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QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
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META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
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AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)

Utilities Stocks List

This page shows information about the 50 largest utilities stocks including NextEra Energy, Southern, Duke Energy, and National Grid. Learn more about utilities stocks.

NextEra Energy logo

#1 - NextEra Energy

NYSE:NEE
Stock Price: $56.28 (-$0.10)
Market Cap: $115.47 billion
P/E Ratio: 15.6
Dividend Yield: 3.33%
Consensus Rating: Moderate Buy (11 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $71.85 (27.7% Upside)
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2022, the company had approximately 32,100 megawatts of net generating capacity; approximately 88,000 circuit miles of transmission and distribution lines; and 871 substations. It serves approximately 12 million people through approximately 5.8 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
Southern logo

#2 - Southern

NYSE:SO
Stock Price: $66.94 (-$0.01)
Market Cap: $73.01 billion
P/E Ratio: 24.2
Dividend Yield: 4.15%
Consensus Rating: Moderate Buy (6 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $74.00 (10.5% Upside)
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Duke Energy logo

#3 - Duke Energy

NYSE:DUK
Stock Price: $92.65 (-$2.85)
Market Cap: $71.41 billion
P/E Ratio: 59.0
Dividend Yield: 4.31%
Consensus Rating: Moderate Buy (7 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $100.67 (8.7% Upside)
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
National Grid logo

#4 - National Grid

NYSE:NGG
Stock Price: $64.88 (-$1.58)
Market Cap: $48.27 billion
Dividend Yield: 3.54%
Consensus Rating: Moderate Buy (5 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
Sempra logo

#5 - Sempra

NYSE:SRE
Stock Price: $69.84 (-$0.21)
Market Cap: $43.95 billion
P/E Ratio: 16.1
Dividend Yield: 3.41%
Consensus Rating: Moderate Buy (10 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $81.83 (17.2% Upside)
Sempra operates as an energy infrastructure company in the United States and internationally. It operates through four segments: San Diego Gas & Electric Company, Southern California Gas Company, Sempra Texas Utilities, and Sempra Infrastructure. The San Diego Gas & Electric Company segment provides to San Diego and southern Orange counties; and natural gas service to San Diego County. It generates electricity through wind, solar, and other resources. As of December 31, 2022, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. The Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2022, it serves a population of 21.1 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2022, its transmission system included 18,268 circuit miles of transmission lines; 1,207 transmission and distribution substations; interconnection to 146 third-party generation facilities totaling 48,430 MW; and distribution system included approximately 3.9 million points of delivery and consisted of 123,500 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was founded in 1998 and is based in San Diego, California.
PG&E logo

#6 - PG&E

NYSE:PCG
Stock Price: $16.24 (-$0.17)
Market Cap: $42.41 billion
P/E Ratio: 18.9
Dividend Yield: 0.25%
Consensus Rating: Moderate Buy (6 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $18.75 (15.5% Upside)
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is based in Oakland, California.
American Electric Power logo

#7 - American Electric Power

NASDAQ:AEP
Stock Price: $75.94 (-$0.50)
Market Cap: $39.94 billion
P/E Ratio: 17.4
Dividend Yield: 4.56%
Consensus Rating: Moderate Buy (7 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $88.73 (16.8% Upside)
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.
Dominion Energy logo

#8 - Dominion Energy

NYSE:D
Stock Price: $44.18 (-$0.31)
Market Cap: $36.97 billion
P/E Ratio: 22.5
Dividend Yield: 5.92%
Consensus Rating: Hold (3 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $50.33 (13.9% Upside)
Dominion Energy, Inc. produces and distributes energy in the United States. It operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.0 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 782,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 435,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2022, the company's portfolio of assets included approximately 31.0 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 78,500 miles of electric distribution lines; and 93,500 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
BCE logo

#9 - BCE

NYSE:BCE
Stock Price: $37.96 (-$1.43)
Market Cap: $34.63 billion
P/E Ratio: 21.0
Dividend Yield: 7.30%
Consensus Rating: Hold (1 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $55.00 (44.9% Upside)
BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
Exelon logo

#10 - Exelon

NASDAQ:EXC
Stock Price: $33.75 (-$0.35)
Market Cap: $33.60 billion
P/E Ratio: 15.8
Dividend Yield: 4.25%
Consensus Rating: Hold (3 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $39.36 (16.6% Upside)
Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers. It also offers support services, including legal, human resources, information technology, supply management, financial, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.
Xcel Energy logo

#11 - Xcel Energy

NASDAQ:XEL
Stock Price: $58.00 (-$0.37)
Market Cap: $32.01 billion
P/E Ratio: 18.1
Dividend Yield: 3.56%
Consensus Rating: Hold (5 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $65.00 (12.1% Upside)
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
Consolidated Edison logo

#12 - Consolidated Edison

NYSE:ED
Stock Price: $88.67 (-$0.80)
Market Cap: $30.61 billion
P/E Ratio: 13.1
Dividend Yield: 3.61%
Consensus Rating: Reduce (2 Buy Ratings, 8 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $88.46 (-0.2% Upside)
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
Chunghwa Telecom logo

#13 - Chunghwa Telecom

NYSE:CHT
Stock Price: $38.63 (-$0.20)
Market Cap: $29.97 billion
P/E Ratio: 25.2
Dividend Yield: 2.97%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Chunghwa Telecom Co., Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local long distance services comprising of local calls, cloud switchboard, and value-added local calls. It also offers 5G services consisting of enterprise private network, AR enterprise application, smart mobile SNG application, and smart air inspection services. In addition, the company provides mobile fixed IP internet service, worklink mobile business application, mobile intercom service, and action management solutions, as well as mobile internet of things, 4G mobile internet solution, multiparty call, plugin, and voicemail services. Further, it offers hi cloud, IDC, and cloud related services, as well as provides internet circuit security, information security, professional, and digital identification services. Additionally, the company offers business application services, such as big data and network value added services. Furthermore, it provides smart networking services. The company was incorporated in 1996 and is headquartered in Taipei City, Taiwan.
Public Service Enterprise Group logo

#14 - Public Service Enterprise Group

NYSE:PEG
Stock Price: $58.21 (-$0.80)
Market Cap: $29.01 billion
P/E Ratio: 10.4
Dividend Yield: 3.87%
Consensus Rating: Moderate Buy (5 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $63.95 (9.9% Upside)
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
TELUS logo

#15 - TELUS

NYSE:TU
Stock Price: $17.07 (-$0.39)
Market Cap: $24.97 billion
P/E Ratio: 41.6
Dividend Yield: 6.38%
Consensus Rating: Hold (0 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $28.81 (68.8% Upside)
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is based in Vancouver, Canada.
Edison International logo

#16 - Edison International

NYSE:EIX
Stock Price: $64.73 (-$0.71)
Market Cap: $24.83 billion
P/E Ratio: 20.2
Dividend Yield: 4.79%
Consensus Rating: Hold (4 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $72.91 (12.6% Upside)
Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company's transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.
WEC Energy Group logo

#17 - WEC Energy Group

NYSE:WEC
Stock Price: $77.40 (-$0.76)
Market Cap: $24.41 billion
P/E Ratio: 18.3
Dividend Yield: 3.98%
Consensus Rating: Hold (3 Buy Ratings, 4 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $86.17 (11.3% Upside)
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, and oil, as well as hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2022, it operated approximately 35,600 miles of overhead distribution lines and 36,100 miles of underground distribution cables, as well as 430 electric distribution substations and 514,800 line transformers; 52,000 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
American Water Works logo

#18 - American Water Works

NYSE:AWK
Stock Price: $121.83 (-$0.12)
Market Cap: $23.72 billion
P/E Ratio: 25.3
Dividend Yield: 2.31%
Consensus Rating: Buy (2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $143.50 (17.8% Upside)
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,600 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on various military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 490 groundwater treatment plants; 175 wastewater treatment plants; 53,500 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 73 dams. It serves approximately 14 million people with drinking water, wastewater, and other related services in 24 states. The company was founded in 1886 and is headquartered in Camden, New Jersey.
Telefónica logo

#19 - Telefónica

NYSE:TEF
Stock Price: $3.86 (-$0.03)
Market Cap: $22.29 billion
P/E Ratio: 13.3
Dividend Yield: 5.98%
Consensus Rating: Reduce (0 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: N/A
Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance and fixed-to-mobile communications; corporate communications; supplementary value-added services; video telephony; intelligent network; and telephony information services, as well as leases and sells handset equipment. The company also provides Internet and broadband multimedia services comprising Internet service provider, portal and network, retail and wholesale broadband access, narrowband switched access, high-speed Internet through fibre to the home, and voice over Internet protocol services. In addition, it offers leased line, virtual private network, fibre optics, web hosting and application, managed hosting, content delivery, outsourcing and consultancy, desktop, and system integration and professional services. Further, the company offers wholesale services for telecommunication operators, including domestic interconnection and international wholesale services; leased lines for other operators; and local loop leasing services, as well as bit stream services, wholesale line rental accesses, and leased ducts for other operators' fiber deployment. Additionally, it provides video/TV services; smart connectivity and services, and consumer IoT products; financial and other payment, security, cloud, advertising, big data, and digital experience services; virtual assistants; and Movistar Home devices. The company was incorporated in 1924 and is headquartered in Madrid, Spain.
DTE Energy logo

#20 - DTE Energy

NYSE:DTE
Stock Price: $104.23 (-$0.99)
Market Cap: $21.50 billion
P/E Ratio: 17.2
Dividend Yield: 3.92%
Consensus Rating: Moderate Buy (6 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $116.85 (12.1% Upside)
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates approximately 697 distribution substations and approximately 451,900 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,352,000 service pipelines; and 1,316,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is based in Detroit, Michigan.
Entergy logo

#21 - Entergy

NYSE:ETR
Stock Price: $97.40 (-$0.23)
Market Cap: $20.60 billion
P/E Ratio: 14.0
Dividend Yield: 4.55%
Consensus Rating: Moderate Buy (7 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $110.82 (13.8% Upside)
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Commodities segment engages in the ownership, operation, and decommissioning of nuclear power plants; and ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 24,000 megawatts (MW) of electric generating capacity, which include 5,000 MW of nuclear power. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.
FirstEnergy logo

#22 - FirstEnergy

NYSE:FE
Stock Price: $35.79 (-$0.04)
Market Cap: $20.54 billion
P/E Ratio: 44.7
Dividend Yield: 4.58%
Consensus Rating: Hold (3 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $39.67 (10.8% Upside)
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. It operates 24,080 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 274,518 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
Centrais Elétricas Brasileiras S.A. - Eletrobrás logo

#23 - Centrais Elétricas Brasileiras S.A. - Eletrobrás

NYSE:EBR
Stock Price: $8.58 (-$0.14)
Market Cap: $19.74 billion
Dividend Yield: 0.51%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Centrais Elétricas Brasileiras S.A. - Eletrobrás, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through hydroelectric, thermal, nuclear, wind, and solar plants. It owned and operated 32 hydroelectric plants; As of December 31, 2022, it operated 32 hydroelectric plants; five thermal plants, including coal and gas power generation units with a total installed capacity of 1,482 megawatts; and two nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II with an installed capacity of 1,350 megawatts. It also operates 66,939 kilometers of transmission lines. The company was incorporated in 1962 and is based in Rio de Janeiro, Brazil.
Fortis logo

#24 - Fortis

NYSE:FTS
Stock Price: $38.95 (-$0.38)
Market Cap: $19.11 billion
P/E Ratio: 17.0
Dividend Yield: 4.42%
Consensus Rating: Hold (1 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $55.13 (41.5% Upside)
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 443,000 retail customers in southeastern Arizona; and 102,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,328 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,076,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 584,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 274,000 customers in Newfoundland and Labrador; approximately 33,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 51,200 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
PPL logo

#25 - PPL

NYSE:PPL
Stock Price: $25.66 (-$0.02)
Market Cap: $18.91 billion
P/E Ratio: 23.1
Dividend Yield: 3.74%
Consensus Rating: Moderate Buy (3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $32.63 (27.1% Upside)
PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.5 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
Eversource Energy logo

#26 - Eversource Energy

NYSE:ES
Stock Price: $54.07 (+$0.28)
Market Cap: $18.89 billion
P/E Ratio: 16.2
Dividend Yield: 5.02%
Consensus Rating: Hold (2 Buy Ratings, 10 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $65.33 (20.8% Upside)
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 237,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.
Ameren logo

#27 - Ameren

NYSE:AEE
Stock Price: $67.93 (-$0.76)
Market Cap: $17.86 billion
P/E Ratio: 15.4
Dividend Yield: 3.69%
Consensus Rating: Hold (1 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $82.33 (21.2% Upside)
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. In addition, the company generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. It serves residential, commercial, and industrial customers. The company was founded in 1881 and is headquartered in St. Louis, Missouri.
Telefônica Brasil logo

#28 - Telefônica Brasil

NYSE:VIV
Stock Price: $10.68 (-$0.11)
Market Cap: $17.77 billion
P/E Ratio: 19.4
Dividend Yield: 3.26%
Consensus Rating: Moderate Buy (3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $11.60 (8.6% Upside)
Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services. The company also offers data services, including broadband and mobile data services. In addition, it provides pay TV services through IPTV technologies; network services, such as rental of facilities; other services comprising internet access, private network connectivity, computer equipment leasing, extended service, caller identification, voice mail, cellular blocker, and others; wholesale services, including interconnection services to users of other network providers; and digital services, such as entertainment, cloud, and security and financial services. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells devices, such as smartphones, broadband USB modems, and other devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc. It markets and sells its solutions through own stores, dealers, retail and distribution channels, door-to-door sales, and outbound tele sales. The company was formerly known as Telecomunicações de São Paulo S.A. - TELESP and changed its name to Telefônica Brasil S.A. in October 2011. The company was incorporated in 1998 and is headquartered in São Paulo, Brazil.
CenterPoint Energy logo

#29 - CenterPoint Energy

NYSE:CNP
Stock Price: $27.43 (-$0.14)
Market Cap: $17.31 billion
P/E Ratio: 21.9
Dividend Yield: 2.90%
Consensus Rating: Moderate Buy (7 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $30.73 (12.0% Upside)
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market. The Natural Gas segment engages in the intrastate natural gas sales, natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provision of home appliance maintenance and repair services to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. As of December 31, 2022, it served approximately 2,534,730 metered customers; owned 349 substations with transformer capacity of 78,956 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.
Atmos Energy logo

#30 - Atmos Energy

NYSE:ATO
Stock Price: $112.93 (+$1.00)
Market Cap: $17.03 billion
P/E Ratio: 17.9
Dividend Yield: 2.88%
Consensus Rating: Moderate Buy (3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $123.50 (9.4% Upside)
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers; and owned 73,689 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,645 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
CMS Energy logo

#31 - CMS Energy

NYSE:CMS
Stock Price: $56.27 (-$0.14)
Market Cap: $16.42 billion
P/E Ratio: 18.7
Dividend Yield: 3.45%
Consensus Rating: Moderate Buy (8 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $62.50 (11.1% Upside)
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.
Vistra logo

#32 - Vistra

NYSE:VST
Stock Price: $42.88 (-$0.88)
Market Cap: $15.33 billion
P/E Ratio: 12.6
Dividend Yield: 1.97%
Consensus Rating: Buy (3 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $40.33 (-5.9% Upside)
Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia. In addition, the company is involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. It serves approximately 3.5 million customers with a generation capacity of approximately 37,000 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas.
BT Group logo

#33 - BT Group

NYSE:BT
Stock Price: $0.00
Market Cap: $15.12 billion
P/E Ratio: 8.3
Dividend Yield: 12.19%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network. This segment also sells 4G mobile phones, tablets, connected devices, and mobile broadband devices from various manufacturers. Its Business and Public Sector segment provides fixed voice, mobility, fiber and connectivity, and networked IT services to retailers, utilities, public sector, healthcare, sports, construction, finance, and educational sectors. The company's Global Services segment offers business communications and ICT services comprising BT Connect, BT Security, BT One, BT Contact, BT Compute, BT Advise, and BT for financial markets. This segment serves approximately 5,500 customers in 180 countries. Its Wholesale and Ventures segment enables communications providers and other organizations to provide fixed or mobile phone services. Its ventures provide mass-market services, such as directory enquiries and payphones; and enterprise services comprising BT Fleet and BT Redcare. This segment also provides broadband and Ethernet, voice, hosted communication, mobile virtual network operator, managed solutions, machine-to-machine, roaming, and media services. The company's Openreach segment engages in the provision of services over the local access network; and installation and maintenance of fiber and copper communications networks that connect homes and businesses. The company was formerly known as Newgate Telecommunications Limited and changed its name to BT Group plc in September 2001. BT Group plc was incorporated in 2001 and is headquartered in London, the United Kingdom.
Alliant Energy logo

#34 - Alliant Energy

NASDAQ:LNT
Stock Price: $47.48 (-$0.30)
Market Cap: $12.12 billion
P/E Ratio: 17.3
Dividend Yield: 4.02%
Consensus Rating: Hold (3 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $54.06 (13.9% Upside)
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Telecom Italia logo

#35 - Telecom Italia

NYSE:TI
Stock Price: $5.63
Market Cap: $11.95 billion
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, South America, and the Mediterranean Basin. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for small and medium-size enterprises, small offices/home offices, the public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets. The company also manages and develops a portfolio of regulated and unregulated wholesale services for fixed and mobile telecommunications operators; provision of infrastructure for housing radio transmission equipment of mobile telephone networks; and development, engineering, building, and operation of network infrastructures, information technology (IT), real estate properties, and plant engineering. In addition, it engages in customer care, operating credit support, loyalty, and retention activities; and staff functions and other support activities. Further, the company offers office products and services for IT sector. The company was founded in 1908 and is headquartered in Rome, Italy.
NRG Energy logo

#36 - NRG Energy

NYSE:NRG
Stock Price: $52.35 (-$0.64)
Market Cap: $11.82 billion
Dividend Yield: 3.05%
Consensus Rating: Moderate Buy (3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $49.50 (-5.4% Upside)
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency and advisory services, as well as carbon management and specialty services. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; and sells energy, services, and products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.
Avangrid logo

#37 - Avangrid

NYSE:AGR
Stock Price: $30.02 (-$0.40)
Market Cap: $11.61 billion
P/E Ratio: 21.8
Dividend Yield: 5.81%
Consensus Rating: Reduce (0 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $37.33 (24.4% Upside)
Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates in two segments: Networks and Renewables. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 9.2 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.
AES logo

#38 - AES

NYSE:AES
Stock Price: $16.20 (-$0.12)
Market Cap: $10.85 billion
Dividend Yield: 4.18%
Consensus Rating: Moderate Buy (3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $21.33 (31.7% Upside)
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,326 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
NiSource logo

#39 - NiSource

NYSE:NI
Stock Price: $25.06 (-$0.03)
Market Cap: $10.36 billion
P/E Ratio: 16.8
Dividend Yield: 4.23%
Consensus Rating: Buy (4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $28.86 (15.2% Upside)
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
CPFL Energia logo

#40 - CPFL Energia

NYSE:CPL
Stock Price: $17.36
Market Cap: $10.00 billion
P/E Ratio: 13.8
Dividend Yield: 1.27%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
CPFL Energia S.A., through its subsidiaries, generates, transmits, distributes, and commercializes electricity to residential, industrial, and commercial customers in Brazil. The company generates electricity through wind, biomass, solar, and hydroelectric power plants. It also manufactures, commercializes, rents, and maintains electro-mechanical equipment; and offers administrative, call center, collection, IT, telecommunication, energy transmission, and energy efficiency management services, as well as maintenance services for energy generation companies. As of December 31, 2018, the company distributed electricity to approximately 9.6 million customers; and had 323,979 kilometers of distribution lines, which included 464,627 distribution transformers. It also has an installed capacity of 3,272 megawatts. The company was founded in 1998 and is headquartered in Campinas, Brazil. CPFL Energia S.A. is a subsidiary of State Grid Brazil Power Participações S.A.
Essential Utilities logo

#41 - Essential Utilities

NYSE:WTRG
Stock Price: $35.43 (+$0.14)
Market Cap: $9.68 billion
P/E Ratio: 19.7
Dividend Yield: 3.46%
Consensus Rating: Buy (5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $48.25 (36.2% Upside)
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households. It serves approximately 8.8 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.
Huaneng Power International logo

#42 - Huaneng Power International

NYSE:HNP
Stock Price: $0.00
Market Cap: $8.44 billion
Dividend Yield: 4.56%
Consensus Rating: Hold (0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Huaneng Power International, Inc., together with its subsidiaries, engages in the generation and sale of electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It is involved in the development, construction, operation, and management of power plants and related projects. The company also generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources. In addition, it is involved in the sale of coal ash and lime; cargo loading and storage; port, warehousing, and conveying activities; photovoltaic power generation projects development and construction; and provision of thermal energy and cold energy services, as well as thermal heating services. Further, the company engages in the repair and maintenance of power equipment; supply of steam and hot water; plumbing pipe installation and repair; and energy engineering construction activities. Additionally, it is involved in the provision of transportation services; construction and operation of electricity distribution networks and heating pipe networks; energy supply, energy transmission, and substation project contracting activities; cargo handling and transportation; and port management, investment, and development activities. The company engages in the management of industrial water and waste, as well as provides environment engineering, and information technology and management consulting services. It also sells raw and processed coal; and offers central heat and desalinated water services. As of December 31, 2021, the company had a controlled generating capacity of 118,695 megawatts and an equity-based installed capacity of 103,875 megawatts. Huaneng Power International, Inc. was incorporated in 1994 and is based in Beijing, the People's Republic of China.
Aqua America logo

#43 - Aqua America

NYSE:WTR
Stock Price: $35.29 (+$0.05)
Market Cap: $7.62 billion
P/E Ratio: 50.4
Dividend Yield: 1.81%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. It offers water services through operating and maintenance contracts with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through third-party. It serves approximately three million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia. The company was formerly known as Philadelphia Suburban Corporation and changed its name to Aqua America, Inc. in 2004. Aqua America, Inc. was founded in 1968 and is based in Bryn Mawr, Pennsylvania.
Pinnacle West Capital logo

#44 - Pinnacle West Capital

NYSE:PNW
Stock Price: $66.39 (-$0.85)
Market Cap: $7.53 billion
P/E Ratio: 15.8
Dividend Yield: 5.17%
Consensus Rating: Moderate Buy (4 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $73.63 (10.9% Upside)
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Vectren logo

#45 - Vectren

NYSE:VVC
Stock Price: $72.38
Market Cap: $7.32 billion
P/E Ratio: 27.8
Dividend Yield: 2.65%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts. Its electric transmission system consists of approximately 1,028 circuit miles of 345, 138, and 69 kilovolt lines, and 34 substations; and distribution system comprises 4,543 circuit miles of lower voltage overhead lines and 462 trench miles of conduit containing 2,405 circuit miles of underground distribution cable, as well as 85 distribution substations and 54,919 distribution transformers. The company also provides underground pipeline construction and repair services; and energy performance contracting and sustainable infrastructure, such as renewables, distributed generation, and combined heat and power projects, as well as invests in energy-related opportunities and services. It serves various industries comprising automotive assembly, parts, and accessories; feed, flour, and grain processing; metal castings and plastic products; gypsum products; electrical equipment, metal specialties, and glass and steel finishing; pharmaceutical and nutritional products; gasoline and oil products; ethanol; and coal mining. The company supplies natural gas services to approximately 1,022,000 customers in Indiana and Ohio; and electric services to approximately 145,200 customers in Indiana. Vectren Corporation was incorporated in 1999 and is headquartered in Evansville, Indiana.
Brookfield Renewable Partners logo

#46 - Brookfield Renewable Partners

NYSE:BEP
Stock Price: $23.96 (-$0.94)
Market Cap: $6.88 billion
Dividend Yield: 5.43%
Consensus Rating: Moderate Buy (7 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $31.20 (30.2% Upside)
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, and Asia. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Hamilton, Bermuda. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation.
SCANA logo

#47 - SCANA

NYSE:SCG
Stock Price: $47.78
Market Cap: $6.81 billion
P/E Ratio: 11.4
Dividend Yield: 1.04%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in the United States. The company owns nuclear, coal, hydro, natural gas, oil, biomass, and solar generating facilities. It also purchases, sells, and transports natural gas; and offers energy-related services. As of December 31, 2017, the company provided electricity to approximately 719,000 customers; and natural gas to approximately 931,000 retail customers in South Carolina and North Carolina, as well as marketed natural gas to approximately 425,000 customers in Georgia. It serves municipalities, electric cooperatives, other investor-owned utilities, registered marketers, and federal and state electric agencies, as well as chemical, educational service, paper product, food product, lumber and wood product, health service, textile manufacturing, rubber and miscellaneous plastic product, automotive and tire, and fabricated metal product industries. The company was founded in 1924 and is based in Cayce, South Carolina.
OGE Energy logo

#48 - OGE Energy

NYSE:OGE
Stock Price: $32.47 (-$0.19)
Market Cap: $6.50 billion
P/E Ratio: 15.6
Dividend Yield: 5.13%
Consensus Rating: Hold (1 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $34.50 (6.3% Upside)
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
UGI logo

#49 - UGI

NYSE:UGI
Stock Price: $23.43 (+$0.10)
Market Cap: $4.91 billion
Dividend Yield: 6.32%
Consensus Rating: Moderate Buy (1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $30.00 (28.1% Upside)
UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations. The company distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 12,400 residential, commercial, and industrial customers at 42,000 locations. Further, the company distributes natural gas to approximately 677,000 customers in eastern and central Pennsylvania counties through its distribution system of approximately 12,500 miles of gas mains; and supplies electricity to approximately 62,600 customers in northeastern Pennsylvania through 2,560 miles of lines and 14 substations. Additionally, it operates electric generation facilities, which include coal-fired, landfill gas-fueled, solar-powered, and natural gas-fueled facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was incorporated in 1882 and is headquartered in King of Prussia, Pennsylvania.
Brookfield Infrastructure logo

#50 - Brookfield Infrastructure

NASDAQ:BIPC
Stock Price: $35.94 (-$0.16)
Market Cap: $4.74 billion
P/E Ratio: 25.0
Dividend Yield: 4.25%
Consensus Rating: Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $42.00 (16.9% Upside)
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 4.3 million gas and electricity connections; and 60,000 kilometers of operational electricity transmission and distribution lines in Australia. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.
Utilities Stocks Explained – How and Why to Invest in Utilities

If you live in a house or apartment, you already know about the utilities that take a chunk of your paycheck on an ongoing basis — water, sewer, natural gas, trash, electricity, recycling and more.   

Regardless of the type of utility you're familiar with on a day-to-day basis, think beyond the water that comes out of your faucet and the electricity that appears with the flick of a switch. You can also invest in renewable energy, including wind turbines and solar panels. Utilities can also come in the form of cable TV, internet and phone services. 

If you have a hankering to invest, utilities can offer stable, consistent dividends and less volatility. However, it's important to understand the pros and cons of utilities, including that they often carry expensive infrastructure, are heavily regulated and often carry significant debt loads (which can make them sensitive to interest rate changes). They may also be sensitive during certain economic cycles.

Let's take a look at an overview of utilities stocks and inflation, whether utilities stocks are a good investment, when utilities stocks do well and performance of particular stocks. Finally, we'll walk through how to invest in utilities stocks.

When prices rise, the value of the dollar declines. Some sectors are more hardwearing during market downturns. In contrast to sectors like technology, you may automatically believe that utilities tend to perform well during economic downturns because they offer services necessary for day-to-day living. Your initial thinking may be that the steady income stream from utilities aren't too affected by changes in the economy — people still pay their gas bill, providing an inflation shelter.

Ultimately, during a downed economic cycle, utilities stocks usually don't tumble quite as far as other sectors. However, you might face some dividend risks. Utilities that face rising costs or interest rates may slash their dividends to fix their balance sheets. On the flip side, if the economy is shaping up for a blast off and you want to pursue higher-yielding stocks, utilities may not be your best bet. (This is when tech stocks may lock up a more lucrative option.)

The most important consideration is to calibrate your expectations with your goals. Utilities stocks have unique capabilities, including unique drawbacks and benefits. 

Let's take a look at a few considerations to note prior to investing in utilities stocks: 

  • Regulation: One of the most unique aspects of utilities is the sector's regulated, controlled environment. Many utilities are regulated by state utility commissions, giving them fewer competitors and more predictable cash flows and profits. 
  • Fixed revenues: Fixed revenues opens you up to risk, particularly when commodities like oil rise. The government orders how much these companies can charge customers, which can equate to a lower earning potential. On the flip side, investors in utility stocks are largely protected from shrinking profit margins.
  • Infrastructure cost: High-cost infrastructure is one of the realities of utilities stocks. Utilities companies do better in a lower interest rate environment in large part because of the high costs of its basic physical and organizational structure and facility makeup.
  • Debt: Utilities generally carry a lot of debt because of their capital structures and high-cost infrastructure. However, they often have a high credit rating, which usually means they have a good chance of repaying their debts. As debt levels increase, however, credit quality decreases. 
  • Shifting weather trends: As more natural disasters cover the United States, utility companies find themselves in the center of a firestorm of repairs due to tornadoes, floods and numerous other types of adverse weather conditions.
  • Dividends: Utility companies can offer regular dividend increases. Utilities that charge their customers may increase dividends at a faster rate than during low inflation periods.
  • Buy-and-hold benefits: Long-term holdings can mean that you'll benefit from generating consistent income due to low volatility and stable dividends, which can also be beneficial during times of economic stagnation.

It's important to consider all the factors involved in purchasing utilities stocks, including the pros and cons that make these types of stocks unique. 

Economic headwinds can urge investors to move toward utilities stocks as a defensive play. Utility dividend stocks can do well during times of inflation, particularly if regulators allow firms to charge more and transfer a portion of their operating costs to consumers. 

Always in demand due to their essential services, utilities stocks might show risk during downed economic cycles. At the same time, in most cases, they'll be less risky than the overall stock market. 

Whenever interest rates climb, stock prices drop, which can affect utility companies. They're also vulnerable to policy shifts and due to regulation.

During this past year, the utility stock sector was over $1.5 trillion. Earnings for companies in the utilities industry have grown 15% per year over the last three years. Individually, revenues for these companies have grown 8.1% per year, which means sales and profits had been increasing for those who planted utilities in their portfolios.

Let's take a look at several utilities companies, private, for-profit companies you may want to include in your portfolio.

NextEra Energy Inc. (NYSE: NEE) distributes electric power to retail and wholesale customers in North America through wind, solar, nuclear, coal and natural gas facilities through long-term contracted assets like clean energy solutions. It offers:

  • Renewable generation facilities
  • Battery storage projects
  • Electric transmission facilities
  • Energy commodities
  • Wholesale energy markets

The company had approximately 28,564 megawatts of net generating capacity — 77,000 circuit miles of transmission and distribution lines; and 696 substations. It serves approximately 11 million people through approximately 5.7 million customer accounts in the east and lower west coasts of Florida. 

Duke Energy Corporation (NYSE: DUK), an energy company headquartered in Charlotte, North Carolina, uses coal, hydroelectric, natural gas, oil, renewable generation and nuclear fuel to generate electricity in the Carolinas, Florida and the Midwest. It also wholesales electricity to the following: 

  • Municipalities
  • Electric cooperative utilities 
  • Load-serving entities

The company owns approximately 50,259 megawatts of generation capacity and distributes natural gas to residential, commercial, industrial and power generation natural gas customers. The company operates and invests in pipeline transmission and natural gas storage facilities and serves 1.6 million customers. 

The company's wind and solar renewable generation projects also include renewable energy and energy storage services for utilities, electric cooperatives, municipalities and corporate customers.  

The Southern Company (NYSE: SO), headquartered in Atlanta, develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and electricity sales in the wholesale market across Illinois, Georgia, Virginia and Tennessee. It also provides and offers the following:

  • Gas marketing services
  • Wholesale gas services
  • Gas pipeline investment operations
  • Hydroelectric generating stations
  • Fossil fuel generating stations
  • Nuclear generating stations
  • Combined cycle/cogeneration stations
  • Solar facilities
  • Wind facilities
  • Fuel cell facilities 
  • Battery storage facilities
  • Natural gas pipelines
  • Storage facilities 

The company serves over eight million electric and gas utility customers. 

How should you approach investing in utility stocks? Let's take a look at a few key steps you can take to invest in utility stocks.

Analyzing all the aspects of a particular stock can help you choose the right companies for your particular needs. For example, it's a great idea to take a good look at dividend yield, dividend payout ratio, earnings per share and price-to-earnings ratio: 

  • Dividend yield: Many utilities stocks pay dividends. Therefore, it's a good idea to calculate the dividend yield, which is the share price a company shares with investors in the form of dividends. The dividend share price takes the dividend per share by the current share price. Let's say a company offers $2 in dividends per year at a cost of $60 per share. The dividend yield is 3%. Watch out for sky-high dividends, which can signal a red flag.
  • Dividend payout ratio: The percentage of a company's earnings paid out as dividends is the dividend payout ratio. The lower the payout ratio, the more sustainable a company's dividend. In other words, it's more likely that the company will continue to pay out the dividend. If a company earns $1 million and pays out $50,000 in dividends, the payout ratio would be $50,000 / $1 million = 5%. 
  • Earnings per share (EPS): EPS analyzes the number of outstanding shares of stock a company has. You can figure it out by determining a company's quarterly or annual net income and dividing that number by the number of outstanding shares of stock it owns.
  • Price-to-earnings (P/E) ratio: The price-to-earnings (P/E) ratio helps determine whether a stock is fairly valued. Divide a company's share price by its earnings per share to find its P/E ratio.

Other metrics can help you decide whether you've found the right utilities stock. In addition to price-to-earnings ratio, you can also look at debt-to-equity ratio (a company’s total liabilities to its shareholder equity), free cash flow (the cash flow available for a company to repay creditors or put dividends and interest toward investors) and PEG ratio (a company's P/E ratio divided by the growth rate of its earnings for a specified time period).  

If you don't already have a brokerage account, choose the right type of brokerage for your particular needs and set up your account. If you feel you need more hand-holding with your investments, consider choosing a human financial advisor. On the other hand, if you want to manage everything on your own through a robo-advisor, it'll eliminate the need for human interaction. 

Before you decide on the right investor for your specific needs, take a look at the costs and fees involved, the platform the brokerage uses and other factors that will help you invest the way you want.

Next, choose the number of shares you want to purchase and buy. Again, make sure that you choose the right investments that meet your goals and timeline for investment. Also consider aiming for diversification, which means you spread out the number of investments you have as well as the type of investments you invest in. Consider reinvesting on a regular basis, such as on a monthly basis, in order to maximize your investment potential. 

If you're looking for automatic diversification, you may want to consider an exchange-traded fund (ETF). An ETF works like a mutual fund (a pooled investment) but can be traded at any point during the trading day, like a stock. Take a look at the following utilities ETFs:

Melissa Brock

About Melissa Brock

  • brockm1@central.edu

Associate Editor & Contributing Author

Dividend Stocks, Retirement

Experience

Melissa Brock has been an associate editor & contributing writer for MarketBeat since 2021.

While working in college admission, Melissa Brock pursued a freelance writing and editing career. She currently works as a full-time freelance writer and financial editor covering higher education, investing, personal finance, mortgages, college savings, insurance, and more. 

She developed her website, College Money Tips, to help families navigate the college journey. She connects with a wide-reaching audience through her site, through an upcoming digital course, and the myriad of publications for which she writes. Melissa graduated summa cum laude with a bachelor of arts in communication studies with minors in psychology and Spanish from Central College. She's a longtime member of the National Association of College Admission Counseling (NACAC).

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