| 1 | EE | Excelerate Energy, Inc TTM · 2026-06-30 | Gas Utilities | $1.1B | 3.8 |
| 2 | AWX | AVALON HOLDINGS CORPORATION TTM · 2026-06-30 | Other | $10M | 4.9 |
| 3 | AVA | AVISTA CORP TTM · 2026-06-30 | Electric Utilities | $3.0B | 5.0 |
| 4 | HE | HAWAIIAN ELECTRIC INDUSTRIES, INC. TTM · 2026-06-30 | Electric Utilities | $1.5B | 5.2 |
| 5 | EIX | EDISON INTERNATIONAL TTM · 2026-03-31 | Electric Utilities | $21.4B | 6.4 |
| 6 | NFG | NATIONAL FUEL GAS COMPANY TTM · 2026-06-30 | Gas Utilities | $7.6B | 6.6 |
| 7 | SMC | Summit Midstream Corporation TTM · 2026-06-30 | Gas Utilities | $443M | 7.9 |
| 8 | ET | ENERGY TRANSFER LP TTM · 2026-06-30 | Gas Utilities | $70.3B | 8.2 |
| 9 | UGI | UGI CORPORATION TTM · 2026-06-30 | Gas Utilities | $8.1B | 8.2 |
| 10 | AROC | Archrock, Inc. TTM · 2026-06-30 | Gas Utilities | $5.3B | 8.8 |
| 11 | POR | PORTLAND GENERAL ELECTRIC COMPANY TTM · 2026-06-30 | Electric Utilities | $5.3B | 9.4 |
| 12 | NWN | NORTHWEST NATURAL HOLDING COMPANY TTM · 2026-06-30 | Gas Utilities | $2.0B | 9.7 |
| 13 | VG | VENTURE GLOBAL, INC. TTM · 2026-06-30 | Gas Utilities | $32.8B | 9.7 |
| 14 | ES | EVERSOURCE ENERGY TTM · 2026-06-30 | Electric Utilities | $24.9B | 9.9 |
| 15 | USAC | USA Compression Partners, LP TTM · 2026-06-30 | Gas Utilities | $3.7B | 9.9 |
| 16 | CQP | Cheniere Energy Partners, L.P. FY · 2025-12-31 | Gas Utilities | $30.8B | 10.2 |
| 17 | EXC | EXELON CORPORATION TTM · 2026-03-31 | Electric Utilities | $43.4B | 10.2 |
| 18 | LNG | CHENIERE ENERGY, INC. TTM · 2026-06-30 | Gas Utilities | $58.3B | 10.3 |
| 19 | PNW | PINNACLE WEST CAPITAL CORPORATION TTM · 2026-06-30 | Electric Utilities | $12.1B | 10.6 |
| 20 | DUK | DUKE ENERGY CORPORATION TTM · 2026-03-31 | Electric Utilities | $91.8B | 10.6 |
| 21 | WES | Western Midstream Partners, LP TTM · 2026-03-31 | Gas Utilities | $18.7B | 10.9 |
| 22 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. TTM · 2026-06-30 | Gas Utilities | $77.5B | 11.0 |
| 23 | NJR | NEW JERSEY RESOURCES CORPORATION TTM · 2026-06-30 | Gas Utilities | $5.3B | 11.2 |
| 24 | NI | NiSource Inc. TTM · 2026-06-30 | Electric Utilities | $19.8B | 11.3 |
| 25 | SPRU | Spruce Power Holding Corporation TTM · 2026-06-30 | Electric Utilities | $29M | 11.5 |
| 26 | OGE | OGE ENERGY CORP. TTM · 2026-03-31 | Electric Utilities | $9.7B | 11.6 |
| 27 | BKH | Black Hills Corporation TTM · 2026-06-30 | Electric Utilities | $5.8B | 11.6 |
| 28 | SWX | Southwest Gas Holdings, Inc. FY · 2025-12-31 | Gas Utilities | $6.2B | 11.7 |
| 29 | EVRG | EVERGY, INC. TTM · 2026-03-31 | Electric Utilities | $18.8B | 11.8 |
| 30 | OKE | ONEOK, Inc. TTM · 2026-06-30 | Gas Utilities | $58.0B | 11.8 |
| 31 | KGS | Kodiak Gas Services, Inc. TTM · 2026-06-30 | Gas Utilities | $5.3B | 11.8 |
| 32 | GNE | Genie Energy Ltd. TTM · 2026-06-30 | Electric Utilities | $444M | 11.8 |
| 33 | ORA | ORMAT TECHNOLOGIES, INC. TTM · 2026-06-30 | Electric Utilities | $5.6B | 11.9 |
| 34 | HNRG | HALLADOR ENERGY CO TTM · 2026-06-30 | Electric Utilities | $686M | 12.0 |
| 35 | ARTNA | ARTESIAN RESOURCES CORPORATION TTM · 2026-06-30 | Water Utilities | $349M | 12.1 |
| 36 | EMA | EMERA INCORPORATED FY · 2025-12-31 | Electric Utilities | $14.1B | 12.3 |
| 37 | SO | SOUTHERN CO TTM · 2026-03-31 | Electric Utilities | $100.1B | 12.3 |
| 38 | PPL | | Electric Utilities | $25.8B | 12.4 |
| 39 | NRG | NRG Energy, Inc TTM · 2026-06-30 | Electric Utilities | $22.4B | 12.4 |
| 40 | RGCO | RGC Resources, Inc. TTM · 2026-06-30 | Gas Utilities | $236M | 12.5 |
| 41 | SRE | | Gas Utilities | $53.5B | 12.5 |
| 42 | NGL | NGL Energy Partners LP TTM · 2026-06-30 | Gas Utilities | $1.8B | 12.5 |
| 43 | TXNM | TXNM Energy, Inc. TTM · 2026-03-31 | Electric Utilities | $6.4B | 12.5 |
| 44 | FTS | FORTIS INC. FY · 2025-12-31 | Electric Utilities | $27.5B | 12.6 |
| 45 | CWEN | Clearway Energy, Inc. TTM · 2026-06-30 | Electric Utilities | $3.7B | 12.6 |
| 46 | TRP | TC ENERGY CORPORATION FY · 2025-12-31 | Gas Utilities | $63.1B | 12.7 |
| 47 | AEE | Ameren Corporation TTM · 2026-06-30 | Electric Utilities | $28.6B | 12.7 |
| 48 | DTE | DTE ENERGY CO TTM · 2026-03-31 | Electric Utilities | $26.6B | 12.8 |
| 49 | CNP | CENTERPOINT ENERGY INC TTM · 2026-03-31 | Electric Utilities | $25.7B | 12.8 |
| 50 | CPK | CHESAPEAKE UTILITIES CORP TTM · 2026-06-30 | Gas Utilities | $3.3B | 13.0 |
| 51 | CWT | CALIFORNIA WATER SERVICE GROUP TTM · 2026-06-30 | Water Utilities | $2.8B | 13.0 |
| 52 | CMS | CMS ENERGY CORPORATION TTM · 2026-06-30 | Electric Utilities | $20.7B | 13.1 |
| 53 | FE | FIRSTENERGY CORP TTM · 2026-03-31 | Electric Utilities | $26.2B | 13.3 |
| 54 | VST | Vistra Corp. TTM · 2026-06-30 | Electric Utilities | $53.1B | 13.3 |
| 55 | OPAL | OPAL FUELS INC. FY · 2025-12-31 | Gas Utilities | $50M | 13.3 |
| 56 | OTTR | OTTER TAIL CORPORATION TTM · 2026-06-30 | Electric Utilities | $3.7B | 13.4 |
| 57 | AEP | American Electric Power Company, Inc. FY · 2025-12-31 | Electric Utilities | $67.6B | 13.4 |
| 58 | KNTK | KINETIK HOLDINGS INC. TTM · 2026-06-30 | Gas Utilities | $4.4B | 13.5 |
| 59 | CTRI | Centuri Holdings, Inc. TTM · 2026-06-28 | Gas Utilities | $2.1B | 13.5 |
| 60 | AWK | AMERICAN WATER WORKS COMPANY, INC. TTM · 2026-06-30 | Water Utilities | $25.7B | 13.7 |
| 61 | KMI | KINDER MORGAN, INC. TTM · 2026-06-30 | Gas Utilities | $73.7B | 13.7 |
| 62 | HTO | H2O AMERICA TTM · 2026-03-31 | Water Utilities | $2.5B | 13.8 |
| 63 | MNTK | MONTAUK RENEWABLES, INC. TTM · 2026-06-30 | Gas Utilities | $342M | 14.0 |
| 64 | XEL | Xcel Energy Inc. TTM · 2026-06-30 | Electric Utilities | $46.3B | 14.0 |
| 65 | NWE | NORTHWESTERN ENERGY GROUP, INC. TTM · 2026-06-30 | Electric Utilities | $4.6B | 14.1 |
| 66 | D | DOMINION ENERGY, INC TTM · 2026-03-31 | Electric Utilities | $54.9B | 14.2 |
| 67 | ATO | Atmos Energy Corp TTM · 2026-06-30 | Gas Utilities | $27.4B | 14.3 |
| 68 | WEC | WEC ENERGY GROUP, INC. TTM · 2026-06-30 | Electric Utilities | $34.2B | 14.4 |
| 69 | ETR | ENTERGY CORP /DE/ TTM · 2026-03-31 | Electric Utilities | $49.7B | 14.5 |
| 70 | GWRS | Global Water Resources, Inc. TTM · 2026-06-30 | Water Utilities | $236M | 14.5 |
| 71 | WM | Waste Management, Inc TTM · 2026-03-31 | Other | $84.4B | 14.6 |
| 72 | WTRG | Essential Utilities, Inc. TTM · 2026-06-30 | Water Utilities | $11.1B | 14.6 |
| 73 | TRGP | TARGA RESOURCES CORP. TTM · 2026-06-30 | Gas Utilities | $62.3B | 14.8 |
| 74 | CEG | CONSTELLATION ENERGY CORPORATION TTM · 2026-06-30 | Electric Utilities | $104.1B | 14.8 |
| 75 | AWR | AMERICAN STATES WATER CO TTM · 2026-06-30 | Water Utilities | $3.3B | 14.9 |
| 76 | SR | Spire Inc. FY · 2025-09-30 | Gas Utilities | $4.7B | 15.0 |
| 77 | LNT | ALLIANT ENERGY CORP TTM · 2026-03-31 | Electric Utilities | $17.2B | 15.2 |
| 78 | MSEX | MIDDLESEX WATER COMPANY TTM · 2026-06-30 | Water Utilities | $1.0B | 15.3 |
| 79 | YORW | YORK WATER COMPANY TTM · 2026-06-30 | Water Utilities | $509M | 15.5 |
| 80 | RSG | REPUBLIC SERVICES, INC. TTM · 2026-06-30 | Other | $67.3B | 15.5 |
| 81 | CWCO | CONSOLIDATED WATER CO. LTD. TTM · 2026-06-30 | Water Utilities | $492M | 15.8 |
| 82 | WCN | WASTE CONNECTIONS, INC. TTM · 2026-06-30 | Other | $38.7B | 16.3 |
| 83 | CLH | CLEAN HARBORS, INC TTM · 2026-03-31 | Other | $16.8B | 16.9 |
| 84 | WMB | Williams Companies, Inc. TTM · 2026-06-30 | Gas Utilities | $90.7B | 17.0 |
| 85 | NEE | NEXTERA ENERGY INC TTM · 2026-03-31 | Electric Utilities | $163.8B | 17.2 |
| 86 | AM | ANTERO MIDSTREAM CORPORATION FY · 2025-12-31 | Gas Utilities | $10.0B | 17.2 |
| 87 | CWST | CASELLA WASTE SYSTEMS, INC. TTM · 2026-06-30 | Other | $5.4B | 17.3 |
| 88 | XIFR | XPLR INFRASTRUCTURE, LP FY · 2025-12-31 | Electric Utilities | $972M | 17.8 |
| 89 | IDA | IDACORP INC FY · 2025-12-31 | Electric Utilities | $7.9B | 18.2 |
| 90 | PCYO | PURE CYCLE CORPORATION TTM · 2026-05-31 | Water Utilities | $271M | 18.4 |
| 91 | CLNE | CLEAN ENERGY FUELS CORP. TTM · 2026-06-30 | Gas Utilities | $311M | 30.7 |
| 92 | TLN | Talen Energy Corporation TTM · 2026-06-30 | Electric Utilities | $18.0B | 65.3 |