5 Stocks Pushing The Utilities Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 14,005 as of Wednesday, Feb. 20, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 991 issues advancing vs. 1,875 declining with 138 unchanged.

The Utilities sector currently sits up 0.1% versus the S&P 500, which is down 0.5%. A company within the sector that fell today was National Electricity Company of Chile ( EOC), up 0.9%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Enersis ( ENI) is one of the companies pushing the Utilities sector lower today. As of noon trading, Enersis is down $0.23 (-1.2%) to $19.37 on light volume Thus far, 119,179 shares of Enersis exchanged hands as compared to its average daily volume of 529,300 shares. The stock has ranged in price between $19.35-$19.70 after having opened the day at $19.55 as compared to the previous trading day's close of $19.60.

Enersis S.A., an electric utility company, engages in the electricity generation, transmission, and distribution businesses in Chile, Argentina, Brazil, Colombia, and Peru. Enersis has a market cap of $12.6 billion and is part of the utilities industry. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Enersis a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Enersis as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Enersis Ratings Report now.

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4. As of noon trading, Targa Resources ( TRGP) is down $0.97 (-1.5%) to $62.80 on average volume Thus far, 186,840 shares of Targa Resources exchanged hands as compared to its average daily volume of 275,700 shares. The stock has ranged in price between $62.50-$63.51 after having opened the day at $63.51 as compared to the previous trading day's close of $63.77.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. Targa Resources has a market cap of $2.7 billion and is part of the utilities industry. The company has a P/E ratio of 69.0, above the S&P 500 P/E ratio of 17.7. Shares are up 18.8% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Targa Resources a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Targa Resources as a sell. Among the areas we feel are negative, one of the most important has been poor profit margins. Get the full Targa Resources Ratings Report now.

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3. As of noon trading, ONEOK ( OKE) is down $0.21 (-0.4%) to $47.74 on light volume Thus far, 499,634 shares of ONEOK exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $47.50-$47.99 after having opened the day at $47.77 as compared to the previous trading day's close of $47.95.

ONEOK, Inc., a diversified energy company, engages in the gathering, processing, storage, and transportation of natural gas and natural gas liquids in the United States. The company operates through three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $9.8 billion and is part of the utilities industry. The company has a P/E ratio of 28.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate ONEOK a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full ONEOK Ratings Report now.

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2. As of noon trading, EQT ( EQT) is down $0.86 (-1.4%) to $59.86 on light volume Thus far, 293,969 shares of EQT exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $59.76-$60.85 after having opened the day at $60.85 as compared to the previous trading day's close of $60.72.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. EQT has a market cap of $8.9 billion and is part of the utilities industry. The company has a P/E ratio of 39.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate EQT a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full EQT Ratings Report now.

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1. As of noon trading, Exelon ( EXC) is down $0.16 (-0.5%) to $30.43 on average volume Thus far, 3.2 million shares of Exelon exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $30.28-$30.59 after having opened the day at $30.52 as compared to the previous trading day's close of $30.59.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. Exelon has a market cap of $26.2 billion and is part of the utilities industry. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are up 3.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Exelon a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Exelon as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Exelon Ratings Report now.

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If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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