Utilities Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Utilities (NYSE:XLU) sector:

Gainers (% price change)

  • Suntech Power Hldgs. Co (NYSE:STP): The shares closed at $2.38, up $0.33, or 16.1%, on the day. Its market capitalization is $428.75 million. About the company: Suntech Power Holdings Company Ltd produces solar cells. The Company designs, develops, manufactures and markets a variety of photovoltaic (PV) cells and modules. Suntech Power is based in China.
  • EnerNOC, Inc. (NASDAQ:ENOC): The shares closed at $9.05, up $0.52, or 6.1%, on the day. Its market capitalization is $242.21 million. About the company: EnerNOC, Inc. develops and provides clean and intelligent power solutions to commercial, institutional and industrial customers, as well as electric power grid operators and utilities. The Company, through its network centers remotely manages electricity consumption across a network of end-use customer sites.
  • Energen Corporation (NYSE:EGN): The shares closed at $43.04, up $2.1, or 5.13%, on the day. Its market capitalization is $3.10 billion. About the company: Energen Corporation is a diversified energy holding company. The Company acquires, develops, explores, and produces oil, natural gas and natural gas liquids in the continental United States. The Company also purchases, distributes and sells natural gas, principally in central and north Alabama.
  • Williams Companies, Inc. (NYSE:WMB): The shares closed at $24.75, up $1.14, or 4.83%, on the day. Its market capitalization is $14.58 billion. About the company: The Williams Companies, Inc. is an integrated natural gas company that produces, gathers, processes and transports natural gas. The Company’s operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, the Eastern Seaboard, and the province of Alberta in Canada.
  • NRG Energy, Inc. (NYSE:NRG): The shares closed at $20.51, up $0.94, or 4.8%, on the day. Its market capitalization is $4.95 billion. About the company: NRG Energy, Inc. owns and operates a diverse portfolio of power-generating facilities, primarily in the United States. The Company’s operations include energy production and cogeneration facilities, thermal energy production, and energy resource recovery facilities.

Losers (% price change)

  • Consolidated Edison, Inc. (NYSE:ED): The shares closed at $55.15, down $1.29, or 2.29%, on the day. Its market capitalization is $16.15 billion. About the company: Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers.
  • El Paso Electric Company (NYSE:EE): The shares closed at $30.83, down $0.51, or 1.63%, on the day. Its market capitalization is $1.29 billion. About the company: El Paso Electric Company generates, distributes, and transmits electricity in west Texas and southern New Mexico. The Company also serves wholesale customers in Texas, New Mexico, California, and Mexico. El Paso Electric owns or has partial ownership interests in electrical generating facilities.
  • ITC Holdings Corp. (NYSE:ITC): The shares closed at $72.62, down $1.06, or 1.44%, on the day. Its market capitalization is $3.73 billion. About the company: ITC Holdings Corporation is a holding company. Through subsidiaries, the Company transmits electricity from electricity generating stations to local electricity distribution facilities. ITC invests in electricity transmission infrastructure improvements as a means to improve electricity reliability and reduce congestion.
  • Chesapeake Utilities Corp (NYSE:CPK): The shares closed at $40.04, down $0.49, or 1.21%, on the day. Its market capitalization is $382.95 million. About the company: Chesapeake Utilities Corporation is a utility company that provides natural gas transmission and distribution, propane distribution, and information technology services. The Company distributes natural gas to residential, commercial, and industrial customers in Delaware, Maryland, and Florida. Chesapeake Utilities’ propane is distributed to customers in Delaware, Maryland, and Virginia.
  • The Southern Company (NYSE:SO): The shares closed at $41.33, down $0.48, or 1.15%, on the day. Its market capitalization is $35.45 billion. About the company: Southern Company is a public utility holding company. The Company, through its subsidiaries, generates, wholesales, and retails electricity in the southeastern United States. The Company also offers wireless telecommunications services, and provides businesses with two-way radio, telephone, paging, and Internet access services as well as wholesales fiber optic solutions.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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