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Top 5 Companies in the Electric Utilities Industry With the Highest Beta (GNE, SPKE, PCG, MGEE, OTTR)

By Amy Schwartz

Below are the three companies in the Electric Utilities industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Genie Energy-B ranks highest with a a beta of 1.3. Spark Energy-A is next with a a beta of 0.8. Pg&E Corp ranks third highest with a a beta of 0.7.

Mge Energy Inc follows with a a beta of 0.7, and Otter Tail Corp rounds out the top five with a a beta of 0.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Pg&E Corp on March 6th, 2020 by issuing a Downtrend alert when the shares were trading at $14.45. Since that call, shares of Pg&E Corp have fallen 36.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta genie energy-b spark energy-a pg&e corp mge energy inc otter tail corp