Targa Resources Partners ( NGLS) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 3.4%. By the end of trading, Targa Resources Partners rose 45 cents (1.3%) to $35.90 on average volume. Throughout the day, 246,271 shares of Targa Resources Partners exchanged hands as compared to its average daily volume of 310,400 shares. The stock ranged in a price between $35.01-$36 after having opened the day at $35.25 as compared to the previous trading day's close of $35.45. Other companies within the Basic Materials sector that increased today were: BioFuel Energy Corporation ( BIOF), up 34.2%, TransAtlantic Petroleum ( TAT), up 11.1%, Pacific Ethanol Inc ( PEIX), up 9.8%, and Pacific Ethanol Inc ( PEIXD), up 9.8%. Targa Resources Partners LP provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates through two divisions, Natural Gas Gathering and Processing; and NGL Logistics and Marketing. Targa Resources Partners has a market cap of $2.9 billion and is part of the energy industry. The company has a P/E ratio of 23.3, above the average energy industry P/E ratio of 23.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Friday. TheStreet Ratings rates Targa as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.