Anadarko Petroleum Corp (APC): 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.

Anadarko Petroleum ( APC) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 1.7%. By the end of trading, Anadarko Petroleum rose $2.39 (3.5%) to $71.07 on average volume. Throughout the day, 5.1 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 4.7 million shares. The stock ranged in a price between $68.92-$71.10 after having opened the day at $68.99 as compared to the previous trading day's close of $68.68. Other companies within the Basic Materials sector that increased today were: Minco Gold Corporation ( MGH), up 12%, Westmoreland Coal ( WLB), up 11.4%, Ceres ( CERE), up 10.2%, and AK Steel Holding Corporation ( AKS), up 10%.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids(NGLs) in the United States, Algeria, and internationally. Anadarko Petroleum has a market cap of $34.54 billion and is part of the energy industry. Shares are down 9.4% year to date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.

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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%