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)

  • Delta Natural Gas Co (NASDAQ:DGAS): The shares closed at $32.90, up $1.5, or 4.78%, on the day. Its market capitalization is $110.75 million. About the company: Delta Natural Gas Company, Inc. distributes, stores, transports, gathers, and produces natural gas. The Company, through its subsidiaries, buys and sells gas, as well as operates underground storage and production properties.
  • Crosstex Energy, Inc. (NASDAQ:XTXI): The shares closed at $15.14, up $0.6, or 4.13%, on the day. Its market capitalization is $714.32 million. About the company: Crosstex Energy, Inc. is an independent midstream energy services company that offers supply and marketing services to oil and gas producers and consumers. The Company is involved in natural gas gathering, treating, processing, transmission, distribution, supply and marketing, and crude oil marketing. Crosstex owns pipelines and plant facilities in several key regions.
  • IDACORP, Inc. (NYSE:IDA): The shares closed at $39.05, up $1.2, or 3.17%, on the day. Its market capitalization is $1.94 billion. About the company: IDACORP, Inc is the holding company for Idaho Power Company, an electric utility and IDACORP Energy, an energy marketing company. Idaho Power generates, purchases, transmits, distributes, and sells electric energy in southern Idaho, eastern Oregon, and northern Nevada. IDACORP Energy maintains electricity and natural gas marketing operations.
  • Southwest Gas Corporation (NYSE:SWX): The shares closed at $36.66, up $0.95, or 2.66%, on the day. Its market capitalization is $1.68 billion. About the company: Southwest Gas Corporation purchases, transports, and distributes natural gas to residential, commercial, and industrial customers in portions of Arizona, Nevada, and California. The Company also provides construction services to utility companies, including trenching and installation, replacement, and maintenance services for energy distribution systems.
  • PG&E Corporation (NYSE:PCG): The shares closed at $42.55, up $1.02, or 2.46%, on the day. Its market capitalization is $17.12 billion. About the company: PG&E Corporation is a holding company that holds interests in energy based businesses. The Company’s holdings include a public utility operating in northern and central California that provides electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage.

Losers (% price change)

  • Crosstex Energy, L.P. (NASDAQ:XTEX): The shares closed at $16.42, down $0.81, or 4.7%, on the day. Its market capitalization is $831.34 million. About the company: Crosstex Energy, LP, is a midstream energy company which gathers, transmits, processes, and markets natural gas. The Company connects natural gas wells, largely in the Texas Gulf Coast area, to its gathering system, removes impurities and natural gas liquids, and transports the natural gas to industrial end-users, utilities, and other pipelines.
  • Oneok Partners LP (NYSE:OKS): The shares closed at $42.58, down $1.38, or 3.14%, on the day. Its market capitalization is $8.68 billion. About the company: ONEOK Partners, L.P., through a subsidiary limited partnership, owns a general partner interest in a master limited partnership. The partnership owns an interstate pipeline system that transports natural gas primarily in the upper Midwest and Mid Continent regions of the United States.
  • TransAlta Corp. (NYSE:TAC): The shares closed at $22.48, down $0.56, or 2.43%, on the day. Its market capitalization is $5.01 billion. About the company: TransAlta Corporation is a non-regulated electric generation and marketing company with its growth focused in developing coal and gas-fired generation. The Company is currently focused on Australia, Canada, the United States, and Mexico.
  • Suntech Power Hldgs. Co (NYSE:STP): The shares closed at $3.68, down $0.09, or 2.39%, on the day. Its market capitalization is $662.95 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.
  • Energy Transfer Equity, L (NYSE:ETE): The shares closed at $37.46, down $0.77, or 2.01%, on the day. Its market capitalization is $8.35 billion. About the company: Energy Transfer Equity, L.P. owns equity interests in Energy Transfer Partners, a limited partnership involved in the natural gas midstream, transportation, and storage business, as well as a retail propane business.

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

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