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Technical Roundup on Utilities Stocks -- ONEOK, Companhia de Saneamento Básico do Estado de São Paulo, Clean Energy Fuels, and Avangrid

OKE, SBS, CLNE, AGR

PR Newswire

NEW YORK, May 18, 2017 /PRNewswire/ --

Lined up for assessment on Stock-Callers.com are ONEOK Inc. (NYSE: OKE), Companhia de Saneamento Básico do Estado de São Paulo (NYSE: SBS), Clean Energy Fuels Corp. (NASDAQ: CLNE), and Avangrid Inc. (NYSE: AGR). These companies are part of the Utilities sector, which ranked ninth out of the ten sectors in Seeking Alpha's "Q2'17 Sector Ratings for ETFs and Mutual Funds" report. The sector received a "Dangerous" rating on the report, based on an aggregation of ratings of nine ETFs and 35 mutual funds. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

ONEOK  

Tulsa, Oklahoma headquartered ONEOK Inc.'s stock finished Wednesday's session 2.24% lower at $49.75 with a total trading volume of 2.00 million shares. The Company's shares are trading 2.90% below their 200-day moving average. Shares of the Company, which engages in the gathering, processing, storage, and transportation of natural gas in the US, have a Relative Strength Index (RSI) of 36.11.

On April 18 th, 2017, research firm Guggenheim initiated a 'Buy' rating on the Company's stock.

On May 16 th, 2017, ONEOK announced that along with ONEOK Partners, L.P., it will participate in the MUFG Oil & Gas Conference on Thursday, May 18 th, 2017, in New York City. Derek S. Reiners, Senior Vice President, CFO, and Treasurer of both companies, will conduct a series of one-on-one meetings with investment-community representatives at the conference.  OKE complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=OKE


Companhia de Saneamento Básico do Estado de São Paulo  

On Wednesday, shares in Sao Paulo, Brazil headquartered Companhia de Saneamento Básico do Estado de São Paulo recorded a trading volume of 2.48 million shares, which was above their three months average volume of 1.79 million shares. The stock ended the session 3.92% lower at $10.06. The Company's shares have advanced 20.35% on an YTD basis. The stock is trading 2.51% above its 50-day moving average and 8.75% above its 200-day moving average. Moreover, shares of the Company, which provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of Sao Paulo, have an RSI of 55.71.

On April 20 th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Neutral' to 'Sell'.

On May 12 th, 2017, the Company announced its Q1 2017 results. Net operating revenue, including construction revenue, reached R$3,558.8 million during the quarter; costs and expenses, including construction costs, totaled R$2,539.2 million; adjusted EBIT was R$1,021.4 million; and adjusted EBITDA was R$1,353.4 million. The Company also recorded a net income of R$674.4 million in Q1 2017. The complimentary report on SBS can be downloaded at:


http://stock-callers.com/registration/?symbol=SBS


Clean Energy Fuels  

Newport Beach, California headquartered Clean Energy Fuels Corp.'s shares closed the day 0.80% lower at $2.48. The stock recorded a trading volume of 1.19 million shares. The Company's shares are trading 1.00% below their 50-day moving average. Additionally, shares of Clean Energy Fuels, which provides natural gas as an alternative fuel for vehicle fleets in the US and Canada, have an RSI of 47.85.

On May 04 th, 2017, Clean Energy Fuels announced operating results for Q1 ended March 31st, 2017. Revenue for the quarter was $89.5 million; GAAP net income was $61.1 million; non-GAAP income was $0.41 per share; and adjusted EBITDA was $80.7 million. The Company also delivered 85.1 million gallons in Q1 2017, a 9.8% increase from 77.5 million gallons delivered in Q1 2016. Sign up for your complimentary report on CLNE at:

http://stock-callers.com/registration/?symbol=CLNE


Avangrid  

Shares in New Gloucester, Maine-based Avangrid Inc. finished 0.63% lower at $43.94. The stock recorded a trading volume of 307,037 shares. The Company's shares have advanced 0.37% in the last one month, 10.28% in the previous three months, and 17.18% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.70% and 9.03%, respectively. Furthermore, shares of Avangrid, which operates as a diversified energy and utility company in the US, have an RSI of 55.05.

On May 09 th, 2017, Avangrid Renewables, a subsidiary of Avangrid, and Vineyard Wind announced that they have formed a strategic partnership to jointly develop a large-scale, wind-energy project off the coast of Massachusetts. Avangrid Renewables is acquiring a 50% ownership interest in Vineyard Wind, the offshore wind energy developer that is part of the Copenhagen Infrastructure Partners portfolio. Download the research report for free on AGR at:

http://stock-callers.com/registration/?symbol=AGR

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