Utilities sector is one of the most popular sector and utility stocks are favoured by a lot of investors as they often offer high dividends, and they tend to outperform other sectors in times of economic uncertainty. Below are the list of utility stocks listed on FTSE 100.
National Grid Plc
National Grid is an energy company operating in the UK and the US. It owns regulated transmission and electric generation facilities in the UK and the US. National Grid is the electricity system operator for the UK, meaning it is responsible for ensuring that homes and businesses in the UK have access to the power they need, whenever they need it.
In this capacity, National Grid is responsible for buying or selling energy depending on current demand levels in the UK. National Grid also has operations in the north-eastern US, meeting the electricity and gas utility needs of over 20 million customers in Massachusetts, New York and Rhode Island.
National Grid trades under the NG ticker, with a primary listing on the London Stock Exchange and a secondary listing on the New York Stock Exchange (NYSE).
Severn Trent Plc
Severn Trent PLC is a United Kingdom-based water utilities company. The company mainly operates in the U.K., but also in the United States and other countries in Europe. The company derives the majority of its revenue from its regulated water and wastewater segment, which supplies water and conducts sewage and environmental services. The company also operates a business services segment that is involved with renewable energy operations. The company provides contract services to industrial and municipal clients to develop water treatment facilities and networks. The firm generates its renewable energy by using hydropower, wind power, and solar power.Severn Trent PLC is a regulated water and sewerage company. The principal activity of the company is to treat and provide water and remove waste water in the UK and internationally.
Severn Trent trades on the London Stock Exchange under the SVT ticker
SSE is an energy and utility company headquartered in Perth, Scotland. SSE formerly stood for Scottish and Southern Energy, although following a rebranding in 2010 the company became known simply as SSE. In January 2020, it sold its retail business, SSE Energy Services to OVO Energy for a reported £500 million. SSE is one of the Big Six utility companies in the UK, and it is responsible for generating and supplying electricity and natural gas utilities to large areas of the UK and the Republic of Ireland. The company manages an energy distribution network in the UK and Scotland that serves more than 3.8 million homes and businesses.
SSE trades on the London Stock Exchange under the SSE ticker
United Utilities Group Plc
United Utilities Group is primarily a holding company for United Utilities Water, which is the largest publicly listed water company in the UK, supplying drinking water and wastewater services to over 3 million homes and 200,000 businesses in the North West England, including Manchester and Liverpool.Much of the company’s water supply comes from man-made lakes or reservoirs, which are mostly located in the British lake and peak districts. Aside from supply water to its customers, United Utilities also looks after the maintenance of its supply lines and any leaks in their network.
United Utilities is listed on the London Stock Exchange under the UU ticker.