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 0.1%. By the end of trading, EQT rose $3.50 (3.8%) to $95.63 on heavy volume. Throughout the day, 2,506,925 shares of EQT exchanged hands as compared to its average daily volume of 1,399,600 shares. The stock ranged in a price between $92.64-$96.49 after having opened the day at $92.80 as compared to the previous trading day's close of $92.13. Other companies within the Utilities sector that increased today were: GreenHunter Resources ( GRH), up 5.5%, ONEOK ( OKE), up 4.8%, MDU Resources Group ( MDU), up 3.2% and Cosan ( CZZ), up 3.1%.

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 $14.0 billion and is part of the utilities industry. The company has a P/E ratio of 43.4, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Monday. 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, compelling growth in net income and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Cadiz ( CDZI), down 2.4%, Consolidated Water Company ( CWCO), down 2.3%, Atlantic Power Corporation ( AT), down 2.1% and Dominion Resources ( D), down 1.9% , 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).

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