All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 111 points (0.7%) at 16,099 as of Tuesday, Jan. 19, 2016, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,492 declining with 135 unchanged.

The Energy industry currently sits down 2.2% versus the S&P 500, which is up 0.7%. Top gainers within the industry include China Petroleum & Chemical ( SNP), up 4.7%, and PetroChina ( PTR), up 4.2%. On the negative front, top decliners within the industry include Continental Resources ( CLR), down 8.3%, Petroleo Brasileiro SA Petrobras ( PBR), down 5.8%, Suncor Energy ( SU), down 4.4%, Canadian Natural Resources ( CNQ), down 3.6% and Imperial Oil ( IMO), down 2.6%.

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

3. Phillips 66 ( PSX) is one of the companies pushing the Energy industry higher today. As of noon trading, Phillips 66 is up $1.33 (1.7%) to $79.80 on average volume. Thus far, 1.5 million shares of Phillips 66 exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $79.10-$80.64 after having opened the day at $80.38 as compared to the previous trading day's close of $78.47.

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Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). Phillips 66 has a market cap of $42.3 billion and is part of the basic materials sector. Shares are down 4.1% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Phillips 66 a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Phillips 66 as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Phillips 66 Ratings Report now.

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2. As of noon trading, Valero Energy ( VLO) is up $0.90 (1.4%) to $67.31 on average volume. Thus far, 3.1 million shares of Valero Energy exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $66.61-$68.51 after having opened the day at $67.07 as compared to the previous trading day's close of $66.41.

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Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. Valero Energy has a market cap of $32.4 billion and is part of the basic materials sector. Shares are down 6.1% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Valero Energy a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Valero Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Valero Energy Ratings Report now.

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1. As of noon trading, Schlumberger ( SLB) is up $1.02 (1.6%) to $64.03 on average volume. Thus far, 4.0 million shares of Schlumberger exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $62.55-$64.22 after having opened the day at $63.12 as compared to the previous trading day's close of $63.01.

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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 $81.6 billion and is part of the basic materials sector. Shares are down 9.7% year-to-date as of the close of trading on Friday. Currently there are 20 analysts who rate Schlumberger a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Schlumberger as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, 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 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).