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
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole was unchanged today. By the end of trading, Anadarko Petroleum fell $1.31 (-1.5%) to $87.45 on average volume. Throughout the day, 4.2 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in price between $87.15-$89.20 after having opened the day at $89 as compared to the previous trading day's close of $88.76. Other companies within the Basic Materials sector that declined today were:
), down 10.6%,
), down 7.6%,
), down 7.5%, and
), down 6.9%.
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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 and internationally. Anadarko Petroleum has a market cap of $44.49 billion and is part of the energy industry. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Wednesday. Currently there are 21 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
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, increase in stock price during the past year, good cash flow from operations, expanding profit margins and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Anadarko Ratings Report.
On the positive front,
), up 22.9%,
), up 17.9%,
), up 13.8%, and
), up 7%, were all gainers within the basic materials sector with
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
) while those bearish on the basic materials sector could consider
- Find other investment ideas from our top rated ETFs lists.
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