Utilities to Watch: EDENOR S.A. (NYSE:EDN), U.S. Geothermal Inc. (NYSEMKT:HTM), Ocean Power Technologies (NASDAQ:OPTT), Companhia de Saneamento Basico (NYSE:SBS), TransCanada Corporation (NYSE:TRP)

EDENOR S.A. (ADR) (NYSE:EDN) stock opened today at $11.74 and is currently trading at $12.16. The stock showed a positive weekly performance of 16.14%.

U.S. Geothermal Inc. (NYSEMKT:HTM), announced its financial and operating results for the first 3 months ending March 31, 2014 (the “First Quarter”), and confirmed guidance for 2014, along with notable achievements for the quarter. Revenue for the First Quarter of 2014 was $8.50 million, compared to $7.09 million for the prior year period. EBITDA for the First Quarter period was $5.09 million, compared to $4.38 million for the prior year period. Net Income (Loss) for the First Quarter period was $2.55 million, compared to $2.24 million in the prior year period. Net Income (Loss) attributable to U.S. Geothermal for the First Quarter period was $1.34 million, or $0.01 per share, compared to $1.39 million, or $0.01 per share in the prior year period. U.S. Geothermal Inc. (NYSEMKT:HTM) stock opened at $0.65, in current trading session and currently is at $0.645, by gaining 0.80%. The 52 week range of $0.34 – $1.08. Company’s market capitalization is $66.38 billion.

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Ocean Power Technologies, Inc. (NASDAQ:OPTT). The investigation concerns possible violations of federal securities laws and focuses on certain statements issued by the Company concerning its business and financial prospects. Ocean Power Technologies Inc (NASDAQ:OPTT) stock is open at $1.79 and currently trading at $1.77. The EPS of the stock is -1.22. Company’s market capitalization is $31.08 million.

On May 28, Companhia de Saneamento Basico (ADR) (NYSE:SBS) expanded the Water Consumption Reduction Incentive Program on May 26 to those municipalities served by Sabesp in the Piracicaba, Capivari and Jaguari Water Basin in the Cantareira System catchment area. Customers who reduce their monthly consumption by 20% over their average monthly consumption in the last 12 months will be entitled to a discount of 30% on their bill. The measure will remain valid for bills issued as of June until December. Companhia de Saneamento Basico (ADR) (NYSE:SBS) stock opened the session at $10.51, and now is at $10.28. The 52 week range of the SBS stock remained $8.16 – $12.01 and the day range was $10.19 – $10.51.

TransCanada Corporation (USA) (NYSE:TRP)’s chief executive said Tuesday he remains “very optimistic” that the Keystone XL pipeline will get built, but he isn’t sure when it will happen. Russ Girling made the remarks during a panel session at a major economic conference in Montreal. He told reporters later that the cost of the project will be “materially more” than the current $5.4 billion estimate. TransCanada Corporation (USA) (NYSE:TRP) stock is open at $46.37 and currently trading at $46.26. The EPS of the stock is 2.17. Company’s market capitalization is $32.72 billion.