Sociedad Anonima ( YPF), down 1.6%, China Petroleum & Chemical ( SNP), down 1.2%, Statoil ASA ( STO), down 0.9% and Ecopetrol ( EC), down 0.8%.

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 $1.98 (0.9%) to $228.27 on light volume. Thus far, 428,533 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 $224.97-$229.64 after having opened the day at $226.20 as compared to the previous trading day's close of $226.29.

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 $32.6 billion and is part of the basic materials sector. Shares are up 22.9% year-to-date as of the close of trading on Friday. Currently there are 16 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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2. As of noon trading, Apache Corporation ( APA) is up $0.93 (0.9%) to $100.69 on average volume. Thus far, 2.1 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $99.69-$101.98 after having opened the day at $99.86 as compared to the previous trading day's close of $99.76.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $38.5 billion and is part of the basic materials sector. Shares are up 16.1% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Apache Corporation a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Apache Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Apache Corporation Ratings Report now.

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1. As of noon trading, EOG Resources ( EOG) is up $0.75 (0.7%) to $116.59 on light volume. Thus far, 858,010 shares of EOG Resources exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $115.85-$117.11 after having opened the day at $116.13 as compared to the previous trading day's close of $115.84.

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 $63.1 billion and is part of the basic materials sector. Shares are up 38.0% year-to-date as of the close of trading on Friday. Currently there are 20 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).

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