5 Stocks Pushing The Basic Materials Sector Higher

TheStreet Ratings group would like to highlight 5 stocks pushing the basic materials sector higher today, Nov. 13, 2012.

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 52 points (0.4%) at 12,867 as of Tuesday, Nov. 13, 2012, 11:54 AM ET. The NYSE advances/declines ratio sits at 1,426 issues advancing vs. 1,481 declining with 120 unchanged.

The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is up 0.5%. Top gainers within the sector include Emerald Oil ( EOX), up 264.9%, EOG Resources ( EOG), up 1.8%, Anadarko Petroleum ( APC), up 1.6%, Dow Chemical ( DOW), up 1.5% and Enterprise Products Partners ( EPD), up 1.4%. On the negative front, top decliners within the sector include Williams Partners ( WPZ), down 2.3%, PetroChina ( PTR), down 1.9%, Barrick Gold Corporation ( ABX), down 1.2%, Vale ( VALE), down 0.8% and Suncor Energy ( SU), down 1.1%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. Talisman Energy ( TLM) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Talisman Energy is up $0.36 (3.2%) to $11.52 on light volume Thus far, 1.5 million shares of Talisman Energy exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $10.95-$11.52 after having opened the day at $10.98 as compared to the previous trading day's close of $11.16.

Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. It primarily operates in North America, the North Sea, and southeast Asia. Talisman Energy has a market cap of $11.6 billion and is part of the energy industry. The company has a P/E ratio of -27.3, below the S&P 500 P/E ratio of 17.7. Shares are down 12.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Talisman Energy a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Talisman Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk. Get the full Talisman Energy Ratings Report now.

4. As of noon trading, Range Resources Corporation ( RRC) is up $2.07 (3.1%) to $68.68 on average volume Thus far, 670,638 shares of Range Resources Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $66.01-$68.78 after having opened the day at $66.03 as compared to the previous trading day's close of $66.61.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the acquisition, exploration, and development of natural gas and oil properties primarily in the Appalachian and southwestern regions of the United States. Range Resources Corporation has a market cap of $10.8 billion and is part of the energy industry. The company has a P/E ratio of -245.6, below the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Range Resources Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Range Resources Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and disappointing return on equity. Get the full Range Resources Corporation Ratings Report now.

3. As of noon trading, Southwestern Energy Company ( SWN) is up $0.94 (2.8%) to $34.90 on average volume Thus far, 2.1 million shares of Southwestern Energy Company exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $33.68-$34.95 after having opened the day at $33.70 as compared to the previous trading day's close of $33.96.

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil primarily in the United States. The company operates through two segments, Exploration and Production, and Midstream Services. Southwestern Energy Company has a market cap of $12.0 billion and is part of the energy industry. The company has a P/E ratio of -32.3, below the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Southwestern Energy Company a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Southwestern Energy Company as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Southwestern Energy Company Ratings Report now.

2. As of noon trading, Schlumberger ( SLB) is up $1.32 (1.9%) to $69.80 on average volume Thus far, 2.8 million shares of Schlumberger exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $67.50-$69.86 after having opened the day at $67.60 as compared to the previous trading day's close of $68.48.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $90.8 billion and is part of the energy industry. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Monday. Currently there are 24 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Schlumberger as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Schlumberger Ratings Report now.

1. As of noon trading, Exxon Mobil Corporation ( XOM) is up $0.38 (0.4%) to $87.70 on light volume Thus far, 2.8 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 11.9 million shares. The stock has ranged in price between $86.60-$87.99 after having opened the day at $86.75 as compared to the previous trading day's close of $87.32.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. Exxon Mobil Corporation has a market cap of $397.6 billion and is part of the energy industry. The company has a P/E ratio of 9.2, below the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Exxon Mobil Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Exxon Mobil Corporation Ratings Report now.

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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