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 | 5.38B | 1.88 | 0.00 | 4.41 | 0.06 |
| MNTK | NASDAQ | Montauk Renewables Inc | 0.33B | 2.33 | 4.02 | 33.29 | 0.00 |
| CDZI | NASDAQ | Cadiz Inc | 0.21B | 2.54 | 7.18 | 10.75 | 0.00 |
| CIG.C | NYSE | Comp En De Mn Cemig ADS American Depositary Receipts | 7.58B | 2.65 | 4.00 | 5.97 | 0.05 |
| ENIC | NYSE | Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock) | 4.27B | 3.09 | 1.32 | 34.43 | 0.07 |
| FLNC | NASDAQ | Fluence Energy Inc | 0.56B | 4.26 | -1.85 | 2,500.00 | 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 | 4.19B | 5.46 | 0.00 | 78.00 | 0.06 |
| RNW | NASDAQ | ReNew Energy Global PLC | 2.31B | 6.37 | -0.16 | 136.52 | 0.00 |
| ELPC | NYSE | Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) | 4.74B | 6.38 | -1.01 | 14.79 | 0.03 |
| NFE | NASDAQ | New Fortress Energy Inc | 1.83B | 6.68 | 23.25 | 11.14 | 0.03 |
| EBR.B | NYSE | Centrais Electricas Brasileiras S.A.- Eletrobr?!s American Depositary Shares (Each representing one Preferred Share) | 17.21B | 7.65 | 4.66 | 10.69 | 0.04 |
| EBR | NYSE | Centrais Electricas Brasileiras S A American Depositary Shares (Each representing one Common Share) | 17.34B | 7.71 | 3.36 | 9.72 | 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) | 5.97B | 8.04 | -0.87 | 15.96 | 0.03 |
| TAC | NYSE | TransAlta Corporation Ordinary Shares | 2.53B | 8.52 | -5.96 | 588.71 | 0.02 |
| KEP | NYSE | Korea Electric Power Corporation Common Stock | 11.61B | 9.04 | -0.55 | 4.75 | 0.01 |
| CEPU | NYSE | Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) | 1.53B | 10.15 | 9.97 | 39.39 | 0.00 |
| PCYO | NASDAQ | Pure Cycle Corp | 0.25B | 10.29 | -4.55 | 17.69 | 0.00 |
| AES | NYSE | The AES Corp | 7.39B | 10.38 | 1.13 | 5.88 | 0.06 |
| HE | NYSE | Hawaiian Electric Industries Inc | 1.79B | 10.39 | 0.49 | 10.32 | 0.00 |
| GWRS | NASDAQ | Global Water Resources Inc | 0.29B | 10.43 | -0.67 | 43.46 | 0.03 |
| NEP | NYSE | NextEra Energy Partners LP | 0.98B | 10.53 | 0.39 | 0.00 | 0.00 |
| ELLO | NYSE | Ellomay Capital Ltd | 0.19B | 14.91 | 2.48 | 41.65 | 0.00 |
| ENLT | NASDAQ | Enlight Renewable Energy Ltd. - Ordinary Shares | 1.81B | 15.20 | 1.17 | 18.43 | 0.00 |
| GNE | NYSE | Genie Energy Ltd | 0.43B | 16.07 | 0.50 | 24.47 | 0.02 |
| PCG | NYSE | PG&E Corp | 38.13B | 17.35 | 0.41 | 15.76 | 0.00 |
| SPH | NYSE | Suburban Propane Partners LP | 1.29B | 19.97 | -1.48 | 17.80 | 0.07 |
| SBS | NYSE | Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) | 13.87B | 20.29 | -0.05 | 8.37 | 0.03 |
| RGCO | NASDAQ | RGC Resources Inc | 0.22B | 21.57 | 2.72 | 18.43 | 0.04 |
| ARIS | NYSE | Aris Water Solutions Inc | 0.71B | 21.69 | 4.23 | 25.69 | 0.02 |
| BEP | NYSE | Brookfield Renewable Partners L.P. | 6.34B | 22.31 | -2.28 | 0.00 | 0.06 |
| CWCO | NASDAQ | Consolidated Water Co Ltd | 0.38B | 23.60 | -0.26 | 20.84 | 0.02 |
| OKLO | NYSE | Oklo Inc | 3.51B | 26.30 | -2.43 | 0.00 | 0.00 |
| CWEN.A | NYSE | Clearway Energy Inc | 3.28B | 27.82 | 1.24 | 33.75 | 0.06 |
| BEPC | NYSE | Brookfield Renewable Corporation Class A Subordinate Voting Shares | 5.02B | 27.96 | 1.09 | 10.75 | 0.05 |
| CWEN | NYSE | Clearway Energy, Inc. Class C Common Stock | 3.38B | 28.67 | 0.11 | 35.93 | 0.06 |
| EDN | NYSE | Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares | 1.29B | 29.57 | -2.19 | 5.81 | 0.00 |
| KEN | NYSE | Kenon Holdings Ltd | 1.60B | 30.68 | 3.27 | 100.32 | 0.15 |
| BIP | NYSE | Brookfield Infrastructure Partners LP Limited Partnership Units | 14.38B | 30.97 | 2.86 | 49.02 | 0.05 |
| UGI | NYSE | UGI Corp | 6.72B | 31.27 | 3.62 | 13.70 | 0.04 |
| ARTNA | NASDAQ | Artesian Resources Corp | 0.35B | 34.35 | 0.27 | 16.57 | 0.03 |
| YORW | NASDAQ | The York Water Co | 0.50B | 34.61 | 0.09 | 23.86 | 0.03 |
| CNP | NYSE | CenterPoint Energy Inc | 23.62B | 36.19 | -0.20 | 25.64 | 0.02 |
| PPL | NYSE | PPL Corp | 26.86B | 36.33 | 0.59 | 26.58 | 0.03 |
| BIPC | NYSE | Brookfield Infrastructure Corporation | 4.59B | 38.59 | 1.45 | 6.69 | 0.04 |
| NI | NYSE | NiSource Inc | 18.41B | 39.11 | -0.84 | 21.41 | 0.03 |
| WTRG | NYSE | Essential Utilities Inc | 11.30B | 41.00 | -0.95 | 18.71 | 0.03 |
| AVA | NYSE | Avista Corp | 3.36B | 41.69 | 0.97 | 17.16 | 0.05 |
| POR | NYSE | Portland General Electric Co | 4.59B | 41.93 | 1.24 | 14.90 | 0.05 |
| FE | NYSE | FirstEnergy Corp | 24.79B | 42.95 | 0.53 | 22.60 | 0.04 |
| OGE | NYSE | OGE Energy Corp | 8.72B | 43.29 | -0.33 | 18.40 | 0.04 |
| NWN | NYSE | Northwest Natural Holding Co | 1.76B | 43.55 | 0.81 | 17.29 | 0.04 |
| EXC | NASDAQ | Exelon Corp | 44.72B | 44.30 | -0.43 | 16.77 | 0.03 |
| NJR | NYSE | New Jersey Resources Corp | 4.78B | 47.62 | 0.30 | 11.65 | 0.04 |
| FTS | NYSE | Fortis Inc. Common Shares | 24.57B | 48.98 | -1.07 | 20.18 | 0.04 |
| CWT | NYSE | California Water Service Group | 3.01B | 50.47 | 1.86 | 21.47 | 0.02 |
| D | NYSE | Dominion Energy Inc | 46.90B | 55.00 | 0.31 | 21.24 | 0.05 |
| NWE | NASDAQ | NorthWestern Energy Group Inc | 3.42B | 55.67 | -0.04 | 14.85 | 0.05 |
| EIX | NYSE | Edison International | 21.59B | 56.10 | 1.27 | 7.94 | 0.06 |
| SJW | NYSE | SJW Group | 1.94B | 56.80 | 6.15 | 0.00 | 0.00 |
| UTL | NYSE | Unitil Corp | 0.96B | 58.96 | 0.45 | 19.66 | 0.03 |
| LNT | NASDAQ | Alliant Energy Corp | 15.52B | 60.42 | -1.92 | 22.72 | 0.03 |
| BKH | NYSE | Black Hills Corp | 4.45B | 61.74 | 0.39 | 15.09 | 0.04 |
| MSEX | NASDAQ | Middlesex Water Co | 1.11B | 62.14 | 0.83 | 24.91 | 0.02 |
| ES | NYSE | Eversource Energy | 22.99B | 62.58 | 5.69 | 27.50 | 0.05 |
| ALE | NYSE | ALLETE Inc | 3.79B | 65.47 | 0.34 | 21.13 | 0.04 |
| EVRG | NASDAQ | Evergy Inc | 15.06B | 65.48 | 0.48 | 17.56 | 0.04 |
| NEE | NYSE | NextEra Energy Inc | 136.98B | 66.54 | 0.67 | 25.59 | 0.03 |
| XEL | NASDAQ | Xcel Energy Inc | 40.13B | 69.58 | 0.85 | 20.64 | 0.03 |
| PAM | NYSE | Pampa Energia S.A. | 3.81B | 70.10 | -1.89 | 6.29 | 0.00 |
| CMS | NYSE | CMS Energy Corp | 21.40B | 71.55 | 0.59 | 21.48 | 0.03 |
| NGG | NYSE | National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares | 70.26B | 71.68 | 0.05 | 25.72 | 0.05 |
| SWX | NYSE | Southwest Gas Holdings Inc | 5.25B | 73.04 | 1.15 | 27.52 | 0.03 |
| ORA | NYSE | Ormat Technologies Inc | 4.46B | 73.53 | 0.42 | 36.33 | 0.01 |
| OTTR | NASDAQ | Otter Tail Corp | 3.16B | 75.50 | -6.81 | 10.92 | 0.03 |
| SRE | NYSE | Sempra | 49.45B | 75.86 | 1.06 | 17.14 | 0.03 |
| SR | NYSE | Spire Inc | 4.49B | 76.04 | -0.58 | 19.19 | 0.04 |
| PEG | NYSE | Public Service Enterprise Group Inc | 39.66B | 79.48 | 1.05 | 21.72 | 0.03 |
| AWR | NYSE | American States Water Co | 3.08B | 80.04 | -0.30 | 24.71 | 0.02 |
| XLU | AMEX | SPDR Select Sector Fund - Utilities | 7.33B | 80.61 | 1.34 | 50.10 | 3.13 |
| OGS | NYSE | ONE Gas Inc | 4.88B | 81.38 | 0.64 | 19.25 | 0.03 |
| ETR | NYSE | Entergy Corp | 36.30B | 84.26 | 1.18 | 26.96 | 0.03 |
| MGEE | NASDAQ | MGE Energy Inc | 3.27B | 89.41 | -2.26 | 25.51 | 0.02 |
| SO | NYSE | Southern Co | 100.70B | 91.53 | -0.40 | 21.66 | 0.03 |
| PNW | NYSE | Pinnacle West Capital Corp | 11.36B | 95.18 | -0.12 | 18.22 | 0.04 |
| AEE | NYSE | Ameren Corp | 26.31B | 97.34 | -1.50 | 21.66 | 0.03 |
| NRG | NYSE | NRG Energy Inc | 20.78B | 102.04 | 3.28 | 24.12 | 0.01 |
| AEP | NASDAQ | American Electric Power Co Inc | 57.61B | 107.84 | 0.38 | 20.31 | 0.03 |
| WEC | NYSE | WEC Energy Group Inc | 34.66B | 108.62 | -0.16 | 21.04 | 0.03 |
| ED | NYSE | Consolidated Edison Inc | 39.60B | 109.92 | 1.50 | 19.92 | 0.03 |
| IDA | NYSE | Idacorp Inc | 6.16B | 114.09 | 0.37 | 20.12 | 0.03 |
| CPK | NYSE | Chesapeake Utilities Corp | 3.04B | 132.12 | 0.35 | 24.75 | 0.02 |
| DTE | NYSE | DTE Energy Co | 27.76B | 133.77 | -1.75 | 18.34 | 0.03 |
| VST | NYSE | Vistra Corp | 47.62B | 140.00 | 0.52 | 22.34 | 0.01 |
| AWK | NYSE | American Water Works Co Inc | 28.59B | 146.59 | -1.01 | 26.48 | 0.02 |
| ATO | NYSE | Atmos Energy Corp | 25.66B | 161.65 | 0.16 | 23.10 | 0.02 |
| TLN | NASDAQ | Talen Energy Corp | 9.26B | 203.41 | 11.39 | 12.94 | 0.00 |
| CEG | NASDAQ | Constellation Energy Corp | 71.09B | 226.82 | 0.89 | 28.51 | 0.01 |
| GEV | NYSE | GE Vernova Inc | 100.20B | 367.12 | -1.10 | 56.61 | 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.