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Anadarko Petroleum Corp (APC): Today's Featured Basic Materials Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Anadarko Petroleum ( APC) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 1.1%. By the end of trading, Anadarko Petroleum rose $1.16 (1.4%) to $81.18 on average volume. Throughout the day, 3.2 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in a price between $80-$81.83 after having opened the day at $80.80 as compared to the previous trading day's close of $80.02. Other companies within the Basic Materials sector that increased today were: Zion Oil & Gas ( ZN), up 13.8%, Gevo ( GEVO), up 10%, Alexco Resource ( AXU), up 9.9%, and Comstock Mining ( LODE), up 9.9%.

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Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids(NGLs) in the United States, Algeria, and internationally. Anadarko Petroleum has a market cap of $40.1 billion and is part of the energy industry. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 8% year to date as of the close of trading on Thursday. Currently there are 22 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, expanding profit margins, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, SandRidge Mississippian Trust II ( SDR), down 14.4%, Cubic Energy ( QBC), down 8.3%, China Natural Resources ( CHNR), down 7.9%, and Flexible Solutions International ( FSI), down 6.7%, were all laggards within the basic materials sector with Ultra Petroleum Corporation ( UPL) being today's basic materials sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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