Dow Jones Utility Average
Encyclopedia
The Dow Jones Utility Average (also known as the "Dow Jones Utilities") is a stock index from Dow Jones Indexes
that keeps track of the performance of 15 prominent utility
companies.
):
The Dow Jones Utilities is a price-weighted average.
Dow Jones Indexes
Dow Jones Indexes was formed in 1997 as an entity within Dow Jones & Co. It is now owned by the CME Group. It serves as the marketing name of CME Group Indexes, LLC. It produces, maintains, licenses and markets indexes as benchmarks and as the basis of investible products such as exchange traded...
that keeps track of the performance of 15 prominent utility
Public utility
A public utility is an organization that maintains the infrastructure for a public service . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies...
companies.
Components
The current components on the Dow Jones Utilities are as follows (company name followed by ticker symbolTicker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...
):
- AES Corp., TheAES CorporationAES Corporation is a Fortune 500 company that generates and distributes electrical power. The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant from the US Federal Energy Administration and Dennis Bakke from the Office of Management and Budget. AES Corporation is...
(AES) (conventional electricity) - American Electric Power Co., Inc.American Electric PowerAmerican Electric Power is a major investor-owner electric utility in various parts of the United States. AEP ranks among the nation's largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S...
(AEP) (conventional electricity) - CenterPoint Energy, Inc.CenterPoint EnergyCenterPoint Energy is a Fortune 500 electric and natural gas utility serving several markets in the U.S. states of Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. It was formerly known as Reliant Energy , NorAm Energy, Houston Industries, and HL&P...
(CNP) (multiutilities) - Consolidated Edison, Inc.Consolidated EdisonConsolidated Edison, Inc. is one of the largest investor-owned energy companies in the United States, with approximately $14 billion in annual revenues and $36 billion in assets...
(ED) (conventional electricity) - Dominion Resources, Inc.Dominion ResourcesDominion Resources Inc. , commonly referred to as Dominion, is a power and energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia and North Carolina and supplies natural gas to parts of West Virginia, Ohio, Pennsylvania, and eastern North Carolina...
(D) (conventional electricity) - Duke Energy Corp.Duke EnergyDuke Energy , headquartered in Charlotte, North Carolina, is an energy company with assets in the United States, Canada and Latin America.-Overview:...
(DUK) (multiutilities) - Edison InternationalEdison InternationalEdison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and un-regulated non-utility assets Edison Mission Energy and Midwest Generation, power producers, and Edison Capital...
(EIX) (conventional electricity) - Exelon Corp.ExelonExelon Corporation is an electricity generating and distributing company headquartered in the Chase Tower in the Chicago Loop area of Chicago. It was created in October, 2000 by the merger of PECO Energy Company and Unicom, of Philadelphia and Chicago respectively. Unicom owned Commonwealth Edison...
(EXC) (conventional electricity) - FirstEnergy Corp.FirstEnergyFirstEnergy Corp. , is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission, and distribution of electricity, as well as energy management and other energy-related services...
(FE) (conventional electricity) - NextEra Energy Inc. (NEE) (conventional electricity)
- NiSource, Inc.NiSourceNiSource, Inc. , based in Merrillville, Indiana, is a Fortune 500 company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution...
(NI) (gas distribution) - PG&E Corp.Pacific Gas and Electric CompanyThe Pacific Gas and Electric Company , commonly known as PG&E, is the utility that provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield almost to the Oregon border...
(PCG) (conventional electricity) - Public Service Enterprise Group, Inc. (PEG) (conventional electricity)
- Southern Company, Inc.Southern CompanySouthern Company is a public utility holding company of primarily electric utilities in the southern United States. It is headquartered in Atlanta, Georgia with executive offices also located in Birmingham, Alabama. The company is currently the 16th largest utility company in the world and the...
(SO) (conventional electricity) - Williams Companies, Inc.Williams CompaniesThe Williams Companies, Inc. is an energy company based in Tulsa, Oklahoma. Its core business is natural gas exploration, production, processing, and transportation, with additional petroleum and electricity generation assets...
(WMB) (pipelines)
The Dow Jones Utilities is a price-weighted average.
History
Was created in 1929 when all utility stocks were removed from the Dow Jones Industrial AverageDow Jones Industrial Average
The Dow Jones Industrial Average , also called the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow...