Top 3 Utilities Stocks That Could Blast Off In Q3
Oversold utilities stocks Southwest Gas, Middlesex Water and Dominion Energy show RSI readings near or below 30, signaling potential value opportunities.
Stocks · News reference
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Oversold utilities stocks Southwest Gas, Middlesex Water and Dominion Energy show RSI readings near or below 30, signaling potential value opportunities.
Atmos Energy plans $26 billion in capital spending through fiscal 2030, with over 80% allocated to safety and reliability. The company has implemented $396.1 million in annualized rate increases with $334.1 million more pending. Texas pipeline projects aim to boost Dallas-Fort Worth capacity by year-end 2026. ATO expects fiscal 2026 earnings of $8.40-$8.50 with projected 6-8% EPS growth going forward, supported by favorable regulation that allows quick recovery of infrastructure investments through customer rates.
Southwest Gas reported Q2 2026 earnings that missed estimates with adjusted EPS of 45 cents versus 47 cents expected, and revenues declined 9.6% year-over-year to $358.2 million. Despite the miss, operating income rose 30.8% and the company reaffirmed its 2026 EPS guidance of $4.17-$4.32. The stock has underperformed the S&P 500 by 4% since the earnings report. Zacks rates the stock as a Buy (Rank #2) with expectations for above-average returns in coming months.