EXC - Exelon Corporation

NYSE - NYSE Delayed Price. Currency in USD
45.44
+0.23 (+0.51%)
At close: 4:02PM EDT
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Previous Close45.21
Open45.22
Bid0.00 x 2900
Ask46.00 x 1300
Day's Range45.04 - 45.59
52 Week Range42.19 - 51.18
Volume3,650,009
Avg. Volume5,502,589
Market Cap44.149B
Beta (3Y Monthly)0.34
PE Ratio (TTM)19.41
EPS (TTM)2.34
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & Yield1.45 (3.19%)
Ex-Dividend Date2019-08-14
1y Target Est52.34
Trade prices are not sourced from all markets
  • MoneyShow

    Conrad's Utility Investor Powers Up Exelon

    In summer 2013, Exelon Corp. (EXC) cut its quarterly payout from 52.5 cents to 31 cents per share. The 41 percent reduction was a tacit admission that no US carbon tax would save the nation's largest nuclear power fleet from falling wholesale electricity prices, explains Roger Conrad, editor of Conrad's Utility Investor.

  • Where America Flirted With Its Own Chernobyl
    Bloomberg

    Where America Flirted With Its Own Chernobyl

    (Bloomberg) -- It started with a pump failure early on the morning of March 28, 1979.Steam generators were unable to draw heat out of a reactor at the Three Mile Island nuclear power plant in Middletown, Pennsylvania. While an emergency shutdown was triggered, another problem—a stuck valve—was letting coolant escape from the reactor core.The core’s fuel began to overheat, causing the partial meltdown and release of radiation that remain the worst nuclear accident in U.S. history. The reactor, one of two at the plant, has been silent ever since. To this day, it stands as an enduring symbol of all that can potentially go wrong with American nuclear energy.But just across the complex, which sits 100 miles west of Philadelphia along the Susquehanna River, the other unit is one of the region’s biggest power sources, churning out electricity for 45 years without incident. Next month, that too will come to an end. Plant owner Exelon Corp. is scheduled to shutter the entire facility, 15 years before its license is set to expire.One reactor was brought down by mechanical failures and human error; the other by the economics of the modern utility industry.The shale revolution has made America the world’s biggest producer of natural gas. The abundance of the fossil fuel has dragged down its price, making it the largest source of the nation’s electricity. At the same time, wind and solar have been booming as the costs of components and installation fall.It’s a state of affairs that makes it tough for nuclear reactors to compete. Seven U.S. power plants have shut down since 2013, and owners have announced plans to close several more. States that include New York, New Jersey and Illinois have offered subsidies for nuclear power, but legislation to do the same in Pennsylvania foundered in the face of strong opposition from residents—and from supporters of renewables and gas. Hollywood isn’t helping, either. The demise of America’s most notorious commercial facility comes amid renewed public interest in the downsides of nuclear energy, largely due to the hit HBO miniseries “Chernobyl.” The five-episode drama that first aired in May laid out the events surrounding the April 1986 explosion at a power plant in Ukraine—then part of the USSR. It was the worst nuclear accident the planet has ever seen.While the program was criticized for getting some details wrong, it received praise for showing the terrible effects of radiation poisoning, and for explaining the enormous geographic impact of a full-scale nuclear disaster.Compared with the release of radiation at Chernobyl, which the United Nations estimated in 2005 may eventually kill 4,000 people, the accident at Three Mile Island was minor. Only a small amount of radioactive material was released, and it was later determined that the 2 million people in the surrounding area were exposed to less radiation than they would have received from a chest X-ray.However, the immediate reaction to the event was characterized by fear and confusion. Schools were closed, people were told to stay indoors and state officials urged children and pregnant women to voluntarily evacuate. In the aftermath, public support for nuclear energy fell dramatically, and government oversight of the industry increased significantly. Today, nuclear energy in the U.S. is at the center of a complicated debate. While cheap gas has upended the economics of operating reactors, whether to shut one down involves more than the bottom line.U.S. President Donald Trump has taken steps to support unprofitable nuclear and coal power plants, citing national security issues because they generate electricity around the clock. Some of his efforts have been rejected by federal energy regulators.Meanwhile, environmental groups have mixed feeling about reactors. Some are concerned about the accumulating nuclear waste that will remain deadly for thousands of years, as well as the potential for mishaps. Still, others are alarmed by the intensifying threat of climate change tied to the burning of fossil fuels—even cheap kinds such as natural gas.In the fight to slow global warming, there’s a growing recognition that the biggest sources of carbon-free power have an important role to play in helping smooth any eventual transition from fossil fuels to renewable energy.States, including California and New York, have passed laws requiring 100% emission-free electricity. Many experts agree that, based on the technology available today, such lofty goals will be all but impossible without nuclear energy. They argue that shuttering reactors for purely financial reasons ignores their ability to produce clean energy. New plants are hugely expensive to build; once shut, old plants cannot be brought back on line.Either way, Three Mile Island won’t be part of the future of American energy. Exelon will be switching off Unit 1 in a few weeks, and a decommissioning company is in talks to begin dismantling Unit 2. But even though the plant will no longer be producing electricity, it’s certain to remain part of the conversation about nuclear energy for many years to come.  To contact the author of this story: Will Wade in New York at wwade4@bloomberg.netTo contact the editor responsible for this story: David Rovella at drovella@bloomberg.net, Eugene ReznikFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Does Exelon (NYSE:EXC) Have A Healthy Balance Sheet?
    Simply Wall St.

    Does Exelon (NYSE:EXC) Have A Healthy Balance Sheet?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Business Wire

    ComEd Employs Hundreds of Goats as Safer, Lower-Impact Way to Clear Vegetation

    Once thought of strictly as farm animals, goats have undergone some serious rebranding in recent years. ComEd isn’t saying namaste to goats, but it has found a smart use for the popular animal. “Overgrown vegetation can lead to power outages, especially in storms,” said Michelle Blaise, senior vice president of technical services at ComEd.

  • Md. Public Service Commission takes first step to changing way Maryland utilities set rates
    American City Business Journals

    Md. Public Service Commission takes first step to changing way Maryland utilities set rates

    BGE and sister companies Potomac Electric Power Co. (Pepco) and Delmarva Power & Light Co. have been pushing for alternative forms of ratemaking.

  • Business Wire

    U.S. DOE Awards Grant to ComEd, Partners to Advance “Energy Internet”

    The U.S. Department of Energy’s (DOE) Office of Science has awarded a $1.05 million grant to energy company ComEd, the University of Denver, Virginia Tech and software specialist BEM Controls to create an energy internet that will enhance building energy management and benefits to occupants. The award provides funding to commercialize a blockchain-based transactive energy platform developed by BEM Controls with funding from the DOE.

  • Top Research Reports: Bristol-Myers, CME Group, Chubb & More
    Zacks

    Top Research Reports: Bristol-Myers, CME Group, Chubb & More

    Top Research Reports: Bristol-Myers, CME Group, Chubb & More

  • Thomson Reuters StreetEvents

    Edited Transcript of EXC earnings conference call or presentation 1-Aug-19 2:00pm GMT

    Q2 2019 Exelon Corp Earnings Call

  • Business Wire

    ComEd, Metropolitan Mayors Caucus Award Public Safety Grants to 25 Northern Illinois Communities

    To enhance public safety and quality of life in communities across northern Illinois, ComEd and the Metropolitan Mayors Caucus today announced grants of up to $10,000 each to 25 public agencies through the ComEd Powering Safe Communities Program. From digital messaging and speed notification signage to cameras that help locate victims in danger, the projects address critical safety needs in the communities ComEd serves.

  • Business Wire

    Constellation Accepting Applications for 2019 Energy to Educate Grant Program

    Constellation, an Exelon company, is accepting applications for its 2019 E2 Energy to Educate grant program, which provides funding for student research projects focusing on energy innovation. Students in grades 6-12 can apply for program grants up to $25,000, and students in two- and four-year colleges can apply for grants up to $50,000. “It’s imperative that we do our part to support and encourage the next generation of energy industry leaders.

  • Barrons.com

    Utility Stocks Still Make Sense

    Investors took shelter in utility stocks during the past few days of market declines, underscoring the sector’s time-honored role as a haven during times of duress. The outperformance of defensive sectors such as utilities following a rate cut, says Wayne Wicker, chief investment officer of Vantagepoint Investment Advisers, probably reflects a flight to stocks that benefit from lower rates while investors assess the state of global growth.

  • Company News for Aug 2, 2019
    Zacks

    Company News for Aug 2, 2019

    Companies In The News Are: EXC, AVP, RDS.A, TRI.

  • Alliant Energy's (LNT) Q2 Earnings Miss, Revenues Down Y/Y
    Zacks

    Alliant Energy's (LNT) Q2 Earnings Miss, Revenues Down Y/Y

    Alliant Energy's (LNT) Q2 earnings are largely affected by unfavorable weather and lower demand for utility services.

  • Exelon Corp (EXC) Q2 2019 Earnings Call Transcript
    Motley Fool

    Exelon Corp (EXC) Q2 2019 Earnings Call Transcript

    EXC earnings call for the period ending June 30, 2019.

  • Exelon's (EXC) Q2 Earnings and Revenues Miss Estimates
    Zacks

    Exelon's (EXC) Q2 Earnings and Revenues Miss Estimates

    Exelon's (EXC) second-quarter performance is significantly affected by lower realized energy prices.

  • Southern Company (SO) Surpasses Q2 Earnings, Revenues Miss
    Zacks

    Southern Company (SO) Surpasses Q2 Earnings, Revenues Miss

    Southern Company's (SO) operations and maintenance cost decrease 13.6%, while the utility's total operating expense for the period is down 32.5% from the prior-year level.

  • Business Wire

    Exelon Corporation Declares Dividend

    The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3625 per share on Exelon’s common stock. The dividend is payable on Tuesday, Sept. 10, 2019, to shareholders of record of Exelon as of 5 p.m.

  • GlobeNewswire

    Ribbon Cutting Ceremony Celebrates Renewable Natural Gas Facility in Nebraska

    DAVID CITY, Neb., July 30, 2019 -- Aria Energy, a Michigan-based renewable energy company recently celebrated a ribbon cutting ceremony for their newest Renewable Natural Gas.

  • Is a Beat Likely for Southern Company (SO) in Q2 Earnings?
    Zacks

    Is a Beat Likely for Southern Company (SO) in Q2 Earnings?

    With a strong rate base growth and constructive regulation, Southern Company (SO) is expected to generate steady earnings.

  • The World's Top 10 Utility Companies
    Investopedia

    The World's Top 10 Utility Companies

    Learn who the Top Ten utility companies in the world are, along with tips for investing in the utilities sector.

  • Exelon (EXC) to Report Q2 Earnings: What's in the Offing?
    Zacks

    Exelon (EXC) to Report Q2 Earnings: What's in the Offing?

    Rate increases are likely to aid Exelon's (EXC) second-quarter earnings that are scheduled to be announced on Aug 1, 2019.

  • CMS Energy's (CMS) Q2 Earnings & Revenues Miss Estimates
    Zacks

    CMS Energy's (CMS) Q2 Earnings & Revenues Miss Estimates

    CMS Energy's (CMS) operating income in the second quarter is $218 million, down 14.5% from the year-ago quarter.

  • Earnings Preview: Exelon (EXC) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: Exelon (EXC) Q2 Earnings Expected to Decline

    Exelon (EXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • American Electric (AEP) Q2 Earnings Beat, Revenues Down Y/Y
    Zacks

    American Electric (AEP) Q2 Earnings Beat, Revenues Down Y/Y

    American Electric's (AEP) operating income in the second quarter is $585.5 million, down 21% from the year-ago quarter.

  • Is Exelon Corporation's (NYSE:EXC) 7.2% ROE Worse Than Average?
    Simply Wall St.

    Is Exelon Corporation's (NYSE:EXC) 7.2% ROE Worse Than Average?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...