Public Markets / Utilities

Top Utility Stocks by Market Cap

Electric, gas, and water utilities — plus the grid behind the AI buildout — ranked by market cap.

116tracked stocks
$2.3Tcombined market cap
9/50advancing today
+3.7%median 1y return
#CompanyMarket CapPrice1D1YQL Signal
1 NextEra Energy, Inc.
NEE
$168Blarge $80.47 -0.87% +13.7% Underweight
2 The Southern Company
SO
$98Blarge $85.52 -1.34% -6.5% Neutral
3 Duke Energy Corporation
DUK
$92Blarge $118 -0.80% -2.4% Neutral
4 Constellation Energy Corporation
CEG
$90Blarge $255 -2.68% -21.1% Underweight
5 Williams Companies Inc.
WMB
$88Blarge $72.05 +0.33% +19.3% Neutral
6 Waste Management, Inc.
WM
$84Blarge $211 -1.05% -2.2% Underweight
7 Enterprise Products Partners L.P.
EPD
$84Blarge $38.89 +1.14% +22.2% Buy
8 Energy Transfer LP Common Units representing limited partner interests
ET
$73Blarge $21.14 +0.52% +21.2% Neutral
9 Kinder Morgan, Inc.
KMI
$71Blarge $31.84 +0.84% +15.1% Buy
10 Republic Services Inc.
RSG
$67Blarge $218 -0.39% -3.8% Underweight
11 American Electric Power Company, Inc.
AEP
$65Blarge $120 -0.99% +12.7% Underweight
12 Targa Resources Corp.
TRGP
$63Blarge $292 +2.50% +71.8% Neutral
13 Oneok, Inc.
OKE
$59Blarge $93.46 +0.26% +27.0% Neutral
14 Dominion Energy, Inc
D
$56Blarge $63.58 -1.10% +6.4% Neutral
15 Cheniere Energy Inc
LNG
$55Blarge $268 -0.12% +14.5% Underweight
16 Sempra
SRE
$53Blarge $81.31 -1.06% -1.4% Underweight
17 Entergy Corporation
ETR
$49Blarge $102 -1.26% +16.1% Underweight
18 Vistra Corp.
VST
$47Blarge $141 -1.48% -33.1% Underweight
19 Xcel Energy, Inc.
XEL
$45Blarge $72.30 -1.81% +0.2% Underweight
20 Exelon Corporation
EXC
$43Blarge $42.07 -1.34% -2.4% Underweight
21 PG&E Corporation
PCG
$40Blarge $13.20 -1.21% -11.4% Underweight
22 Consolidated Edison, Inc.
ED
$39Blarge $105 -1.54% +9.4% Neutral
23 Venture Global, Inc.
VG
$35Blarge $14.02 -2.29% +1.3% Underweight
24 Public Service Enterprise Group Incorporated
PEG
$35Blarge $69.77 -1.70% -14.1% Underweight
25 WEC Energy Group, Inc.
WEC
$34Blarge $103 -1.49% -5.8% Underweight
26 Cheniere Energy Partners, LP
CQP
$31Blarge $64.86 -0.91% +20.6% Underweight
27 Ameren Corporation
AEE
$28Blarge $102 -1.61% +3.6% Underweight
28 Atmos Energy Corporation
ATO
$27Blarge $160 -1.07% -1.3% Underweight
29 American Water Works Company, Inc
AWK
$27Blarge $136 -1.69% +0.4% Underweight
30 DTE Energy Company
DTE
$27Blarge $129 -1.47% -4.9% Underweight
31 FirstEnergy Corp.
FE
$26Blarge $45.26 -1.03% +4.2% Neutral
32 Eversource Energy
ES
$26Blarge $67.72 -1.00% +6.0% Underweight
33 CenterPoint Energy, Inc.
CNP
$25Blarge $38.22 -0.88% +0.4% Neutral
34 PPL Corporation
PPL
$25Blarge $33.34 -0.77% -6.3% Neutral
35 NRG Energy, Inc.
NRG
$22Blarge $104 -3.04% -36.9% Underweight
36 Edison International
EIX
$21Blarge $55.31 -0.34% -0.5% Neutral
37 CMS Energy Corporation
CMS
$20Blarge $65.34 -1.30% -6.9% Underweight
38 Western Midstream Partners, LP
WES
$20Blarge $47.29 +0.28% +22.8% Neutral
39 NiSource Inc.
NI
$19Blarge $40.58 -0.81% +1.1% Neutral
40 Evergy, Inc.
EVRG
$18Blarge $79.78 -1.31% +11.9% Underweight
41 Alliant Energy Corporation
LNT
$17Blarge $65.61 -1.56% +2.9% Underweight
42 Clean Harbors, Inc
CLH
$17Blarge $316 +0.08% +33.2% Underweight
43 Talen Energy Corporation
TLN
$14Blarge $292 -0.33% -29.6% Underweight
44 DT Midstream, Inc.
DTM
$13Blarge $126 -0.03% +16.9% Underweight
45 Essential Utilities, Inc.
WTRG
$12Blarge $41.04 -1.39% +10.3% Underweight
46 Pinnacle West Capital Corporation
PNW
$11Blarge $94.21 -1.44% +9.7% Underweight
47 AES Corporation
AES
$11Blarge $14.83 +0.03% +14.5% Neutral
48 Antero Midstream Corporation
AM
$10Blarge $21.19 -0.28% +13.8% Underweight
49 OGE Energy Corp.
OGE
$9.4Bmid $45.51 -1.71% +3.7% Underweight
50 UGI Corporation
UGI
$8.1Bmid $37.66 -1.31% +14.1% Underweight

Cluster Map — Utilities

110 of the top 116 utilities names by market cap, grouped into 5 clusters on seven daily features — 20-day momentum, RSI, the QL composite, 1-year and 6-month return, size and news sentiment. The layout is a principal-components projection of those features (34.2% + 19.8% of the variance), so distance on the map is similarity in the data, not a drawing. 6 ranked names lacked a feature and are left off rather than imputed. Hover a bubble or a cluster card; click a bubble for the stock page.

+RSI / +20-day momentum →+1-year return / +market cap (log) →NEESODUKCEGWMBWMEPDETKMIRSGAEPTRGPOKED
Positive news flow · mega-cap coreOversold tape · negative news flowPast-year winners · overbought tapeMomentum laggards · past-year losersSmall-cap fringe · engine favouritesbubble = market cap
Positive news flow · mega-cap core 30 stocks · $920B · 40.6% of the map
1y +4.7%20d -3.2%RSI 40.5Buy 10%Sell 43.3%
SO · DUK · WMB · KMI
Centroid vs the sector, in σ: news sentiment +1 · market cap (log) +0.48.
Oversold tape · negative news flow 33 stocks · $897B · 39.6% of the map
1y +1.4%20d -6.0%RSI 34.3Buy 0%Sell 87.9%
NEE · CEG · WM · AEP
Centroid vs the sector, in σ: RSI -0.8 · news sentiment -0.62 · QL composite -0.53 · market cap (log) +0.44.
Past-year winners · overbought tape 26 stocks · $352B · 15.5% of the map
1y +29.0%20d -1.9%RSI 47.4Buy 7.7%Sell 69.2%
EPD · ET · TRGP · AWK
Centroid vs the sector, in σ: 1-year return +0.83 · RSI +0.78 · 6-month return +0.62 · 20-day momentum +0.36.
Momentum laggards · past-year losers 8 stocks · $92B · 4.1% of the map
1y -36.8%20d -16.3%RSI 35.5Buy 0%Sell 87.5%
PCG · NRG · EIX · OKLO
Centroid vs the sector, in σ: 20-day momentum -1.85 · 1-year return -1.45 · 6-month return -1.41 · QL composite -0.91.
Small-cap fringe · engine favourites 13 stocks · $1.8B · 0.1% of the map
1y -11.2%20d +1.6%RSI 49.5Buy 61.5%Sell 15.4%
CLNE · MNTK · CDZI · HVII
Centroid vs the sector, in σ: market cap (log) -1.81 · QL composite +1.45 · RSI +1.03 · 20-day momentum +0.78.

Sub-industries on the map

SIC groups by combined market cap · names · average 1-year return
ELECTRIC SERVICES$833B · 32 · -4.9% 1yNATURAL GAS TRANSMISSION$443B · 14 · +36.2% 1yELECTRIC & OTHER SERVICES COMBINED$439B · 17 · +1.5% 1yNATURAL GAS DISTRIBUTION$175B · 13 · -1.6% 1yREFUSE SYSTEMS$157B · 6 · +7.9% 1yNATURAL GAS TRANSMISSION & DISTRIBUTION$72B · 6 · +4.8% 1yGAS & OTHER SERVICES COMBINED$62B · 5 · -8.0% 1yWATER SUPPLY$51B · 12 · +2.1% 1y
Table view — every stock on the map
StockClusterMarket cap1Y20DRSIQL Signal
SO
The Southern Company
Positive news flow · mega-cap core$98B-6.5%-6.5%29.8Neutral
DUK
Duke Energy Corporation
Positive news flow · mega-cap core$92B-2.4%-4.2%35.3Neutral
WMB
Williams Companies Inc.
Positive news flow · mega-cap core$88B+19.3%+0.5%46.2Neutral
KMI
Kinder Morgan, Inc.
Positive news flow · mega-cap core$71B+15.1%+0.7%53.9Buy
RSG
Republic Services Inc.
Positive news flow · mega-cap core$67B-3.8%-0.6%45.9Underweight
OKE
Oneok, Inc.
Positive news flow · mega-cap core$59B+27.0%-1.2%47.4Neutral
D
Dominion Energy, Inc
Positive news flow · mega-cap core$56B+6.4%-5.8%32.9Neutral
LNG
Cheniere Energy Inc
Positive news flow · mega-cap core$55B+14.5%-3.9%43.2Underweight
VST
Vistra Corp.
Positive news flow · mega-cap core$47B-33.1%+1.3%44.9Underweight
ED
Consolidated Edison, Inc.
Positive news flow · mega-cap core$39B+9.4%-2.7%42.1Neutral
VG
Venture Global, Inc.
Positive news flow · mega-cap core$35B+1.3%-1.9%45.5Underweight
CQP
Cheniere Energy Partners, LP
Positive news flow · mega-cap core$31B+20.6%-5.5%41.4Underweight
ATO
Atmos Energy Corporation
Positive news flow · mega-cap core$27B-1.3%-6.0%28.7Underweight
FE
FirstEnergy Corp.
Positive news flow · mega-cap core$26B+4.2%-4.1%36.2Neutral
CNP
CenterPoint Energy, Inc.
Positive news flow · mega-cap core$25B+0.4%-4.9%35.6Neutral
PPL
PPL Corporation
Positive news flow · mega-cap core$25B-6.3%-5.3%34.9Neutral
LNT
Alliant Energy Corporation
Positive news flow · mega-cap core$17B+2.9%-5.5%30.8Underweight
DTM
DT Midstream, Inc.
Positive news flow · mega-cap core$13B+16.9%-3.2%37.7Underweight
OGE
OGE Energy Corp.
Positive news flow · mega-cap core$9.4B+3.7%-2.6%39.8Underweight
NFG
National Fuel Gas Co.
Positive news flow · mega-cap core$7.7B-7.4%-3.6%45.2Neutral
CWEN
Clearway Energy, Inc.
Positive news flow · mega-cap core$6.3B+9.6%-5.6%41.7Underweight
SWX
Southwest Gas Holdings, Inc.
Positive news flow · mega-cap core$6.2B+8.7%-6.0%35.2Underweight
NJR
New Jersey Resources Corp
Positive news flow · mega-cap core$5.4B+13.8%-2.8%41.5Neutral
USAC
USA COMPRESSION PARTNERS LP
Positive news flow · mega-cap core$3.9B+10.5%+1.9%50.9Buy
HTO
H2O America
Positive news flow · mega-cap core$2.6B+28.1%-2.5%46.5Neutral
NWN
Northwest Natural Holding Company
Positive news flow · mega-cap core$2.0B+14.0%-4.4%40.6Underweight
NEXT
NextDecade Corporation
Positive news flow · mega-cap core$1.8B+6.5%-1.9%39.7Neutral
XIFR
XPLR Infrastructure, LP
Positive news flow · mega-cap core$1.0B+8.5%-3.5%37.9Neutral
HNRG
Hallador Energy Company
Positive news flow · mega-cap core$713M-21.1%-2.6%44.5Buy
CWCO
Consolidated Water Co Inc
Positive news flow · mega-cap core$452M-18.3%-4.4%38.2Underweight
NEE
NextEra Energy, Inc.
Oversold tape · negative news flow$168B+13.7%-5.4%32.9Underweight
CEG
Constellation Energy Corporation
Oversold tape · negative news flow$90B-21.1%-6.7%36.2Underweight
WM
Waste Management, Inc.
Oversold tape · negative news flow$84B-2.2%-6.1%33.5Underweight
AEP
American Electric Power Company, Inc.
Oversold tape · negative news flow$65B+12.7%-4.5%35Underweight
SRE
Sempra
Oversold tape · negative news flow$53B-1.4%-6.9%38.5Underweight
ETR
Entergy Corporation
Oversold tape · negative news flow$49B+16.1%-5.0%34.2Underweight
XEL
Xcel Energy, Inc.
Oversold tape · negative news flow$45B+0.2%-8.1%32.8Underweight
EXC
Exelon Corporation
Oversold tape · negative news flow$43B-2.4%-6.6%31.9Underweight
PEG
Public Service Enterprise Group Incorporated
Oversold tape · negative news flow$35B-14.1%-6.5%27.5Underweight
WEC
WEC Energy Group, Inc.
Oversold tape · negative news flow$34B-5.8%-4.9%35.5Underweight
AEE
Ameren Corporation
Oversold tape · negative news flow$28B+3.6%-6.0%30.1Underweight
DTE
DTE Energy Company
Oversold tape · negative news flow$27B-4.9%-7.0%25Underweight
ES
Eversource Energy
Oversold tape · negative news flow$26B+6.0%-6.1%37.3Underweight
CMS
CMS Energy Corporation
Oversold tape · negative news flow$20B-6.9%-6.4%25.9Underweight
NI
NiSource Inc.
Oversold tape · negative news flow$19B+1.1%-2.5%37.1Neutral
EVRG
Evergy, Inc.
Oversold tape · negative news flow$18B+11.9%-4.1%38.5Underweight
TLN
Talen Energy Corporation
Oversold tape · negative news flow$14B-29.6%-7.8%39.2Underweight
PNW
Pinnacle West Capital Corporation
Oversold tape · negative news flow$11B+9.7%-5.2%28.8Underweight
AM
Antero Midstream Corporation
Oversold tape · negative news flow$10B+13.8%-4.8%35.9Underweight
IDA
IDACORP, Inc.
Oversold tape · negative news flow$7.6B+4.8%-6.1%31.3Underweight
ORA
Ormat Technologies, Inc.
Oversold tape · negative news flow$6.0B+3.6%-10.1%43Neutral
CWST
Casella Waste Systems Inc
Oversold tape · negative news flow$5.7B+0.7%-4.3%42.1Neutral
POR
Portland General Electric Company
Oversold tape · negative news flow$5.6B+10.9%-5.8%35.3Underweight
BKH
Black Hills Corporation
Oversold tape · negative news flow$5.4B+20.0%-3.9%40.6Underweight
OGS
ONE GAS, INC.
Oversold tape · negative news flow$4.7B-0.5%-7.6%32.6Underweight
SR
Spire Inc.
Oversold tape · negative news flow$4.7B+3.7%-4.9%39.4Underweight
OTTR
Otter Tail Corp
Oversold tape · negative news flow$3.7B+4.1%-5.0%38.7Underweight
AVA
Avista Corporation
Oversold tape · negative news flow$3.0B-0.4%-5.2%32.8Underweight
CWT
California Water Service
Oversold tape · negative news flow$2.9B+3.9%-5.3%33Underweight
MGEE
MGE Energy Inc
Oversold tape · negative news flow$2.8B-11.9%-7.9%24.7Underweight
CTRI
Centuri Holdings, Inc.
Oversold tape · negative news flow$2.0B-11.2%-11.2%31Neutral
MSEX
Middlesex Water Co
Oversold tape · negative news flow$1.0B+4.2%-5.8%34.5Underweight
UTL
Unitil Corporation
Oversold tape · negative news flow$947M+13.3%-4.1%37.8Underweight
EPD
Enterprise Products Partners L.P.
Past-year winners · overbought tape$84B+22.2%+1.2%52.9Buy
ET
Energy Transfer LP Common Units representing limited partner interests
Past-year winners · overbought tape$73B+21.2%-0.3%49.3Neutral
TRGP
Targa Resources Corp.
Past-year winners · overbought tape$63B+71.8%-3.3%56Neutral
AWK
American Water Works Company, Inc
Past-year winners · overbought tape$27B+0.4%-0.9%44.7Underweight
WES
Western Midstream Partners, LP
Past-year winners · overbought tape$20B+22.8%-2.8%44.5Neutral
CLH
Clean Harbors, Inc
Past-year winners · overbought tape$17B+33.2%-1.9%49.8Underweight
WTRG
Essential Utilities, Inc.
Past-year winners · overbought tape$12B+10.3%+1.6%50.5Underweight
AES
AES Corporation
Past-year winners · overbought tape$11B+14.5%+0.4%59.2Neutral
UGI
UGI Corporation
Past-year winners · overbought tape$8.1B+14.1%-0.6%51Underweight
TXNM
TXNM Energy, Inc.
Past-year winners · overbought tape$6.0B+3.0%+1.7%63.5Underweight
KGS
Kodiak Gas Services, Inc.
Past-year winners · overbought tape$5.9B+72.5%-3.1%45Underweight
AROC
Archrock Inc
Past-year winners · overbought tape$5.5B+29.0%-2.2%44.3Buy
KNTK
Kinetik Holdings Inc.
Past-year winners · overbought tape$4.3B+21.1%-1.6%49.5Underweight
NWE
NorthWestern Energy Group, Inc.
Past-year winners · overbought tape$4.2B+21.3%-3.3%42.1Underweight
AWR
American States Water Company
Past-year winners · overbought tape$3.4B+19.0%-4.2%40.4Underweight
CPK
Chesapeake Utilities
Past-year winners · overbought tape$3.2B+4.0%-4.5%48.5Neutral
NGL
NGL ENERGY PARTNERS LP
Past-year winners · overbought tape$2.0B+130.6%-5.9%38.8Underweight
EE
Excelerate Energy, Inc.
Past-year winners · overbought tape$1.1B+47.9%-8.5%39.9Underweight
NVRI
Enviri Corporation
Past-year winners · overbought tape$581M+65.4%+1.5%40.5Underweight
YORW
York Water Co
Past-year winners · overbought tape$531M+6.7%-4.4%42.4Underweight
SMC
Summit Midstream Corporation
Past-year winners · overbought tape$448M+39.8%-6.3%38.8Neutral
GNE
GENIE ENERGY LTD
Past-year winners · overbought tape$422M+5.6%+6.7%66.2Underweight
PESI
Perma-Fix Environmental Services, Inc.
Past-year winners · overbought tape$370M+82.5%+3.4%46.9Underweight
ARTNA
Artesian Resources Corp
Past-year winners · overbought tape$356M+6.3%-3.4%38.6Underweight
PCYO
Pure Cycle Corporation
Past-year winners · overbought tape$266M-3.9%-5.5%46.4Underweight
RGCO
RGC Resources Inc
Past-year winners · overbought tape$223M-6.1%-3.2%44Underweight
PCG
PG&E Corporation
Momentum laggards · past-year losers$40B-11.4%-26.5%33Underweight
NRG
NRG Energy, Inc.
Momentum laggards · past-year losers$22B-36.9%-10.1%35.9Underweight
EIX
Edison International
Momentum laggards · past-year losers$21B-0.5%-25.9%34.5Neutral
OKLO
Oklo Inc.
Momentum laggards · past-year losers$7.1B-63.8%-8.8%44.5Underweight
HE
Hawaiian Electric Industries, Inc.
Momentum laggards · past-year losers$1.7B-19.5%-15.6%17.8Underweight
NNE
Nano Nuclear Energy Inc.
Momentum laggards · past-year losers$845M-58.8%-13.7%40.6Underweight
NFE
New Fortress Energy Inc.
Momentum laggards · past-year losers$70M-90.0%-17.8%37.4Underweight
OPAL
OPAL Fuels Inc.
Momentum laggards · past-year losers$57M-13.4%-12.2%40.1Underweight
CLNE
Clean Energy Fuels Corp.
Small-cap fringe · engine favourites$373M-37.2%+5.0%49.3Buy
MNTK
Montauk Renewables, Inc.
Small-cap fringe · engine favourites$320M-2.2%+19.1%56.3Buy
CDZI
CADIZ, Inc.
Small-cap fringe · engine favourites$301M-15.6%+0.3%45.5Buy
HVII
Hennessy Capital Investment Corp. VII
Small-cap fringe · engine favourites$260M-1.6%+22.3%52.4Underweight
GWRS
Global Water Resources, Inc.
Small-cap fringe · engine favourites$245M-15.2%-4.2%46.7Neutral
PLMK
Plum Acquisition Corp. IV
Small-cap fringe · engine favourites$115M+4.0%+1.2%54.7Neutral
SLNG
Stabilis Solutions, Inc.
Small-cap fringe · engine favourites$104M+39.7%+0.5%53.5Buy
SPRU
Spruce Power Holding Corporation
Small-cap fringe · engine favourites$37M+4.4%+2.7%53.5Buy
QRHC
Quest Resource Holding Corporation
Small-cap fringe · engine favourites$30M-12.5%+0.7%50.8Buy
SKYQ
Sky Quarry Inc.
Small-cap fringe · engine favourites$24M-31.9%+3.0%45.7Underweight
GRDX
GridAI Technologies Corp.
Small-cap fringe · engine favourites$22M0.0%-17.1%44.5Buy
CETY
Clean Energy Technologies, Inc.
Small-cap fringe · engine favourites$12M-77.0%+1.1%49.4Neutral
RENX
RenX Enterprises Corp.
Small-cap fringe · engine favourites$5M0.0%-13.2%41.7Buy

ETF Exposure — Utilities

Which major wrappers carry this ranking — counted over 18 curated funds (sector SPDRs + broad-market index funds), not every ETF in existence. The full stock ↔ ETF passive-flow map is at Equities Network.

Frequently Asked Questions

What are the largest utilities companies by market cap in 2026?

The largest listed utilities companies by market cap are NextEra Energy, Inc. ($168B), The Southern Company ($98B), Duke Energy Corporation ($92B), Constellation Energy Corporation ($90B), Williams Companies Inc. ($88B). The full ranking of 116 stocks refreshes daily at quantlogix.ai/public/utilities.

Which large utilities stocks performed best over the past year?

Among the top-50 utilities stocks by market cap, the best 1-year returns are Targa Resources Corp. (+71.8%), Clean Harbors, Inc (+33.2%), Oneok, Inc. (+27.0%), measured to 2026-09-18. Past performance does not predict future results.

Which ETFs give exposure to the utilities sector?

Among 18 curated major wrappers, the funds holding the most of the top 50 utilities stocks are VTI (50), IVV (31), SPY (31). Full map: Equities Network.

How are the utilities stocks clustered?

110 of the top 116 utilities names are grouped by a seeded k-means over seven daily features (20-day momentum, RSI, the QL composite, 1-year and 6-month return, size, news sentiment) into 5 clusters: Positive news flow · mega-cap core (30); Oversold tape · negative news flow (33); Past-year winners · overbought tape (26); Momentum laggards · past-year losers (8); Small-cap fringe · engine favourites (13). The map is a principal-components projection of the same features. Clusters describe the tape today, not a forecast.

How fresh are these utilities prices and rankings?

Market caps, prices, and day changes come from the daily universe build (last refreshed 2026-09-21 05:30); 1-year returns come from the performance-rankings build (measured to 2026-09-18). A stock without a price or return history says so rather than showing zero.

Methodology. Rankings are by market capitalization from the daily universe build (last refreshed 2026-09-21 05:30) — prices and day changes carry the same stamp, not live quotes. 1-year returns come from the performance-rankings build (measured to 2026-09-18); a stock without return history says so. The QL Signal is the QuantLogix 5-factor composite — an educational read on technical posture, not investment advice. The cluster map groups the ranked names by a deterministic k-means over seven standardized daily features and lays them out by principal components; clusters are named from their centroid's strongest traits and describe the tape today, not a forecast. Every row links to the full stock page with signals, fundamentals, and news.