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 | 0.14B | 0.94 | -6.19 | 0.00 | 0.00 |
| CIG | NYSE | Comp En De Mn Cemig ADS American Depositary Shares | 5.32B | 1.86 | -2.11 | 4.99 | 0.07 |
| MNTK | NASDAQ | Montauk Renewables Inc | 0.32B | 2.22 | -10.92 | 31.29 | 0.00 |
| CIG.C | NYSE | Comp En De Mn Cemig ADS American Depositary Receipts | 7.15B | 2.50 | -4.95 | 6.88 | 0.05 |
| ENIC | NYSE | Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock) | 4.77B | 3.45 | -0.29 | 29.01 | 0.08 |
| CDZI | NASDAQ | Cadiz Inc | 0.29B | 3.49 | 1.46 | 0.00 | 0.00 |
| SUUN | NASDAQ | SolarBank Corporation - Common Stock | 0.12B | 3.75 | -6.02 | 33.00 | 0.00 |
| AQN | NYSE | Algonquin Power & Utilities Corp. Common Shares | 3.68B | 4.79 | -0.63 | 73.00 | 0.07 |
| AMPS | NYSE | Altus Power Inc | 0.79B | 4.94 | 0.21 | 493.00 | 0.00 |
| FLNC | NASDAQ | Fluence Energy Inc | 0.67B | 5.19 | -9.27 | 67.11 | 0.00 |
| RNW | NASDAQ | ReNew Energy Global PLC | 2.24B | 6.17 | 0.58 | 133.28 | 0.00 |
| ELPC | NYSE | Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) | 4.89B | 6.58 | -1.20 | 11.89 | 0.02 |
| 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) | 5.15B | 6.94 | -0.86 | 13.25 | 0.02 |
| EBR | NYSE | Centrais Electricas Brasileiras S A American Depositary Shares (Each representing one Common Share) | 15.89B | 7.07 | 3.14 | 9.19 | 0.03 |
| KEP | NYSE | Korea Electric Power Corporation Common Stock | 10.25B | 7.98 | -2.45 | 4.07 | 0.00 |
| EBR.B | NYSE | Centrais Electricas Brasileiras S.A.- Eletrobr?!s American Depositary Shares (Each representing one Preferred Share) | 17.98B | 8.00 | -0.25 | 9.83 | 0.08 |
| TAC | NYSE | TransAlta Corporation Ordinary Shares | 2.93B | 9.83 | 1.34 | 23.64 | 0.02 |
| NFE | NASDAQ | New Fortress Energy Inc | 2.84B | 10.39 | 1.27 | 11.08 | 0.03 |
| HE | NYSE | Hawaiian Electric Industries Inc | 1.80B | 10.46 | -0.10 | 9.78 | 0.00 |
| PCYO | NASDAQ | Pure Cycle Corp | 0.25B | 10.51 | -1.13 | 19.38 | 0.00 |
| NEP | NYSE | NextEra Energy Partners LP | 0.98B | 10.53 | 0.39 | 0.00 | 0.00 |
| GWRS | NASDAQ | Global Water Resources Inc | 0.28B | 11.53 | 0.00 | 46.38 | 0.03 |
| CEPU | NYSE | Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) | 1.84B | 12.26 | 0.41 | 40.67 | 0.00 |
| AES | NYSE | The AES Corp | 9.20B | 12.92 | -1.00 | 5.51 | 0.05 |
| GNE | NYSE | Genie Energy Ltd | 0.40B | 14.79 | -0.14 | 25.98 | 0.02 |
| PCG | NYSE | PG&E Corp | 34.94B | 15.93 | -0.50 | 14.68 | 0.00 |
| ELLO | NYSE | Ellomay Capital Ltd | 0.20B | 15.95 | 2.31 | 41.35 | 0.00 |
| ENLT | NASDAQ | Enlight Renewable Energy Ltd. - Ordinary Shares | 1.94B | 16.29 | -4.10 | 44.94 | 0.00 |
| SBS | NYSE | Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) | 11.37B | 16.64 | 1.16 | 14.66 | 0.02 |
| RGCO | NASDAQ | RGC Resources Inc | 0.21B | 20.05 | 2.14 | 18.33 | 0.04 |
| SPH | NYSE | Suburban Propane Partners LP | 1.34B | 20.83 | -0.15 | 19.59 | 0.06 |
| BEP | NYSE | Brookfield Renewable Partners L.P. | 6.18B | 21.68 | -3.69 | 0.00 | 0.06 |
| CWEN.A | NYSE | Clearway Energy Inc | 3.03B | 25.81 | 2.63 | 37.25 | 0.06 |
| CWEN | NYSE | Clearway Energy, Inc. Class C Common Stock | 3.17B | 26.95 | -1.03 | 39.87 | 0.06 |
| CWCO | NASDAQ | Consolidated Water Co Ltd | 0.43B | 27.12 | -1.74 | 23.67 | 0.02 |
| OKLO | NYSE | Oklo Inc | 3.72B | 27.16 | -2.20 | 0.00 | 0.00 |
| BEPC | NYSE | Brookfield Renewable Corporation Class A Subordinate Voting Shares | 5.21B | 28.98 | 0.91 | 22.36 | 0.05 |
| BIP | NYSE | Brookfield Infrastructure Partners LP Limited Partnership Units | 14.32B | 31.01 | -2.24 | 718.00 | 0.06 |
| ARTNA | NASDAQ | Artesian Resources Corp | 0.32B | 31.36 | -0.26 | 15.81 | 0.04 |
| KEN | NYSE | Kenon Holdings Ltd | 1.65B | 31.67 | -1.10 | 10.04 | 0.12 |
| ARIS | NYSE | Aris Water Solutions Inc | 0.99B | 31.90 | -0.41 | 39.38 | 0.01 |
| EDN | NYSE | Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares | 1.43B | 32.66 | 2.64 | 5.69 | 0.00 |
| UGI | NYSE | UGI Corp | 7.19B | 33.45 | 0.91 | 13.02 | 0.05 |
| YORW | NASDAQ | The York Water Co | 0.48B | 33.56 | 0.42 | 23.56 | 0.03 |
| PPL | NYSE | PPL Corp | 25.50B | 34.54 | -0.52 | 28.97 | 0.03 |
| CNP | NYSE | CenterPoint Energy Inc | 23.35B | 35.77 | -0.53 | 22.64 | 0.02 |
| BIPC | NYSE | Brookfield Infrastructure Corporation | 4.29B | 36.05 | 1.50 | 12.01 | 0.05 |
| WTRG | NYSE | Essential Utilities Inc | 10.58B | 38.49 | -0.68 | 17.75 | 0.03 |
| FE | NYSE | FirstEnergy Corp | 22.81B | 39.56 | -0.86 | 23.27 | 0.04 |
| AVA | NYSE | Avista Corp | 3.19B | 39.80 | -0.31 | 17.34 | 0.05 |
| NI | NYSE | NiSource Inc | 18.79B | 39.99 | 0.38 | 24.22 | 0.03 |
| NWN | NYSE | Northwest Natural Holding Co | 1.69B | 41.93 | 2.57 | 20.33 | 0.05 |
| POR | NYSE | Portland General Electric Co | 4.85B | 44.30 | 0.07 | 14.53 | 0.05 |
| EXC | NASDAQ | Exelon Corp | 45.02B | 44.59 | 0.34 | 17.88 | 0.04 |
| OGE | NYSE | OGE Energy Corp | 9.01B | 44.78 | -1.08 | 20.53 | 0.04 |
| FTS | NYSE | Fortis Inc. Common Shares | 22.42B | 44.90 | 0.12 | 19.89 | 0.04 |
| CWT | NYSE | California Water Service Group | 2.79B | 46.97 | 1.91 | 14.18 | 0.02 |
| NJR | NYSE | New Jersey Resources Corp | 4.90B | 48.86 | -0.66 | 14.60 | 0.04 |
| MSEX | NASDAQ | Middlesex Water Co | 0.91B | 50.96 | 0.46 | 24.28 | 0.02 |
| SJW | NYSE | SJW Group | 1.83B | 54.25 | 3.32 | 17.91 | 0.03 |
| NWE | NASDAQ | NorthWestern Energy Group Inc | 3.41B | 55.54 | -1.15 | 15.16 | 0.05 |
| D | NYSE | Dominion Energy Inc | 48.46B | 56.87 | 0.45 | 24.80 | 0.05 |
| UTL | NYSE | Unitil Corp | 0.93B | 57.27 | 1.24 | 18.89 | 0.03 |
| EIX | NYSE | Edison International | 22.60B | 58.70 | -0.45 | 17.57 | 0.05 |
| LNT | NASDAQ | Alliant Energy Corp | 15.39B | 59.95 | -0.60 | 23.44 | 0.03 |
| BKH | NYSE | Black Hills Corp | 4.37B | 60.62 | 0.22 | 15.15 | 0.04 |
| ES | NYSE | Eversource Energy | 22.56B | 61.50 | -0.65 | 26.84 | 0.05 |
| NGG | NYSE | National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares | 60.39B | 61.72 | -0.66 | 24.02 | 0.06 |
| ALE | NYSE | ALLETE Inc | 3.80B | 65.71 | 0.03 | 21.19 | 0.04 |
| EVRG | NASDAQ | Evergy Inc | 15.51B | 67.45 | -0.77 | 17.80 | 0.04 |
| ORA | NYSE | Ormat Technologies Inc | 4.15B | 68.62 | -0.03 | 35.12 | 0.01 |
| XEL | NASDAQ | Xcel Energy Inc | 40.30B | 70.15 | 1.19 | 20.09 | 0.03 |
| SRE | NYSE | Sempra | 46.31B | 71.09 | 0.49 | 15.73 | 0.04 |
| CMS | NYSE | CMS Energy Corp | 21.98B | 73.50 | -0.26 | 22.07 | 0.03 |
| SWX | NYSE | Southwest Gas Holdings Inc | 5.30B | 73.71 | -2.19 | 27.22 | 0.03 |
| OGS | NYSE | ONE Gas Inc | 4.42B | 73.88 | -1.17 | 18.69 | 0.04 |
| NEE | NYSE | NextEra Energy Inc | 152.28B | 74.03 | -2.80 | 21.03 | 0.03 |
| SR | NYSE | Spire Inc | 4.50B | 77.20 | 0.45 | 19.05 | 0.04 |
| AWR | NYSE | American States Water Co | 2.98B | 78.13 | 2.08 | 23.80 | 0.02 |
| XLU | AMEX | SPDR Select Sector Fund - Utilities | 7.33B | 78.65 | -0.70 | 50.10 | 3.13 |
| PAM | NYSE | Pampa Energia S.A. | 4.30B | 79.02 | 4.11 | 7.16 | 0.00 |
| OTTR | NASDAQ | Otter Tail Corp | 3.33B | 79.54 | -1.67 | 11.29 | 0.02 |
| PEG | NYSE | Public Service Enterprise Group Inc | 40.76B | 81.76 | 0.76 | 23.44 | 0.03 |
| ETR | NYSE | Entergy Corp | 35.54B | 82.50 | -0.17 | 34.24 | 0.03 |
| SO | NYSE | Southern Co | 97.09B | 88.52 | -0.26 | 22.40 | 0.03 |
| PNW | NYSE | Pinnacle West Capital Corp | 10.91B | 91.64 | -1.64 | 17.89 | 0.04 |
| MGEE | NASDAQ | MGE Energy Inc | 3.43B | 93.83 | -0.32 | 27.43 | 0.02 |
| ED | NYSE | Consolidated Edison Inc | 34.94B | 98.95 | 3.34 | 20.57 | 0.03 |
| AEE | NYSE | Ameren Corp | 26.95B | 99.85 | -0.88 | 22.38 | 0.03 |
| AEP | NASDAQ | American Electric Power Co Inc | 56.57B | 105.99 | 0.13 | 18.84 | 0.03 |
| WEC | NYSE | WEC Energy Group Inc | 34.43B | 108.36 | 1.57 | 22.11 | 0.03 |
| NRG | NYSE | NRG Energy Inc | 23.08B | 113.33 | 10.64 | 20.17 | 0.02 |
| IDA | NYSE | Idacorp Inc | 6.17B | 114.24 | -1.71 | 20.77 | 0.03 |
| DUK | NYSE | Duke Energy Corp | 92.21B | 118.67 | 1.01 | 20.89 | 0.03 |
| CPK | NYSE | Chesapeake Utilities Corp | 2.89B | 125.91 | 0.71 | 23.59 | 0.02 |
| VST | NYSE | Vistra Corp | 43.03B | 126.50 | -5.36 | 18.65 | 0.01 |
| DTE | NYSE | DTE Energy Co | 28.09B | 135.36 | -0.18 | 20.25 | 0.03 |
| AWK | NYSE | American Water Works Co Inc | 27.65B | 141.81 | -0.17 | 26.18 | 0.02 |
| ATO | NYSE | Atmos Energy Corp | 23.90B | 150.56 | -0.61 | 21.29 | 0.02 |
| TLN | NASDAQ | Talen Energy Corp | 9.69B | 212.99 | 1.28 | 12.16 | 0.00 |
| CEG | NASDAQ | Constellation Energy Corp | 82.98B | 264.85 | -1.08 | 18.71 | 0.01 |
| GEV | NYSE | GE Vernova Inc | 93.86B | 340.21 | 7.09 | 59.83 | 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.