Utilities Sector Review: Winning and Losing Stocks on Oct 17th

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

Gainers (% price change)

  • El Paso Corporation (NYSE:EP): The shares closed at $24.45, up $4.86, or 24.81%, on the day. Its market capitalization is $18.83 billion. About the company: El Paso Corporation operates natural gas pipeline and storage facilities, transports natural gas, and imports liquefied natural gas. El Paso also explores for and produces natural gas. The Company has operations in the United States, Brazil, and Egypt.
  • Kinder Morgan Energy (NYSE:KMP): The shares closed at $75.14, up $3.63, or 5.08%, on the day. Its market capitalization is $24.77 billion. About the company: Kinder Morgan Energy Partners, L.P., is a pipeline transportation and energy storage company. The Company operates pipelines and terminals. The pipelines transport natural gas, gasoline, crude oil, carbon dioxide and other products; and its terminals store petroleum products and chemicals, and handle bulk materials like coal and petroleum coke.
  • EDENOR S.A. (NYSE:EDN): The shares closed at $7.32, up $0.32, or 4.57%, on the day. Its market capitalization is $328.32 million. About the company: Empresa Distribuidora y Comercializadora Norte S.A. distributes and sells electricity in the north-eastern region of greater Buenos Aires.
  • Energy Transfer Equity, L (NYSE:ETE): The shares closed at $36.35, up $0.64, or 1.79%, on the day. Its market capitalization is $8.11 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.
  • NiSource Inc. (NYSE:NI): The shares closed at $22.13, up $0.38, or 1.75%, on the day. Its market capitalization is $6.21 billion. About the company: NiSource Inc. is an energy holding company. The Company’s subsidiaries provide natural gas, electricity and other products and services to customers located within a corridor that runs from the Gulf Coast through the Midwest to New England.

Losers (% price change)

  • Suntech Power Hldgs. Co (NYSE:STP): The shares closed at $2.22, down $0.18, or 7.5%, on the day. Its market capitalization is $399.93 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 $9.24, down $0.5, or 5.13%, on the day. Its market capitalization is $247.30 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.
  • Companhia Paranaense de (NYSE:ELP): The shares closed at $18.49, down $1, or 5.13%, on the day. Its market capitalization is $5.06 billion. About the company: Companhia Paranaense de Energia-Copel generates, transmits, transforms and distributes electric power to the entire Brazilian State of Parana. The Company’s major customers are industrial, residential and rural electricity consumers. Copel generates electricity through the operation of fifteen hydroelectric plants and three thermoelectric plants.
  • Veolia Environnement (ADR (NYSE:VE): The shares closed at $14.84, down $0.8, or 5.12%, on the day. Its market capitalization is $7.50 billion. About the company: Veolia Environnement operates utility and public transportation businesses. The Company supplies drinking water, provides waste management services, manages and maintains heating and air conditioning systems, and operates rail and road passenger transportation systems.
  • Clean Energy Fuels Corp. (NASDAQ:CLNE): The shares closed at $11.18, down $0.59, or 5.01%, on the day. Its market capitalization is $786.72 million. About the company: Clean Energy Fuels Corporation designs, builds, finances and operates natural gas filling stations for vehicle fleets. The Company also helps its customers acquire and finance natural gas vehicles and obtain local, state, and federal clean air rebates and incentives.

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

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