Welcome to our dedicated page for Exelon Corporation news (Ticker: $EXC), a resource for investors and traders seeking the latest updates and insights on Exelon Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Exelon Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Exelon Corporation's position in the market.
Julia Reilly, a senior legal analyst, is honored for her volunteer work with the Fair Hill Emergency Response Team (FHERT) in Northern Maryland. She received Exelon's Powering Communities Employee Volunteer award and a $5,000 grant for her dedication to large animal rescue. Julia's passion for horses and community involvement has had a significant impact on the organization and the local horse community.
Exelon (Nasdaq: EXC) reported a GAAP Net Income of $0.66 per share and Adjusted Operating Earnings of $0.68 per share for the first quarter of 2024. The company affirmed its full-year 2024 Adjusted Operating Earnings guidance range of $2.40-$2.50 per share and reaffirmed its fully regulated operating EPS growth target of 5-7% from 2023 to 2027. Exelon achieved top reliability performance at all utilities and made progress on regulatory fronts. Despite challenges like mild weather and storms, Exelon maintains strong operational performance and projects annualized EPS growth of 5-7% through 2027.
ComEd, in partnership with YMCA of Metro Chicago and Goodwill, brings back the CONSTRUCT Infrastructure Youth Academy for high school students interested in construction and energy careers. The program offers paid summer exposure, community service projects, drone-flying demos, and more, aiming to prepare youth for the clean energy sector. ComEd's commitment to creating career pathways aligns with the expected 150,000 clean energy jobs in Illinois by 2050. Interested students can apply until May 31, with classes starting in June and July at various locations across Chicagoland.
Exelon declared a regular quarterly dividend of $0.38 per share on Exelon’s common stock, payable on June 14, 2024, to shareholders of record as of May 13, 2024. Exelon is a Fortune 250 company, the nation’s largest utility company serving 10.6 million customers through six fully regulated utilities.
Resideo Technologies (NYSE: REZI) and Baltimore Gas and Electric (BGE) have announced a partnership to expand BGE's Connected Rewards program in Maryland, aiming to balance the grid during peak demand periods and provide energy savings to customers. The program allows customers to reduce overall electricity demand during peak times, receiving financial incentives for enrolling their smart thermostats. Resideo's expertise in energy management and grid reliability will help BGE in maintaining grid stability and achieving cost savings for customers.
Exelon's teams have been awarded the EPRI Technology Transfer Awards for innovative energy solutions, showcasing the company's commitment to sustainable energy. The awards recognize projects incorporating cutting-edge research to enhance the delivery of safe, reliable, and affordable power. Teams focused on DER network gateways, fleet electrification planning, and RF monitoring for wind mitigation. Exelon's dedication to advancing the energy sector is highlighted through these achievements.
