Filed Under: ,
Tickers in this Article: CLNE, SBS, CMLP, WPZ, ETE, EPD, ORA
The market is having a bad day so far. The Nasdaq has decreased 1%; the S&P 500 has declined 0.6%; and the Dow is down 0.8%. The utilities sector is a category of stocks for utilities such as gas and power. It contains companies such as electric, gas and water firms and integrated providers. Because utilities require significant infrastructure, these firms often carry large amounts of debt. With a high debt load, utilities companies become sensitive to changes in the interest rate. As interest rates rise or drop, the debt payments will increase or decrease. The utilities sector performs best when interest rates are falling or remain low.

The Utilities sector (XLU) is down 0.1%, outperforming the market overall. Currently, the biggest movers in the sector are:
CompanyMarket CapPercentage Change
Clean Energy (Nasdaq:CLNE)$1.11 billion-5.4%
Companhia de Saneamento Basico (NYSE:SBS)$8.97 billion+4.1%
Crestwood Midstream (NYSE:CMLP)$1.01 billion+3.4%
Williams Partners (NYSE:WPZ)$16.47 billion+2.2%
Energy Transfer Equity (NYSE:ETE)$11.93 billion+2.1%
Enterprise Products Partners (NYSE:EPD)$43.94 billion+1.9%
Ormat Technologies (NYSE:ORA)$777.3 million-1.9%
Software Summary: Stock Screener

Slipping 5.4%, Clean Energy (Nasdaq:CLNE) is currently trading at $11.99 per share. The company's volume for the day so far is 888,604 shares.

After rising 4.1%, Companhia de Saneamento Basico (NYSE:SBS) is currently trading at a share price of $81.96. So far today, 579,909 shares have changed hands, more than yesterday's 255,381 shares.

Rising 3.4%, Crestwood Midstream (NYSE:CMLP) is currently trading at $21.67 per share. The company's volume for the day so far is 49,934 shares. This is 0.3 times its average volume over the past three months.

Williams Partners (NYSE:WPZ) has moved up 2.2% and is currently trading at $47.38 per share. The company's volume is currently 421,392 shares for the day, in line with the current daily average.

Energy Transfer Equity (NYSE:ETE) has risen 2.1% to hit a current price of $43.49 per share. The company is currently trading a volume of 354,357 shares.

Enterprise Products Partners (NYSE:EPD) has risen 1.9% and is currently trading at $49.73 per share. This morning, 604,340 shares have been traded, lighter than yesterday's volume of 3.4 million shares.

Ormat Technologies (NYSE:ORA) is down 1.9% to reach $16.79 per share. So far today, the company's volume is 25,110 shares. This is 0.2 times its current three-month average.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

comments powered by Disqus

Trading Center