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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Phillips 66



) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 1.0%. By the end of trading, Phillips 66 fell $0.62 (-1.1%) to $57.10 on light volume. Throughout the day, 2,631,291 shares of Phillips 66 exchanged hands as compared to its average daily volume of 3,825,300 shares. The stock ranged in price between $56.94-$58.50 after having opened the day at $57.94 as compared to the previous trading day's close of $57.72. Other companies within the Basic Materials sector that declined today were:

Crosshair Energy



), down 19.1%,

Entree Gold



), down 12.8%,

Midway Gold



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TheStreet Recommends

), down 9.7% and

Tasman Metals



), down 8.7%.

Phillips 66 operates as an independent downstream energy company. The company operates in three segments: Refining and Marketing (R&M), Midstream, and Chemicals. Phillips 66 has a market cap of $36.0 billion and is part of the energy industry. Shares are up 8.7% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Phillips 66 a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Phillips 66

as a


. The company's strengths can be seen in multiple areas, such as its solid stock price performance, 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 poor profit margins and weak operating cash flow.

On the positive front,

Constellation Energy Partners



), up 14.5%,

Lone Pine Resources



), up 13.4%,

China Gengsheng Minerals



), up 9.8% and

United States Antimony Corporation



), up 9.3% , were all gainers within the basic materials sector with

Murphy Oil Corporation



) being today's featured basic materials sector leader.

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



) while those bearish on the basic materials sector could consider

ProShares Short Basic Materials Fd




STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.