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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 up 0.2%. By the end of trading, Enterprise Products Partners rose 76 cents (1.4%) to $53.88 on average volume. Throughout the day, 819,265 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 $53-$53.90 after having opened the day at $53.16 as compared to the previous trading day's close of $53.12. Other companies within the Basic Materials sector that increased today were: Andatee China Marine Fuel Services Corporat ( AMCF), up 19.8%, Ur-Energy ( URG), up 12.8%, North American Palladium ( PAL), up 11%, and Voyager Oil & Gas ( VOG), up 10.7%.

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 and internationally. Enterprise Products Partners has a market cap of $46.83 billion and is part of the energy industry. The company has a P/E ratio of 19.2, below the average energy industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 13.4% 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 and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Geokinetics ( GOK), down 16.7%, Lake Shore Gold ( LSG), down 14.3%, Atlatsa Resources ( ATL), down 12.7%, and Molycorp ( MCP), down 11.8%, were all laggards within the basic materials sector with Transocean ( RIG) being today's basic materials sector laggard.

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).

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