EQT Corp (EQT): Today's Featured Utilities Winner

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.

EQT ( EQT) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.3%. By the end of trading, EQT rose $1.53 (1.8%) to $87.28 on light volume. Throughout the day, 687,068 shares of EQT exchanged hands as compared to its average daily volume of 1,167,500 shares. The stock ranged in a price between $85.43-$87.34 after having opened the day at $85.87 as compared to the previous trading day's close of $85.75. Other companies within the Utilities sector that increased today were: Pure Cycle Corporation ( PCYO), up 5.6%, Huaneng Power International ( HNP), up 3.1%, Fuelcell Energy ( FCEL), up 3.1% and Consolidated Water Company ( CWCO), up 2.2%.

Natural Gas Utility, (NYSE: EQT), natural gas production and gathering, natural gas distribution and transmission in the Appalachian area, and energy infrastructure and efficiency solutions primarily in the northeastern section of the United States and in selected international markets. EQT has a market cap of $13.0 billion and is part of the utilities industry. Shares are up 45.4% year to date as of the close of trading on Tuesday. 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.

On the negative front, Calpine ( CPN), down 3.5%, GreenHunter Resources ( GRH), down 2.5%, PVR Partners ( PVR), down 2.4% and NRG Energy ( NRG), down 2.0% , were all laggards within the utilities sector with NextEra Energy ( NEE) being today's utilities sector laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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