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 17 points (-0.1%) at 17,039 as of Tuesday, July 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 915 issues advancing vs. 2,069 declining with 174 unchanged. The Basic Materials sector currently sits down 1.0% versus the S&P 500, which is down 0.3%. A company within the sector that increased today was Marathon Petroleum ( MPC), up 1.1%. On the negative front, top decliners within the sector include Continental Resources ( CLR), down 3.3%, Suncor Energy ( SU), down 3.0%, Canadian Natural Resources ( CNQ), down 2.7%, Crescent Point Energy ( CPG), down 2.4% and Encana ( ECA), down 2.4%. TheStreet would like to highlight 3 stocks pushing the sector higher today: 3. Phillips 66 ( PSX) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Phillips 66 is up $0.72 (0.9%) to $80.67 on heavy volume. Thus far, 5.9 million shares of Phillips 66 exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $79.42-$80.67 after having opened the day at $79.74 as compared to the previous trading day's close of $79.95. Phillips 66 operates as an energy manufacturing and logistics company. It operates in four segments: Midstream, Chemicals, Refining, Marketing and Specialties. Phillips 66 has a market cap of $45.4 billion and is part of the energy industry. Shares are up 3.7% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Phillips 66 a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Phillips 66 as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Phillips 66 Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.