Against the current: Markets slid, yet Ormat Technologies, Inc., NRG Energy Inc, PG&E Corporation went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as Dow Jones slipped 0.77% and closed at 32,800. S&P 500 shed 0.73% and closed at 4,115.24.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — highly important Crude Oil Inventories data from United States beat analyst expectations of -920,000 with a reading of -12.46 million.
Despite markets falling yesterday, some utilities stocks managed to post gains. Have a look at these Top Gainers.
NRG Energy | Closed +0.53% at $34
The Houston-based energy supplier has shed 19.46% over the past six months. So far this year, it has been under-performing the S&P by 2.38%. NRG Energy is currently trading with a market cap of $7.83 billion with an average daily trading volume of 5.36 million shares. NRG last reported revenue of $7.72 billion with an EPS of 86 cents.
+0.37%: Pacific Gas & Electric posts solid session with 0.37% gain; upside capped at $16.47
After dipping down to $16.27, Pacific Gas & Electric regained earlier losses and ended up at $16.47. Pacific Gas & Electric's market cap currently stands at $40.74 billion with an average daily volume of 15.59 million shares. So far this year, it has been under-performing the Nasdaq by 11.64%.
Ormat Technologies, Inc. | Closed +0.88% at $85.2
Ormat Technologies, Inc. rallied 74 cents (0.88%) deep into the session, closing at $85.2.