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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 176 points (1.0%) at 18,236 as of Thursday, May 14, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,373 issues advancing vs. 649 declining with 125 unchanged.

The Energy industry currently is unchanged today versus the S&P 500, which is up 0.8%. Top gainers within the industry include Valero Energy ( VLO), up 2.4%, Marathon Petroleum ( MPC), up 1.6%, Enterprise Products Partners ( EPD), up 1.4%, Pioneer Natural Resources ( PXD), up 1.4% and China Petroleum & Chemical ( SNP), up 0.8%. On the negative front, top decliners within the industry include Seadrill ( SDRL), down 5.1%, Ensco ( ESV), down 4.3%, Concho Resources ( CXO), down 2.2%, Antero Resources ( AR), down 1.9% and Continental Resources ( CLR), down 1.5%.

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

3. BP ( BP) is one of the companies pushing the Energy industry higher today. As of noon trading, BP is up $0.23 (0.5%) to $43.00 on average volume. Thus far, 2.7 million shares of BP exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $42.95-$43.20 after having opened the day at $43.10 as compared to the previous trading day's close of $42.77.

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BP p.l.c. operates as an integrated oil and gas company worldwide. It operates in three segments: Upstream, Downstream, and Rosneft. BP has a market cap of $142.3 billion and is part of the basic materials sector. Shares are up 12.0% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate BP a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates BP as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full BP Ratings Report now.

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2. As of noon trading, Chevron ( CVX) is up $0.94 (0.9%) to $108.64 on average volume. Thus far, 2.7 million shares of Chevron exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $108.02-$109.30 after having opened the day at $108.08 as compared to the previous trading day's close of $107.70.

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Chevron Corporation, through its subsidiaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $202.3 billion and is part of the basic materials sector. Shares are down 4.1% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Chevron a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Chevron as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow. Get the full Chevron Ratings Report now.

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1. As of noon trading, Exxon Mobil Corporation ( XOM) is up $0.54 (0.6%) to $87.10 on light volume. Thus far, 3.9 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 13.3 million shares. The stock has ranged in price between $86.78-$87.34 after having opened the day at $86.93 as compared to the previous trading day's close of $86.56.

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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation has a market cap of $364.6 billion and is part of the basic materials sector. Shares are down 5.9% year-to-date as of the close of trading on Wednesday. Currently there are 3 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 hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Exxon Mobil Corporation Ratings Report now.

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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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