Mt Carmel Public Utility- A Tiny Dark Utility Stock

By | November 1, 2023

What’s the smallest publicly traded utility in the US?
Though it’s dark and expert market only, I believe the answer is Mt. Carmel Public Utility(MCPB). It is a tiny electric and gas utility serving Mr. Carmel, IL. It traded by appointment prior to the ridiculous SEC reg on dark stocks, and now trades only on the expert market. “Trades”, I should say, as it doesn’t. It pays a dividend, and historic trades are well below its book value.

For the intrepid, financials are filed with the state utility regulator.

Do you own any? Let me know.

Disclosure: The author owns shares in Mt Carmel Public Utility(MCPB)

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