3 Utilities Stocks Pushing The Sector Higher

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 26 points (-0.2%) at 17,225 as of Wednesday, March 16, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,758 issues advancing vs. 1,148 declining with 164 unchanged.

The Utilities sector currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the sector include Targa Resources ( TRGP), up 8.1%, ONEOK ( OKE), up 3.8% and EQT ( EQT), up 3.0%. On the negative front, top decliners within the sector include Exelon ( EXC), down 0.9%, and Dominion Resources ( D), down 0.8%.

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

3. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Korea Electric Power is up $0.58 (2.4%) to $24.75 on heavy volume. Thus far, 492,124 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 438,800 shares. The stock has ranged in price between $24.48-$24.82 after having opened the day at $24.67 as compared to the previous trading day's close of $24.17.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Korea Electric Power Corporation, integrated electric utility company, generates, transmits, and distributes electricity in Korea and internationally. Korea Electric Power has a market cap of $31.2 billion and is part of the utilities industry. Shares are up 14.2% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Korea Electric Power a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Korea Electric Power Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Western Gas Equity Partners ( WGP) is up $0.82 (2.6%) to $31.92 on light volume. Thus far, 38,453 shares of Western Gas Equity Partners exchanged hands as compared to its average daily volume of 372,500 shares. The stock has ranged in price between $31.33-$32.05 after having opened the day at $31.47 as compared to the previous trading day's close of $31.10.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Western Gas Equity Partners, LP gathers, processes, compresses, treats, and transports natural gas, condensate, NGLs and crude oil primarily in the United States. Western Gas Equity Partners has a market cap of $7.0 billion and is part of the energy industry. Shares are down 14.3% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Western Gas Equity Partners a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Western Gas Equity Partners as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk. Get the full Western Gas Equity Partners Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, NRG Energy ( NRG) is up $0.36 (2.7%) to $13.66 on light volume. Thus far, 1.7 million shares of NRG Energy exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $13.24-$13.70 after having opened the day at $13.24 as compared to the previous trading day's close of $13.30.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

NRG Energy, Inc., together with its subsidiaries, operates as a power company. NRG Energy has a market cap of $4.3 billion and is part of the utilities industry. Shares are up 13.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate NRG Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NRG Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full NRG Energy Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).

More from Markets

Starbucks Slides After 'Unacceptable' Performance Leads to U.S. Store Closures

Starbucks Slides After 'Unacceptable' Performance Leads to U.S. Store Closures

Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge

Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Global Markets Hit Hard; AMC Entertainment Sells Stake in Ad Unit -- ICYMI

Global Markets Hit Hard; AMC Entertainment Sells Stake in Ad Unit -- ICYMI

CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'

CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'