4 Utilities Stocks Dragging The Sector Down

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 20 points (0.1%) at 14,984 as of Friday, Aug. 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,794 issues advancing vs. 1,149 declining with 104 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Companhia De Saneamento Basico Do Estado De ( SBS), up 2.2%, Empresa Nacional de ElectricidadSA ( EOC), up 1.4%, Consolidated Edison ( ED), up 0.9% and TransCanada ( TRP), up 0.6%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector lower today. As of noon trading, Korea Electric Power is down $0.22 (-1.7%) to $12.86 on average volume. Thus far, 153,760 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 369,400 shares. The stock has ranged in price between $12.85-$12.98 after having opened the day at $12.96 as compared to the previous trading day's close of $13.08.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. Korea Electric Power has a market cap of $16.0 billion and is part of the utilities industry. Shares are down 8.0% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins. Get the full Korea Electric Power Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Calpine ( CPN) is down $0.14 (-0.7%) to $19.36 on light volume. Thus far, 673,518 shares of Calpine exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $19.33-$19.53 after having opened the day at $19.51 as compared to the previous trading day's close of $19.50.

Calpine Corporation, a 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 $8.5 billion and is part of the utilities industry. Shares are up 6.7% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Calpine a buy, no analysts rate it a sell, and 5 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 high debt management risk and poor profit margins. Get the full Calpine Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, NRG Energy ( NRG) is down $0.21 (-0.8%) to $26.16 on light volume. Thus far, 937,252 shares of NRG Energy exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $26.11-$26.49 after having opened the day at $26.46 as compared to the previous trading day's close of $26.37.

NRG Energy, Inc., together with its subsidiaries, operates as an integrated wholesale power generation and retail electricity company. The company engages in the ownership, development, construction, expansion, modification, refurbishment, and operation of power generation facilities. NRG Energy has a market cap of $8.5 billion and is part of the utilities industry. Shares are up 15.0% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate NRG Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NRG Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full NRG Energy Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, EQT ( EQT) is down $0.33 (-0.4%) to $85.28 on light volume. Thus far, 193,157 shares of EQT exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $84.57-$85.60 after having opened the day at $85.39 as compared to the previous trading day's close of $85.61.

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 $12.5 billion and is part of the utilities industry. Shares are up 40.9% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate EQT a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full EQT Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 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).

null

More from Markets

This Will Be the Ultimate Buy (or Sell) Signal for Stocks

This Will Be the Ultimate Buy (or Sell) Signal for Stocks

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Here's What Wall Street Is Watching Monday as Stocks Nosedive

Here's What Wall Street Is Watching Monday as Stocks Nosedive

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Jim Cramer: Reports of Attempted Trade Truce With China Are False

Jim Cramer: Reports of Attempted Trade Truce With China Are False