Filed Under: ,
Tickers in this Article: NKA, NRGM, CPNO, WES, WPZ, EPB, ETE
On a bad day for the market, the Nasdaq is down 0.4%, the S&P 500 is trading down 0.3% and the Dow has slipped 0.3%. 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 currently lagging behind the overall market, down 0.8%, and its current biggest movers are:
CompanyMarket CapPercentage Change
Niska Gas Storage (NYSE:NKA)$708.2 million+6.5%
Inergy (NYSE:NRGM)$1.74 billion-5.4%
Copano Energy (Nasdaq:CPNO)$2.36 billion-4.5%
Western Gas (NYSE:WES)$4.51 billion-3.7%
Williams Partners (NYSE:WPZ)$16.85 billion-3.5%
El Paso Pipeline Partners (NYSE:EPB)$7.56 billion-3.1%
Energy Transfer Equity (NYSE:ETE)$12.1 billion-2.8%
Broker Summary: E-Trade Financial

Increasing 6.5%, Niska Gas Storage (NYSE:NKA) is trading at $11.05 per share. The company is currently trading a volume of 102,830 shares.

Currently trading at $21.94 per share, Inergy (NYSE:NRGM) has fallen 5.4%. With 43,646 shares changing hands so far today, the company's volume is 1.2 times its average over the past three months.

Copano Energy (Nasdaq:CPNO) has decreased to $28.56 per share, a 4.5% fall. The company's volume for the morning is 202,971 shares. This is 0.6 times its average daily volume.

Slipping 3.7%, Western Gas (NYSE:WES) is currently trading at $45.25 per share. So far today, the company's volume is 158,488 shares, consistent with the volume from yesterday.

Williams Partners (NYSE:WPZ) has fallen 3.5% and is currently trading at $45.79 per share. This morning, the company is trading a volume of 479,573 shares.

El Paso Pipeline Partners (NYSE:EPB) is down 3.1% to reach $33.93 per share. At 251,034 shares, the company's volume so far today is 0.6 times the current three-month average.

After a decline of 2.8%, Energy Transfer Equity (NYSE:ETE) has hit a share price of $42.03. So far this morning, 600,148 shares have changed hands. This is 0.7 times the current daily average.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

comments powered by Disqus

Trading Center