A positive natural gas rate case and an increase in its dividend helped CMS Energy, parent of Consumers Energy, to the top for the month. For the past year, natural gas utilities dominated while less-regulated electric and natural gas companies held on to the bottom.
While it has been a total massacre for the Dow Industrials, all C Three indices have at least remained in positive territory. The chart presents the month-over-month percentage change in The C Three Composite Index for the past 12 months. As for paradigm shifts or flips, The C Three Group doesn’t actually see complete upheaval coming in the industry. There will be continued change, however, as technologies are proven and adopted, aging infrastructure is replaced, new energy sources are tapped and conservation and efficiency become increasingly important.