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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 48 points (-0.3%) at 16,864 as of Wednesday, July 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,897 declining with 171 unchanged.

The Energy industry currently sits down 0.6% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Total ( TOT), down 4.4%, Royal Dutch Shell ( RDS.A), down 1.5%, Ecopetrol ( EC), down 1.3% and Exxon Mobil Corporation ( XOM), down 0.5%.

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

3. China Petroleum & Chemical ( SNP) is one of the companies pushing the Energy industry higher today. As of noon trading, China Petroleum & Chemical is up $1.19 (1.2%) to $98.64 on average volume. Thus far, 90,404 shares of China Petroleum & Chemical exchanged hands as compared to its average daily volume of 131,600 shares. The stock has ranged in price between $98.45-$99.84 after having opened the day at $99.71 as compared to the previous trading day's close of $97.45.

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, is engaged in the oil and gas, and chemical operations in the People's Republic of China. China Petroleum & Chemical has a market cap of $114.4 billion and is part of the basic materials sector. Shares are up 18.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates China Petroleum & Chemical a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates China Petroleum & Chemical as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, deteriorating net income and poor profit margins. Get the full China Petroleum & Chemical 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, PetroChina ( PTR) is up $0.74 (0.6%) to $133.67 on average volume. Thus far, 94,292 shares of PetroChina exchanged hands as compared to its average daily volume of 129,800 shares. The stock has ranged in price between $133.41-$135.47 after having opened the day at $134.95 as compared to the previous trading day's close of $132.93.

PetroChina Company Limited produces and sells oil and gas in the People's Republic of China. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. PetroChina has a market cap of $252.2 billion and is part of the basic materials sector. Shares are up 21.1% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate PetroChina a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates PetroChina as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, solid stock price performance, 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 shows low profit margins. Get the full PetroChina 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, Hess ( HES) is up $2.14 (2.1%) to $101.56 on heavy volume. Thus far, 2.7 million shares of Hess exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $101.24-$104.50 after having opened the day at $104.07 as compared to the previous trading day's close of $99.42.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil and natural gas worldwide. The company operates through 722 wells. As of December 31, 2013, it had total proved reserves of 1,437 million barrels of oil equivalent. Hess has a market cap of $31.4 billion and is part of the basic materials sector. Shares are up 19.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Hess a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Hess as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hess 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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