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

Dow Jones Industrial Average

(

^DJI

) trading up 11 points (0.1%) at 16,525 as of Friday, Jan. 8, 2016, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,027 issues advancing vs. 1,896 declining with 168 unchanged.

The Basic Materials sector currently sits down 0.9% versus the S&P 500, which is down 0.4%. A company within the sector that increased today was

Enterprise Products Partners

(

EPD

), up 0.9%. On the negative front, top decliners within the sector include

Williams Companies

(

WMB

), down 4.1%,

Royal Dutch Shell

(

RDS.A

), down 4.1%,

Valero Energy

(

VLO

), down 3.7%,

Statoil ASA

(

STO

), down 3.5% and

Canadian Natural Resources

(

CNQ

), down 3.2%.

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

3.

China Petroleum & Chemical

(

SNP

) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, China Petroleum & Chemical is up $0.88 (1.6%) to $54.59 on average volume. Thus far, 92,820 shares of China Petroleum & Chemical exchanged hands as compared to its average daily volume of 150,800 shares. The stock has ranged in price between $54.51-$55.99 after having opened the day at $55.44 as compared to the previous trading day's close of $53.71.

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China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, engages in the oil and gas, and chemical operations and businesses in the People's Republic of China. China Petroleum & Chemical has a market cap of $66.4 billion and is part of the energy industry. Shares are down 10.4% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate China Petroleum & Chemical a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

China Petroleum & Chemical

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

China Petroleum & Chemical Ratings Report

now.

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2. As of noon trading,

NGL Energy Partners

(

NGL

) is up $3.63 (39.8%) to $12.75 on heavy volume. Thus far, 2.7 million shares of NGL Energy Partners exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $10.69-$12.90 after having opened the day at $10.69 as compared to the previous trading day's close of $9.12.

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NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. NGL Energy Partners has a market cap of $1.1 billion and is part of the energy industry. Shares are down 17.4% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate NGL Energy Partners a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

NGL Energy Partners

as a

hold

. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including generally higher debt management risk, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full

NGL Energy Partners Ratings Report

now.

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1. As of noon trading,

Kinder Morgan

(

KMI

) is up $0.20 (1.4%) to $14.45 on light volume. Thus far, 9.3 million shares of Kinder Morgan exchanged hands as compared to its average daily volume of 38.0 million shares. The stock has ranged in price between $14.16-$14.63 after having opened the day at $14.51 as compared to the previous trading day's close of $14.25.

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Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. Kinder Morgan has a market cap of $33.0 billion and is part of the energy industry. Shares are down 4.5% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Kinder Morgan a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Kinder Morgan

as a

hold

. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and generally higher debt management risk. Get the full

Kinder Morgan 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 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

).