5 Stocks Pushing The Basic Materials Sector Lower

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 44 points (0.3%) at 15,539 as of Tuesday, Sept. 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,783 issues advancing vs. 1,120 declining with 134 unchanged.

The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include Potash Corporation of Saskatchewan ( POT), down 1.8%, Marathon Petroleum ( MPC), down 2.0%, Phillips 66 ( PSX), down 1.6%, Monsanto Company ( MON), down 0.9% and Air Products & Chemicals ( APD), down 0.9%. Top gainers within the sector include Whiting Petroleum Corporation ( WLL), up 3.9%, Consol Energy ( CNX), up 2.1%, LyondellBasell Industries ( LYB), up 1.6%, Apache Corporation ( APA), up 1.7% and Cabot Oil & Gas Corporation ( COG), up 1.4%.

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

5. Western Gas Partners ( WES) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Western Gas Partners is down $1.71 (-3.0%) to $55.02 on heavy volume. Thus far, 203,915 shares of Western Gas Partners exchanged hands as compared to its average daily volume of 167,500 shares. The stock has ranged in price between $54.58-$57.26 after having opened the day at $56.51 as compared to the previous trading day's close of $56.73.

Western Gas Partners, LP owns, operates, acquires, and develops midstream energy assets in east, west, and south Texas; the Rocky Mountains; and the Mid-Continent. Western Gas Partners has a market cap of $6.5 billion and is part of the energy industry. Shares are up 22.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Western Gas Partners a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Western Gas Partners 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, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Western Gas Partners 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, Magellan Midstream Partners L.P ( MMP) is down $0.99 (-1.9%) to $52.06 on heavy volume. Thus far, 505,264 shares of Magellan Midstream Partners L.P exchanged hands as compared to its average daily volume of 518,600 shares. The stock has ranged in price between $51.93-$53.07 after having opened the day at $52.89 as compared to the previous trading day's close of $53.05.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. Magellan Midstream Partners L.P has a market cap of $12.2 billion and is part of the energy industry. Shares are up 24.1% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Magellan Midstream Partners L.P a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Magellan Midstream Partners L.P 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, expanding profit margins, solid stock price performance and notable return on equity. 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 Magellan Midstream Partners L.P 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, Energy Transfer Partners L.P ( ETP) is down $0.59 (-1.2%) to $50.07 on average volume. Thus far, 503,732 shares of Energy Transfer Partners L.P exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $50.00-$50.65 after having opened the day at $50.65 as compared to the previous trading day's close of $50.66.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Energy Transfer Partners L.P has a market cap of $19.1 billion and is part of the energy industry. Shares are up 18.5% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Energy Transfer Partners L.P a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and increase in net income. 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 Energy Transfer Partners L.P 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, Enterprise Products Partners ( EPD) is down $0.51 (-0.9%) to $57.76 on light volume. Thus far, 382,154 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $57.67-$58.24 after having opened the day at $58.07 as compared to the previous trading day's close of $58.27.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $53.5 billion and is part of the energy industry. Shares are up 15.9% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels 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 Enterprise Products Partners 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, Agrium ( AGU) is down $1.28 (-1.4%) to $90.61 on light volume. Thus far, 301,172 shares of Agrium exchanged hands as compared to its average daily volume of 979,300 shares. The stock has ranged in price between $90.35-$92.02 after having opened the day at $91.88 as compared to the previous trading day's close of $91.89.

In addition to supplying wholesalers, Agrium operates more than 200 fertilizer retail outlets in the US in 22 states and nearly 40 retail farm centers in South America. Agrium has a market cap of $13.2 billion and is part of the chemicals industry. Shares are down 10.4% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Agrium a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Agrium as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Agrium 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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