EXC

Exelon Corporation

Energy


Presented:05/16/2014
Price:$34.37
Cap:$29.50B
Current Price:$40.56
Cap:$40.58B

Presented

Date05/16/2014
Price$34.37
Market Cap$29.50B
Ent Value$49.36B
P/E Ratio17.54x
Book Value$26.29
Div Yield3.8%
Shares O/S858.72M
Ave Daily Vol7,090,000
Short Int3.65%

Current

Price$40.56
Market Cap$40.58B
Exelon Corporation, a utility services holding company, is engaged in the energy generation business in the United States. It operates through nine segments: Mid-Atlantic, Midwest, New England, New York, ERCOT, Other Regions, ComEd, PECO, and BGE. The company owns, contracts, and invests in electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. It is also involved in the wholesale and retail customer supply of electric and natural gas products and services, including renewable energy products, risk management services, and natural gas exploration and production activities. In addition, the company is engaged in the purchase and regulated retail sale of electricity, and the provision of distribution and transmission services in northern Illinois, southeastern Pennsylvania, and central Maryland. Additionally, it is involved in the purchase and regulated retail sale of natural gas; and the provision of distribution services in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland, including the City of Baltimore. It sells electricity, natural gas, and related products and solutions to various customers, including distribution utilities, municipalities, and cooperatives, as well as to commercial, industrial, governmental, and residential customers. The company was founded in 1887 and is headquartered in Chicago, Illinois.

Publicly traded companies mentioned herein: Exelon Corporation (EXC)

Highlights

Shares of Exelon (EXC) have performed very well in 2014 (up 25% ytd), and have run up hard over the past few weeks from the $20s to the mid-$30s. The presenter likes the setup and risk/reward on the short side. He admitted placing the bet a little early, but the recent decline (over the past week) makes him think the timing will end up being OK.

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Idea Discussion

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