Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 15,419 as of Friday, Aug. 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,348 issues advancing vs. 1,561 declining with 117 unchanged. The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Potash Corporation of Saskatchewan ( POT), down 1.5%, Chevron ( CVX), down 0.7% and ConocoPhillips ( COP), down 0.7%. Top gainers within the sector include Vale ( VALE), up 5.1%, ArcelorMittal ( MT), up 5.3%, Freeport-McMoRan Copper & Gold ( FCX), up 3.2%, Petroleo Brasileiro SA Petrobras ( PBR.A), up 1.8% and Statoil ASA ( STO), up 1.1%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. Transocean ( RIG) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Transocean is down $0.96 (-2.0%) to $47.62 on average volume. Thus far, 1.9 million shares of Transocean exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $47.50-$48.50 after having opened the day at $48.50 as compared to the previous trading day's close of $48.58. Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services, as well as logistics services. Transocean has a market cap of $17.5 billion and is part of the energy industry. Shares are up 8.6% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Transocean a buy, 1 analyst rates it a sell, and 10 rate it a hold. TheStreet Ratings rates Transocean as a hold. 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 revenue growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Transocean 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.