One out of the three major indices are trading lower today with the

Dow Jones Industrial Average

(

^DJI

) trading down 27 points (-0.1%) at 18,429 as of Friday, July 29, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,872 issues advancing vs. 1,043 declining with 148 unchanged.

The Basic Materials sector currently sits up 0.8% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include

Eastman Chemical

(

EMN

), down 7.1%,

Vale

(

VALE

), down 2.8%,

Exxon Mobil

(

XOM

), down 2.3% and

Enterprise Products Partners

(

EPD

), down 0.9%. Top gainers within the sector include

Petroleo Brasileiro SA Petrobras

(

PBR.A

), up 4.7%,

Enbridge

(

ENB

), up 3.8%,

Barrick Gold

(

ABX

), up 2.7%,

BP

(

BP

), up 0.8% and

PetroChina

(

PTR

), up 0.7%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3.

Phillips 66

(

PSX

) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Phillips 66 is down $1.17 (-1.5%) to $75.08 on heavy volume. Thus far, 2.9 million shares of Phillips 66 exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $73.82-$76.00 after having opened the day at $75.38 as compared to the previous trading day's close of $76.25.

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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 $39.6 billion and is part of the energy industry. Shares are down 6.8% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Phillips 66 a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates

Phillips 66

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. Get the full

Phillips 66 Ratings Report

now.

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2. As of noon trading,

LyondellBasell Industries

(

LYB

) is down $3.94 (-5.0%) to $75.08 on heavy volume. Thus far, 2.9 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $73.77-$76.25 after having opened the day at $76.25 as compared to the previous trading day's close of $79.02.

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LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. LyondellBasell Industries has a market cap of $33.3 billion and is part of the chemicals industry. Shares are down 9.1% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate LyondellBasell Industries a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

LyondellBasell Industries

as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity and attractive valuation levels. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

LyondellBasell Industries Ratings Report

now.

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1. As of noon trading,

Royal Dutch Shell

(

RDS.A

) is down $0.75 (-1.4%) to $51.60 on heavy volume. Thus far, 6.0 million shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $51.02-$51.86 after having opened the day at $51.07 as compared to the previous trading day's close of $52.35.

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Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $216.4 billion and is part of the energy industry. Shares are up 14.3% year-to-date as of the close of trading on Thursday.

TheStreet Ratings rates

Royal Dutch Shell

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 deteriorating net income, poor profit margins and weak operating cash flow. Get the full

Royal Dutch Shell Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 stocks, 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

).