Enterprise Products Partners LP (EPD): Today's Featured Basic Materials Winner

Enterprise Products Partners ( EPD) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 1.2%. By the end of trading, Enterprise Products Partners rose 39 cents (0.8%) to $51.78 on light volume. Throughout the day, 804,842 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $50.83-$51.80 after having opened the day at $51.02 as compared to the previous trading day's close of $51.39. Other companies within the Basic Materials sector that increased today were: Lizhan Environmental ( LZEN), up 53.5%, Cereplast ( CERP), up 26.7%, Prospect Global Resources ( PGRX), up 13.6%, and Geokinetics ( GOK), up 9.3%.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States, Canada, and Gulf of Mexico. Enterprise Products Partners has a market cap of $45.74 billion and is part of the energy industry. The company has a P/E ratio of 19.8, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 10.8% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, Atlatsa Resources ( ATL), down 9.9%, Walter Energy ( WLT), down 9.9%, PostRock Energy ( PSTR), down 9.2%, and L & L Energy ( LLEN), down 8.2%, were all losers within the basic materials sector with Occidental Petroleum Corporation ( OXY) being today's basic materials sector loser.

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 ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).