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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,877 as of Thursday, June 19, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,663 issues advancing vs. 1,297 declining with 187 unchanged. The Basic Materials sector currently sits up 1.0% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include YPF Sociedad Anonima ( YPF), down 2.0%, Petroleo Brasileiro SA Petrobras ( PBR.A), down 1.9%, Energy Transfer Equity ( ETE), down 1.2%, Suncor Energy ( SU), down 1.0% and E I du Pont de Nemours & Company ( DD), down 0.5%. Top gainers within the sector include Goldcorp ( GG), up 5.1%, Enterprise Products Partners ( EPD), up 1.5%, Spectra Energy ( SE), up 1.4%, Phillips 66 ( PSX), up 1.2% and Total ( TOT), up 1.2%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. Statoil ASA ( STO) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Statoil ASA is down $0.24 (-0.7%) to $31.60 on average volume. Thus far, 736,495 shares of Statoil ASA exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $31.40-$31.69 after having opened the day at $31.41 as compared to the previous trading day's close of $31.83. Statoil ASA, an integrated energy company, is engaged in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. Statoil ASA has a market cap of $100.0 billion and is part of the energy industry. Shares are up 31.9% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Statoil ASA a buy, 1 analyst rates it a sell, and 3 rate it a hold. TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Statoil ASA 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.