ENB
2nd
Enbridge
$112.24 Bn
51.39
+1.60%
+10.11%
The company operates rate-regulated natural gas utility operations in Ontario, Quebec, Ohio, North Carolina, Utah, Wyoming, and Idaho, delivering gas to residential, commercial, and industrial customers.
SBS
Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp
$77.76 Bn
4.55
-0.66%
+6.83%
Sabesp generates the bulk of its revenue from the sale of water and sewage services to residential, commercial, industrial, and governmental customers. It operates as a regulated utility under the state regulator ARSESP, managing water supply and wastewater systems across 371 municipalities.
D
Dominion Energy
$60.40 Bn
68.64
-0.22%
+13.64%
Dominion Energy operates regulated electric distribution franchises in Virginia, North Carolina, and South Carolina, serving approximately 4.1 million retail customers. The profile explicitly states that regulated electric utility operations are expected to contribute approximately 90% of earnings.
XEL
Xcel Energy
$49.43 Bn
79.17
-0.05%
+9.64%
Xcel Energy is a regulated electric delivery company serving 3.9 million electric customers through subsidiaries like NSP and PSCo, earning revenues from electric sales volume of 109,401 million kilowatt hours.
FER
2nd
Ferrovial
$45.69 Bn
63.40
-0.81%
+14.77%
The company owns and operates high-voltage electricity transmission infrastructure, specifically mentioning transmission line assets in Chile that generate revenue through availability payments.
ETR
Entergy
$40.38 Bn
108.08
-0.42%
+23.03%
Entergy operates regulated electricity distribution and transmission franchises serving approximately 3 million residential, commercial, and industrial customers under tariffs approved by state utility commissions. Its primary revenue comes from regulated per-kilowatt-hour rates and fixed connection charges.
WEC
Wec Energy
$36.20 Bn
111.08
+0.53%
+4.41%
WEC Energy Group operates several regulated electric utility subsidiaries, such as WE and WPS, providing electricity generation and distribution to retail customers in Wisconsin and Michigan under regulated tariffs.
AEE
Ameren
$30.36 Bn
109.67
+0.19%
+9.72%
Ameren operates regulated electric distribution franchises in Missouri and Illinois, delivering power to residential, commercial, and industrial customers under tariffs set by the Missouri Public Service Commission and the Illinois Commerce Commission.
DTE
Dte Energy
$29.19 Bn
140.26
-0.62%
+2.08%
DTE Energy's primary business is the operation of DTE Electric, a regulated electric utility that generates, transmits, and distributes electricity to residential, commercial, and industrial customers in Michigan under regulated tariffs.
FTS
Fortis
$28.85 Bn
56.47
+0.05%
+11.71%
Fortis is a diversified regulated electric utility holding company serving 3.5 million customers through subsidiaries like FortisAlberta, FortisBC Electric, and Newfoundland Power. It earns a regulated return on rate-base assets for delivering electricity to residential, commercial, and industrial users.
ATO
Atmos Energy
$28.81 Bn
170.49
+0.34%
+3.94%
Atmos Energy is a natural gas distributor serving approximately 3,400,000 residential, commercial, and industrial customers under rates set by state regulatory authorities. Its Distribution segment is its core business, providing regulated natural gas sales and delivery.
EIX
Edison International
$28.36 Bn
73.69
+3.34%
+32.46%
Southern California Edison (SCE) operates as a regulated public utility delivering electricity to approximately five million residential, commercial, and industrial customers. Its revenue is derived from rates established by the California Public Utilities Commission (CPUC) and the Federal Energy Regulatory Commission (FERC).
FE
Firstenergy
$27.35 Bn
47.26
-0.34%
+10.34%
FirstEnergy operates one of the nation's largest investor-owned electric systems, serving over 6 million residential, commercial, and industrial customers through a regulated retail franchise. Its Distribution segment earns revenues from delivering power to end-use customers under regulated tariffs.
AWK
American Water Works Company
$27.08 Bn
136.27
+1.38%
-4.48%
American Water is a water and wastewater utility that provides drinking water and sewage services to approximately 14 million people. Its primary revenue comes from regulated per-kilowatt-hour rates and fixed connection charges through its Regulated Businesses segment, which accounts for 92% of total operating revenues.
HRNNF
Hydro One
$24.03 Bn
40.07
-2.03%
—
Hydro One operates a regulated electricity distribution franchise serving approximately 1.5 million customers in Ontario under tariffs approved by the Ontario Energy Board. Its Distribution Business segment delivers electricity to residential, commercial, and industrial end users through 126,000 circuit kilometres of low-voltage lines.
CMS
Cms Energy
$22.28 Bn
71.04
-0.52%
-1.37%
CMS Energy's primary revenue driver is its Consumers subsidiary, which operates a regulated electric utility franchise in Michigan's Lower Peninsula, generating $5.6 billion in operating revenue from the sale of electricity to residential, commercial, and industrial customers.
CNLPL
Connecticut Light & Power
$20.27 Bn
53.90
+2.06%
+3.65%
Connecticut Light & Power is a regulated electric utility that delivers electricity to residential, commercial, and industrial customers under tariffs set by the Connecticut Public Utilities Regulatory Authority (PURA). It earns a regulated return on its invested capital for owning and maintaining the distribution infrastructure within its franchised service area.
NI
Nisource
$20.20 Bn
42.12
-0.59%
+0.98%
NiSource operates extensive regulated natural gas distribution networks through its Columbia Operations and NIPSCO Gas segments, serving approximately 3.3 million customers across six states. Its revenue is derived from the sale of natural gas to residential, commercial, and industrial customers under a regulated rate-base model.
AQNB
Algonquin Power & Utilities
$20.11 Bn
26.13
+2.03%
+1.67%
The company operates a diversified portfolio of regulated electricity distribution franchises serving 310,000 electric connections across the US, Canada, Bermuda, and Chile. It earns revenue from regulated per-kilowatt-hour rates and fixed connection charges approved by authorities like the CPUC and NHPUC.
YPF
2nd
Ypf Sociedad Anonima
$19.94 Bn
50.70
-3.81%
+50.27%
The company operates a regulated natural gas distribution business through its subsidiary Metrogas, providing distribution services to residential, commercial, and industrial customers.
AXIA
2nd
AXIA Energia
$18.83 Bn
9.53
-0.31%
+16.65%
The company has a material transmission business, operating 74,769.43 km of lines (37% of Brazil's high-voltage system) and earning revenue via the Annual Permitted Revenue (RAP) set by ANEEL.
LNT
Alliant Energy
$17.99 Bn
69.98
-0.53%
+8.61%
Alliant Energy operates as a regulated monopoly providing electric distribution to approximately 1,010,000 retail customers through its subsidiaries IPL and WPL. It earns revenue from regulated per-kilowatt-hour rates and fixed connection charges for residential, commercial, and industrial customers.
BIP
2nd
Brookfield Infrastructure Partners
$17.54 Bn
38.32
-1.52%
+28.33%
The company operates regulated electricity and natural gas transmission and distribution franchises in Brazil, India, and South Korea, earning a return on a regulated rate base.
CNP
Centerpoint Energy
$17.49 Bn
40.54
-0.20%
+7.45%
CenterPoint Energy operates regulated electricity distribution franchises through subsidiaries like Houston Electric and CERC, serving approximately 3,006,945 metered electric customers. Its revenue is derived from regulated per-kilowatt-hour rates and fixed charges established by the Public Utility Commission of Texas.
EMA
Emera
$15.53 Bn
51.46
+0.61%
+7.81%
Emera operates several vertically integrated regulated electric utilities, including Tampa Electric Company and Nova Scotia Power, which deliver power to residential, commercial, and industrial customers under regulated tariffs.
KEP
Korea Electric Power
$14.50 Bn
11.29
-4.48%
-18.89%
Korea Electric Power Corporation is an integrated electric utility that owns and operates the transmission and distribution of substantially all electricity in South Korea, selling to residential, commercial, and industrial end users. It functions under government-sanctioned monopoly conditions, delivering power to retail customers across various sectors.
BIPC
Brookfield Infrastructure
$12.60 Bn
39.01
-1.24%
+0.44%
The company operates a regulated distribution operation in the United Kingdom providing last-mile electricity connections to residential and commercial customers under regulated tariffs. This activity is a core component of its revenue and operational structure.
WTRG
Essential Utilities
$11.46 Bn
40.37
+1.46%
+4.42%
The company operates a substantial Regulated Water segment under the Aqua brand, providing water and wastewater services to millions of people. Revenue is generated from metered consumption and rate structures approved by state utility commissions.
AES
Aes
$10.51 Bn
14.74
-0.14%
+10.33%
AES operates regulated electric utilities in Indiana, Ohio, and El Salvador, serving approximately 2.7 million residential, commercial, and industrial customers under state-approved tariffs.
OGE
Oge Energy
$9.72 Bn
47.06
-0.63%
+5.59%
OGE Energy operates as a vertically integrated electric utility providing electricity to over 913,000 residential, commercial, and industrial customers in Oklahoma and Arkansas. Its rates are regulated by the Oklahoma Corporation Commission and the Arkansas Public Service Commission, earning revenue from regulated retail sales.
MSEXP
Middlesex Water
$9.27 Bn
492.00
+0.00%
-12.14%
Middlesex Water Company owns and operates regulated water and wastewater systems, providing services to approximately 131,000 retail and wholesale customers. Its revenue is generated through the sale of water and wastewater services to residential, commercial, and industrial customers, as well as through municipal contracts for system management.
EAI
Entergy Arkansas
$9.23 Bn
19.77
+0.25%
—
Entergy Arkansas operates as a regulated electric utility providing generation, transmission, and distribution to retail customers in Arkansas under tariffs set by the Arkansas Public Service Commission. Its revenue is derived from regulated per-kilowatt-hour rates and fixed charges from residential, commercial, and industrial customers.
UGI
Ugi
$8.24 Bn
38.41
+9.46%
+11.04%
The company operates a Utilities segment that provides regulated electric and natural gas distribution services to residential, commercial, and industrial customers in Pennsylvania and neighboring states, earning revenue through rates set by public utility commissions.
PNMXO
Public Service Co Of New Mexico
$8.22 Bn
74.00
+0.00%
-5.13%
The company owns and operates two regulated electric utilities, PNM and TNMP, which deliver power to approximately 839,000 residential, commercial, and industrial customers under regulated tariffs. Its revenue is derived from electric operating revenues, including transmission and distribution rates and rate recovery mechanisms approved by regulators.
SCE-PM
Southern California Edison
$7.94 Bn
24.36
+1.12%
+3.70%
Southern California Edison operates as an investor-owned public utility delivering electricity to homes, businesses, and public facilities under rates set by the California Public Utilities Commission. Its revenue is derived from regulated per-kilowatt-hour rates and fixed charges, earning a regulated return on its rate-base assets.
NFG
2nd
National Fuel Gas
$7.93 Bn
83.39
+1.93%
-2.41%
The Utility segment, consisting of National Fuel Gas Distribution Corporation, delivers natural gas to approximately 756,000 residential, commercial, and industrial customers under a regulated cost of service model.
ELPC
Energy Co Of Parana
$7.84 Bn
10.52
-0.85%
+27.83%
Copel operates a massive regulated electricity distribution franchise under concessions from ANEEL, serving residential, industrial, commercial, and rural customers across 394 municipalities in Paraná.
SOCGP
Southern California Gas
$7.46 Bn
31.10
+0.00%
+26.58%
Southern California Gas Company is a regulated natural gas distribution utility that delivers gas to residential, commercial, and industrial customers. Its revenue is derived from rates authorized by the California Public Utilities Commission for the sale and delivery of natural gas through its pipeline network.
CIG-C
Energy Co Of Minas Gerais
$6.32 Bn
2.87
+0.35%
+7.49%
CEMIG operates a dominant electricity distribution franchise in Minas Gerais, serving approximately 9.6 million residential, commercial, and industrial customers under regulated tariffs. This distribution activity is a core segment of its business and defines its role as a regulated utility.
POR
Portland General Electric
$5.86 Bn
50.58
-0.59%
+20.63%
Portland General Electric is a vertically integrated electric utility that sells electricity to residential, commercial, and industrial customers under regulated rates approved by the Oregon Public Utility Commission. Its core revenue is derived from these retail sales within its regulated service territory.
NJR
New Jersey Resources
$5.63 Bn
55.50
+0.95%
+20.03%
The company's principal business is the distribution of natural gas through a regulated utility serving residential and commercial customers in several New Jersey counties, regulated by the New Jersey Board of Public Utilities.
BKH
Black Hills
$5.58 Bn
73.17
-0.31%
+21.24%
The company's core business involves the generation, transmission, and distribution of electricity to residential, commercial, and industrial customers under regulated tariffs approved by state utility commissions. This is explicitly described as its Electric Utilities segment, which serves customers in Colorado, Montana, South Dakota, and Wyoming.
TXNM
Txnm Energy
$5.19 Bn
57.51
-0.10%
+1.52%
TXNM operates two regulated electric utilities, PNM and TNMP, providing electricity services to approximately 844,000 residential, commercial, and industrial customers. It earns revenue through regulated per-kilowatt-hour rates and tariffs approved by the New Mexico Public Regulation Commission and the Public Utility Commission of Texas.
OGS
ONE Gas
$5.09 Bn
81.07
+1.31%
+9.54%
ONE Gas operates as a regulated public utility delivering natural gas to residential, commercial, and transportation customers in Oklahoma, Kansas, and Texas. Its revenue is derived from natural gas sales and delivery charges under rate-regulated frameworks overseen by state commissions.
NWE
NorthWestern Energy
$4.34 Bn
70.61
-0.30%
+28.55%
NorthWestern Energy operates as a regulated electric utility delivering power to approximately 850,300 customers across Montana, South Dakota, Nebraska, and Yellowstone National Park under regulated tariffs. Its electric utility operations segment involves the generation, purchase, transmission, and distribution of electricity to retail customers.
MDU
Mdu Resources
$4.30 Bn
20.44
-0.63%
+26.02%
The company operates an Electric segment that generates, transmits, and distributes electricity to retail, commercial, and industrial customers under a regulated rate base. This is presented as a core part of its identity as a regulated energy delivery company.
PAM
2nd
Pampa Energy
$4.27 Bn
79.01
-1.19%
+5.36%
The company delivers electricity to residential customers through distribution networks linked to the utility grid.
WELPM
Wisconsin Electric Power
$3.86 Bn
116.10
+0.00%
+8.96%
The company is a regulated utility providing electric service to approximately 1.18 million retail and wholesale customers in Wisconsin under a regulated monopoly position. Its revenue is primarily derived from the sale of electricity to these retail customers.
OTTR
Otter Tail
$3.83 Bn
91.22
-1.52%
+10.16%
Otter Tail operates a regulated electric utility providing generation, transmission, and distribution services to approximately 134,000 customers in Minnesota, North Dakota, and South Dakota. Revenue is generated from the sale of electricity to residential, commercial, and industrial customers under a regulated rate base.
AWR
American States Water
$3.53 Bn
88.99
+1.24%
+20.32%
The company's primary business is providing regulated water purchase, production, distribution, and sale, as well as wastewater collection and treatment services through Golden State Water Company.
CPK
Chesapeake Utilities
$3.29 Bn
136.63
+1.59%
+10.94%
The company's primary business is the delivery of electricity and natural gas to residential, commercial, and industrial customers under regulated rates set by state public service commissions. This is evidenced by its Regulated Energy segment, which includes subsidiaries like Florida Public Utilities and Delmarva Natural Gas.
AVA
Avista
$3.22 Bn
38.44
-1.51%
+4.17%
Avista operates regulated electric distribution and transmission franchises in Washington, Idaho, Oregon, Montana, and Alaska, serving residential, commercial, and industrial customers under regulatory frameworks.
CWT
California Water Service
$3.08 Bn
49.85
+0.36%
+8.25%
The company's principal operation is the ownership and regulation of water utility services, specifically the purchase, treatment, storage, and distribution of potable water. Revenue is derived from the sale of water to residential, commercial, industrial, and public authority customers under rate schedules approved by state public utility commissions.
MGEE
Mge Energy
$3.07 Bn
81.25
+0.27%
-2.58%
MGE Energy operates a regulated electric utility through its subsidiary Madison Gas and Electric Company, serving approximately 170,000 customers in Dane County. This segment accounts for about 72% of total regulated revenues, delivering power under a regulated framework.
HTO
H2O America
$2.65 Bn
63.30
+0.14%
+27.29%
H2O America owns and operates regulated water and wastewater utilities, including San Jose Water Company and Connecticut Water Company. Its primary revenue is derived from the sale of water and wastewater services to residential, commercial, and industrial customers under regulated tariffs.
EDN
Edenor
$1.02 Bn
22.46
-2.35%
-19.81%
Edenor holds an exclusive concession to distribute electricity to residential, commercial, and industrial customers in the Buenos Aires area. Its revenue is generated from the sale of electricity under regulated tariffs approved by the national energy regulator.
UTL
Unitil
$0.98 Bn
53.93
-0.13%
+14.87%
Unitil operates regulated electricity distribution franchises through Unitil Energy and Fitchburg Gas and Electric Light Company, serving approximately 110,100 customers in New Hampshire and Massachusetts. This segment contributed 44% of the company's total operating revenue.
ENIC
Enel Chile
$0.69 Bn
4.52
-1.31%
+33.33%
Enel Chile operates a regulated electricity distribution franchise serving 2.2 million customers in the Santiago Metropolitan Region, earning revenue through regulated tariffs. This distribution business is a core segment of the company, managing over 18,000 kilometers of medium and low voltage lines.
YORW
York Water
$0.54 Bn
33.36
+0.91%
+8.63%
The company's core business is the impounding, purifying, and distributing of water, as well as operating wastewater collection and treatment facilities. It generates revenue from the sale of water and wastewater services to residential, commercial, and industrial customers under a regulatory framework overseen by the Pennsylvania Public Utility Commission.
CWCO
Consolidated Water
$0.48 Bn
30.07
+0.07%
-7.31%
The company operates as a water utility, producing potable water from seawater via reverse osmosis and selling it to residential, commercial, and government customers under an exclusive retail license in the Cayman Islands. It also supplies bulk water to government-owned utilities in The Bahamas and the British Virgin Islands.
ARTNA
Artesian Resources
$0.33 Bn
35.21
+0.74%
+7.31%
Artesian Resources is a public water utility that distributes and sells water and provides wastewater collection, treatment, and disposal services to residential, commercial, and industrial customers. Its primary revenue is generated from the sale of these water and wastewater services under regulated franchises.
PCYO
Pure Cycle
$0.28 Bn
11.44
+1.51%
+13.60%
Pure Cycle operates as a water and wastewater service provider, supplying wholesale potable and non-potable water and wastewater treatment to municipal, commercial, and industrial customers. Revenue is generated from metered water usage fees, wastewater treatment charges, and tap fees.
GWRS
Global Water Resources
$0.25 Bn
8.77
-1.24%
-11.14%
Global Water Resources owns and operates 39 water, wastewater, and recycled water public utility systems. It generates revenue from water sales and wastewater treatment for residential, commercial, and industrial customers under the regulatory authority of the Arizona Corporation Commission.
RGCO
Rgc Resources
$0.22 Bn
21.57
+1.36%
+2.71%
The company's primary operations involve the regulated distribution and sale of natural gas to residential, commercial, and industrial customers through its subsidiary, Roanoke Gas. It operates under exclusive franchises and CPCNs with rates overseen by the State Corporation Commission (SCC).
CPWR
2nd
Ocean Thermal Energy
$0.02 Bn
0.01
+0.00%
—
The company's systems are designed to produce desalinated water for sale to municipalities and governmental entities, which is a core component of its revenue model alongside power generation.
QWTR
2nd
Quest Water Global
$0.01 Bn
0.06
+0.00%
+20.00%
The company operates under a 'build own operate' model where it retains ownership of installed AQUAtap™ systems and sells the purified water directly to end users and community programs, functioning as a water utility provider.