EXC - Exelon Corporation
37.89 -0.16 (-0.43%)
After hours: 5:00PM EDT
| Previous Close | 37.87 |
| Open | 38.11 |
| Bid | 38.00 x 1800 |
| Ask | 38.29 x 2900 |
| Day's Range | 37.91 - 38.59 |
| 52 Week Range | 29.28 - 50.54 |
| Volume | 5,047,609 |
| Avg. Volume | 6,005,668 |
| Market Cap | 37.076B |
| Beta (5Y Monthly) | 0.43 |
| PE Ratio (TTM) | 14.20 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.53 (4.04%) |
| Ex-Dividend Date | May 14, 2020 |
| 1y Target Est | N/A |
- Business Wire
Exelon Foundation and Exelon Corp. Name First Round Startups of The $20 million Climate Change Investment Initiative
Exelon Corp. and the Exelon Foundation have named the first round startups of the $20 Million Climate Change Investment Initiative.
- Zacks
Will Exelon (EXC) Beat Estimates Again in Its Next Earnings Report?
Exelon (EXC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Simply Wall St.
Do Institutions Own Exelon Corporation (NASDAQ:EXC) Shares?
Every investor in Exelon Corporation (NASDAQ:EXC) should be aware of the most powerful shareholder groups. Large...
- Zacks
Exelon (EXC) Up 15.2% Since Last Earnings Report: Can It Continue?
Exelon (EXC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Thomson Reuters StreetEvents
Edited Transcript of EXC earnings conference call or presentation 8-May-20 2:00pm GMT
Q1 2020 Exelon Corp Earnings Call
- Simply Wall St.
Here’s What Exelon Corporation’s (NASDAQ:EXC) Return On Capital Can Tell Us
Today we'll look at Exelon Corporation (NASDAQ:EXC) and reflect on its potential as an investment. To be precise...
- Motley Fool
Exelon Corp (EXC) Q1 2020 Earnings Call Transcript
It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer.
- Zacks
Exelon (EXC) Q1 Earnings Surpass Estimates, Revenues Miss
Exelon's (EXC) first-quarter earnings surpass estimates. The company trims its 2020 earnings guidance, taking into account the potential impact of COVID-19 on demand in the coming months.
- Zacks
Exelon (EXC) Q1 Earnings Top Estimates
Exelon (EXC) delivered earnings and revenue surprises of 2.35% and -6.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
Exelon (EXC) to Report Q1 Earnings: What's in the Offing?
Exelon's (EXC) first-quarter earnings are likely to have been affected by outages at nuclear units, and decline in demand from commercial and industrial customers due to the outbreak of COVID-19.
- Zacks
Earnings Preview: Exelon (EXC) Q1 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.
- Simply Wall St.
Read This Before Buying Exelon Corporation (NASDAQ:EXC) For Its Dividend
Dividend paying stocks like Exelon Corporation (NASDAQ:EXC) tend to be popular with investors, and for good reason...
- Simply Wall St.
If You Like EPS Growth Then Check Out Exelon (NASDAQ:EXC) Before It's Too Late
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
- Simply Wall St.
What Is Exelon's (NASDAQ:EXC) P/E Ratio After Its Share Price Tanked?
To the annoyance of some shareholders, Exelon (NASDAQ:EXC) shares are down a considerable 39% in the last month...
- Simply Wall St.
Has Exelon Corporation (NASDAQ:EXC) Improved Earnings Growth In Recent Times?
Examining Exelon Corporation's (NasdaqGS:EXC) past track record of performance is a useful exercise for investors. It...
- Thomson Reuters StreetEvents
Edited Transcript of EXC earnings conference call or presentation 11-Feb-20 3:00pm GMT
Q4 2019 Exelon Corp Earnings Call
- Simply Wall St.
Is Exelon Corporation (NASDAQ:EXC) Expensive For A Reason? A Look At Its Intrinsic Value
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Exelon Corporation...
- Zacks
Exelon (EXC) Q4 Earnings Surpass Estimates, Revenues Miss
Exelon's (EXC) fourth-quarter earnings surpass estimates and increase from the year-ago figure driven by rate increases, lower prices and decrease in nuclear outage days.
- Zacks
Key Predictions for D and EXC Q4 Earnings Slated on Feb 11
Let us focus on the Utilities that are scheduled to release Q4 earnings on Feb 11.
- Zacks
Exelon (EXC) to Report Q4 Earnings: What's in the Offing?
Exelon's (EXC) Q4 earnings are likely to have gained from cost savings and unexpected cold weather conditions.
- Zacks
Exelon (EXC) Earnings Expected to Grow: Should You Buy?
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.
- Bloomberg
The U.S. May Soon Have the World's Oldest Nuclear Power Plants
(Bloomberg) -- Bonnie Rippingille looked out at the wisps of steam curling from the Turkey Point Nuclear Power Plant across Biscayne Bay with a sense of dread. In December federal regulators approved Florida Power & Light Co.’s request to let the facility’s twin nuclear reactors remain in operation for another 20 years beyond the end of their current licenses. By that point they’ll be 80, making them the oldest reactors in operation anywhere in the world.“That’s too old,” said Rippingille, a lawyer and retired Miami-Dade County judge who was wearing a blue print shirt with white sea turtles on it. “They weren’t designed for this purpose.”With backing from the Trump administration, utilities across the nation are preparing to follow suit, seeking permission to extend the life of reactors built in the 1970s to the 2050s as they run up against the end of their 60-year licenses.Read More: Nuclear Reactors Could Run as Long as 80 Years Under Trump Plan“We are talking about running machines that were designed in the 1960s, constructed in the 1970s and have been operating under the most extreme radioactive and thermal conditions imaginable,” said Damon Moglen, an official with the environmental group Friends of the Earth. “There is no other country in the world that is thinking about operating reactors in the 60 to 80-year time frame.”Indeed, the move comes as other nations shift away from atomic power over safety concerns, despite its appeal as a carbon-free alternative to coal and other fossil fuels. Japan, which used to get more than a quarter of its electricity from nuclear power, shut down all its plants in 2011 after a tsunami caused a nuclear meltdown at three reactors in Fukushima. Only a handful have restarted while others that can’t meet stringent new standards are slated to close permanently. Germany decided that year to shutter its entire fleet by 2022 and is now having trouble meeting its ambitious climate goals. Other nations such as France and Sweden are allowing reactors to retire while they diversify into solar and wind power.By contrast, the U.S. Nuclear Regulatory Commission is poised to decide this year on requests by subsidiaries of Exelon Corp. to extend the life of two nuclear reactors at its Peach Bottom Atomic Power Station in Pennsylvania, about 100 miles from Washington, and Dominion Energy Inc. to extend the life of two nuclear reactors at a power plant in Surry, Virginia.Dominion has notified the commission it intends to ask permission to extend the life of two more reactors north of Richmond, Virginia. Duke Energy Corp. has said it plans to seek license extensions for its entire fleet of 11 nuclear reactors, starting with three in Seneca, South Carolina.“There are economic benefits,” said Rounette Nader, Duke’s director of nuclear license renewal. “Continuing to operate our existing nuclear fleet is cheaper than replacing it.”The nuclear industry has been buffeted by a wave of early reactor retirements in the face of competition from cheap natural gas and subsidized renewable power. Constructing a new nuclear plant—the only one being built in the U.S. is years behind schedule and over budget—can cost billions of dollars. Retrofitting an existing one is more likely to be in the hundreds of millions of dollars range.Read More: America to Decide Whether a Nuke Can Outlive a Human “It just makes sense,” said Maria Korsnick, president of the Nuclear Energy Institute, a Washington-based trade group that represents nuclear utilities. “I don’t think you should look at a plant just on calendar years, but rather the way that plant has been maintained, so many components have been replaced over the years. There is nothing magic about 80.”Critics such as Edwin Lyman, a nuclear energy expert with the Union of Concerned Scientists, argue that older plants contain “structures that can’t be replaced or repaired,” including the garage-sized steel reactor vessels that contain tons of nuclear fuel and can grow brittle after years of being bombarded by radioactive neutrons. “They just get older and older,” he said. If the vessel gets brittle, it becomes vulnerable to cracking or even catastrophic failure. That risk increases if it’s cooled down too rapidly—say in the case of a disaster, when cold water must be injected into the core to prevent a meltdown.Other concerns surround the durability of components such as concrete and electric cables, but an advisory board to the Nuclear Regulatory Commission, the independent government agency that gave Turkey Point the green light to operate into the 2050s, said those risks could be managed safely “without undue risk to the health and safety of the public.”The commission’s decision doesn’t sit well with Philip Stoddard, a bespectacled biology professor who serves as the mayor of South Miami, a city of 13,000 on about 18 miles away from the Turkey Point plant. He keeps a store of potassium iodide, used to prevent thyroid cancer, large enough to provide for every child in his city should the need arise.“You’ve got hurricanes, you’ve got storm surge, you’ve got increasing risks of hurricanes and storm surge,” said Stoddard, 62, from the corner office in a biology building on Florida International University’s palm-tree lined campus. All of this not only increases the likelihood of a nuclear disaster, it also complicates a potential evacuation, which could put even more lives at risk. “Imagine being in a radiation cloud in your car and you’re sitting there running out of gas because you’re in a parking lot in the freeway,” he said.Gabriel Ignetti, a 72-year-old Miami resident and retired music teacher, views nuclear power as a lesser evil than climate change and welcomes extending the life of the plant. “We have a climate emergency,” he said, “and if you have a climate emergency you can’t say we are not going to use that tool.”That’s a point backers also highlight to make the case for extending the lives of nuclear power plants. Nuclear energy provides about 20% of the nation’s electricity and about 55% of the nation’s carbon-free energy.Climate change is also one of the main cases against extending the life of Turkey Point, said Kelly Cox, the general counsel for Miami Waterkeeper, a six-person environmental group that has joined with the Natural Resources Defense Council and Friends of the Earth to challenge the NRC’s approval in the United States Court of Appeals for the District of Columbia Circuit. New data show sea level rise in the area reach as high as 4.5 feet by 2070, but regulators from the Nuclear Regulatory Commission didn’t take those updated figures into account, said Cox.“They are going to be flooded,” Cox said. “If we are relicensing a major utility we need to be preparing for the impacts of sea level rise.”Scott Burnell, a NRC spokesman, said the agency’s review process did take into account the most recent information available on sea level rise, but that “the projected rate of sea level rise and associated revisions in flood hazard are slow enough that the plants will have ample time to appropriately analyze and address possible future effects.”Read More: U.S. Nuclear Power Plants Weren’t Built for Climate ChangeOther concerns exist about the condition of the plant’s unlined earthen cooling canals, a unique system that sprawls over nearly six thousand acres. Salty water from the canals is leaking underground toward the Biscayne aquifer, the source of drinking water for about 3 million Floridians, at a rate of about a foot a day, Cox said.Peter Robbins, a spokesman for Florida Power & Light Co., a subsidiary of NextEra Energy Inc., said the utility is addressing that problem using a series of pumps to decrease the salinity in the cooling canals. The main power plant and its critical component are elevated 20 feet above sea level and are protected by concrete and reinforced buildings designed to withstand hurricanes and floods.“At the end of the day it’s a very clean, reliable source of electricity,” Robbins said. “More than anything we think this is a win for our customers. It helps keep their reliability high, it helps keep their bills low, and there are no greenhouse gases as part of nuclear.”In the city of Homestead, not far from the Turkey Point plant, Brian Goodwin, a burly 52-year-old farmer, said he didn’t believe in climate change, but supports the reactors’ extension nonetheless. “I hope they build another one,” said Goodwin. “It’s good clean power.”(Updates location of the challenge petition in the 17th paragraph; corrects Edwin Lyman’s name in the 11th paragraph.)To contact the author of this story: Ari Natter in Washington at anatter5@bloomberg.netTo contact the editor responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth WassermanJillian GoodmanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Xcel Energy (XEL) Q4 Earnings Beat Estimates, Revenues Miss
Higher electric and natural gas margin drive Xcel Energy's (XEL) Q4 earnings.
- Simply Wall St.
Exelon Corporation (NASDAQ:EXC) Delivered A Weaker ROE Than Its Industry
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Zacks
NextEra Energy (NEE) Lags Q4 Earnings & Revenue Estimates
NextEra Energy (NEE) misses Q4 earnings and revenue estimates. The company reiterates its long-term earnings guidance.
