Bank of America Merrill Lynch utilities sector analysis and valuation charts

Bank of America Merrill Lynch utilities sector analysis and valuation charts The passage provides routine financial analysis of the utilities sector with charts and valuation metrics. It contains no references to high‑profile individuals, government agencies, or controversial actions, offering no actionable investigative leads. Key insights: Utilities stocks trade above ex‑pipeline value according to BofA Merrill Lynch research.; Sector EV/EBITDA is near 10‑year lows, indicating a discount to the market.; Dividend yields are at two‑year highs, suggesting more secure payouts.