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

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 higher today making it today's featured basic materials winner. The sector as a whole closed the day up 0.8%. By the end of trading, Anadarko Petroleum rose $2.03 (2.5%) to $83.57 on average volume. Throughout the day, 4,630,524 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 4,836,000 shares. The stock ranged in a price between $81.70-$83.57 after having opened the day at $81.70 as compared to the previous trading day's close of $81.54. Other companies within the Basic Materials sector that increased today were: Golden Minerals ( AUMN), up 24.7%, Lightbridge ( LTBR), up 24.2%, Avino Silver & Gold Mines ( ASM), up 17.0% and Northern Dynasty Minerals ( NAK), up 13.1%.

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 $41.0 billion and is part of the energy industry. Shares are up 2.8% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Anadarko Petroleum a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

On the negative front, MagneGas Corporation ( MNGA), down 12.6%, Whiting USA Trust I ( WHX), down 8.8%, Gerdau ( GGB), down 8.6% and Senomyx ( SNMX), down 8.0% , were all laggards within the basic materials sector with Petroleo Brasileiro SA Petrobras ( PBR.A) being today's basic materials sector laggard.

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).

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