The energy sector hasn’t exactly been booming, as weak demand caused by the economic downturn weighs on the profits of many oil and gas picks. But make no mistake — this is a buying opportunity, and many of the best stocks continue to see good stock appreciation even in this volatile market.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’m tracking nine oil and energy stocks that are standing tall amid the turmoil.
Here they are, in alphabetical order. Each one of these stocks gets a “A” or “B” grade according to my research, meaning it is a buy or a strong buy:
Cabot Oil & Gas Corp. (NYSE:COG) is an independent oil and gas stock that develops, exploits and explores natural gas properties across the U.S. This oil stock is up an incredible 92% since the start of January.
El Paso Corp. (NYSE:EP) is an energy company that operates in the natural gas transmission and exploration and production sectors of the energy industry. Clearly the turbulent market hasn’t affected El Paso stock — it’s up 40% year to date.
Enbridge Inc. (NYSE:ENB) is an energy transportation and distribution company separated into six segments: Liquids Pipelines, Gas Distribution, Gas Pipelines, Processing and Energy Services, Sponsored Investments and Corporate. Enbridge stock has gained 13% in 2011.
EQT Corp. (NYSE:EQT) was formerly known as Equitable Resources, Inc. and is a natural gas producer in the Appalachian Basin. Potential investors might be nervous to buy in this market, but EQT is a standout buy, up 40% in 2011.
Oneok Partners (NYSE:OKS) is known for gathering, processing, storage and transportation of natural gas in the U.S. OKS has posted more modest gains than others on this list but still is up 10% year to date.
Magellan Midstream Partners (NYSE:MMP) is involved with the transportation, storage and distribution of refined petroleum products. MMP is another oil stock that has gained nearly 20% since January.
Range Resources Corp. (NYSE:RRC) is an independent natural gas and oil company that explores, develops and acquires primarily natural gas and oil properties in the U.S. This is another stock that is up big, gaining 46% year to date.
Southern Union Co. (NYSE:SUG) also is involved with the gathering, processing, transportation, storage and distribution of natural gas in the U.S. Southern Union stock has jumped 74% year to date.
Williams Partners (NYSE:WPZ) is an integrated natural gas company that is involved with exploration and production, midstream gathering and processing and interstate natural gas transportation. In the last nine-and-a-half months, WPZ stock has gained 18% since January 2011.
Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.