3 Energy Stocks Nudging 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 45 points (0.3%) at 16,697 as of Thursday, Aug. 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,017 issues advancing vs. 963 declining with 158 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is up 0.3%. Top gainers within the industry include Ultrapar Participacoes ( UGP), up 1.7%, Kinder Morgan Energy Partners ( KMP), up 1.8%, Energy Transfer Equity ( ETE), up 1.4%, Enterprise Products Partners ( EPD), up 1.3% and Royal Dutch Shell ( RDS.A), up 0.5%. On the negative front, top decliners within the industry include Ecopetrol ( EC), down 2.5%, Pioneer Natural Resources ( PXD), down 0.9%, PetroChina ( PTR), down 1.0%, Halliburton ( HAL), down 1.0% and China Petroleum & Chemical ( SNP), down 0.8%.

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

3. Kinder Morgan ( KMI) is one of the companies pushing the Energy industry higher today. As of noon trading, Kinder Morgan is up $0.78 (2.0%) to $39.55 on heavy volume. Thus far, 7.0 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $38.84-$39.58 after having opened the day at $39.15 as compared to the previous trading day's close of $38.77.

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

Kinder Morgan, Inc. operates as a midstream and energy company in North America. It operates through Natural Gas Pipelines, CO2 KMP, Products Pipelines KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other segments. Kinder Morgan has a market cap of $39.8 billion and is part of the basic materials sector. Shares are up 7.7% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Kinder Morgan a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Kinder Morgan 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, Occidental Petroleum ( OXY) is up $0.68 (0.7%) to $100.67 on light volume. Thus far, 1.1 million shares of Occidental Petroleum exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $99.78-$100.82 after having opened the day at $100.27 as compared to the previous trading day's close of $99.99.

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

Occidental Petroleum Corporation is engaged in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. Occidental Petroleum has a market cap of $77.8 billion and is part of the basic materials sector. Shares are up 5.1% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who rate Occidental Petroleum a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Occidental Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, expanding profit margins, increase in net income 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 Occidental Petroleum 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, Valero Energy ( VLO) is up $1.27 (2.5%) to $52.60 on light volume. Thus far, 2.7 million shares of Valero Energy exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $51.36-$52.64 after having opened the day at $51.49 as compared to the previous trading day's close of $51.33.

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

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. Valero Energy has a market cap of $26.9 billion and is part of the basic materials sector. Shares are up 1.9% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who rate Valero Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Valero Energy 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, attractive valuation levels, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Valero Energy 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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