Calpine Corp (CPN): Today's Featured Utilities Winner

Calpine ( CPN) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.3%. By the end of trading, Calpine rose 33 cents (1.9%) to $17.60 on average volume. Throughout the day, 4.7 million shares of Calpine exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in a price between $17.39-$17.83 after having opened the day at $17.70 as compared to the previous trading day's close of $17.27. Other companies within the Utilities sector that increased today were: Distribution and Marketing Company of the N ( EDN), up 15.7%, Pure Cycle Corporation ( PCYO), up 5.2%, Basic Sanitation Company of the State of Sa ( SBS), up 3.3%, and Black Hills Corporation ( BKH), up 2.9%.

Calpine Corporation, an independent wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines, as well as cogeneration power plants. Calpine has a market cap of $8.37 billion and is part of the utilities industry. The company has a P/E ratio of 86.7, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 6.1% year to date as of the close of trading on Monday. Currently there are six analysts that rate Calpine a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Calpine as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, weak operating cash flow and poor profit margins.

On the negative front, Just Energy Group ( JE), down 11%, Ellomay Capital ( ELLO), down 4.9%, American DG Energy ( ADGE), down 4.6%, and Clean Energy Fuels Corporation ( CLNE), down 2.7%, were all losers within the utilities sector with Duke Energy Corporation ( DUK) 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).
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