Utilities Stocks Closing Upward August 30th, 2011

At the close of trading, these stocks helped the Utilities (NYSE:XLU) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

FirstEnergy Corp (NYSE:FE) was among the sector price gainers, as it closed at $43.85, up 27 cents (+0.6%) from the previous close of $43.58. FirstEnergy Corp. is a diversified energy company that operates through its subsidiaries: OE, CEI, TE, Penn, ATSI, JCP&L, Met-Ed and Penelec.

Stock Price Performance: From July 29, 2011, to August 26, 2011, the stock price had dropped $1.56 (-3.5%) from $44.09 to $42.53. The stock price saw one of its best stretches over the last year between December 15, 2010 and December 28, 2010 when shares rose for nine straight trading days, rising 4.3% (+$1.47). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 4% (-$1.75).

NiSource Inc. (NYSE:NI) was one of the top price gainers. It closed at $21.24, which is 18 cents (+0.9%) above the previous close of $21.06. NiSource is an energy holding company that provides natural gas, electricity and other products and services to customers in the U.S.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had risen $1.59 (8.2%) from $19.47 to $21.06. The stock price saw one of its best stretches over the last year between April 19, 2011 and May 4, 2011 when shares rose for 11 straight trading days, rising 6.8% (+$1.25). It saw one of its worst periods between July 21, 2011 and August 1, 2011 when shares fell for eight straight trading days, falling 4.3% (-91 cents).

NV Energy, Inc. (NYSE:NVE) was among the top price gainers in the sector. Its shares traded at $14.95, up 13 cents (+0.9%) from the previous close of $14.82. NV Energy, Inc., is an investor-owned holding company. Its utilities operate three business segments: NPC electric, SPPC electric and SPPC natural gas.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen 77 cents (-4.9%) from $15.59 to $14.82. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 3, 2011 when shares rose for seven straight trading days, rising 3.1% (+46 cents). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 8% (-$1.23).

Shares of Energen Corporation (NYSE:EGN) closed at $48.36, up 34 cents (+0.7%) from the previous close of $48.02. Energen Corporation is engaged in the development, acquisition, exploration & production of oil & natural gas & natural gas liquids in the continental U.S. and in the purchase, distribution and sale of natural gas in central & north Alabama.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $15.13 (-24.8%) from $60.92 to $45.79. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 8.6% (+$5.13). It saw one of its worst periods between May 31, 2011 and June 13, 2011 when shares fell for 10 straight trading days, falling 9.5% (-$5.92).

Atmos Energy Corporation (NYSE:ATO) was among the sector price gainers, as it closed at $33.41, up 37 cents (+1.1%) from the previous close of $33.04. Atmos Energy Corp. is engaged in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had risen $1.47 (4.7%) from $31.57 to $33.04. It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 4.8% (-$1.59). The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 4.9% (+$1.57).

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