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Exelon Corp (EXC.N)

EXC.N on New York Stock Exchange

41.50USD
22 Jun 2018
Change (% chg)

$0.07 (+0.17%)
Prev Close
$41.43
Open
$41.59
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$41.36
Volume
1,961,359
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$42.67
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$35.38

Latest Key Developments (Source: Significant Developments)

U.S. FERC brief
Wednesday, 30 May 2018 

May 30 (Reuters) - * U.S. energy regulators said federal rules do not preempt Illinois' program to provide money to nuclear reactors that provide carbon-free energy to help prevent the units from shutting early, according to a filing with a federal appeals court.:* The U.S. Department of Justice and Federal Energy Regulatory Commission (FERC) made their comments in a brief on Tuesday in an appeal of a case brought by power generators opposed to Illinois' Zero Emission Credit (ZEC) program..* Several nuclear reactors in the United States are in danger of shutting for economic reasons because cheap and abundant natural gas from shale formations and subsidies paid to renewable energy projects have reduced power prices to their lowest levels on record in several parts of the country..* Illinois adopted the ZEC program in 2016 to keep some nuclear power plants in service to help meet the state's greenhouse gas reduction goals after Illinois power company Exelon Corp said it would shut its Clinton and Quad Cities nuclear plants because they were losing money..* In most states, the bulk of carbon-free energy comes from nuclear power plants..* Power generators, like NRG Energy Inc and Vistra Energy Inc , challenged the Illinois law in federal court, arguing it favors nuclear power over other energy resources, like gas, and boosts consumers' costs, among other things..* That legal challenge continues in the U.S. Court of Appeals for the Seventh Circuit..  Full Article

Lockheed Martin Selected To Supply Gridstar Lithium Energy Storage System To ComEd
Tuesday, 15 May 2018 

May 15 (Reuters) - Exelon Corp ::DEAL TO SUPPLY GRIDSTAR LITHIUM ENERGY STORAGE SYSTEM TO COMED.  Full Article

Exelon - Constellation CEO Joseph Nigro Promoted To CFO
Wednesday, 9 May 2018 

May 8 (Reuters) - Exelon Corp ::EXELON - CONSTELLATION CEO JOSEPH NIGRO PROMOTED TO CFO, SUCCEEDING JONATHAN H THAYER, WHO WILL LEAD BUSINESS SERVICES COMPANY TRANSFORMATION EFFORTS.  Full Article

Exelon Announces Plan To Further Reduce Its Greenhouse Gas Emissions by 15 Percent
Thursday, 26 Apr 2018 

April 26 (Reuters) - Exelon Corp ::EXELON CORP SAYS IS SETTING A GOAL TO REDUCE GREENHOUSE GAS EMISSIONS FROM ITS INTERNAL OPERATIONS BY 15 PERCENT BY 2022.  Full Article

Exelon Corporation Announces New Dividend Policy And Declares Dividend
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Exelon Corp ::EXELON CORPORATION ANNOUNCES NEW DIVIDEND POLICY AND DECLARES DIVIDEND.EXELON CORP - BOARD ANNOUNCED AN UPDATED DIVIDEND POLICY TARGETING 5 PERCENT ANNUAL DIVIDEND GROWTH FOR PERIOD COVERING 2018 THROUGH 2020.EXELON CORP - DECLARED A REGULAR QUARTERLY DIVIDEND OF $0.345 PER SHARE ON EXELON'S COMMON STOCK.  Full Article

BGE to Provide Federal Tax Reduction Benefits to Customers
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Exelon Corp ::BGE SAYS TO FILE WITH MARYLAND PUBLIC SERVICE COMMISSION TO PASS ABOUT $82 MILLION ANNUAL TAX SAVINGS TO CUSTOMERS, FROM FEDERAL TAX COST REDUCTIONS​.  Full Article

Exelon Corp Q3 GAAP earnings per share $0.85
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Exelon Corp :Exelon reports third quarter 2017 results.Q3 adjusted non-GAAP operating earnings per share $0.85.Q3 GAAP earnings per share $0.85.Q3 earnings per share view $0.86 -- Thomson Reuters I/B/E/S.Narrowing guidance for FY 2017 adjusted operating earnings to $2.55 - $2.75 per share.2017 adjusted operating EPS guidance includes $0.09 impact from delays to Illinois zero emission credit contract signing from Dec 2017 to Jan 2018​.Says "now targeting another $250 million of annual cost savings by 2020"​.  Full Article

Exelon Generation, JAPC establish joint venture
Thursday, 13 Apr 2017 

Exelon Generation: Exelon generation, JAPC establish joint venture to enhance nuclear operational excellence worldwide . Joint venture company will license and deploy Exelon nuclear management model in major nuclear power projects around world .JV co, Jexel nuclear, will be jointly controlled 50 percent by co and JAPC, with two board members each.  Full Article

Exelon Generation Co issues additional senior notes
Saturday, 11 Mar 2017 

Exelon Corp : On March 10, Exelon Generation Co LLC issued, sold an additional $250 million principal amount of its 2.950% senior notes due 2020 - Sec filing . Exelon Generation Co LLC issued and sold an additional $500 million principal amount of its 3.400% senior notes due 2022 - Sec filing . Proceeds of senior notes will partly be used to repay outstanding commercial paper obligations . 2022 notes carry interest rate of 3.400% per annum, which is payable semi-annually on March 15 and Sept 15, commencing Sept 15, 2017 .Additional 2020 notes carry an interest rate of 2.950% per annum, which is payable semi-annually on Jan 15 and July 15, commencing July 15, 2017.  Full Article

Exelon sets regular quarterly dividend of $0.318 per share
Tuesday, 25 Oct 2016 

Exelon Corp :Sets regular quarterly dividend of $0.318 per share.  Full Article

Exelon says 3 U.S. nuclear plants did not clear PJM capacity auction

May 24 U.S. power company Exelon Corp said Thursday that three of its nuclear plants did not clear in the annual capacity auction used by the PJM power grid operator to ensure enough energy resources are available to meet demand in its U.S. Mid Atlantic and Midwest region.