Utility industry stocks are an important investment option for those seeking stability and consistent returns. These stocks represent companies that provide essential services like electricity, natural gas, and water. As a result, they are often considered recession-resistant as their services are always in demand. Additionally, utility stocks typically pay attractive dividends, making them a popular choice for income-focused investors. However, it is important to note that utility stocks may be sensitive to interest rate fluctuations and regulatory changes. Overall, utility industry stocks can be a valuable addition to a diversified investment portfolio.
| Symbol | Exchange | Name | MCAP | Price | Change | PE Ratio | Yield |
|---|---|---|---|---|---|---|---|
| NRGV | NYSE | Energy Vault Holdings Inc | 0.11B | 0.73 | 8.98 | 0.00 | 0.00 |
| CIG | NYSE | Comp En De Mn Cemig ADS American Depositary Shares | 4.95B | 1.73 | -1.15 | 5.14 | 0.07 |
| MNTK | NASDAQ | Montauk Renewables Inc | 0.33B | 2.33 | 4.02 | 31.57 | 0.00 |
| CDZI | NASDAQ | Cadiz Inc | 0.21B | 2.54 | 7.18 | 10.21 | 0.00 |
| CIG.C | NYSE | Comp En De Mn Cemig ADS American Depositary Receipts | 7.32B | 2.56 | 0.20 | 7.09 | 0.05 |
| ENIC | NYSE | Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock) | 4.27B | 3.09 | 1.32 | 30.82 | 0.08 |
| FLNC | NASDAQ | Fluence Energy Inc | 0.54B | 4.18 | 6.91 | 138.89 | 0.00 |
| AMPS | NYSE | Altus Power Inc | 0.80B | 4.96 | -0.11 | 0.00 | 0.00 |
| AQN | NYSE | Algonquin Power & Utilities Corp. Common Shares | 4.16B | 5.42 | 2.76 | 75.43 | 0.06 |
| ELPC | NYSE | Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) | 4.74B | 6.38 | -1.01 | 13.72 | 0.02 |
| RNW | NASDAQ | ReNew Energy Global PLC | 2.36B | 6.51 | 2.69 | 139.37 | 0.00 |
| NFE | NASDAQ | New Fortress Energy Inc | 1.83B | 6.68 | 23.25 | 11.10 | 0.05 |
| EBR.B | NYSE | Centrais Electricas Brasileiras S.A.- Eletrobr?!s American Depositary Shares (Each representing one Preferred Share) | 17.20B | 7.65 | 4.66 | 10.53 | 0.08 |
| EBR | NYSE | Centrais Electricas Brasileiras S A American Depositary Shares (Each representing one Common Share) | 17.33B | 7.71 | 3.36 | 9.66 | 0.03 |
| ELP | NYSE | Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing one Unit consisting one Common Share and four non-voting Class B Preferred Shares) | 6.02B | 8.11 | 2.40 | 15.91 | 0.02 |
| KEP | NYSE | Korea Electric Power Corporation Common Stock | 11.50B | 8.96 | -0.61 | 4.65 | 0.01 |
| TAC | NYSE | TransAlta Corporation Ordinary Shares | 2.82B | 9.45 | -0.22 | 21.14 | 0.02 |
| CEPU | NYSE | Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) | 1.53B | 10.15 | 9.97 | 38.80 | 0.00 |
| GWRS | NASDAQ | Global Water Resources Inc | 0.28B | 10.24 | -0.20 | 43.13 | 0.03 |
| PCYO | NASDAQ | Pure Cycle Corp | 0.25B | 10.29 | -4.55 | 17.05 | 0.00 |
| NEP | NYSE | NextEra Energy Partners LP | 0.98B | 10.53 | 0.39 | 0.00 | 0.00 |
| HE | NYSE | Hawaiian Electric Industries Inc | 1.89B | 10.93 | 0.93 | 9.96 | 0.00 |
| AES | NYSE | The AES Corp | 9.01B | 12.66 | -1.75 | 4.24 | 0.07 |
| ELLO | NYSE | Ellomay Capital Ltd | 0.18B | 14.35 | -2.39 | 42.19 | 0.00 |
| GNE | NYSE | Genie Energy Ltd | 0.41B | 15.08 | -0.07 | 26.16 | 0.02 |
| ENLT | NASDAQ | Enlight Renewable Energy Ltd. - Ordinary Shares | 1.81B | 15.20 | 1.17 | 44.86 | 0.00 |
| PCG | NYSE | PG&E Corp | 38.33B | 17.44 | 3.57 | 15.72 | 0.00 |
| SBS | NYSE | Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) | 13.13B | 19.21 | 2.68 | 8.25 | 0.01 |
| SPH | NYSE | Suburban Propane Partners LP | 1.32B | 20.47 | -0.10 | 19.15 | 0.06 |
| RGCO | NASDAQ | RGC Resources Inc | 0.22B | 21.76 | 0.05 | 17.76 | 0.04 |
| OKLO | NYSE | Oklo Inc | 3.12B | 22.39 | -6.01 | 0.00 | 0.00 |
| BEP | NYSE | Brookfield Renewable Partners L.P. | 6.43B | 22.57 | 0.99 | 0.00 | 0.06 |
| CWCO | NASDAQ | Consolidated Water Co Ltd | 0.38B | 23.60 | -0.26 | 21.09 | 0.02 |
| ARIS | NYSE | Aris Water Solutions Inc | 0.80B | 24.62 | -8.62 | 31.60 | 0.02 |
| CWEN.A | NYSE | Clearway Energy Inc | 3.10B | 26.43 | 3.21 | 36.07 | 0.06 |
| BEPC | NYSE | Brookfield Renewable Corporation Class A Subordinate Voting Shares | 5.02B | 27.95 | -3.78 | 21.35 | 0.05 |
| BIP | NYSE | Brookfield Infrastructure Partners LP Limited Partnership Units | 13.42B | 28.90 | -0.11 | 722.50 | 0.06 |
| CWEN | NYSE | Clearway Energy, Inc. Class C Common Stock | 3.41B | 29.07 | 0.51 | 38.60 | 0.06 |
| KEN | NYSE | Kenon Holdings Ltd | 1.54B | 29.53 | 4.35 | 99.42 | 0.16 |
| UGI | NYSE | UGI Corp | 6.72B | 31.27 | 3.62 | 12.80 | 0.05 |
| ARTNA | NASDAQ | Artesian Resources Corp | 0.33B | 31.70 | 0.58 | 17.34 | 0.03 |
| EDN | NYSE | Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares | 1.40B | 31.87 | -5.91 | 5.91 | 0.00 |
| YORW | NASDAQ | The York Water Co | 0.51B | 35.11 | 0.18 | 24.49 | 0.02 |
| CNP | NYSE | CenterPoint Energy Inc | 23.62B | 36.19 | -0.20 | 25.80 | 0.02 |
| BIPC | NYSE | Brookfield Infrastructure Corporation | 4.32B | 36.28 | -0.42 | 7.43 | 0.05 |
| PPL | NYSE | PPL Corp | 26.82B | 36.29 | 0.64 | 29.94 | 0.03 |
| FE | NYSE | FirstEnergy Corp | 22.17B | 38.41 | 1.20 | 24.91 | 0.04 |
| NI | NYSE | NiSource Inc | 18.50B | 39.32 | 0.77 | 24.35 | 0.03 |
| WTRG | NYSE | Essential Utilities Inc | 11.13B | 40.41 | 1.24 | 18.49 | 0.03 |
| AVA | NYSE | Avista Corp | 3.35B | 41.69 | 0.97 | 17.95 | 0.05 |
| POR | NYSE | Portland General Electric Co | 4.59B | 41.93 | 1.24 | 14.56 | 0.05 |
| OGE | NYSE | OGE Energy Corp | 8.72B | 43.29 | -0.33 | 20.48 | 0.04 |
| NWN | NYSE | Northwest Natural Holding Co | 1.77B | 43.87 | -0.23 | 21.65 | 0.04 |
| EXC | NASDAQ | Exelon Corp | 44.72B | 44.30 | -0.43 | 18.87 | 0.03 |
| NJR | NYSE | New Jersey Resources Corp | 4.78B | 47.62 | 0.30 | 14.80 | 0.04 |
| FTS | NYSE | Fortis Inc. Common Shares | 24.35B | 48.55 | 0.46 | 20.80 | 0.04 |
| CWT | NYSE | California Water Service Group | 3.06B | 51.36 | 1.25 | 15.31 | 0.02 |
| D | NYSE | Dominion Energy Inc | 45.12B | 52.95 | -0.75 | 24.07 | 0.05 |
| SJW | NYSE | SJW Group | 1.89B | 55.23 | 1.96 | 18.74 | 0.03 |
| NWE | NASDAQ | NorthWestern Energy Group Inc | 3.41B | 55.67 | -0.04 | 15.97 | 0.04 |
| EIX | NYSE | Edison International | 21.60B | 56.10 | 1.27 | 17.51 | 0.06 |
| UTL | NYSE | Unitil Corp | 0.96B | 59.27 | 1.27 | 19.95 | 0.03 |
| BKH | NYSE | Black Hills Corp | 4.29B | 59.50 | 1.16 | 15.40 | 0.04 |
| ES | NYSE | Eversource Energy | 22.00B | 59.94 | 1.56 | 25.49 | 0.05 |
| LNT | NASDAQ | Alliant Energy Corp | 15.52B | 60.42 | -1.92 | 22.58 | 0.03 |
| MSEX | NASDAQ | Middlesex Water Co | 1.11B | 62.14 | 0.83 | 24.87 | 0.02 |
| PAM | NYSE | Pampa Energia S.A. | 3.42B | 62.85 | -2.80 | 6.64 | 0.00 |
| ALE | NYSE | ALLETE Inc | 3.78B | 65.19 | -0.16 | 21.03 | 0.04 |
| EVRG | NASDAQ | Evergy Inc | 15.06B | 65.48 | 0.48 | 17.91 | 0.04 |
| NEE | NYSE | NextEra Energy Inc | 140.15B | 68.08 | 0.58 | 24.75 | 0.03 |
| XEL | NASDAQ | Xcel Energy Inc | 39.78B | 68.97 | -1.66 | 20.29 | 0.03 |
| SRE | NYSE | Sempra | 46.16B | 70.80 | 2.45 | 16.90 | 0.03 |
| CMS | NYSE | CMS Energy Corp | 21.40B | 71.55 | 0.59 | 21.36 | 0.03 |
| ORA | NYSE | Ormat Technologies Inc | 4.35B | 71.81 | 1.47 | 35.86 | 0.01 |
| NGG | NYSE | National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares | 70.56B | 72.04 | -0.31 | 26.58 | 0.05 |
| SWX | NYSE | Southwest Gas Holdings Inc | 5.27B | 73.33 | 1.02 | 26.28 | 0.03 |
| OGS | NYSE | ONE Gas Inc | 4.40B | 73.38 | 0.76 | 19.91 | 0.03 |
| XLU | AMEX | SPDR Select Sector Fund - Utilities | 7.33B | 76.92 | -1.60 | 50.10 | 3.13 |
| SR | NYSE | Spire Inc | 4.52B | 77.47 | -0.64 | 19.21 | 0.04 |
| AWR | NYSE | American States Water Co | 3.03B | 78.69 | -0.87 | 24.82 | 0.02 |
| OTTR | NASDAQ | Otter Tail Corp | 3.36B | 80.32 | 0.43 | 10.86 | 0.02 |
| PEG | NYSE | Public Service Enterprise Group Inc | 40.40B | 81.03 | -0.85 | 22.89 | 0.03 |
| ETR | NYSE | Entergy Corp | 36.30B | 84.26 | 1.18 | 34.53 | 0.03 |
| SO | NYSE | Southern Co | 97.39B | 88.52 | -0.26 | 22.66 | 0.03 |
| MGEE | NASDAQ | MGE Energy Inc | 3.30B | 90.32 | -0.49 | 26.98 | 0.02 |
| PNW | NYSE | Pinnacle West Capital Corp | 11.25B | 94.36 | -0.69 | 17.89 | 0.04 |
| AEE | NYSE | Ameren Corp | 26.30B | 97.34 | -1.50 | 22.24 | 0.03 |
| NRG | NYSE | NRG Energy Inc | 20.78B | 102.04 | 3.28 | 21.71 | 0.02 |
| AEP | NASDAQ | American Electric Power Co Inc | 54.70B | 102.44 | -1.67 | 19.13 | 0.03 |
| WEC | NYSE | WEC Energy Group Inc | 34.38B | 107.73 | -1.09 | 22.30 | 0.03 |
| ED | NYSE | Consolidated Edison Inc | 39.59B | 109.92 | 1.50 | 21.08 | 0.03 |
| IDA | NYSE | Idacorp Inc | 6.23B | 115.29 | 0.48 | 21.17 | 0.03 |
| VST | NYSE | Vistra Corp | 42.93B | 126.22 | 1.61 | 18.09 | 0.01 |
| CPK | NYSE | Chesapeake Utilities Corp | 3.07B | 133.57 | 0.61 | 25.13 | 0.02 |
| DTE | NYSE | DTE Energy Co | 27.76B | 133.77 | -1.75 | 19.91 | 0.03 |
| AWK | NYSE | American Water Works Co Inc | 27.86B | 142.84 | 1.22 | 26.71 | 0.02 |
| ATO | NYSE | Atmos Energy Corp | 23.55B | 148.34 | -0.87 | 22.66 | 0.02 |
| CEG | NASDAQ | Constellation Energy Corp | 62.54B | 199.60 | 3.63 | 18.75 | 0.01 |
| TLN | NASDAQ | Talen Energy Corp | 9.26B | 203.41 | 11.39 | 11.97 | 0.00 |
| GEV | NYSE | GE Vernova Inc | 89.57B | 328.16 | -0.13 | 53.51 | 0.00 |
The utility sector includes companies that provide essential services such as electricity, water, and natural gas. Utility industry stocks can be a valuable addition to an investor's portfolio due to their stable earnings and reliable dividends. In this article, we will take a closer look at utility industry stocks and why they may be worth considering for your investment strategy.
Utility companies are known for their stable earnings and consistent cash flows. This is because the services they provide, such as electricity and water, are essential for daily living and are in constant demand regardless of economic conditions. As a result, utility industry stocks are often seen as a safe investment option, especially during times of market volatility.
Utility industry stocks offer several benefits to investors, including:
Although utility industry stocks have their merits, there are also risks to consider, including:
Utility industry stocks can be a solid addition to a diversified portfolio, offering stability, income, and defensive characteristics. However, it's essential to weigh the risks and rewards before investing in this sector. Considering the essential services provided by utility companies and their historical performance during market downturns, utility industry stocks may be worth a closer look for investors seeking stability and income.
A: Utility stocks are often seen as a defensive investment option during market downturns due to their stable earnings and reliable dividends.
A: When investing in utility industry stocks, it's essential to consider regulatory environment, interest rates, competition, and the company's financial health and growth prospects.
A: Many utility companies pay out a portion of their profits as dividends, making them a popular choice for income-seeking investors.