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Shares of Centerpoint Ener Rank the Highest in Terms of Level of Cash in the Multi-Utilities Industry (CNP, ED, SCG, PEG, SRE)

By David Diaz

Below are the three companies in the Multi-Utilities industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

Centerpoint Ener ranks highest with a CE of $1,000. Following is Cons Edison Inc with a CE of $797. Scana Corp ranks third highest with a CE of $409.

Pub Serv Enterp follows with a CE of $313, and Sempra Energy rounds out the top five with a CE of $288.

SmarTrend recommended that subscribers consider buying shares of Sempra Energy on November 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $147.30. Since that recommendation, shares of Sempra Energy have risen 8.7%. We continue to monitor Sempra Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash centerpoint ener cons edison inc scana corp pub serv enterp Sempra Energy

Ticker(s): CNP ED SCG PEG SRE