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Piles of coal are shown at NRG Energy's W.A. Parish Electric Generating Station in 2011 in Thompsons, Texas. The plant, which operates natural gas and coal-fired units, is one of the largest power plants in the United States.
Piles of coal are shown at NRG Energy's W.A. Parish Electric Generating Station in 2011 in Thompsons, Texas. The plant, which operates natural gas and coal-fired units, is one of the largest power plants in the United States.
(AP)

SCOTT BARLOW

U.S. utilities are oversold, while Canada’s are just right

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

U.S. utilities stocks have made a painful about face this month, which makes this a good time to check the state of the Canadian utilities sector. With slight reservations, things look okay for now.