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 18 points (0.1%) at 16,551 as of Wednesday, April 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,684 issues advancing vs. 1,250 declining with 198 unchanged. The Basic Materials sector currently sits up 0.8% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include ArcelorMittal ( MT), down 2.9%, Marathon Petroleum ( MPC), down 2.6%, Alcoa ( AA), down 2.1%, Potash Corporation of Saskatchewan ( POT), down 1.6% and Valero Energy Corporation ( VLO), down 1.6%. Top gainers within the sector include Petroleo Brasileiro SA Petrobras ( PBR), up 3.6%, Pioneer Natural Resources Company ( PXD), up 3.4%, Newmont Mining Corporation ( NEM), up 3.4%, Barrick Gold Corporation ( ABX), up 3.4% and Vale ( VALE), up 2.5%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. Imperial Oil ( IMO) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Imperial Oil is down $0.34 (-0.7%) to $46.67 on average volume. Thus far, 131,577 shares of Imperial Oil exchanged hands as compared to its average daily volume of 257,600 shares. The stock has ranged in price between $46.18-$46.74 after having opened the day at $46.67 as compared to the previous trading day's close of $47.01. Imperial Oil Limited is engaged in the exploration for, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. Imperial Oil has a market cap of $39.5 billion and is part of the energy industry. Shares are up 5.2% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Imperial Oil a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Imperial Oil 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 somewhat weak growth in earnings per share. Get the full Imperial Oil 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.