3 Utilities Stocks Nudging The Sector Higher

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 17,673 as of Wednesday, Nov. 19, 2014, 12:10 PM ET. The NYSE advances/declines ratio sits at 967 issues advancing vs. 1,986 declining with 177 unchanged.

The Utilities sector currently sits down 0.3% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Centrais Eletricas Brasileiras ( EBR), up 9.3%, Centrais Eletricas Brasileiras ( EBR.B), up 4.0%, TransCanada ( TRP), up 2.0% and Korea Electric Power ( KEP), up 1.3%. A company within the sector that fell today was Huaneng Power International ( HNP), up 1.4%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. Western Gas Equity Partners ( WGP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Western Gas Equity Partners is up $0.61 (0.9%) to $64.99 on light volume. Thus far, 38,908 shares of Western Gas Equity Partners exchanged hands as compared to its average daily volume of 120,400 shares. The stock has ranged in price between $64.35-$66.00 after having opened the day at $64.45 as compared to the previous trading day's close of $64.38.

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

Western Gas Equity Partners, LP is engaged in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil in the United States. Western Gas Equity Partners has a market cap of $13.8 billion and is part of the energy industry. Shares are up 63.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Western Gas Equity Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Western Gas Equity Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its premium valuation and generally high debt management risk. Get the full Western Gas Equity Partners 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, Energy Company of Parana ( ELP) is up $0.60 (4.8%) to $13.00 on light volume. Thus far, 200,912 shares of Energy Company of Parana exchanged hands as compared to its average daily volume of 650,300 shares. The stock has ranged in price between $12.71-$13.16 after having opened the day at $13.15 as compared to the previous trading day's close of $12.40.

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

Companhia Paranaense de Energia - COPEL is engaged in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. Energy Company of Parana has a market cap of $3.3 billion and is part of the utilities industry. Shares are down 5.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Energy Company of Parana a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Company of Parana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Energy Company of Parana 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 up $1.91 (2.0%) to $95.49 on light volume. Thus far, 482,455 shares of EQT exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $93.57-$95.56 after having opened the day at $94.15 as compared to the previous trading day's close of $93.58.

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

EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. EQT has a market cap of $14.1 billion and is part of the energy industry. Shares are up 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate EQT a buy, no analysts rate it a sell, and 3 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, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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 3 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).

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