Terra Nitrogen Company L.P. (TNH): Today's Featured Chemicals Loser

Terra Nitrogen Company L.P ( TNH) pushed the Chemicals industry lower today making it today's featured Chemicals loser. The industry as a whole closed the day up 0.7%. By the end of trading, Terra Nitrogen Company L.P fell $3.70 (-1.3%) to $274 on light volume. Throughout the day, 50,969 shares of Terra Nitrogen Company L.P exchanged hands as compared to its average daily volume of 85,200 shares. The stock ranged in price between $271.50-$278.50 after having opened the day at $277.50 as compared to the previous trading day's close of $277.70. Other company's within the Chemicals industry that declined today were: TPC Group ( TPCG), down 11.6%, Altair Nanotechnologies ( ALTI), down 8.8%, Pacific Ethanol ( PEIX), down 8.1%, and BioFuel Energy Corporation ( BIOF), down 8.1%.

Terra Nitrogen Company, L.P. engages in the production and sale of nitrogen fertilizer products. It primarily offers anhydrous ammonia and urea ammonium nitrate solutions. Terra Nitrogen GP Inc. serves as the general partner of the company. Terra Nitrogen Company, L.P. Terra Nitrogen Company L.P has a market cap of $5.16 billion and is part of the basic materials sector. The company has a P/E ratio of 18.2, equal to the average chemicals industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 65.4% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Terra Nitrogen Company L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, TOR Minerals International ( TORM), up 15.2%, Ikonics Corporation ( IKNX), up 9.4%, Lizhan Environmental ( LZEN), up 6.8%, and Flotek Industries ( FTK), up 6.6%, were all gainers within the chemicals industry with Mosaic ( MOS) being today's featured chemicals industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR ( XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd ( SBM).