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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 8 points (0.0%) at 17,140 as of Wednesday, Sept. 17, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,738 issues advancing vs. 1,242 declining with 174 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is unchanged. A company within the industry that increased today was Petroleo Brasileiro SA Petrobras ( PBR), up 1.7%. On the negative front, top decliners within the industry include Sunoco Logistics Partners ( SXL), down 5.0%, Schlumberger ( SLB), down 1.2%, Canadian Natural Resources ( CNQ), down 1.0%, Total ( TOT), down 0.8% and China Petroleum & Chemical ( SNP), down 0.8%.

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

3. Tenaris ( TS) is one of the companies pushing the Energy industry higher today. As of noon trading, Tenaris is up $0.63 (1.4%) to $46.89 on heavy volume. Thus far, 829,084 shares of Tenaris exchanged hands as compared to its average daily volume of 937,700 shares. The stock has ranged in price between $46.35-$46.98 after having opened the day at $46.39 as compared to the previous trading day's close of $46.26.

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

Tenaris S.A., through its subsidiaries, is engaged in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $27.1 billion and is part of the basic materials sector. Shares are up 5.9% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Tenaris a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its 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 somewhat disappointing return on equity. Get the full Tenaris 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, Continental Resources ( CLR) is up $0.98 (1.3%) to $75.53 on average volume. Thus far, 1.0 million shares of Continental Resources exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $74.83-$75.90 after having opened the day at $74.99 as compared to the previous trading day's close of $74.55.

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

Continental Resources, Inc. is engaged in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $27.4 billion and is part of the basic materials sector. Shares are up 32.5% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts who rate Continental Resources a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Continental Resources as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance 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 Continental Resources 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 $0.32 (1.8%) to $18.84 on average volume. Thus far, 7.6 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $18.57-$19.18 after having opened the day at $19.17 as compared to the previous trading day's close of $18.52.

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 $113.6 billion and is part of the basic materials sector. Shares are up 26.1% 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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