News for Exelon
Dec 7 · 2:58:00 PM · Source: Reuters
Exelon's 867-megawatt Unit 2 at the Dresden nuclear power station in Illinois ramped up to 83% of capacity as of early Monday, the U.S. Nuclear Regulatory Commission said in a report.
The unit was operating at 24% power on Friday as it continued to exit a refueling outage begun in early November.
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by Michael Oliveto
Nov 5 · 12:08:00 PM · Source: Reuters
Exelon shut the 867-megawatt Unit 2 at the Dresden nuclear power station in Illinois for planned refueling and maintenance early Monday, the company said in a release.
The company did not say when the unit would return to service in the release. Electricity traders guessed the unit would return in about a month.
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by Michael Oliveto
Nov 5 · 11:55:00 AM · Source: Reuters
Exelon Generation today announced
that the Old Dominion Electric Cooperative awarded it a ten-year
contract commencing on June 1, 2010 to provide 200 MWs of baseload generation
capacity and energy. ODEC awarded Exelon the deal as a result of a
competitive bidding process it initiated in June 2009.
The long-term contract with ODEC fits squarely within Exelon's hedging program
designed to manage market risks to maintain the value of its generation
portfolio. It also shows that there are opportunities for competitively priced
long-term bilateral contracts.
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by Michael Oliveto
Oct 29 · 12:05:00 PM · Source: Reuters
Exelon Corporation declared a regular quarterly dividend of $0.525 per share on Exelon`s common stock.
The dividend is payable on December 10, 2009, to shareholders of record on November 13, 2009.
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by Michael Oliveto
Oct 23 · 3:04:00 PM · Source: Press Release
Excelon reported earnings of $1.14 per share on net income of $757 million versus $1.06 per share on earnings of $700 million in the year ago period.
"We are achieving our financial commitments despite difficult weather, economic and market conditions," said John W. Rowe, Exelon’s chairman and CEO. "We continue to deliver cost savings and solid operations as shown by a 94.7 percent nuclear capacity factor for the third quarter and reliable utility performance through the critical summer months. We remain committed to achieving full year 2009 operating earnings within the guidance range we issued last fall and are narrowing that range to $4.00 to $4.10 per share."
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by Michael Oliveto
Oct 23 · 10:32:00 AM · Source: Company News Release
Exelon Corp reported an 8 percent increase in third-quarter profit, rising to $757 million, or $1.14 per share, from $700 million, or $1.06 per share, in the year-ago quarter. But the power company's revenue on an adjusted basis fell 17 percent to $4.36 billion.
The company's revenues were well below analysts' average forecast of $5.36 billion.
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by Larry Etter
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