EdgeWater 1/4/2011 11:11:32 PM
News / Business

Electrical Utility Stocks Rallied (CPN, FirstEnergy, NRG, PPL)

Electrical Utility Stocks Rallied

Calpine Corporation (NYSE:CPN) added 2.62% to $13.69. Calpine Corporation is a wholesale power company in the United States

The stock has average daily volume of 2.34 million shares. At current market price, the market capitalization of the company stands at $6.09 billion.

FirstEnergy Corp. (NYSE:FE) gained 1.73% to $37.66. FirstEnergy Corp. is principally a holding company that holds, directly or indirectly, eight principal electric utility operating subsidiaries: Ohio Edison Company, The Cleveland Electric Illuminating Company, The Toledo Edison Company, Pennsylvania Power Company, American Transmission Systems, Inc., Jersey Central Power & Light Company, Metropolitan Edison Company and Pennsylvania Electric Company, and its generating and marketing subsidiary, FirstEnergy Solutions Corp.

The stock opened at $19.74 and is trading within the range of $19.38-$19.76.

NRG Energy, Inc. (NYSE:NRG) added 1.48% to $19.83. The 52-week range of the stock is $18.22-$25.70.

NRG Energy, Inc. is a wholesale power generation company.

PPL Corporation (NYSE:PPL) surged 0.99% to $26.58. The average daily volume of the stock is 3.88 million shares. At current market price, the market capitalization of the company stands at $12.85 billion.

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