The year 2023 was tumultuous year utilities stocks. Several companies faced significant challenges that led to their stocks being considered potential sells. As a result, investors may want to consider selling their shares in these companies. The reputational damage and potential legal liabilities could weigh heavily on their future performances. These utilities stocks to sell need to evacuate your portfolio before they crash. Another factor that could lead to selling pressure in the utilities s
With the market facing uncertainties tied to economic concerns, monetary policy questions and geopolitical flashpoints (to name but a few), investors have every reason to consider utility stocks to buy. No, one shouldn’t go full bore into the sector and ignore others. However, this segment is incredibly relevant if you want to march through the slog. Fundamentally, utilities benefit from the natural monopoly. Essentially, would-be competitors don’t even bother putting up a rival offering. With e
Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs, two people familiar with the matter told Reuters. The Sempra-Bechtel pricing dispute reflects a broader hike in construction and labor costs that are affecting several U.S. liquefied natural gas (LNG) export projects under development and threaten to further delay others. Sempra "has gone back out for an EPC (engineering procurement and construction) contractor for its expansion project," one of the people familiar with the matter said.