5 Utilities Stocks Falling This Afternoon: AEP, EP, EGN, AGL, CVA

Through most of the trading day on Friday, September 16, 2011, these stocks are bringing down the Utilities (NYSE:XLU) sector. 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.

American Electric Power Company Inc (NYSE:AEP) is among the price losers in the sector as its stock price is $37.52, down 15 cents (-0.3%) from the previous close of $37.64. American Electric Power Co Inc is a public utility holding company that provides electric service, consisting of generation, transmission and distribution, to its retail customers through subsidiaries.

Stock Price Performance: From September 9, 2011, to September 15, 2011, the stock price had risen 84 cents (2.3%) from $36.80 to $37.64. It saw one of its worst periods between November 5, 2010 and November 17, 2010 when shares fell for nine straight trading days, falling 4.1% (-$1.46). The stock price saw one of its best stretches over the last year between April 21, 2011 and May 3, 2011 when shares rose for eight straight trading days, rising 4.1% (+$1.42).

El Paso Corporation (NYSE:EP) is among the price losers in the sector. Its shares are trading at $19.33, which is 34 cents (-1.6%) below the previous close of $19.65. El Paso Corp. is an energy company, provides natural gas and related energy products.

Stock Price Performance: From September 9, 2011, to September 15, 2011, the stock price had risen $1.41 (7.7%) from $18.24 to $19.65. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven straight trading days, rising 5.2% (+$1.02). It saw one of its worst periods between July 27, 2011 and August 4, 2011 when shares fell for seven straight trading days, falling 15.4% (-$3.21).

Energen Corporation (NYSE:EGN) stocks are trading at $47.16. This is 25 cents (-0.6%) below the previous close of $47.43, making the company one of the biggest price losers in the sector today. 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 July 20, 2011, to September 15, 2011, the stock price had fallen $13.39 (-22%) from $60.82 to $47.43. 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).

Shares of AGL Resources Inc. (NYSE:AGL) are trading at $40.78, down 49 cents (-1%) from the previous close of $41.21. AGL Resources, Inc. is an energy services holding company, which is in the business of distribution of natural gas in six states – Florida, Georgia, Maryland, New Jersey, Tennessee and Virginia.

Stock Price Performance: From August 17, 2011, to September 15, 2011, the stock price had risen $2.24 (5.7%) from $38.97 to $41.21. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 3.2% (-$1.33). The stock price saw one of its best stretches over the last year between June 23, 2011 and July 7, 2011 when shares rose for 10 straight trading days, rising 6.6% (+$2.57).

Covanta Holding Corporation (NYSE:CVA) is one of the sector losers in price. Its shares are trading at $15.39, down 12 cents (-0.8%) from the previous close of $15.52. Covanta Holding Corporation is a developer, owner and operator of infrastructure for the conversion of waste to energy known as ‘energy-from-waste’, as well as other waste disposal and renewable energy production businesses in the Americas, Europe & Asia.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $1.40 (-8.3%) from $16.92 to $15.52. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 6.2% (+$1). It saw one of its worst periods between April 6, 2011 and April 19, 2011 when shares fell for 10 straight trading days, falling 6.8% (-$1.19).