5 Utilities Stocks Moving to the Upside as Markets Rebound

These stocks are helping the Utilities (NYSE:XLU) sector achieve one of the best win rates for the day. Over 96% of companies in the sector are in the green. 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.

El Paso Corporation (NYSE:EP) is among the top price gainers in the sector. Its shares are trading at $19.04, up 49 cents (+2.6%) from the previous close of $18.55. El Paso Corp. is an energy company, provides natural gas and related energy products.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $1.57 (-7.8%) from $20.20 to $18.63. 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).

MDU Resources Group, Inc. (NYSE:MDU) is among the sector price gainers, as its shares are trading at $20.50, up 40 cents (+2%) from the previous close of $20.10. MDU Resources Group, Inc., through its subsidiary, is engaged in electric, natural gas distribution, construction services, pipeline and energy services, natural gas and oil production, construction materials and contracting, and other.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $2.05 (-9.3%) from $22.15 to $20.10. 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 5.3% (+$1.16). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 4.9% (-$1.11).

Energen Corporation (NYSE:EGN) is among the top price gainers in the sector. Its shares are trading at $46.79, up $1.71 (+3.8%) from the previous close of $45.08. 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 10, 2011, to September 6, 2011, the stock price had fallen $13.15 (-22.6%) from $58.23 to $45.08. 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).

UGI Corporation (NYSE:UGI) is among the sector price gainers, as its shares are trading at $29.33, up 60 cents (+2.1%) from the previous close of $28.73. UGI Corporation is a domestic and international retail distributor of propane and butane, natural gas and electric service through regulated local distribution utilities.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $2.95 (-9.1%) from $32.36 to $29.41. The stock price saw one of its best stretches over the last year between April 19, 2011 and April 29, 2011 when shares rose for eight straight trading days, rising 6.1% (+$1.89). It saw one of its worst periods between April 4, 2011 and April 13, 2011 when shares fell for eight straight trading days, falling 5.4% (-$1.78).

Atmos Energy Corporation (NYSE:ATO) is among the top price gainers in the sector. Its shares are trading at $33.77, up 80 cents (+2.4%) from the previous close of $32.97. 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 August 8, 2011, to September 6, 2011, the stock price had risen $4.41 (15.4%) from $28.56 to $32.97. 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).

More Articles About:   , , , , , ,  

More from The Cheat Sheet