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Friday's Energy Stocks: PG&E climbs on analyst upgrade; Williams slides on divestment report

gained 0.65% instrong trading to end at $64.62 on Friday, July 15, after RBC Capital Marketsupgraded the sharesto "outperform" from "sector perform" and increased theprice target to $71 from $60.

"Weare upgrading [PG&E] to Outperform, as we expect its valuation gap withpeers to continue closing as investors become more comfortable with thepost-San Bruno utility," RBC analyst Shelby Tucker wrote in a note toinvestors.

OnJuly 14, a judge ruledthat the jury in the criminal trial against Pacific Gas and Electric Co. could not see internalcompany emails that the prosecution believes reflect employee awareness ofguilt.

rose 0.27%in thin volume to end at $127.58. NextEra, along with Berkshire Hathaway Inc.and Fidelity Investments, are reportedly among the to acquire .Other interested parties for Oncor include Edison International, shares of which lifted 0.09% to$77.18.

ThePhiladelphia Utility Index settled 0.35% higher to 659.15.

Inthe midstream space, WilliamsCos. Inc. lost 0.68% in heavy trading to close at $23.44, amid newsthat its Canadian unit could be divestedfor up to $2 billion.

Theinterested parties include EnbridgeInc., PembinaPipeline Corp., KeyeraCorp. and InterPipeline Ltd., and pension funds Canada Pension Plan Investment Board, and the Ontario MunicipalEmployees Retirement Board, according to a Reuters report.

Onthe Toronto Stock Exchange, Enbridge rose 0.06% to C$53.94, Pembina Pipelinelost 0.89% to C$39.18, Keyera slid 0.32% to C$37.91 and Inter Pipeline shed0.80% to C$27.24, all in thin volume. The SNL Midstream Energy Index fell 0.16%to 118.42.

Amongcoal stocks, Alliance Holdings GPLP advanced 4.07% in strong trading to close at $23, climbed9.29% in below-average volume to finish at $2, and gained 0.43% inlight trading to close at $10.04. The SNL Coal Index closed up 3.04% to $59.88.

Augustnatural gas futures spent another session seesawing between gains and lossessinking to a $2.669/MMBtu low and rising to a $2.778/MMBtu high. The contractsettled 2.9 centshigher at $2.756/MMBtu.

TheDow Jones Industrial Average rose 0.05% to 18,516.55, and the S&P 500 fell0.09% to 2,161.74.

Market prices and indexvalues are current as of the time of publication and are subject to change.