PAA, RDS.B, EPD, SDRL And SE, 5 Basic Materials Stocks Pushing The 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 0 points (0.0%) at 15,915 as of Wednesday, Dec. 4, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,252 issues advancing vs. 1,627 declining with 137 unchanged.

The Basic Materials sector currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include El Paso Pipeline Partners ( EPB), down 8.9%, Kinder Morgan ( KMI), down 5.8%, Access Midstream Partners ( ACMP), down 3.3%, Kinder Morgan Energy Partners ( KMP), down 2.0% and Marathon Petroleum ( MPC), down 1.7%. Top gainers within the sector include Linn Energy ( LINE), up 4.4%, Continental Resources ( CLR), up 2.0%, Marathon Oil ( MRO), up 1.4%, Pioneer Natural Resources Company ( PXD), up 1.5% and Hess ( HES), up 1.4%.

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

5. Plains All American Pipeline ( PAA) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Plains All American Pipeline is down $0.92 (-1.8%) to $50.04 on light volume. Thus far, 379,341 shares of Plains All American Pipeline exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $50.01-$50.89 after having opened the day at $50.70 as compared to the previous trading day's close of $50.96.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. Plains All American Pipeline has a market cap of $17.6 billion and is part of the energy industry. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Plains All American Pipeline a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Plains All American Pipeline as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, reasonable valuation levels, notable return on equity 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 Plains All American Pipeline 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, Royal Dutch Shell ( RDS.B) is down $0.65 (-0.9%) to $68.71 on average volume. Thus far, 368,628 shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 878,200 shares. The stock has ranged in price between $68.42-$68.83 after having opened the day at $68.44 as compared to the previous trading day's close of $69.36.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $221.0 billion and is part of the energy industry. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7. Shares are down 2.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Royal Dutch Shell as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, 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 Royal Dutch Shell 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, Enterprise Products Partners ( EPD) is down $0.71 (-1.1%) to $62.04 on light volume. Thus far, 318,624 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 $61.87-$62.90 after having opened the day at $62.35 as compared to the previous trading day's close of $62.75.

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 $58.5 billion and is part of the energy industry. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 25.1% year to date as of the close of trading on Tuesday. Currently there are 16 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, good cash flow from operations, increase in net income 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.

2. As of noon trading, Seadrill ( SDRL) is down $0.66 (-1.6%) to $41.18 on heavy volume. Thus far, 2.7 million shares of Seadrill exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $41.13-$41.47 after having opened the day at $41.27 as compared to the previous trading day's close of $41.84.

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Tender Rigs. Seadrill has a market cap of $20.2 billion and is part of the energy industry. The company has a P/E ratio of 9.1, below the S&P 500 P/E ratio of 17.7. Shares are up 13.6% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Seadrill a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Seadrill as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Seadrill 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, Spectra Energy ( SE) is down $0.51 (-1.5%) to $33.15 on light volume. Thus far, 1.0 million shares of Spectra Energy exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $33.06-$33.61 after having opened the day at $33.44 as compared to the previous trading day's close of $33.66.

Spectra Energy Corp, through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company's U.S. Spectra Energy has a market cap of $22.4 billion and is part of the energy industry. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are up 22.1% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Spectra Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Spectra Energy 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 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 Spectra Energy 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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