3 Stocks Moving The Energy Industry Upward

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 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Energy industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras ( PBR), up 1.0%. A company within the industry that fell today was Royal Dutch Shell ( RDS.A), up 1.1%.

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

3. Statoil ASA ( STO) is one of the companies pushing the Energy industry higher today. As of noon trading, Statoil ASA is up $0.18 (0.6%) to $28.21 on light volume. Thus far, 259,055 shares of Statoil ASA exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $28.14-$28.23 after having opened the day at $28.19 as compared to the previous trading day's close of $28.03.

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

Statoil ASA, an integrated energy company, is engaged in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $89.2 billion and is part of the basic materials sector. Shares are up 16.2% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Statoil ASA a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Statoil ASA 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, Enterprise Products Partners ( EPD) is up $1.26 (1.6%) to $79.04 on average volume. Thus far, 695,014 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $77.44-$79.13 after having opened the day at $77.50 as compared to the previous trading day's close of $77.78.

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 $72.2 billion and is part of the basic materials sector. Shares are up 17.3% 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.

1. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.25 (1.4%) to $18.75 on average volume. Thus far, 4.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $18.44-$18.99 after having opened the day at $18.47 as compared to the previous trading day's close of $18.50.

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

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 $117.4 billion and is part of the basic materials sector. Shares are up 25.9% year-to-date as of the close of trading on Tuesday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Petroleo Brasileiro SA Petrobras 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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