Energy Stocks On The Rise With Help From 3 Stocks

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 0 points (0.0%) at 18,120 as of Tuesday, June 23, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,606 issues advancing vs. 1,375 declining with 175 unchanged.

The Energy industry currently sits up 1.0% versus the S&P 500, which is down 0.1%. Top gainers within the industry include China Petroleum & Chemical ( SNP), up 4.1%, Ecopetrol ( EC), up 1.7%, Canadian Natural Resources ( CNQ), up 1.6%, PetroChina ( PTR), up 1.6% and TransCanada ( TRP), up 1.3%.

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

3. Cheniere Energy ( LNG) is one of the companies pushing the Energy industry higher today. As of noon trading, Cheniere Energy is up $2.95 (4.2%) to $73.45 on heavy volume. Thus far, 2.5 million shares of Cheniere Energy exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $70.21-$74.48 after having opened the day at $70.37 as compared to the previous trading day's close of $70.50.

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Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. Cheniere Energy has a market cap of $16.6 billion and is part of the basic materials sector. Shares are up 0.1% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Cheniere Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cheniere Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share. Get the full Cheniere Energy Ratings Report now.

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2. As of noon trading, ConocoPhillips ( COP) is up $0.52 (0.8%) to $63.10 on light volume. Thus far, 1.6 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $62.51-$63.11 after having opened the day at $62.68 as compared to the previous trading day's close of $62.58.

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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 $76.9 billion and is part of the basic materials sector. Shares are down 9.4% year-to-date as of the close of trading on Monday. 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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1. As of noon trading, Schlumberger ( SLB) is up $0.84 (1.0%) to $87.81 on average volume. Thus far, 3.0 million shares of Schlumberger exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $86.49-$87.84 after having opened the day at $86.72 as compared to the previous trading day's close of $86.97.

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Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments. Schlumberger has a market cap of $110.0 billion and is part of the basic materials sector. Shares are up 1.8% year-to-date as of the close of trading on Monday. Currently there are 18 analysts who rate Schlumberger a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Schlumberger 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 good cash flow from operations. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Schlumberger 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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