Published July 16, 2012
The Utilities sector (XLU) showed little movement on a trading day that saw S&P 500 fall 0.2%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up 0.1% over the last seven trading days, but XLU was up 1.7%.
Cadiz (CDZI) was a major loser in the sector, falling 8% (-62 cents) to close at $7.15 with 68,090 shares moving. The stock traded in a range of $7.04 to $7.73. Over the last three months, the stock has lost $1.30 (-15.4%) from a price of $8.45 on April 18, 2012.
Atlas Energy (ATLS) was a major gainer in the sector, rising 3.1% (+96 cents) to close at $31.91 with 160,998 shares moving. The stock traded in a range of $30.96 to $31.99. The stock is down over the last three months, having fallen $4.81 (-13.1%) from $36.72 on April 18, 2012.
DCP Midstream Partners (DPM) declined 1.4% to close at $41.64, moving below its 50-day moving average of $40.34 and 200-day moving average of $43.79.
Companhia Paranaense de Energia (ELP) rose 1.6% to close at $20.91, approaching its 50-day moving average of $21.12. It has also moved closer to its 200-day moving average of $22.31. TECO Energy (TE) fell 2.1% to close at $17.91, moving closer to its 50-day moving average of $17.90. Also, the stock moved closer to its 200-day moving average of $17.90.
Enterprise Products Partners L.P (EPD) hit a new 52-week high today, reaching $53.79 to top the previous high of $52.95.