Springfield, Massachusetts-based Eversource Energy (ES) engages in the energy delivery business and transmits and delivers electricity and natural gas to residential, commercial, and industrial customers. Valued at a market cap of $21.3 billion, the company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and Eversource Energy fits right into that category. The utility giant serves approximately 1.8 million customers throughout Massachusetts, including almost 1.47 million electric customers in 140 communities, 639,000 gas customers in 117 communities, and 8,800 water customers in five communities.
