5 Stocks Underperforming Today In The Basic Materials Sector

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.1%) at 15,298 as of Wednesday, June 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Basic Materials sector currently sits down 0.42 versus the S&P 500, which is down 0.17. On the negative front, top decliners within the sector include Inergy L.P ( NRGY), down 37.67, PetroChina ( PTR), down 1.99, Barrick Gold Corporation ( ABX), down 1.59, ArcelorMittal ( MT), down 1.47 and Halliburton Company ( HAL), down 1.17. A company within the sector that increased today was Freeport-McMoRan Copper & Gold ( FCX), up 1.16.

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

5. Statoil ASA ( STO) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Statoil ASA is down $0.21 (-0.9%) to $22.06 on light volume Thus far, 755,902 shares of Statoil ASA exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $22.02-$22.25 after having opened the day at $22.22 as compared to the previous trading day's close of $22.27.

Statoil ASA, an integrated energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $70.9 billion and is part of the energy industry. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7. Shares are down 11.1% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Statoil ASA Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Teck Resources ( TCK) is down $0.47 (-2.0%) to $23.10 on average volume Thus far, 1.4 million shares of Teck Resources exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $23.08-$23.59 after having opened the day at $23.36 as compared to the previous trading day's close of $23.57.

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in the Americas, Asia Pacific, Europe, and Africa. Teck Resources has a market cap of $13.4 billion and is part of the metals & mining industry. The company has a P/E ratio of 16.0, below the S&P 500 P/E ratio of 17.7. Shares are down 35.2% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Teck Resources a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Teck Resources as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Teck Resources Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Total ( TOT) is down $0.47 (-0.9%) to $50.28 on light volume Thus far, 498,150 shares of Total exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $50.09-$50.36 after having opened the day at $50.23 as compared to the previous trading day's close of $50.75.

TOTAL S.A., together with its subsidiaries, operates as a oil and gas company worldwide. The company operates in three segments: Upstream, Refining and Chemicals, and Marketing and Services. Total has a market cap of $115.1 billion and is part of the energy industry. The company has a P/E ratio of 7.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Total a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Total as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Total Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR) is down $0.16 (-1.1%) to $15.22 on average volume Thus far, 7.2 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 14.4 million shares. The stock has ranged in price between $15.14-$15.46 after having opened the day at $15.27 as compared to the previous trading day's close of $15.38.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $102.0 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 down 21.0% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, BP ( BP) is down $0.42 (-1.0%) to $42.87 on average volume Thus far, 2.6 million shares of BP exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $42.81-$43.02 after having opened the day at $42.95 as compared to the previous trading day's close of $43.29.

BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. BP has a market cap of $137.5 billion and is part of the energy industry. The company has a P/E ratio of 432.6, above the S&P 500 P/E ratio of 17.7. Shares are up 4.0% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate BP a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates BP as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full BP Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 4 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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