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. All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged. The Basic Materials sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Newmont Mining Corporation ( NEM), down 3.7%, and Goldcorp ( GG), down 2.5%. Top gainers within the sector include Petroleo Brasileiro SA Petrobras ( PBR), up 5.5%, Schlumberger ( SLB), up 2.0%, Halliburton Company ( HAL), up 2.0%, Vale ( VALE), up 1.2% and Dow Chemical ( DOW), up 1.3%. TheStreet would like to highlight 4 stocks pushing the sector lower today: 4. Statoil ASA ( STO) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Statoil ASA is down $0.18 (-0.8%) to $22.12 on average volume. Thus far, 748,713 shares of Statoil ASA exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $21.99-$22.15 after having opened the day at $22.04 as compared to the previous trading day's close of $22.30. 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. Shares are down 11.1% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 4 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, 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.