New Fortress Energy Inc., Algonquin Power & Utilities Corp., Korea Electric Power Corporation made yesterday's list of top gainers.
Leading equity indices in the US rose as Nasdaq ended the session at 11,600 after a 0.72% gain. S&P 500 closed the day at 4,012.32, having gained 0.53%.
Uptick coincides with some positive signs published earlier as data from United States concerning Crude Oil Inventories was released yesterday at 16:00 UTC. Newly published figures emphasized continued decline from last month's figure of 16.28 million to 7.65 million this month.
Here are the biggest utilities stocks gainers from yesterday.
+1.44%: bullish mood lifts Korea Electric Power to session high of $7.07
After closing Wednesday at $6.94, Korea Electric Power Corporation closed at $7.04 yesterday after climbing to $7.07 and dropping back down. South Korea's largest electric utility company's market cap currently stands at $9 billion with an average daily trading volume of 119,462 shares. So far this year, it has been under-performing the Nasdaq by 19.86%.
Algonquin Power & Utilities | Closed +2.2% at $7.91
The Canadian renewable energy provider has shed 44.95% over the past six months. So far this year, it has been beating the Nasdaq by 7.53%. Currently, the Canadian renewable energy provider has a market capitalization of $5.44 billion with an average daily volume of 4.69 million shares. Algonquin Power & Utilities has a forecast of $594.76 million with an EPS of 16 cents.
+5.27%: New Fortress Energy closes at $39.54 after gaining 5.27%
The clean energy provider went up to $39.54, gaining 5.27%. The company is currently trading with a market cap of $8.25 billion with an average daily volume of 1.37 million shares.
New Fortress Energy is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 0.66 and the consensus revenue estimate is $618.64 million.