Share Price Trends for 7 Utilities Stocks – MEZ, APA, AGL, AST, MCY, SKI, GNE

  • Nov 18, 2019 AEDT
  • Team Kalkine
Share Price Trends for 7 Utilities Stocks – MEZ, APA, AGL, AST, MCY, SKI, GNE

The sector that comprises of gas, water, electric and other infrastructure firms are utilities stocks. Recently, complementary energy production has been added as a subcategory of the conventional utility companies. This includes solar electric firms and wind turbine companies.

Due to their relative stability these stocks are favoured by investors. Because of the necessity of the products they provide, these stocks are seen as steady and dependable through economic turmoil and are also viewed as leading indicators of economic recovery. These shares are vulnerable to movement in commodity prices, like natural gas or coal, but they generally pass those costs to its customers.

Let’s have a look at seven trending utilities stocks.

Meridian Energy Limited (ASX: MEZ)

Meridian Energy Limited is involved with the retailing and production of electricity. It is one of the leading power companies in New Zealand, that generates power from only 100% renewable resources.

Price Performance (Source: ASX)

Share Price Trend

The stock of MEZ was trading at $4.210 per share on 18th November 2019 (at AEST 3:12 PM), down by 1.174%. The company has a market capitalisation of $10.92 billion as on 18th November 2019 with an annual dividend yield of 3.38%. The total outstanding shares of the company stood at 2.56 billion, and its 52-week low and high is $2.869 and $5.435, respectively. The stock has given a total return of -4.90% and 6.19% in the time period of 3 months and 6 months, respectively.

APA Group (ASX: APA)

APA Group is engaged in the business of ownership and operation of energy infrastructure assets and businesses, including energy infrastructure, including gas transmission, gas storage and processing, and gas-fired and renewable energy power generation businesses located across Australia.

Share Price Trend

The stock of APA was trading at $11.060 per share on 18th November 2019 (at AEST 3:27 PM), down by 0.807%. The company has a market capitalisation of $13.16 billion as on 18th November 2019 with an annual dividend yield of 4.22%. The total outstanding shares of the company stood at 1.18 billion, and its 52-week low and high is $8.370 and $11.850, respectively. The stock has given a total return of 6.49% and 9.53% in the time period of 3 months and 6 months, respectively.

AGL Energy Limited (ASX: AGL)

AGL Energy Limited is engaged in the operations of energy businesses and investments, including energy generation, gas storage and sale of electricity and gas to residences, business and wholesale customers.

Price Performance (Source: ASX)

Share Price Trend

The stock of AGL was trading at $20.010 per share on 18th November 2019, down by 0.596%. The company has a market capitalisation of $13.07 billion as on 18th November 2019 with an annual dividend yield of 5.91%. The total outstanding shares of the company stood at 649.03 million, and its 52-week low and high is $17.950 and $23.210, respectively. The stock has given a total return of 7.19% and -10.89% in the time period of 3 months and 6 months, respectively.

AusNet Services Limited (ASX: AST)

AusNet Services Limited is a diversified Australian energy infrastructure business, which owns and operates almost $13 billion of electricity and gas network assets, which delivers safe and reliable gas and electricity to more than 1.4 million customers across Victoria.

Price Performance (Source: ASX)

Share Price Trend

The stock of AST was trading at $1.76 per share on 18th November 2019, (at AEST 3:52 PM) dipping by 4.348%. The company has a market capitalisation of $6.79 billion as on 18th November 2019 with an annual dividend yield of 5.41%. The total outstanding shares of the company stood at 3.69 billion, and its 52-week low and high is $1.520 and $1.995, respectively. The stock has given a total return of 3.95% and 0.27% in the time period of 3 months and 6 months, respectively.

Mercury NZ Limited (ASX: MCY)

Mercury NZ Limited is engaged in electricity generation and electricity retailing, whose core strength lies in harnessing renewable energy and innovating for its consumers. It is dually listed on both the ASX and the NZX under the ticker symbol of “MCY”.

Share Price Trend

The stock of MCY was trading at $4.6 per share on 18 November 2019(at AEST 3:58 PM), dipping by 2.954%. The company has a market capitalisation of $6.46 billion as on 18th November 2019 with an annual dividend yield of 3.08%. The total outstanding shares of the company stood at 1.36 billion, and its 52-week low and high is $3.120 and $5.290, respectively. The stock has given a total return of 29.86% and 28.80% in the time period of 3 months and 6 months, respectively.

Spark Infrastructure Group (ASX: SKI)

Spark Infrastructure Group invests in essential service infrastructure businesses, primarily electricity distribution and transmission businesses in Australia, and the company has $17.1 billion of energy network assets in total and delivers energy to more than 5.6 million customers across three states.

Share Price Trend

The stock of SKI closed the day’s trading session at $2.065 per share on 18th November 2019, down by 1.196% from its previous closing price. The company has a market capitalisation of $3.55 billion as on 18th November 2019 with an annual dividend yield of 7.42%. The total outstanding shares of the company stood at 1.7 billion, and its 52-week low and high is $2.000 and $2.555, respectively. The stock has given a total return of -8.73% and -7.52% in the time period of 3 months and 6 months, respectively.

Genesis Energy Limited (ASX: GNE)

Genesis Energy Limited is a diversified New Zealand based entity dealing with energy. It is into the selling of reticulated natural gas, Liquefied petroleum gas and electricity under its retail brands of Genesis Energy and Energy Online. It is the largest energy retailer with a customer base of around 500,000 customers. It has its assets located in different parts of New Zealand through which it generates electricity from a diverse portfolio of thermal and renewable generation.

Share Price Trend

The stock of GNE closed the day’s trading session at $2.980 per share on 18th November 2019, down by 0.334% from its previous closing price. The company has a market capitalisation of $3.08 billion as on 18th November 2019 with an annual dividend yield of 5.22%. The total outstanding shares of the company stood at 1.03 billion, and its 52-week low and high is $2.250 and $3.470, respectively. The stock has given a total return of -8.00% and 1.70% in the time period of 1 month and 6 months, respectively.


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