3 Energy Stocks Pushing 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 92 points (0.6%) at 16,652 as of Wednesday, Aug. 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,209 issues advancing vs. 757 declining with 152 unchanged.

The Energy industry currently sits up 0.2% versus the S&P 500, which is up 0.6%. Top gainers within the industry include Western Gas Equity Partners ( WGP), up 2.7%, China Petroleum & Chemical ( SNP), up 1.9%, Magellan Midstream Partners L.P ( MMP), up 1.8% and Exxon Mobil Corporation ( XOM), up 0.6%. A company within the industry that fell today was Petroleo Brasileiro SA Petrobras ( PBR), up 1.7%.

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 $1.52 (2.0%) to $76.18 on average volume. Thus far, 506,730 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 994,600 shares. The stock has ranged in price between $74.50-$76.23 after having opened the day at $74.96 as compared to the previous trading day's close of $74.66.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $70.9 billion and is part of the basic materials sector. Shares are up 12.6% year-to-date as of the close of trading on Tuesday. 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, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Enterprise Products Partners Ratings Report now.

STOCKS TO BUY: 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, ConocoPhillips ( COP) is up $0.70 (0.9%) to $81.12 on average volume. Thus far, 2.3 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $80.82-$81.42 after having opened the day at $81.19 as compared to the previous trading day's close of $80.42.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

ConocoPhillips explores for, develops, and produces crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. ConocoPhillips has a market cap of $99.3 billion and is part of the basic materials sector. Shares are up 13.8% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate ConocoPhillips a buy, 3 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full ConocoPhillips Ratings Report now.

STOCKS TO BUY: 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, Halliburton ( HAL) is up $0.43 (0.6%) to $69.45 on light volume. Thus far, 1.4 million shares of Halliburton exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $69.04-$69.86 after having opened the day at $69.43 as compared to the previous trading day's close of $69.02.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $59.0 billion and is part of the basic materials sector. Shares are up 36.0% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts who rate Halliburton a buy, 1 analyst rates it a sell, and 3 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, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Halliburton Ratings Report now.

STOCKS TO BUY: 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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