Dominion Resources Inc (D): Today's Featured Utilities Winner

Dominion Resources ( D) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.5%. By the end of trading, Dominion Resources rose 65 cents (1.3%) to $51.89 on average volume. Throughout the day, 3.6 million shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in a price between $51.15-$52.21 after having opened the day at $51.97 as compared to the previous trading day's close of $51.24. Other companies within the Utilities sector that increased today were: Dynegy ( DYN), up 18.3%, Inergy L.P ( NRGY), up 15.9%, GreenHunter Energy ( GRH), up 5.3%, and Delta Natural Gas Company ( DGAS), up 4%.

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. Dominion Resources has a market cap of $28.99 billion and is part of the utilities industry. The company has a P/E ratio of 20.7, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 3.5% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate Dominion Resources a buy, one analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Dominion Resources as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Distribution and Marketing Company of the N ( EDN), down 10.3%, China Hydroelectric Corporation ( CHC), down 3.7%, Consolidated Water Company ( CWCO), down 2.5%, and Centrais Eletricas Brasileiras ( EBR.B), down 2.3%, were all losers within the utilities sector with Enersis ( ENI) being today's utilities sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP).