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 97 points (0.6%) at 17,481 as of Wednesday, Nov. 5, 2014, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,800 issues advancing vs. 1,144 declining with 202 unchanged.

The Energy industry currently sits up 1.2% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Devon Energy ( DVN), up 9.6%, Chesapeake Energy ( CHK), up 6.0%, Cenovus Energy ( CVE), up 4.6%, Suncor Energy ( SU), up 4.0% and Statoil ASA ( STO), up 3.5%. On the negative front, top decliners within the industry include Pembina Pipeline ( PBA), down 2.0%, China Petroleum & Chemical ( SNP), down 1.4% and Ecopetrol ( EC), down 0.2%.

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

3. ConocoPhillips ( COP) is one of the companies pushing the Energy industry higher today. As of noon trading, ConocoPhillips is up $1.01 (1.5%) to $69.78 on average volume. Thus far, 3.7 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $68.98-$70.25 after having opened the day at $69.95 as compared to the previous trading day's close of $68.77.

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 $86.8 billion and is part of the basic materials sector. Shares are down 2.7% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate ConocoPhillips a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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.

2. As of noon trading, Halliburton ( HAL) is up $0.96 (1.9%) to $52.14 on average volume. Thus far, 6.5 million shares of Halliburton exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $51.38-$52.96 after having opened the day at $51.75 as compared to the previous trading day's close of $51.18.

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 $45.7 billion and is part of the basic materials sector. Shares are up 0.8% year-to-date as of the close of trading on Tuesday. Currently there are 21 analysts who rate Halliburton a buy, no analysts rate 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 revenue growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and impressive record of earnings per share growth. 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.

1. As of noon trading, Exxon Mobil Corporation ( XOM) is up $0.70 (0.7%) to $95.22 on light volume. Thus far, 4.0 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 11.7 million shares. The stock has ranged in price between $94.79-$95.53 after having opened the day at $95.36 as compared to the previous trading day's close of $94.52.

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

Exxon Mobil Corporation explores and produces for crude oil and natural gas. As of December 31, 2013, the company had approximately 37,661 gross and 31,823 net operated wells. Exxon Mobil Corporation has a market cap of $406.3 billion and is part of the basic materials sector. Shares are down 6.6% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Exxon Mobil Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Exxon Mobil Corporation 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, attractive valuation levels, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Exxon Mobil Corporation 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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