3 Stocks Boosting 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 74 points (-0.4%) at 17,027 as of Monday, July 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 889 issues advancing vs. 2,085 declining with 146 unchanged.

The Energy industry currently sits down 0.3% versus the S&P 500, which is down 0.4%. Top gainers within the industry include Ultrapar Participacoes ( UGP), up 1.6%, and Ecopetrol ( EC), up 1.1%. On the negative front, top decliners within the industry include Cenovus Energy ( CVE), down 1.2%, Tenaris ( TS), down 1.2%, Imperial Oil ( IMO), down 1.2%, China Petroleum & Chemical ( SNP), down 0.9% and Total ( TOT), 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 $3.22 (1.4%) to $226.32 on light volume. Thus far, 383,200 shares of Pioneer Natural Resources exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $221.34-$226.78 after having opened the day at $222.33 as compared to the previous trading day's close of $223.10.

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 $32.3 billion and is part of the basic materials sector. Shares are up 21.2% year-to-date as of the close of trading on Friday. Currently there are 17 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, Petroleo Brasileiro SA Petrobras ( PBR) is up $0.15 (0.9%) to $17.23 on heavy volume. Thus far, 14.9 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 19.5 million shares. The stock has ranged in price between $16.86-$17.28 after having opened the day at $17.16 as compared to the previous trading day's close of $17.08.

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 $104.4 billion and is part of the basic materials sector. Shares are up 23.9% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 7 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.

1. As of noon trading, Schlumberger ( SLB) is up $0.80 (0.7%) to $113.16 on average volume. Thus far, 2.3 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 $112.36-$113.97 after having opened the day at $112.36 as compared to the previous trading day's close of $112.36.

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 $150.9 billion and is part of the basic materials sector. Shares are up 24.7% year-to-date as of the close of trading on Friday. Currently there are 23 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, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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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