MPC, EOG, VLO, SLB And CVX, Pushing 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 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Boardwalk Pipeline Partners ( BWP), down 38.9%, ArcelorMittal ( MT), down 4.9%, Companhia Siderurgica Nacional ( SID), down 4.6%, YPF Sociedad Anonima ( YPF), down 4.1% and Gerdau ( GGB), down 3.1%. Top gainers within the sector include Agnico Eagle Mines ( AEM), up 5.4%, Silver Wheaton Corporation ( SLW), up 3.6%, Newmont Mining Corporation ( NEM), up 2.9%, Goldcorp ( GG), up 2.6% and Barrick Gold Corporation ( ABX), up 2.2%.

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

5. Marathon Petroleum ( MPC) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Marathon Petroleum is down $1.99 (-2.4%) to $82.48 on light volume. Thus far, 1.0 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $82.48-$84.50 after having opened the day at $84.50 as compared to the previous trading day's close of $84.47.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. Marathon Petroleum has a market cap of $25.1 billion and is part of the energy industry. Shares are down 7.9% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Marathon Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Marathon Petroleum 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, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Marathon Petroleum 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 $2.63 (-1.5%) to $173.87 on average volume. Thus far, 814,157 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $173.07-$176.76 after having opened the day at $176.76 as compared to the previous trading day's close of $176.50.

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 $47.3 billion and is part of the energy industry. Shares are up 5.2% year-to-date as of the close of trading on Friday. Currently there are 20 analysts that rate EOG Resources a buy, 1 analyst rates it a sell, and 5 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, increase in net income, good cash flow from operations, 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 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 $1.22 (-2.5%) to $47.35 on light volume. Thus far, 2.4 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8.8 million shares. The stock has ranged in price between $47.25-$48.62 after having opened the day at $48.56 as compared to the previous trading day's close of $48.57.

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 $25.5 billion and is part of the energy industry. Shares are down 3.1% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Valero Energy Corporation a buy, no analysts rate it a sell, and 3 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 impressive record of earnings per share growth, compelling growth in net income, 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 shows low profit margins. 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, Schlumberger ( SLB) is down $0.81 (-0.9%) to $88.69 on light volume. Thus far, 1.7 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $88.39-$89.48 after having opened the day at $89.45 as compared to the previous trading day's close of $89.50.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $115.7 billion and is part of the energy industry. Shares are down 0.7% year-to-date as of the close of trading on Friday. Currently there are 24 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Schlumberger 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, Chevron ( CVX) is down $0.66 (-0.6%) to $111.39 on average volume. Thus far, 3.1 million shares of Chevron exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $111.08-$112.47 after having opened the day at $112.47 as compared to the previous trading day's close of $112.05.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $214.0 billion and is part of the energy industry. Shares are down 10.3% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Chevron a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its 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 Chevron 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 4 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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