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 0.2%. By the end of trading, Terra Nitrogen Company L.P fell $4.81 (-2.5%) to $184.72 on average volume. Throughout the day, 73,844 shares of Terra Nitrogen Company L.P exchanged hands as compared to its average daily volume of 85,400 shares. The stock ranged in price between $182.08-$188.52 after having opened the day at $186.78 as compared to the previous trading day's close of $189.53. Other company's within the Chemicals industry that declined today were: Altair Nanotechnologies ( ALTI), down 6.3%, Cereplast ( CERP), down 5.9%, Pacific Ethanol ( PEIX), down 5.5%, and Lightbridge ( LTBR), down 5.1%.

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 $3.61 billion and is part of the basic materials sector. The company has a P/E ratio of 12.6, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates Terra Nitrogen Company L.P as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Synthesis Energy Sys ( SYMX), up 12.4%, Pure Bioscience ( PURE), up 7.7%, CVR Partners ( UAN), up 4.6%, and LyondellBasell Industries ( LYB), up 4.1%, were all gainers within the chemicals industry with Potash Corporation of Saskatchewan ( POT) 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).
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