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Just like any major economy in the world, the US power sector is a volatile yet crucial industry that's responsible for the production and distribution of energy to residential, commercial, and industrial entities.
Moreover, the US energy sector is not limited to a single resource. There are several companies that leverage natural resources, manmade resources, or a combination of both to generate energy.
In this blog, we'll take a look at the US power sector, the major players involved, historical data, the top US energy stocks, and how to invest in US power sector stocks for as low as $1 using Cube.
The US power sector broadly includes the production, supply, and sales of electricity within the US to individual households and companies. The US also exports power to other countries like Canada and Mexico.
The US is the second-largest producer and consumer of electricity behind China and ahead of India. It has an energy/power generating capacity of approximately 1.12 billion kilowatts (kW).
US energy companies primarily used these resources to generate power in 2020:
Source: US Energy Information Administration
Furthermore, US energy companies sold approximately 3.7 trillion kWh of electricity to retail consumers in 2020. The major players in the US power sector include (but are not limited to):
The US power sector is volatile because it is exposed to several factors that can deplete or completely bring electricity production to a standstill. Some of these factors include:
The Texas Power Crisis of 2021 is an example of how power grids can be affected by natural disasters.
However, the US power sector remains pivotal to the daily functioning of practically every other industry in the US.
Furthermore, it is home to legacy companies like Baltimore Gas and Electric (owned by Exelon Corporation) that have survived for over 2 centuries.
Read this blog to know more about the benefits of investing in US stocks from India
Note: All facts & figures mentioned in the tables above have been collated from publicly available sources. The companies mentioned in the tables are listed in no particular order and are a reflection of US' most popular power sector brands at the moment. Cube Wealth does not recommend purchasing stocks based on popularity alone and suggest you consult a Wealth Coach before putting your hard-earned money into any asset.
Psst… you can buy US stocks from India for as low as $1
The S&P 500 Energy index tracks 23 of the best US power sector stocks with a total market capitalization of ~$961.15 billion. Here's the historical performance of the index:
Source: S&P Global
The Dow Jones U.S. Oil & Gas Index tracks 33 of the best Oil & Gas shares in the US with a total market cap of ~$1038.73 billion.
Source: S&P Global
The Cube Wealth app gives you access to 3000+ US stocks including energy sector shares of companies like Exxon Mobil Corporation, Chevron Corporation, NextEra Energy Inc, and more.
Cube simplifies that investment process by helping you:
Registered Investment Advisor (RIA) Rick Holbrook has been in equities research and portfolio management for over 40 years. He currently manages approximately ~$130 million for HNIs.
You can access RIA Rick Holbrook’s expert advice using the Cube Wealth app. Here's how you can get started:
2. Complete your KYC
3. Finish LRS formalities
4. Transfer money to brokerage account
5. Invest in US energy stocks
Get Cube For Free to know more about investing in the best US power sectors stocks from India.
Watch this video to know more about US stock advice on Cube Wealth
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