Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services. In addition, it is involved in the purchase and regulated retail sale of electricity and natural gas; and transmission and distribution of electricity, and distribution of natural gas to retail customers. Further, the company offers support services, including legal, human resources, information technology, financial, supply management, accounting, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was incorporated in 1999 and is headquartered in Chicago, Illinois.
IPO Year:
Exchange: NASDAQ
Website: exeloncorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2024 | $46.00 | Buy | Jefferies |
| 1/10/2024 | $36.00 → $39.00 | Neutral → Buy | Mizuho |
| 1/8/2024 | Buy → Neutral | Seaport Research Partners | |
| 1/2/2024 | $47.00 → $37.00 | Buy → Neutral | UBS |
| 12/18/2023 | $41.00 | Overweight → Neutral | JP Morgan |
| 12/18/2023 | $45.00 → $38.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/15/2023 | Outperform → In-line | Evercore ISI | |
| 12/15/2023 | $44.00 → $40.00 | Buy → Neutral | Guggenheim |
| 11/21/2023 | $45.00 → $40.00 | Buy → Neutral | Mizuho |
| 8/23/2023 | $43.00 | Overweight | Barclays |
Pending ICC approval, KARE Project to sustain improved reliability and meet DeKalb's growing energy demands ComEd on Jan. 16 presented to the Illinois Commerce Commission (ICC) plans to construct a new transmission line in DeKalb County to meet growing energy demand, reinforce grid reliability and support economic growth. If approved, the Kishwaukee Area Reliability Extension (KARE) Project will be constructed south of the city of DeKalb beginning next year. "We are pleased to help support continued economic growth in DeKalb County by making the transmission investments needed to ensure delivery of efficient and reliable electrical service to ComEd customers throughout the area," said D
Two Awards Highlight Exemplary Recovery Efforts Following July Extreme Weather in Northern Illinois, Assistance Efforts Following Destructive Hurricanes that Hit Southern States ComEd was recently recognized by the Edison Electric Institute (EEI) as a recipient of two Emergency Response Awards. The Emergency Recovery Award was presented to ComEd for its exemplary recovery efforts in response to severe weather that spawned more than 40 tornadoes in northern Illinois last July, and the Emergency Assistance Award was presented to ComEd in recognition of its assistance efforts restoring service to homes and businesses in the South following Hurricanes Helene and Milton. "ComEd lineworkers a
Credentials designed to enhance utility training programs that help local and diverse contractors compete in the growing energy efficiency industry ComEd and Nicor Gas are collaborating to provide advanced energy efficiency certification opportunities to recent graduates of the utilities' Market Development Initiative (MDI) programs. MDI is an educational offering designed to provide training and advanced certifications for new and experienced professionals in the growing energy efficiency, with a focus on local and diverse individuals and entrepreneurs. The Building Performance Institute (BPI) certifications will allow home performance professionals to conduct energy modeling, building
Refiled plan meets all requirements and aligns with State's Climate and Equitable Jobs Act The Illinois Commerce Commission (ICC) yesterday approved, with modifications, ComEd's refiled grid plan presented in March of 2024 after changes to the original plan were requested by the ICC in December of 2023. It prioritizes improvements in system reliability to support the growth of renewable energy and continued economic development, as well as other goals of the Illinois Climate and Equitable Jobs Act (CEJA), which puts Illinois on a path to a fully decarbonized energy sector by 2045. "We are grateful for the collaboration with the ICC and with other stakeholders whose input helps us align
160th community solar project in northern Illinois to serve Boone County and local businesses ComEd President and CEO Gil Quiniones, Illinois Commerce Commission Chairman Doug Scott, Boone County Board Chairman Karl Johnson and representatives of Ameresco, Inc. cut the ribbon today on a community solar project constructed on a former landfill owned by Boone County and operated by the city of Belvidere. It is the 160th community solar project in ComEd's northern Illinois service area and one of the first to serve a county government and area businesses. "The Belvidere project reflects the growing interest beyond the residential sector in the benefits of community solar, and the continued
ComEd pilot aims to explore scalability of solar and energy storage solutions to support a more resilient power grid ComEd, in partnership with the U.S. Department of Energy (DOE), today celebrated the commissioning of a new battery-energy storage system in Rockford. This battery system is a critical component of ComEd's ongoing $6.5 million solar and battery energy storage project, funded in part through the DOE Enabling Extreme Real-Time Grid Integration of Solar Energy (ENERGISE) program. The pilot project pairs this new battery energy storage system with an existing customer-owned solar deployment, located at Rockford's Prairie Street Brewing Company, and will enable ComEd's research
No-cost, low-cost energy-efficiency tips can help families and individuals save money and the environment this winter season As temperatures drop, ComEd's Energy Doctors are available to offer energy-saving tips that can help families and individuals manage energy use and save money on electric bills. Energy Doctors are a resource for ComEd customers who want to keep energy costs low as outside temperatures start to drop. They offer simple tips to help maintain the temperature within your home, as well as information on using energy more efficiently to maintain the cost of your electric bill through the life of your home. Customers also can email questions to the Energy Doctors at energ
Newest cohort of EV Readiness training communities announced; First of its kind program helps local governments plan to meet growing demand for EVs ComEd and the Metropolitan Mayors Caucus (Caucus) today announced the third cohort of communities participating in the EV Readiness Program, a unique initiative to help local governments prepare to meet the growing demand for electric vehicles (EVs) and EV charging infrastructure. A total of 20 communities will receive technical assistance through the program that will enable them to streamline policies and implement best practices for safe and effective regional transportation electrification. The third cohort includes a diverse mix of comm
Gayle Littleton, Executive Vice President, Chief Legal Officer and Corporate Secretary to Depart Exelon; Executive Vice President Colette D. Honorable to be Named Chief Legal Officer and Corporate Secretary Exelon Corp. (NASDAQ:EXC) announced today that it is consolidating the executive leadership team, with Gayle Littleton stepping down as Executive Vice President, Chief Legal Officer and Corporate Secretary, effective Jan. 1, and assuming the role of Special Advisor to the CEO until March 31. Colette Honorable will assume responsibility for the Legal Department in an expanded role and will be named Chief Legal Officer and Corporate Secretary. Honorable, currently Executive Vice Presiden
On Utility Scam Awareness Day, ComEd, Nicor Gas, Peoples Gas and North Shore Gas provide tips to identify scams used to steal money and personal information from families and businesses As the holiday season approaches, northern Illinois energy companies are joining the Better Business Bureau (BBB) of Chicago and Northern Illinois to warn customers to be on heightened alert for attempted scams, which tend to increase during this time of year. During national Utility Scam Awareness Day, ComEd, Nicor Gas, Peoples Gas and North Shore Gas are reminding families and businesses to stay vigilant to imposters who will show up at homes and businesses, then threaten to turn off utility service if
8-K - EXELON CORP (0001109357) (Filer)
11-K - EXELON CORP (0001109357) (Filer)
8-K - EXELON CORP (0001109357) (Filer)
EFFECT - EXELON CORP (0001109357) (Filer)
POS AM - EXELON CORP (0001109357) (Filer)
ARS - EXELON CORP (0001109357) (Filer)
DEF 14A - EXELON CORP (0001109357) (Filer)
8-K/A - EXELON CORP (0001109357) (Filer)
PRE 14A - EXELON CORP (0001109357) (Filer)
POS AM - EXELON CORP (0001109357) (Filer)
Partnership with EV dealers, manufacturers to accelerate EV fleet adoption, leveraging rebates through ComEd's nearly $90 million in EV funding made available for 2024 During the annual Chicago Drives Electric event, ComEd today announced the Point of Purchase initiative, which leverages ComEd's EV rebate programs and will deliver instant discounts to qualifying business and public sector customers in the market for electric fleet vehicles. The initiative, designed to provide more certainty around the total costs of a conversion to all-electric fleet vehicles, is powered by a growing collaboration of more than 30 auto dealerships, various EV manufacturers and local EV stakeholders. "Makin
ComEd today announced the appointments of Elizabeth "Liz" Buchanan, 39, president of NielsenIQ, North America, and Stephen "Biff" Bowman, 61, retired CFO of The Northern Trust Company, to its Board as independent directors, expanding its board to include five independent directors, for a total of seven directors. They join independent directors Ricardo "Ric" Estrada, president and CEO of Metropolitan Family Services, Zaldwaynaka "Z" Scott, President of Chicago State University, and Smita Shah, CEO of SPANN Tech, Inc. Mr. Estrada was named to ComEd's board in November 2021, and Mses. Scott and Shah were both named to the board in February 2022. "Liz and Biff are distinguished local busin
ComEd's CONSTRUCT Youth Academy expands in second year to prepare more area youth for roles in the growing clean energy field ComEd, the YMCA of Metropolitan Chicago and Goodwill Greater Milwaukee & Chicago today hosted a graduation event for 89 teens who have completed summer job training that prepared them for emerging career opportunities in the clean energy and construction fields. Through the CONSTRUCT Youth Academy program, ComEd and its partner agencies are expanding access to training for local teens interested in careers in the fast-growing energy sector. Expanding training for local youth and job seekers is critical to preparing communities for the expected future job growth,
John W. Rogers Jr., Chairman and co-CEO of Ariel Investments, LLC, to join the EOC Management Committee as Chair, plus Edison International, Exelon Corporation, and Southern Company join Xcel Energy, Micron, and Air Products to help expand U.S. procurement and supply chain opportunities for small and historically underutilized businesses NEW YORK, July 18, 2024 /PRNewswire/ -- The Rockefeller Foundation announced today that John W. Rogers Jr., Chairman and co-CEO of Ariel Investments, LLC, has joined the Economic Opportunity Coalition's (EOC) Management Committee as Chair. In addition, the EOC is an innovative initiative that has received new procurement commitments from Edison International
Eighty-five overhead apprentices take next steps to work on the grid; expansion of training will support future talent needs required to support America's most reliable utility ComEd today unveiled the newly built Libertyville Training Center, celebrating 21 trainees from the site's overhead electrical apprenticeship school. The Libertyville Training Center marks the 7th training center in the northern Illinois service region, highlighting ComEd's commitment to boosting training opportunities across the communities it serves to build a diverse and skilled talent pipeline needed to construct and maintain the nation's most reliable grid in the years ahead. ComEd celebrates the largest ove
PHILADELPHIA, May 21, 2024 /PRNewswire/ -- Hilco Redevelopment Partners (HRP) today announced the appointment of founder and CEO Roberto E. Perez to the board of directors for PECO, Pennsylvania's largest electric and natural gas distribution company. Perez brings significant experience with land development and energy infrastructure through HRP's work transforming obsolete industrial assets into modern economic engines, including the redevelopment of 1300 acres in South Philadelphia into The Bellwether District. "We are pleased to have such an accomplished individual joining
To date, $130 million in rebates have been distributed through ComEd's distributed generation rebate program Illinois Governor JB Pritzker today joined ComEd to present G&W Electric of Bolingbrook, Ill., with a record high Distributed Generation (DG) Rebate of $2.6 million for the construction of a massive solar-plus-storage project at its global headquarters and manufacturing center southwest of Chicago. Created by the Future Energy Jobs Act in 2017 and expanded by the Illinois Climate and Equitable Jobs Act in 2021, ComEd's DG Rebate program has awarded $130 million in rebates since inception. It is available to commercial, industrial, and residential customers that install an eligible
10th annual Switch on Summer celebration marks unofficial start to season with return of retired WGN-TV Chief Meteorologist Tom Skilling ComEd, in collaboration with the Chicago Park District is thrilled to announce the return of the Switch on Summer celebration for its tenth consecutive year. The public is invited to Chicago's Grant Park to witness the switching on of Buckingham Fountain to mark the unofficial start of the summer season, alongside WGN-TV's beloved retired Chief Meteorologist Tom Skilling who returns as master of ceremonies. The free event, which takes place from 11:30 a.m. to 1:00 p.m. on Saturday, May 11, will feature a preview of the 12th anniversary of the Park Dist
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
Jessica Hart, Exelon's VP of Investment Strategy to be promoted to SVP and chief investment officer Exelon (Nasdaq, EXC) announced today the retirement of Doug Brown, senior vice president and chief investment officer. Upon Brown's retirement on July 1, 2024, Jessica Hart, currently Exelon's vice president of Investment Strategy and Public Markets, will be promoted to senior vice president and chief investment officer. Hart will lead the team responsible for managing all of Exelon's investment activities including pension funds, defined contribution plans and other employee benefit trusts. This press release features multimedia. View the full release here: https://www.businesswire.com/ne
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
4 - EXELON CORP (0001109357) (Issuer)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
SC 13G/A - EXELON CORP (0001109357) (Subject)
Storage Capacity Installed of 336 Megawatt hours in Q3, exceeding high-end of guidance range and representing 92% year-over-year growth, as storage attachment rates reach 60% Solar Energy Capacity Installed of 230 Megawatts in Q3, at the high-end of prior guidance range, reaching 7.3 Gigawatts of Networked Solar Energy Capacity Cash Generation of $2.5 million in Q3, second consecutive quarter of positive Cash Generation Reiterating Cash Generation guidance of $350 million to $600 million in 2025 Net Earning Assets increases to $6.2 billion, including over $1 billion of Total Cash Sunrun becomes the first clean energy company to surpass 1 million residential solar customers SAN FRANCISC
Earnings Release Highlights GAAP net income of $0.70 per share and Adjusted (non-GAAP) operating earnings of $0.71 per share for the third quarter of 2024 Reaffirming full year 2024 Adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share Reaffirming adjusted (non-GAAP) operating EPS compounded annual growth target of 5-7% through 2027 Strong utility reliability performance - all utilities achieved top quartile in reliability, with ComEd and Pepco Holdings continuing to achieve top decile in SAIFI and SAIDI performance DPL filed a natural gas distribution rate case with the Delaware Public Service Commission (DEPSC) in September seeking an increase in gas dis
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon's common stock. The dividend is payable on December 13, 2024, to Exelon's shareholders of record as of the close of business on November 11, 2024. About Exelon Exelon (NASDAQ:EXC) is a Fortune 200 company and the nation's largest utility company, serving more than 10.5 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). 20,000 Exelon employees dedicate
Earnings Release Highlights GAAP net income of $0.45 per share and Adjusted (non-GAAP) operating earnings of $0.47 per share for the second quarter of 2024 Reaffirming full year 2024 Adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share Reaffirming fully regulated operating EPS compounded annual growth target of 5-7% through 2027 Strong utility reliability performance – achieved top quartile reliability performance at all utilities, with ComEd and Pepco Holdings achieving top decile in both outage frequency and outage duration for the second straight quarter An order in Pepco's "Climate Ready Pathway MD" multi-year plan was received in June Exelon
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon's common stock. The dividend is payable on September 13, 2024, to Exelon's shareholders of record as of the close of business on August 12, 2024. About Exelon Exelon (NASDAQ:EXC) is a Fortune 200 company and the nation's largest utility company, serving more than 10.5 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). 20,000 Exelon employees dedicat
Earnings Release Highlights GAAP Net Income of $0.66 per share and Adjusted (non-GAAP) Operating Earnings of $0.68 per share for the first quarter of 2024 Affirming full year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share Reaffirming fully regulated operating EPS compounded annual growth target of 5-7% from 2023 to 2027 Achieved top quartile reliability performance at all utilities, with ComEd and PHI achieving top decile in both outage frequency and outage duration ComEd refiled its Multi-Year Grid Plan in March as directed by the Illinois Commerce Commission (ICC), with a final order expected before the end of 2024 PECO filed electric
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon's common stock. The dividend is payable on Friday, June 14, 2024, to Exelon's shareholders of record as of 5 p.m. Eastern time on Monday, May 13, 2024. About Exelon Exelon (NASDAQ:EXC) is a Fortune 250 company and the nation's largest utility company, serving 10.6 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). Nearly 20,000 Exelon employees dedi
Earnings Release Highlights GAAP Net Income of $0.62 per share and Adjusted (non-GAAP) Operating Earnings of $0.60 per share for the fourth quarter of 2023 Introducing 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share Declaring quarterly dividend of $0.38 per share for the first quarter of 2024, representing 5.6% growth over 2023 fourth quarter dividend of $0.36 per share Projecting to invest $35 billion of capital expenditures over the next four years to meet customer needs, resulting in expected rate base growth of 7.5% and operating EPS compounded annual growth of 5-7% from 2023 to 2027 Updating 4-year financing plan to include $1.3 billio
ComEd wins national reliability award at PA Consulting's 23rd annual ReliabilityOne® Awards In recognition of ComEd's successful efforts to provide industry- and nation-leading reliability for the more than 9 million people it serves in northern Illinois, PA Consulting, a consultancy that's bringing ingenuity to life, yesterday awarded the electric company the 2023 ReliabilityOne® Outstanding System Reliability Award, as well as the 2023 ReliabilityOne® Award for Outstanding Reliability Performance in the Midwest Region. "It wasn't that long ago that most ComEd customers expected power outages and considered them commonplace," said ComEd CEO Gil Quiniones. "Over the last decade, however
Earnings Release Highlights GAAP Net Income of $0.70 per share and Adjusted (non-GAAP) Operating Earnings of $0.67 per share for the third quarter of 2023 Narrowing guidance range for full year 2023 Adjusted (non-GAAP) Operating Earnings from $2.30-$2.42 per share to $2.32-$2.40 per share Reaffirming fully regulated operating EPS compounded annual growth target of 6-8% from 2021 and 2022 guidance midpoints through 2025 and 2026, respectively, with expectation to be at midpoint or better of growth range Strong utility reliability performance – every utility achieved top quartile in outage duration and outage frequency, and ComEd and PHI delivered best-on-record performance for th
Jefferies initiated coverage of Exelon with a rating of Buy and set a new price target of $46.00
Mizuho upgraded Exelon from Neutral to Buy and set a new price target of $39.00 from $36.00 previously
Seaport Research Partners downgraded Exelon from Buy to Neutral
UBS downgraded Exelon from Buy to Neutral and set a new price target of $37.00 from $47.00 previously
JP Morgan downgraded Exelon from Overweight to Neutral and set a new price target of $41.00
Morgan Stanley downgraded Exelon from Overweight to Equal-Weight and set a new price target of $38.00 from $45.00 previously
Evercore ISI downgraded Exelon from Outperform to In-line
Guggenheim downgraded Exelon from Buy to Neutral and set a new price target of $40.00 from $44.00 previously
Mizuho downgraded Exelon from Buy to Neutral and set a new price target of $40.00 from $45.00 previously
Barclays initiated coverage of Exelon with a rating of Overweight and set a new price target of $43.00