Anadarko Petroleum Corp (APC): Today's Featured Basic Materials Laggard

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.

Anadarko Petroleum ( APC) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.1%. By the end of trading, Anadarko Petroleum fell $1.97 (-2.2%) to $88.60 on average volume. Throughout the day, 3,660,415 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 2,746,500 shares. The stock ranged in price between $88.16-$90.53 after having opened the day at $90.22 as compared to the previous trading day's close of $90.57. Other companies within the Basic Materials sector that declined today were: Sonde Resources ( SOQ), down 9.4%, Polymet Mining ( PLM), down 7.3%, Recon Technology ( RCON), down 7.1% and Silver Bull Resources ( SVBL), down 6.9%.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $45.6 billion and is part of the energy industry. The company has a P/E ratio of 25.9, above the S&P 500 P/E ratio of 17.7. Shares are up 21.8% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum 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.

On the positive front, Augusta Resource Corporation ( AZC), up 63.1%, Genie Energy Ltd Class B ( GNE), up 19.9%, Pacific Ethanol ( PEIX), up 13.6% and Gevo ( GEVO), up 10.4% , were all gainers within the basic materials sector with Marathon Petroleum ( MPC) being today's featured basic materials sector leader.

For investors not wanting singular stock exposure, 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).

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

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