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 | 0.25B | 1.65 | 0.57 | 0.00 | 0.00 |
| CIG | NYSE | Comp En De Mn Cemig ADS American Depositary Shares | 5.58B | 1.95 | -0.26 | 5.32 | 0.06 |
| CIG.C | NYSE | Comp En De Mn Cemig ADS American Depositary Receipts | 7.24B | 2.53 | 0.98 | 7.33 | 0.05 |
| ENIC | NYSE | Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock) | 4.68B | 3.38 | -0.59 | 5.74 | 0.08 |
| OPAL | NASDAQ | OPAL Fuels Inc | 0.10B | 3.52 | -1.95 | 16.22 | 0.00 |
| AMPS | NYSE | Altus Power Inc | 0.61B | 3.83 | 2.96 | 23.33 | 0.00 |
| AQN | NYSE | Algonquin Power & Utilities Corp. Common Shares | 3.34B | 4.35 | 1.40 | 9.19 | 0.07 |
| MNTK | NASDAQ | Montauk Renewables Inc | 0.65B | 4.51 | -0.45 | 24.76 | 0.00 |
| CDZI | NASDAQ | Cadiz Inc | 0.37B | 4.98 | -3.49 | 0.00 | 0.00 |
| SUUN | NASDAQ | SolarBank Corporation - Common Stock | 0.16B | 5.09 | -7.46 | 58.90 | 0.00 |
| RNW | NASDAQ | ReNew Energy Global PLC | 2.28B | 6.30 | -2.33 | 132.71 | 0.00 |
| ELPC | NYSE | Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) | 4.72B | 6.36 | -0.47 | 11.00 | 0.02 |
| EBR | NYSE | Centrais Electricas Brasileiras S A American Depositary Shares (Each representing one Common Share) | 14.86B | 6.61 | -0.38 | 8.56 | 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) | 5.14B | 6.93 | 0.29 | 12.30 | 0.02 |
| KEP | NYSE | Korea Electric Power Corporation Common Stock | 9.28B | 7.23 | 1.55 | 3.80 | 0.00 |
| EBR.B | NYSE | Centrais Electricas Brasileiras S.A.- Eletrobr?!s American Depositary Shares (Each representing one Preferred Share) | 16.90B | 7.52 | 0.00 | 9.60 | 0.09 |
| NEP | NYSE | NextEra Energy Partners LP | 0.98B | 10.53 | 0.39 | 0.00 | 0.00 |
| TAC | NYSE | TransAlta Corporation Ordinary Shares | 3.16B | 10.62 | -0.75 | 26.31 | 0.02 |
| HE | NYSE | Hawaiian Electric Industries Inc | 1.84B | 10.68 | 5.12 | 9.61 | 0.00 |
| AES | NYSE | The AES Corp | 7.82B | 11.00 | -0.85 | 7.35 | 0.07 |
| GWRS | NASDAQ | Global Water Resources Inc | 0.27B | 11.08 | -2.12 | 41.43 | 0.03 |
| PCYO | NASDAQ | Pure Cycle Corp | 0.28B | 11.58 | -1.79 | 20.78 | 0.00 |
| NFE | NASDAQ | New Fortress Energy Inc | 3.42B | 12.54 | -0.56 | 12.27 | 0.03 |
| CEPU | NYSE | Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) | 1.99B | 13.22 | -1.64 | 10.82 | 0.01 |
| GNE | NYSE | Genie Energy Ltd | 0.39B | 14.36 | -0.14 | 176.25 | 0.02 |
| PCG | NYSE | PG&E Corp | 33.61B | 15.32 | 1.06 | 13.90 | 0.00 |
| ELLO | NYSE | Ellomay Capital Ltd | 0.21B | 16.48 | 1.42 | 35.03 | 0.00 |
| SBS | NYSE | Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) | 11.50B | 16.82 | 2.25 | 14.41 | 0.02 |
| FLNC | NASDAQ | Fluence Energy Inc | 2.22B | 17.04 | -0.24 | 86.96 | 0.00 |
| ENLT | NASDAQ | Enlight Renewable Energy Ltd. - Ordinary Shares | 2.11B | 17.77 | 4.23 | 49.50 | 0.00 |
| RGCO | NASDAQ | RGC Resources Inc | 0.22B | 20.91 | 0.34 | 17.31 | 0.04 |
| SPH | NYSE | Suburban Propane Partners LP | 1.37B | 21.21 | 0.05 | 20.57 | 0.06 |
| CWEN.A | NYSE | Clearway Energy Inc | 2.89B | 24.61 | 1.07 | 25.07 | 0.06 |
| BEP | NYSE | Brookfield Renewable Partners L.P. | 7.07B | 24.78 | -1.48 | 170.34 | 0.06 |
| CWEN | NYSE | Clearway Energy, Inc. Class C Common Stock | 2.98B | 25.40 | -1.75 | 26.63 | 0.06 |
| CWCO | NASDAQ | Consolidated Water Co Ltd | 0.43B | 27.38 | -0.15 | 16.58 | 0.01 |
| BEPC | NYSE | Brookfield Renewable Corporation Class A Subordinate Voting Shares | 5.09B | 28.35 | 2.24 | 22.07 | 0.05 |
| ARIS | NYSE | Aris Water Solutions Inc | 0.88B | 28.84 | 0.46 | 32.85 | 0.02 |
| YORW | NASDAQ | The York Water Co | 0.45B | 31.61 | 0.10 | 22.37 | 0.03 |
| KEN | NYSE | Kenon Holdings Ltd | 1.66B | 31.93 | -0.75 | 10.19 | 0.12 |
| ARTNA | NASDAQ | Artesian Resources Corp | 0.33B | 31.93 | 0.38 | 16.58 | 0.04 |
| UGI | NYSE | UGI Corp | 7.04B | 32.78 | -0.79 | 12.96 | 0.05 |
| PPL | NYSE | PPL Corp | 24.23B | 32.84 | -2.00 | 28.93 | 0.03 |
| BIP | NYSE | Brookfield Infrastructure Partners LP Limited Partnership Units | 15.18B | 32.88 | -0.91 | 824.75 | 0.05 |
| CNP | NYSE | CenterPoint Energy Inc | 21.98B | 33.73 | -0.42 | 21.70 | 0.02 |
| WTRG | NYSE | Essential Utilities Inc | 9.81B | 35.71 | 0.79 | 18.37 | 0.04 |
| AVA | NYSE | Avista Corp | 2.92B | 36.86 | 2.45 | 15.00 | 0.05 |
| EDN | NYSE | Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares | 1.65B | 37.76 | -1.77 | 14.19 | 0.00 |
| NI | NYSE | NiSource Inc | 18.12B | 38.56 | 1.19 | 24.73 | 0.03 |
| FE | NYSE | FirstEnergy Corp | 23.42B | 40.63 | 1.58 | 27.28 | 0.04 |
| NWN | NYSE | Northwest Natural Holding Co | 1.65B | 41.15 | 1.28 | 19.72 | 0.05 |
| POR | NYSE | Portland General Electric Co | 4.52B | 41.33 | 1.02 | 14.74 | 0.04 |
| OKLO | NYSE | Oklo Inc | 5.73B | 41.91 | 18.73 | 0.00 | 0.00 |
| EXC | NASDAQ | Exelon Corp | 42.87B | 42.65 | -0.12 | 17.71 | 0.04 |
| BIPC | NYSE | Brookfield Infrastructure Corporation | 5.08B | 42.71 | 3.34 | 15.28 | 0.04 |
| OGE | NYSE | OGE Energy Corp | 8.91B | 44.30 | 0.64 | 20.64 | 0.04 |
| FTS | NYSE | Fortis Inc. Common Shares | 22.13B | 44.32 | 0.98 | 19.39 | 0.04 |
| CWT | NYSE | California Water Service Group | 2.72B | 45.69 | 4.44 | 13.23 | 0.02 |
| NJR | NYSE | New Jersey Resources Corp | 4.67B | 46.58 | 0.37 | 14.13 | 0.04 |
| EIX | NYSE | Edison International | 19.39B | 50.09 | -2.08 | 15.25 | 0.06 |
| MSEX | NASDAQ | Middlesex Water Co | 0.91B | 50.96 | 0.46 | 22.19 | 0.03 |
| SJW | NYSE | SJW Group | 1.73B | 52.12 | 2.79 | 19.04 | 0.03 |
| NWE | NASDAQ | NorthWestern Energy Group Inc | 3.28B | 53.53 | 0.61 | 14.76 | 0.05 |
| D | NYSE | Dominion Energy Inc | 45.70B | 54.41 | 1.08 | 26.10 | 0.05 |
| UTL | NYSE | Unitil Corp | 0.91B | 56.17 | 2.50 | 19.22 | 0.03 |
| BKH | NYSE | Black Hills Corp | 4.23B | 59.13 | 0.27 | 15.26 | 0.04 |
| LNT | NASDAQ | Alliant Energy Corp | 15.39B | 59.95 | -0.60 | 23.35 | 0.03 |
| NGG | NYSE | National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares | 59.88B | 61.20 | -0.13 | 23.85 | 0.06 |
| ES | NYSE | Eversource Energy | 22.56B | 61.51 | -0.05 | 27.92 | 0.05 |
| ORA | NYSE | Ormat Technologies Inc | 3.84B | 63.48 | -0.74 | 35.11 | 0.01 |
| ALE | NYSE | ALLETE Inc | 3.75B | 64.72 | 0.27 | 21.13 | 0.04 |
| EVRG | NASDAQ | Evergy Inc | 15.47B | 67.25 | -0.02 | 18.40 | 0.04 |
| OGS | NYSE | ONE Gas Inc | 4.19B | 69.90 | -1.05 | 18.70 | 0.04 |
| XEL | NASDAQ | Xcel Energy Inc | 40.28B | 70.15 | 1.19 | 20.33 | 0.03 |
| CMS | NYSE | CMS Energy Corp | 21.12B | 70.70 | 0.79 | 21.47 | 0.03 |
| SR | NYSE | Spire Inc | 4.18B | 71.64 | 3.16 | 18.72 | 0.04 |
| NEE | NYSE | NextEra Energy Inc | 147.78B | 71.84 | -1.36 | 21.24 | 0.03 |
| AWR | NYSE | American States Water Co | 2.84B | 74.38 | -0.90 | 23.79 | 0.02 |
| XLU | AMEX | SPDR Select Sector Fund - Utilities | 7.33B | 77.43 | -2.60 | 50.10 | 3.13 |
| SWX | NYSE | Southwest Gas Holdings Inc | 5.60B | 78.08 | 0.85 | 30.76 | 0.03 |
| OTTR | NASDAQ | Otter Tail Corp | 3.28B | 78.36 | 1.01 | 11.36 | 0.02 |
| PAM | NYSE | Pampa Energia S.A. | 4.41B | 81.10 | 0.35 | 8.05 | 0.00 |
| ETR | NYSE | Entergy Corp | 35.57B | 82.65 | 1.22 | 34.73 | 0.03 |
| SRE | NYSE | Sempra | 53.60B | 84.62 | 0.62 | 19.19 | 0.03 |
| SO | NYSE | Southern Co | 94.90B | 86.52 | -0.34 | 22.16 | 0.03 |
| PEG | NYSE | Public Service Enterprise Group Inc | 43.35B | 87.00 | 1.23 | 20.63 | 0.03 |
| PNW | NYSE | Pinnacle West Capital Corp | 10.12B | 89.01 | -0.17 | 17.21 | 0.04 |
| MGEE | NASDAQ | MGE Energy Inc | 3.26B | 89.96 | -0.12 | 28.17 | 0.02 |
| AEE | NYSE | Ameren Corp | 25.43B | 94.20 | 0.10 | 22.29 | 0.03 |
| WEC | NYSE | WEC Energy Group Inc | 30.52B | 96.06 | 0.21 | 21.54 | 0.03 |
| AEP | NASDAQ | American Electric Power Co Inc | 51.63B | 96.82 | 1.79 | 18.88 | 0.03 |
| ED | NYSE | Consolidated Edison Inc | 34.31B | 98.95 | 3.34 | 18.75 | 0.03 |
| NRG | NYSE | NRG Energy Inc | 22.60B | 111.55 | 6.74 | 26.23 | 0.02 |
| DUK | NYSE | Duke Energy Corp | 86.83B | 111.90 | -0.89 | 20.27 | 0.04 |
| IDA | NYSE | Idacorp Inc | 6.08B | 112.72 | 0.60 | 20.76 | 0.03 |
| DTE | NYSE | DTE Energy Co | 25.06B | 120.90 | 0.86 | 19.50 | 0.03 |
| CPK | NYSE | Chesapeake Utilities Corp | 2.79B | 123.00 | 0.77 | 25.25 | 0.02 |
| AWK | NYSE | American Water Works Co Inc | 24.93B | 127.86 | 0.55 | 24.62 | 0.02 |
| VST | NYSE | Vistra Corp | 48.36B | 142.15 | 2.67 | 28.33 | 0.01 |
| ATO | NYSE | Atmos Energy Corp | 22.62B | 142.51 | -0.14 | 21.48 | 0.02 |
| TLN | NASDAQ | Talen Energy Corp | 11.31B | 246.00 | -1.75 | 0.00 | 0.00 |
| CEG | NASDAQ | Constellation Energy Corp | 97.14B | 310.51 | -3.52 | 23.92 | 0.01 |
| GEV | NYSE | GE Vernova Inc | 103.52B | 375.19 | 0.62 | 58.76 | 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.