Top Utilities Stocks for November 2021

3 years ago 345

NRG is apical for worth and maturation and UGI is for momentum

Updated November 01, 2021

The utilities sector is made up of companies that supply electricity, earthy gas, water, sewage, and different services to homes and businesses. Many of these companies are heavy regulated. They see large utilities companies specified arsenic Dominion Energy Inc. (D), Duke Energy Corp. (DUK), and Xcel Energy Inc. (XEL).

Utilities stocks, arsenic represented by the Utilities Select Sector SPDR ETF (XLU), an exchange-traded fund, person underperformed the broader marketplace implicit the past year. XLU has provided a full instrumentality of 10.6% implicit the past 12 months, compared with the Russell 1000 (IWB) Index’s full instrumentality of 42.6%. These marketplace show numbers and each statistic successful the tables beneath are arsenic of Oct. 28, 2021.

Here are the apical 3 utilities stocks with the champion value, fastest growth, and astir momentum.

Best Value Utilities Stocks

These are the utilities stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits tin beryllium returned to shareholders successful the signifier of dividends and buybacks, a debased P/E ratio shows that you’re paying little for each dollar of nett generated.

Best Value Utilities Stocks
  Price ($) Market Cap ($B) 12-Month Trailing P/E Ratio
NRG Energy Inc. (NRG) 40.99 10.0 9.4
UGI Corp. (UGI) 40.68 9.3 9.9
Pinnacle West Capital Corp. (PNW) 67.62 7.6 13.2

Source: YCharts

  • UGI Corp.: UGI is simply a home and planetary distributor of vigor products and services. It offers propane, earthy gas, and electricity. On October 21, UGI person regulatory clearance for a renewable earthy state aviator programme successful Pennsylvania. On October 26, UGI and Global Common Energy denote a 3rd renewable earthy state task successful upstate New York. UGI Corporation volition clasp a Q4 fiscal twelvemonth (FY) 2021 net league telephone and webcast connected Friday, November 19.
  • NRG Energy Inc.: NRG Energy owns and operates power-generating facilities, chiefly successful the United States. The institution provides vigor production, cogeneration facilities, thermal vigor production, and assets betterment facilities and services. NRG Energy volition study Q3 2021 fiscal results connected Nov. 4, 2021.
  • Pinnacle West Capital Corp.: Pinnacle West Capital is simply a inferior holding company. Through a subsidiary, the institution offers retail and wholesale electrical services passim the authorities of Arizona. The institution is besides progressive successful existent property improvement activities. Pinnacle's adjacent quarterly fiscal study volition beryllium released connected Nov. 5, 2021.

Fastest Growing Utilities Stocks

These are the apical utilities stocks arsenic ranked by a growth model that scores companies based connected a 50/50 weighting of their astir caller quarterly YOY percentage revenue growth and astir caller quarterly YOY earnings-per-share (EPS) growth. Both income and net are captious factors successful the occurrence of a company. Therefore, ranking companies by lone 1 maturation metric makes a ranking susceptible to the accounting anomalies of that 4th (such arsenic changes successful taxation instrumentality oregon restructuring costs) that whitethorn marque 1 fig oregon the different unrepresentative of the concern successful general. Companies with quarterly EPS oregon gross maturation of much than 2,500% were excluded arsenic outliers.

Fastest Growing Utilities Stocks
  Price ($) Market Cap ($B) EPS Growth (%) Revenue Growth (%)
NRG Energy Inc. (NRG) 42.99 10.0 246.5 134.3
CenterPoint Energy Inc. (CNP) 26.68 15.8 236.4 10.6
UGI Corp. (UGI) 44.68 9.3 73.2 24.8

Source: YCharts

  • NRG Energy Inc.: See institution statement above.
  • CenterPoint Energy Inc.: CenterPoint Energy is simply a nationalist inferior holding company. Through subsidiaries, CenterPoint provides energy transmission and distribution, interstate pipeline operations, earthy state distribution, and powerfulness generation, among different related services. On Oct. 27, 2021 CenterPoint Energy received support for 400 megawatts of renewable vigor serving southwestern Indiana. The companies adjacent fiscal study is expected connected Nov. 4, 2021.
  • UGI Corp.: See institution statement above.

Utilities Stocks with the Most Momentum

These are the utilities stocks that had the highest full instrumentality implicit the past 12 months.

Utilities Stocks with the Most Momentum
Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
UGI Corp. (UGI) 44.68 9.3 31.1
Exelon Corp. (EXC) 52.02 50.9 29.2
The AES Corp (AES) 25.37 16.9 26.4
Russell 1000 (IWF) N/A N/A 40.7
Utilities Select Sector SPDR ETF (XLU) N/A N/A 17.8

Source: YCharts

  • Exelon Corp.: Exelon is simply a inferior services holding company. It distributes energy to customers successful Illinois and Pennsylvania done subsidiaries, distributes state successful the Philadelphia area, and operates atomic powerfulness plants successful respective states. The company's adjacent net study is owed retired connected Nov. 3, 2021.
  • UGI Corp.: See institution statement above.
  • The AES Corp.: AES is simply a powerfulness institution that produces and distributes electrical powerfulness successful 15 countries. In caller years the institution has been precise progressive successful the renewable vigor sector. On October 25, the institution announced a caller "Smart Operations Center," successful Dayton, Ohio to amended the ratio of its US operations. AES reports Q3 net connected Nov. 4, 2021.

The comments, opinions, and analyses expressed herein are for informational purposes lone and should not beryllium considered idiosyncratic concern proposal oregon recommendations to put successful immoderate information oregon follow immoderate concern strategy. While we judge the accusation provided herein is reliable, we bash not warrant its accuracy oregon completeness. The views and strategies described successful our contented whitethorn not beryllium suitable for each investors. Because marketplace and economical conditions are taxable to accelerated change, each comments, opinions, and analyses contained wrong our contented are rendered arsenic of the day of the posting and whitethorn alteration without notice. The worldly is not intended arsenic a implicit investigation of each worldly information regarding immoderate country, region, market, industry, investment, oregon strategy.

Article Sources

Investopedia requires writers to usage superior sources to enactment their work. These see achromatic papers, authorities data, archetypal reporting, and interviews with manufacture experts. We besides notation archetypal probe from different reputable publishers wherever appropriate. You tin larn much astir the standards we travel successful producing accurate, unbiased contented successful our editorial policy.

  1. YCharts. “Financial Data.” Accessed Sept. 26, 2021.

  2. UGI Corporation. "UGI Receives Regulatory Approval for a Renewable Natural Gas Pilot Project." Accessed connected Oct. 28, 2021.

  3. UGI Corp. "UGI and Global Common Energy Announce Third RNG Project successful Upstate New York." Accessed connected Oct. 28, 2021.

  4. UGI Corp. "UGI Corporation to Hold 4QFY21 Earnings Conference Call and Webcast connected Friday, November 19." Accessed Oct. 28, 2021.

  5. NRG Energy. "NRG Energy, Inc. to Report Third Quarter 2021 Financial Results connected November 4, 2021." Accessed Oct. 28, 2021

  6. Pinnacle West Capital Corp. "Pinnacle West Sets Date for 2021 Third-Quarter Financial Results, Webcast/Conference Call." Accessed Oct. 28, 2021.

  7. CenterPoint Energy. "CenterPoint Energy receives support for 400 megawatts of renewable vigor serving southwestern Indiana." Accessed Oct. 28, 2021.

  8. CenterPoint Energy. "CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2021 Earnings Conference Call." Accessed Oct. 28, 2021.

  9. Exelon. "Q3 2021 EXELON CORPORATION EARNINGS CONFERENCE CALL." Accessed Oct. 28, 2021.

  10. AES. "Our history." Accessed Oct. 28, 2021

  11. Dayton Business Journal. "Company unveils caller Smart Operations Center successful Dayton." Accessed Oct. 28, 2021.

  12. AES Corp. "The AES Corporation Q3 2021 Financial Review." Accessed Oct. 28, 2021.

Read Entire Article