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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 26 points (-0.1%) at 17,879 as of Friday, June 5, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,219 issues advancing vs. 1,787 declining with 146 unchanged.

The Energy industry currently sits up 0.9% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Whiting Petroleum ( WLL), up 5.0%, EOG Resources ( EOG), up 2.9%, Continental Resources ( CLR), up 2.8%, Energy Transfer Equity ( ETE), up 2.7% and Pioneer Natural Resources ( PXD), up 2.5%.

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 $0.34 (0.5%) to $63.34 on average volume. Thus far, 2.5 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $62.71-$64.22 after having opened the day at $62.73 as compared to the previous trading day's close of $63.00.

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ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. ConocoPhillips has a market cap of $78.7 billion and is part of the basic materials sector. Shares are down 8.8% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate ConocoPhillips a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates ConocoPhillips 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, deteriorating net income and disappointing return on equity. Get the full ConocoPhillips Ratings Report now.

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2. As of noon trading, Halliburton ( HAL) is up $0.82 (1.8%) to $45.53 on average volume. Thus far, 6.3 million shares of Halliburton exchanged hands as compared to its average daily volume of 13.6 million shares. The stock has ranged in price between $44.37-$45.93 after having opened the day at $44.56 as compared to the previous trading day's close of $44.71.

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Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation. Halliburton has a market cap of $38.8 billion and is part of the basic materials sector. Shares are up 13.7% year-to-date as of the close of trading on Thursday. Currently there are 18 analysts who rate Halliburton a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Halliburton as a hold. 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 reasonable valuation levels. 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 Halliburton Ratings Report now.

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1. As of noon trading, Chevron ( CVX) is up $0.60 (0.6%) to $101.99 on average volume. Thus far, 3.4 million shares of Chevron exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $100.99-$103.10 after having opened the day at $101.18 as compared to the previous trading day's close of $101.39.

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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 $192.1 billion and is part of the basic materials sector. Shares are down 9.6% year-to-date as of the close of trading on Thursday. 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, deteriorating net income and disappointing return on equity. Get the full Chevron 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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