$50.01
0.05 (+0.10%)
Exelon Corp (EXC)
CAPS Rating:
The Company is a utility services holding company. It operates through subsidiaries in the following operating segments- Generation, ComEd and PECO.
The Company is a utility services holding company. It operates through subsidiaries in the following operating segments- Generation, ComEd and PECO.
Recs
The percentage of MWh generated through nuclear is impressive. Less impressive is the fact that their owned Northern Illinois distributor, Commonwealth Edison, has become a major political football with more rate freezes pending.
A P/E of nearly 28 is outrageous no matter how diversified a modern utility is. I live in Chicago and just don't see much upside to EXC stock, especially when well-run orgs. like Southern and Dominion chug along fairly reliably with half to two-thirds the P/E.
"Northern Illinois distributor, Commonwealth Edison,
has become a major political football with more rate freezes pending."
and politicians still haven't learned that price controls only cause shortages,
hurting the very people they claim to help. lower prices come from increased production, not increased regulation.