Stocks to Watch in the Utilities Sector (RRI, PEG, CHG)
Utilities Sector Stocks on Friday.
(EMAILWIRE.COM, August 01, 2010 ) Dallas, Tx - Reliant Resources Inc. (NYSE: RRI) remained unchanged in the after hours trading yesterday. The current share price is $4.03 up by 2.28% on a volume of 1,727,082 shares. The average daily volume of stock is 5.37M shares. The 52-week price range of the share is 3.50 - 7.64.It is today is reporting open EBITDA of $4 million for the second quarter of 2010, compared to ($10) million for the second quarter of 2009.
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The improvement was primarily due to improved energy margins and capacity prices. A break-even EBITDA was reported compared to a loss in the second quarter of 2009. This was attributed to reduction in losses due to coal hedges. RRI Energy, Inc., provides energy, capacity, ancillary and other energy services to wholesale customers in competitive energy markets in the United States through its ownership and operation of and contracting for power generation capacity.
Public Services Group Inc. (NYSE: PEG) remained unchanged in the after hours trading yesterday. The current share price is $33.16 down by 1.95% on a volume of 1227,375 shares. The average daily volume of stock is 3.51 M shares. The 52-week price range of the share is 32.20 - 33.75. PEG’s second-quarter net income dropped 28% to $244 million, or 44 cents a share, from $311 million, or 61 cents a share, in the year-ago period.
Looking ahead, the company stuck to its 2010 profit forecast of $3 a share to $3.25 a share. The company attributed the weak results to weak economic conditions and low energy prices. Public Service Enterprise Group Inc. (PSEG) is a holding company that operates through three principal direct wholly owned subsidiaries: PSEG Power LLC, Public Service Electric and Gas Company, and PSEG Energy Holdings LLC.
CH Energy Group Inc.(NYSE: CHG) went down by .59% in after hours trading yesterday. The current share price is $42.25 down by .71% on a volume of 10,549 shares. The average daily volume of the stock is 51,000 shares per day. The 52 week price range is 37.75 - 51.27. CH energy group earned 43 cents per share for the second quarter of 2010, as compared to the 9-cent loss that was posted during the same period of 2009. CH Energy Group, Inc. (CH Energy Group) is the holding company of Central Hudson Gas & Electric Corporation and Central Hudson Enterprises Corporation (CHEC). Central Hudson is a regulated electric and natural gas company.
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The improvement was primarily due to improved energy margins and capacity prices. A break-even EBITDA was reported compared to a loss in the second quarter of 2009. This was attributed to reduction in losses due to coal hedges. RRI Energy, Inc., provides energy, capacity, ancillary and other energy services to wholesale customers in competitive energy markets in the United States through its ownership and operation of and contracting for power generation capacity.
Public Services Group Inc. (NYSE: PEG) remained unchanged in the after hours trading yesterday. The current share price is $33.16 down by 1.95% on a volume of 1227,375 shares. The average daily volume of stock is 3.51 M shares. The 52-week price range of the share is 32.20 - 33.75. PEG’s second-quarter net income dropped 28% to $244 million, or 44 cents a share, from $311 million, or 61 cents a share, in the year-ago period.
Looking ahead, the company stuck to its 2010 profit forecast of $3 a share to $3.25 a share. The company attributed the weak results to weak economic conditions and low energy prices. Public Service Enterprise Group Inc. (PSEG) is a holding company that operates through three principal direct wholly owned subsidiaries: PSEG Power LLC, Public Service Electric and Gas Company, and PSEG Energy Holdings LLC.
CH Energy Group Inc.(NYSE: CHG) went down by .59% in after hours trading yesterday. The current share price is $42.25 down by .71% on a volume of 10,549 shares. The average daily volume of the stock is 51,000 shares per day. The 52 week price range is 37.75 - 51.27. CH energy group earned 43 cents per share for the second quarter of 2010, as compared to the 9-cent loss that was posted during the same period of 2009. CH Energy Group, Inc. (CH Energy Group) is the holding company of Central Hudson Gas & Electric Corporation and Central Hudson Enterprises Corporation (CHEC). Central Hudson is a regulated electric and natural gas company.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert offers stock newsletters on various hot stocks of the day. Our stock news on top stocks, small cap penny stocks and other stocks, help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily penny stock alerts. You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.
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