5 Stocks Pulling The Basic Materials Sector Downward

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 4 points (0.0%) at 15,077 as of Monday, Aug. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 933 issues advancing vs. 2,036 declining with 90 unchanged.

The Basic Materials sector currently sits down 0.4% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Marathon Oil ( MRO), down 3.4%, ArcelorMittal ( MT), down 2.5%, Canadian Natural Resources ( CNQ), down 2.2%, Enterprise Products Partners ( EPD), down 1.9% and Energy Transfer Equity ( ETE), down 1.7%.

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

5. Williams Companies ( WMB) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Williams Companies is down $0.51 (-1.5%) to $34.48 on light volume. Thus far, 1.7 million shares of Williams Companies exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $34.46-$34.99 after having opened the day at $34.94 as compared to the previous trading day's close of $34.99.

The Williams Companies, Inc. operates as an energy infrastructure company. Williams Companies has a market cap of $24.2 billion and is part of the energy industry. Shares are up 6.9% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Williams Companies 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, EOG Resources ( EOG) is down $1.79 (-1.1%) to $153.70 on average volume. Thus far, 638,894 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $153.70-$156.12 after having opened the day at $155.50 as compared to the previous trading day's close of $155.49.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources has a market cap of $42.7 billion and is part of the energy industry. Shares are up 28.7% year to date as of the close of trading on Friday. Currently there are 20 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full EOG 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, Valero Energy Corporation ( VLO) is down $0.83 (-2.4%) to $34.58 on average volume. Thus far, 3.4 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $34.56-$35.39 after having opened the day at $35.26 as compared to the previous trading day's close of $35.41.

Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. Valero Energy Corporation has a market cap of $19.5 billion and is part of the energy industry. Shares are up 3.8% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Valero Energy Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Valero Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, 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 sub par growth in net income. Get the full Valero Energy Corporation 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, Apache Corporation ( APA) is down $3.09 (-3.9%) to $75.90 on heavy volume. Thus far, 3.5 million shares of Apache Corporation exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $75.90-$78.45 after having opened the day at $78.42 as compared to the previous trading day's close of $78.99.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $31.3 billion and is part of the energy industry. Shares are up 0.6% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Apache Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Apache Corporation 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, Exxon Mobil Corporation ( XOM) is down $0.58 (-0.7%) to $87.33 on light volume. Thus far, 4.4 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 12.7 million shares. The stock has ranged in price between $87.29-$87.87 after having opened the day at $87.82 as compared to the previous trading day's close of $87.91.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells. Exxon Mobil Corporation has a market cap of $388.0 billion and is part of the energy industry. Shares are up 1.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Exxon Mobil Corporation a buy, 1 analyst rates it a sell, and 10 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 attractive valuation levels, largely solid financial position with reasonable debt levels by most measures 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 Exxon Mobil Corporation 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 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).
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