|Bid||41.85 x 2900|
|Ask||41.86 x 800|
|Day's Range||41.60 - 42.02|
|52 Week Range||35.37 - 42.72|
|PE Ratio (TTM)||11.95|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.38 (3.30%)|
|1y Target Est||44.35|
This could indicate that investors who seek to profit from falling equity prices are not currently targeting EXC. Over the last one-month, outflows of investor capital in ETFs holding EXC totaled $1.22 billion.
Some top executives electing to stay on with the D.C. utility received signing bonuses to do so, including $3 million for the new CEO.
A new survey conducted by the Exelon Foundation shows that only 50 percent of the next generation of women remain optimistic about the future of women in science, technology, engineering and math (STEM). In fact, nearly six times as many high school girls believe companies view men as more qualified for STEM jobs than women. As part of Exelon’s ongoing efforts to empower young women and advance gender equality, the Exelon Foundation, with the UN Women HeForShe initiative, is launching its inaugural STEM Innovation Leadership Academy for teen girls in Chicago, followed by the launch of a second academy in Washington, D.C. With only 15 percent of high school girls in the U.S. expressing interest in STEM majors or careers – compared with 40 percent of high school boys1 – the week-long immersive STEM Innovation Leadership Academy is designed to provide hands-on learning and mentorship opportunities.
Exelon (EXC) is currently trading at an enterprise-value-to-EBITDA valuation multiple of 8.0x, which is higher than its five-year average valuation. Compared to its historical average, EXC seems to be trading at a premium.
Exelon (EXC) is the largest utility holding company by revenue among the S&P 500 utilities (XLU). According to analysts’ consensus, Exelon has a mean price target of $44.12 against its current market price of $42.45. That suggests an estimated upside of 4% going forward.
An executive for FirstEnergy Solutions painted a bleak picture for the company's future of its retail electricity contracts, detailing a severe drop in their value from about $824 million for the rest of the year to $48.2 million in 2022. FirstEnergy Solutions and Constellation, a subsidiary of Exelon Corp. (NYSE: EXC), reached agreement Monday on a stalking-horse bid of $140 million for the retail contracts, which represent about 900,000 commercial, industrial and residential customers in six states, including Pennsylvania. FirstEnergy Solutions estimates it will collect a total of $280 million when it adds cash and working capital to the deal.
Exelon is the stalking horse bidder for the assets, which means that during the Sept. 6 auction, its $140 million bid would be the floor for the bidding.
Corp.’s retail and wholesale power supplier, Constellation, wants to buy FirstEnergy Solutions Corp.’s retail power business for $140 million in cash. Chicago-based Exelon disclosed the purchase agreement in a securities filing Tuesday morning. Exelon said the deal would boost its footprint in Midwest and Mid-Atlantic states, where FirstEnergy Solutions has focused its business.
AKRON, Ohio, July 10, 2018 /PRNewswire/ -- FirstEnergy Solutions Corp. ("FES") announced today that it has agreed to sell its retail and wholesale load-serving business to Constellation, a subsidiary of Exelon Corporation (EXC), for a purchase price of $140 million in cash, subject to certain purchase price adjustments. FES has approximately 900,000 Commercial & Industrial and Residential customers in six states in the Midwest and Mid-Atlantic, primarily Ohio and Pennsylvania and serves 41 terawatt-hours of electricity load. The transaction with Constellation does not include the transfer of (i) FES cash collateral posted with various counterparties or (ii) FES working capital.
Corp.’s retail and wholesale power supplier, Constellation, wants to buy FirstEnergy Solutions Corp.’s retail power business for $140 million in cash. Chicago-based Exelon disclosed the purchase agreement in a securities filing Tuesday. Exelon said the deal would boost its footprint in Midwestern and Mid-Atlantic states, where FirstEnergy Solutions focused its business.
Exelon announced today that its board of directors elected John F. Young as a director. Energy Future Holdings was a Dallas-based energy company with a portfolio of competitive generation and regulated utility businesses. “John brings tremendous leadership qualities, operational expertise and industry knowledge and perspective to our board,” said Mayo Shattuck, chairman of Exelon.
David Diaz, vice president of finance at Constellation, founded the Baltimore chapter of the Association of Latino Professionals for America in December 2017.
Public Service Commission engineers are questioning whether BGE restored service to customers "as quickly and safely as permitted."
The second half of the year isn’t exactly off to a sizzling start. Then again, July usually isn’t necessarily a barn-burner, with the S&P 500 averaging only a 0.9% gain.
Utilities in the U.S. Northeast expect to have enough power to keep the lights on as homes and businesses crank up air conditioners to escape a heat wave, the region's power grid operators said on Tuesday. Temperatures in the biggest U.S. Northeast cities were all expected to reach the 90s Fahrenheit (32 Celsius) this week, the highest so far this summer. "We expect to have sufficient capacity through the heat wave but we will continue to closely monitor regional electricity supplies," said Marcia Blomberg, a spokeswoman at ISO New England, which operates the grid for the six New England states.
Exelon Generation Co. is exploring relocating its offices in Kennett Square where it leases two buildings totaling 250,000 square feet. Exelon Generation, which is a part of Exelon Corp., which owns Peco Energy, has housed its operations on a 51-acre campus at 200 and 300 Exelon Way since 2000.
LACEY TOWNSHIP, N.J. (AP) — America's oldest nuclear power plant will shut down on Sept. 17, but the Oyster Creek plant near the New Jersey shore will stay right where it is for the next 60 years.
For Michael Bapis, partner and managing director at the Bapis Group at HighTower Advisors, Intel INTC is at the top of his mind. Intel shares sank 10 percent in the last month, but Bapis says the name is a leader within the semiconductors, poised to rise again.
Investors are always looking for growth in small-cap stocks like Excellence SA (WSE:EXC), with a market cap of zł22.08m. However, an important fact which most ignore is: how financially healthyRead More...
Focus is shifted on the utilities sector, which includes companies such as electric, gas, and water firms, and the Diversified Utilities sector includes companies that distribute multiple resources.Pre-market today, WallStEquities.com has selected the following stocks for review: UGI Corp. (NYSE: UGI), Exelon Corp. (NYSE: EXC), NiSource Inc. (NYSE: NI), and NorthWestern Corp. (NYSE: NWE). On Tuesday, shares in King of Prussia, Pennsylvania-based UGI Corp. recorded a trading volume of 457,844 shares.
Let’s look now at Exelon (EXC). The stock has beaten the S&P 500 (SPY), the Dow Jones Industrial Average (DIA), and the Nasdaq Composite (ONEQ) with its dividend yield. However, it has been beaten by the Nasdaq Composite in terms of YTD (year-to-date) returns. It has the lowest PE ratio of the five stocks we’re covering in this series.
Conamix, an Ithaca, New York-based battery-technology startup, raised $2 million from investors including an Exelon Corp.-backed company focused on innovations in energy storage.
The Series A funding is part of an $8 million commitment from Volta Energy Technologies and another backer, according to Conamix Chief Executive Officer Charles Hamilton. Conamix’s technology is intended to reduce the cost of batteries used for electric vehicles and grid storage. It “enables significantly higher energy density at a lower cost,” Jeff Chamberlain, Volta’s chief executive officer, said in an interview.