Atlas Energy LP (ATLS): Today's Featured Utilities Loser

Atlas Energy ( ATLS) pushed the Utilities sector lower today making it today's featured Utilities loser. The sector as a whole closed the day up 0.4%. By the end of trading, Atlas Energy fell $1.15 (-3.2%) to $34.51 on average volume. Throughout the day, 346,616 shares of Atlas Energy exchanged hands as compared to its average daily volume of 345,700 shares. The stock ranged in price between $34.06-$35.72 after having opened the day at $35.59 as compared to the previous trading day's close of $35.66. Other company's within the Utilities sector that declined today were: Transportadora de Gas del Sur ( TGS), down 7.9%, Distribution and Marketing Company of the N ( EDN), down 6.9%, China Hydroelectric Corporation ( CHC), down 6.4%, and Delta Natural Gas Company ( DGAS), down 4.4%.

Atlas Energy, L.P. engages in the development and production of natural gas and oil in the Appalachian basin, Illinois basin, and the Rocky Mountain region of the United States. Atlas Energy has a market cap of $1.86 billion and is part of the utilities industry. Shares are up 62.6% year to date as of the close of trading on Wednesday. Currently there is one analyst that rates Atlas Energy a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Atlas Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity.

On the positive front, Dynegy ( DYN), up 7.7%, Huaneng Power International ( HNP), up 3.7%, Centrais Eletricas Brasileiras ( EBR), up 3.1%, and Ellomay Capital ( ELLO), up 2.6%, were all gainers within the utilities sector with American Electric Power ( AEP) being today's featured utilities sector winner.

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).
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