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 | 0.13B | 0.86 | -0.52 | 0.00 | 0.00 |
| CIG | NYSE | Comp En De Mn Cemig ADS American Depositary Shares | 5.61B | 1.96 | 4.70 | 4.39 | 0.11 |
| NFE | NASDAQ | New Fortress Energy Inc | 0.62B | 2.26 | -3.64 | 11.17 | 0.06 |
| MNTK | NASDAQ | Montauk Renewables Inc | 0.33B | 2.29 | -0.87 | 37.00 | 0.00 |
| CIG.C | NYSE | Comp En De Mn Cemig ADS American Depositary Receipts | 8.27B | 2.89 | -4.62 | 6.18 | 0.08 |
| CDZI | NASDAQ | Cadiz Inc | 0.24B | 2.89 | -3.52 | 12.45 | 0.00 |
| ENIC | NYSE | Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock) | 4.99B | 3.61 | -1.10 | 31.57 | 0.01 |
| FLNC | NASDAQ | Fluence Energy Inc | 0.62B | 4.77 | 3.25 | 74.63 | 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 | 4.35B | 5.67 | -1.22 | 20.46 | 0.05 |
| RNW | NASDAQ | ReNew Energy Global PLC | 2.52B | 6.96 | 3.50 | 54.63 | 0.00 |
| EBR | NYSE | Centrais Electricas Brasileiras S A American Depositary Shares (Each representing one Common Share) | 16.34B | 7.27 | 1.40 | 9.70 | 0.02 |
| EBR.B | NYSE | Centrais Electricas Brasileiras S.A.- Eletrobr?!s American Depositary Shares (Each representing one Preferred Share) | 17.78B | 7.91 | -2.47 | 10.80 | 0.04 |
| ELPC | NYSE | Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) | 6.21B | 8.36 | 0.97 | 14.79 | 0.05 |
| 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) | 6.65B | 8.96 | 0.51 | 15.85 | 0.05 |
| AES | NYSE | The AES Corp | 7.27B | 10.21 | -1.95 | 5.72 | 0.07 |
| GWRS | NASDAQ | Global Water Resources Inc | 0.29B | 10.44 | 0.78 | 44.30 | 0.03 |
| PCYO | NASDAQ | Pure Cycle Corp | 0.25B | 10.44 | 1.96 | 18.27 | 0.00 |
| NEP | NYSE | NextEra Energy Partners LP | 0.98B | 10.53 | 0.39 | 0.00 | 0.00 |
| KEP | NYSE | Korea Electric Power Corporation Common Stock | 13.74B | 10.70 | 3.19 | 4.75 | 0.01 |
| HE | NYSE | Hawaiian Electric Industries Inc | 1.86B | 10.80 | 0.10 | 10.53 | 0.00 |
| TAC | NYSE | TransAlta Corporation Ordinary Shares | 3.26B | 11.01 | 0.10 | 739.87 | 0.02 |
| CEPU | NYSE | Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) | 1.75B | 11.55 | -3.51 | 15.54 | 0.00 |
| PCG | NYSE | PG&E Corp | 29.78B | 13.55 | -0.37 | 12.79 | 0.01 |
| ELLO | NYSE | Ellomay Capital Ltd | 0.19B | 14.78 | -5.20 | 27.43 | 0.00 |
| SPH | NYSE | Suburban Propane Partners LP | 1.23B | 18.93 | 1.18 | 12.78 | 0.07 |
| SBS | NYSE | Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) | 14.44B | 21.13 | 0.53 | 8.59 | 0.03 |
| RGCO | NASDAQ | RGC Resources Inc | 0.23B | 22.18 | 9.05 | 17.50 | 0.04 |
| ARIS | NYSE | Aris Water Solutions Inc | 0.75B | 23.06 | -1.08 | 28.49 | 0.02 |
| ENLT | NASDAQ | Enlight Renewable Energy Ltd. - Ordinary Shares | 2.80B | 23.41 | 2.92 | 23.46 | 0.00 |
| BEP | NYSE | Brookfield Renewable Partners L.P. | 6.80B | 23.92 | 0.31 | 0.00 | 0.06 |
| EDN | NYSE | Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares | 1.16B | 26.51 | -0.14 | 7.08 | 0.00 |
| GNE | NYSE | Genie Energy Ltd | 0.75B | 27.87 | 2.24 | 40.73 | 0.01 |
| CWEN.A | NYSE | Clearway Energy Inc | 3.51B | 29.79 | -1.62 | 37.83 | 0.06 |
| CWCO | NASDAQ | Consolidated Water Co Ltd | 0.48B | 30.14 | 2.07 | 30.03 | 0.01 |
| CWEN | NYSE | Clearway Energy, Inc. Class C Common Stock | 3.79B | 32.18 | 0.57 | 40.00 | 0.05 |
| YORW | NASDAQ | The York Water Co | 0.47B | 32.48 | 2.80 | 23.06 | 0.03 |
| BEPC | NYSE | Brookfield Renewable Corporation Class A Subordinate Voting Shares | 5.87B | 32.69 | 2.00 | 12.28 | 0.04 |
| ARTNA | NASDAQ | Artesian Resources Corp | 0.34B | 33.30 | -1.60 | 16.12 | 0.04 |
| PPL | NYSE | PPL Corp | 24.78B | 33.52 | -0.80 | 25.29 | 0.03 |
| BIP | NYSE | Brookfield Infrastructure Partners LP Limited Partnership Units | 15.61B | 33.61 | 0.11 | 567.52 | 0.05 |
| UGI | NYSE | UGI Corp | 7.66B | 35.71 | -2.14 | 14.99 | 0.04 |
| CNP | NYSE | CenterPoint Energy Inc | 23.88B | 36.58 | 0.78 | 24.82 | 0.02 |
| OKLO | NYSE | Oklo Inc | 5.56B | 37.72 | 0.83 | 0.00 | 0.00 |
| AVA | NYSE | Avista Corp | 3.10B | 38.48 | 1.40 | 16.08 | 0.05 |
| WTRG | NYSE | Essential Utilities Inc | 10.94B | 39.04 | -0.69 | 16.65 | 0.04 |
| NI | NYSE | NiSource Inc | 18.57B | 39.46 | -0.33 | 21.81 | 0.03 |
| FE | NYSE | FirstEnergy Corp | 23.38B | 40.51 | 0.48 | 21.41 | 0.04 |
| NWN | NYSE | Northwest Natural Holding Co | 1.64B | 40.72 | -0.61 | 15.76 | 0.05 |
| BIPC | NYSE | Brookfield Infrastructure Corporation | 4.96B | 41.69 | 0.68 | 5.81 | 0.04 |
| POR | NYSE | Portland General Electric Co | 4.59B | 41.93 | 1.24 | 14.31 | 0.05 |
| EXC | NASDAQ | Exelon Corp | 43.08B | 42.67 | -1.00 | 16.14 | 0.04 |
| KEN | NYSE | Kenon Holdings Ltd | 1.88B | 42.90 | 3.25 | 109.34 | 0.12 |
| OGE | NYSE | OGE Energy Corp | 8.86B | 43.99 | 0.55 | 18.41 | 0.04 |
| NJR | NYSE | New Jersey Resources Corp | 4.51B | 44.96 | 1.27 | 10.88 | 0.04 |
| CWT | NYSE | California Water Service Group | 2.73B | 45.89 | -0.33 | 20.12 | 0.03 |
| FTS | NYSE | Fortis Inc. Common Shares | 23.66B | 47.17 | 1.22 | 19.78 | 0.04 |
| EIX | NYSE | Edison International | 19.61B | 50.97 | 0.32 | 7.30 | 0.06 |
| NWE | NASDAQ | NorthWestern Energy Group Inc | 3.14B | 51.17 | 0.73 | 13.36 | 0.05 |
| UTL | NYSE | Unitil Corp | 0.84B | 51.78 | -0.71 | 17.84 | 0.03 |
| MSEX | NASDAQ | Middlesex Water Co | 0.98B | 54.51 | -0.04 | 22.46 | 0.02 |
| D | NYSE | Dominion Energy Inc | 47.72B | 55.96 | 0.17 | 21.82 | 0.05 |
| SJW | NYSE | SJW Group | 1.94B | 56.80 | 6.15 | 0.00 | 0.00 |
| BKH | NYSE | Black Hills Corp | 4.12B | 56.82 | -0.32 | 14.38 | 0.05 |
| LNT | NASDAQ | Alliant Energy Corp | 15.44B | 60.11 | 0.04 | 20.86 | 0.03 |
| ES | NYSE | Eversource Energy | 23.45B | 63.84 | 0.75 | 27.90 | 0.05 |
| ALE | NYSE | ALLETE Inc | 3.78B | 65.25 | 0.16 | 20.08 | 0.04 |
| XEL | NASDAQ | Xcel Energy Inc | 39.28B | 68.10 | 0.48 | 20.03 | 0.03 |
| EVRG | NASDAQ | Evergy Inc | 15.75B | 68.46 | 0.40 | 18.14 | 0.04 |
| CMS | NYSE | CMS Energy Corp | 20.69B | 69.16 | 0.86 | 20.50 | 0.03 |
| NEE | NYSE | NextEra Energy Inc | 145.61B | 70.73 | -1.12 | 26.00 | 0.03 |
| SWX | NYSE | Southwest Gas Holdings Inc | 5.43B | 72.57 | 1.18 | 23.84 | 0.03 |
| PAM | NYSE | Pampa Energia S.A. | 3.95B | 72.66 | 2.89 | 7.68 | 0.00 |
| OGS | NYSE | ONE Gas Inc | 4.41B | 73.64 | -0.02 | 17.36 | 0.04 |
| NGG | NYSE | National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares | 72.75B | 74.21 | 0.94 | 18.13 | 0.04 |
| SR | NYSE | Spire Inc | 4.40B | 74.63 | -0.87 | 18.67 | 0.04 |
| SRE | NYSE | Sempra | 49.62B | 76.09 | 0.40 | 16.65 | 0.03 |
| AWR | NYSE | American States Water Co | 2.95B | 76.49 | 0.11 | 23.59 | 0.02 |
| OTTR | NASDAQ | Otter Tail Corp | 3.27B | 78.09 | 2.03 | 10.98 | 0.03 |
| XLU | AMEX | SPDR Select Sector Fund - Utilities | 7.33B | 81.23 | 1.25 | 50.10 | 3.13 |
| ETR | NYSE | Entergy Corp | 36.67B | 82.15 | -0.08 | 26.90 | 0.03 |
| PEG | NYSE | Public Service Enterprise Group Inc | 41.83B | 83.82 | 0.36 | 23.00 | 0.03 |
| ORA | NYSE | Ormat Technologies Inc | 5.14B | 84.76 | 1.20 | 40.66 | 0.01 |
| MGEE | NASDAQ | MGE Energy Inc | 3.26B | 89.20 | 1.29 | 24.96 | 0.02 |
| PNW | NYSE | Pinnacle West Capital Corp | 10.65B | 89.21 | -0.51 | 17.72 | 0.04 |
| SO | NYSE | Southern Co | 98.75B | 89.76 | 0.24 | 22.02 | 0.03 |
| AEE | NYSE | Ameren Corp | 25.97B | 95.80 | 1.18 | 21.29 | 0.03 |
| ED | NYSE | Consolidated Edison Inc | 35.33B | 98.05 | -0.37 | 18.55 | 0.03 |
| AEP | NASDAQ | American Electric Power Co Inc | 54.99B | 102.94 | 1.17 | 20.03 | 0.04 |
| WEC | NYSE | WEC Energy Group Inc | 32.95B | 103.26 | 0.13 | 20.31 | 0.03 |
| IDA | NYSE | Idacorp Inc | 6.18B | 114.45 | 0.83 | 20.43 | 0.03 |
| CPK | NYSE | Chesapeake Utilities Corp | 2.81B | 120.27 | -0.02 | 22.26 | 0.02 |
| DTE | NYSE | DTE Energy Co | 27.31B | 131.62 | 0.05 | 17.90 | 0.03 |
| AWK | NYSE | American Water Works Co Inc | 27.31B | 140.05 | -1.50 | 25.34 | 0.02 |
| NRG | NYSE | NRG Energy Inc | 29.14B | 149.07 | 0.27 | 25.53 | 0.01 |
| ATO | NYSE | Atmos Energy Corp | 24.84B | 156.37 | 1.83 | 21.52 | 0.02 |
| VST | NYSE | Vistra Corp | 56.65B | 166.94 | 3.97 | 30.71 | 0.00 |
| TLN | NASDAQ | Talen Energy Corp | 13.33B | 293.00 | -0.40 | 29.38 | 0.00 |
| CEG | NASDAQ | Constellation Energy Corp | 96.51B | 307.92 | -4.60 | 34.01 | 0.00 |
| GEV | NYSE | GE Vernova Inc | 133.07B | 487.54 | -0.23 | 76.03 | 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.