Utilities End Last Week of July in Style, Sector ETF Up 3.8%
All 41 utilities under our coverage gained during the week due to favorable macroeconomic data and strong earnings.
South Central and Pacific Northwest drag US electricity production
Barring the Central Industrial, Southeast, and Pacific Southwest, all US divisions registered a drop in week-over-week electricity production.
Teco and Northeast bleed, dragging power utilities down
Among power utilities, Teco Energy (TE) saw the biggest drop in share prices for the week ended February 13, 2015. Teco share prices fell by 7.0%.
Utilities performance linked to regional electricity output
The South Central and Pacific Northwest divisions saw the highest jump in week-over-week electricity production. Which utilities operate in these regions?