Markets were flat yesterday, yet Evergy Inc, Xcel Energy Inc, OGE Energy Corp. showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday, as after dropping 1.07%, Nasdaq closed at 12,000. S&P 500 was down 0.25% before closing the session at 4,090.38.
This limbo state is reflected by published market data as highly important Crude Oil Inventories data from United States beat analyst expectations of -2.33 million with a reading of -3.74 million.
Despite yesterday's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+3.9%: yesterday Xcel Energy increased by 3.9%, ended the session at $71.12
The public utility holding company topped out at $71.29 having ended yesterday at $71.12. However, despite early momentum, the stock gave up its gains to now trade at $71.12. Currently, the electric and natural gas server has a market capitalization of $39.11 billion with an average daily volume of 3.68 million shares. So far this year, it has been under-performing the Nasdaq by 11.72%.
Evergy | Closed +4% at $63.15
After having closed Tuesday at $60.72, the electric services company rallied above $63.17 yesterday, for the first time in 2 months — gaining $2.43 — and closed at $63.15. Having soared to a high of $72.62 approximately 11 months ago, the electric services company is now trading 16.39% lower. So far this year, it has been doing worse than the S&P 500 by 6.13%. Evergy's market cap currently stands at $14.50 billion with an average daily trading volume of 1.51 million shares. Evergy has a forecast of $927.85 million with an EPS of 22 cents.
OGE | Closed +3.78% at $38.96
After closing yesterday at $38.96, the Oklahoma-based electric utility provider peaked at $39.09 before giving up early gains and closing at $38.96.