Utilities New Highs: Pepco (NYSE:POM), Enersis (NYSE:ENI), UGI Corp (NYSE:UGI), Niska Gas Storage Partners (NYSE:NKA), Summit Midstream Partners (NYSE:SMLP)

On June 20,2014 Exelon Corporation (NYSE:EXC) and Pepco Holdings, Inc. (NYSE:POM) have filed applications seeking approval for their proposed merger with the Delaware Public Service Commission and the District of Columbia Public Service Commission. The companies had announced their merger on April 30. Pepco Holdings, Inc. (NYSE:POM) net profit margin is -2.80% and weekly performance is 1.46%. On last trading day company shares ended up $27.88. Analysts mean target price for the company is $23.89. Pepco Holdings, Inc. (NYSE:POM) distance from 50-day simple moving average is 3.14%.

Enersis S.A. (ADR) (NYSE:ENI) shares advanced 1.83% in last trading session and ended the day on $17.27. ENI Gross Margin is 43.20% and its return on assets is 4.40%. Enersis S.A. (ADR) (NYSE:ENI) quarterly performance is 14.22%.

UGI Corp (NYSE:UGI) had its price target increased by BMO Capital Markets from $49.00 to $50.00 in a research report sent to investors on Thursday morning. The firm currently has a market perform rating on the stock. UGI Corp (NYSE:UGI) shares moved up 0.50% in last trading session and was closed at $50.73, while trading in range of $50.17-$51.02. UGI Corp (NYSE:UGI) year to date performance is 23.91%.

Niska Gas Storage Partners LLC (NYSE:NKA) Got a Zacks Rank #2 (Buy). Niska Gas Storage Partners LLC (NYSE:NKA) ended the last trading day at $16.04. Company weekly volatility is calculated as 1.19% and price to cash ratio as 75.39. Niska Gas Storage Partners LLC (NYSE:NKA) showed a positive weekly performance of 4.22%.

Moody’s Investors Service assigned a B3 rating to Summit Midstream Partners LP (NYSE:SMLP) and co-issuer Summit Midstream Finance Corp.’s proposed $300 million of senior unsecured notes due 2022. Summit’s other ratings and stable outlook were unchanged. Net proceeds from this offering will be used to repay indebtedness outstanding under its senior secured revolving credit facility. Summit Midstream Partners LP (NYSE:SMLP) net profit margin is 12.40% and weekly performance is 1.42%. On last trading day company shares ended up $51.57. Analysts mean target price for the company is $52.56. Summit Midstream Partners LP (NYSE:SMLP) distance from 50-day simple moving average is 10.68%.