U.S. Utilities The Bare Essentials

TXNM Energy

Market Cap: US$6.3b

Through its subsidiaries, provides electricity and electric services in the United States.

Portland General Electric

Market Cap: US$5.8b

An integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon.

New Jersey Resources

Market Cap: US$5.6b

An energy services holding company, distributes natural gas.

Black Hills

Market Cap: US$5.5b

Through its subsidiaries, operates as an electric and natural gas utility company in the United States.

Brookfield Infrastructure

Market Cap: US$4.9b

Owns and operates utility investments in Brazil, the United Kingdom, and internationally.

ONE Gas

Market Cap: US$4.8b

Operates as a regulated natural gas distribution utility company in the United States.

Spire

Market Cap: US$4.6b

Engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States.

MDU Resources Group

Market Cap: US$4.4b

Engages in the regulated energy delivery businesses in the United States.

NorthWestern Energy Group

Market Cap: US$4.3b

NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers.

Otter Tail

Market Cap: US$3.7b

Engages in electric utility, manufacturing, and plastic pipe businesses in the United States.

Avista

Market Cap: US$3.3b

Operates as an electric and natural gas utility company in the United States.

MGE Energy

Market Cap: US$3.0b

Through its subsidiaries, operates as a public utility holding company in the United States.

American States Water

Market Cap: US$3.0b

Through its subsidiaries, engages in the provision of water and electric services to residential, commercial, industrial, and other customers in the United States.

Chesapeake Utilities

Market Cap: US$2.9b

Operates as an energy delivery company in the United States.

California Water Service Group

Market Cap: US$2.7b

Through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas.

H2O America

Market Cap: US$2.4b

Through its subsidiaries, provides water utility and other related services in the United States.

Hawaiian Electric Industries

Market Cap: US$2.2b

Engages in the electric utility business.

Northwest Natural Holding

Market Cap: US$2.1b

Through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States.

Middlesex Water

Market Cap: US$969.6m

Owns and operates regulated water utility and wastewater systems in the United States.

Unitil

Market Cap: US$916.8m

A public utility holding company, engages in the distribution of electricity and natural gas.

York Water

Market Cap: US$478.7m

The York Water Company impounds, purifies, and distributes drinking water.

Consolidated Water

Market Cap: US$478.2m

Supplies potable water, treats wastewater and water for reuse, and provides water-related products and services in the Cayman Islands, the Bahamas, the United States, and the British Virgin Islands.

Genie Energy

Market Cap: US$369.1m

Through its subsidiaries, engages in the provision of energy services in the United States and internationally.

Cadiz

Market Cap: US$342.2m

Provides water solutions in the United States.

Artesian Resources

Market Cap: US$334.4m

Provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania.

Ferrellgas Partners

Market Cap: US$266.9m

Ferrellgas Partners, L.P. retail distribution of propane, related equipment and supplies.

Pure Cycle

Market Cap: US$266.8m

Provides water and wastewater services in the United States.

RGC Resources

Market Cap: US$254.8m

Through its subsidiaries, operates as an energy services company.

Global Water Resources

Market Cap: US$203.9m

A water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems in metropolitan Phoenix and Tucson, Arizona.

Alaska Power & Telephone

Market Cap: US$74.1m

Through its subsidiaries, provides energy, telecommunications, and broadband services to communities in Alaska.

Garden City

Market Cap: US$61.9m

Garden City Co. is headquartered in Garden City, Kansas.

China New Energy Group

Market Cap: US$36.7m

A natural gas company, engages in the development, construction, and operation of natural gas distribution networks.

Dynastar Holdings

Market Cap: US$22.2m

Focuses on acquisition of direct selling companies providing services to commercial and residential consumers in the deregulated electricity and natural gas services sector.

Quest Water Global

Market Cap: US$2.2m

A water technology company, engages in the construction and distribution of water equipment.

Mt. Carmel Public Utility

Market Cap: US$2.2m

Distributes electricity and natural gas to residential, commercial, and industrial customers.

Summer Energy Holdings

Market Cap: US$2.1m

Engages in the provision of energy solutions in the United States.