EXC
NASDAQ · Utilities
Exelon Corp
$46.62
+0.68 (+1.48%)
EXC News5 articles
Natural Gas Futures Slide as Cooling Demand Forecasts Diminish
U.S. natural gas futures fell 3.2% Friday as weather models cut cooling demand, erasing a two-day rally. Inventories remain above average but the surplus is narrowing.
Exelon's PECO Faces Union Safety Probe Amid Leadership Shakeup
IBEW Local 614 filed a petition with Pennsylvania regulators seeking an investigation into PECO's maintenance practices, citing damaged poles and equipment, as new interim CEO Mike Innocenzo takes the helm.
PECO Proposes Major Rate Increases for 2027, Seeks $510M for Infrastructure
PECO has requested regulatory approval for significant delivery rate increases that would raise residential electricity bills by 12.5% and suburban gas bills by 11.4% beginning in 2027. The utility seeks $510 million for infrastructure improvements.
NRG Energy Shares Drop on LS Power's $2.35 Billion Secondary Offering
NRG Energy shares declined sharply after LS Power affiliates priced a large secondary stock offering at a discount. The company plans a concurrent $300 million share buyback from the sellers.
Utilities Sector Surges on Falling Bond Yields, Key Fed Data Ahead
The utilities sector outperformed Friday, with the Utilities Select Sector SPDR Fund (XLU) climbing 2.8% to $46.50 as Treasury yields declined following mild inflation figures. Key earnings and regulatory approvals bolstered individual stocks.