trending Market Intelligence /marketintelligence/en/news-insights/trending/fOMtyf6pydNsrKOe45ZUTg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Tuesday's Energy Stocks: Markets regain ground, utilities lead sector gains

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Tuesday's Energy Stocks: Markets regain ground, utilities lead sector gains

Markets regained ground Tuesday, Oct. 10, with the Dow Jones Industrial Average and the S&P 500 reaching new record highs. The Dow Jones Industrial Average hit 22,850.51 before closing up 0.31% at 22,830.68, and the S&P 500 reached 2,555.23 before settling 0.23% higher at 2,550.64.

The energy sector also closed the trading session on the positive side of the ledger, largely benefiting from the rally by utilities. The SNL Energy Index rose 0.61% to finish at 291.95.

Duke Energy Corp. advanced 1.14% on light volume to finish at $85.79, after posting more detailed information, including flood inundation maps, as part of its emergency action plans for potential dam failures or other serious incidents at its coal ash sites.

Following an update on its full-year 2017 guidance, AES Corp. added 0.45% on below-average volume to close at $11.25. The company now expects its full-year 2017 adjusted EPS to be in the lower half of the $1.00 to $1.10 range, due to impacts from hurricanes Irma and Maria.

Shares of American Electric Power Co. Inc. rose 0.91% on below-average volume to end at $72.39, following a report that the company is shopping AEP Texas Inc.'s 355-MW merchant share of the Oklaunion coal plant in Wilbarger County, Texas.

The SNL Electric Company Index edged up 0.87% to 486.56.

Reversing the general upward trend, Apache Corp. saw a decrease of 7.39% in brisk trading to close at $42.46. In an Oct. 9 presentation to investors, CEO John Christmann IV reiterated that the discovery of the Alpine High in 2016 was "a strategic milestone" for Apache that had been funded by $1.2 billion of asset sales in 2017.

Southwestern Energy Co. retreated 1.19% on slightly lower volume to conclude the session at $5.83, after releasing the final results of a tender offer to buy any and all of its 4.05% senior notes due 2020 as well as 4.10% senior notes due 2022 and 4.95% senior notes due 2025.

Keyera Corp. entered into a 20-year agreement with Chevron Canada Ltd. to process and store NGLs from Chevron's Kaybob Duvernay. Keyera shares climbed 0.57% in light trading to finish at C$38.50.

The SNL Midstream Energy Index ticked up 0.10% to 112.42, while the SNL Gas Utility Index saw an increase of 0.73% to close at 595.52.

Losing 3.0 cents in the Oct. 6 trading day, NYMEX November natural gas futures recovered in the Tuesday, Oct. 10, session to end nearly 6 cents higher on the day.

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