Exelon
American utility company
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2022 | Exelon continued its political contributions, maintaining its PAC funding pattern, and spent $2,878,000 on lobbying efforts. |
February 2 2022 | Exelon completed the corporate spin-off of Constellation Energy, which became the largest operator of nuclear power plants in the United States and the largest non-governmental nuclear power plant operator globally. |
2021 | Exelon contributed $323,500 to federal candidates through its political action committee (EXELONPAC), with $202,500 going to Democratic candidates and $121,000 to Republican candidates. |
2017 | Exelon experiences a strong financial year with revenue reaching $33,531 million and a substantial net income of $3,770 million. Total assets are $116,700 million. Share price peaks at $35.78. Workforce stabilizes at 34,621 employees. |
2016 | Revenue continues to climb to $31,360 million, but net income drops to $1,134 million. Total assets significantly increase to $114,904 million. Share price rises to $31.09. Employee count jumps to 34,396. |
March 23 2016 | After initial rejection and appeal, the merger with Pepco Holdings was finally approved by the District of Columbia Public Service Commission, making Exelon the largest regulated utility in the United States by customer count and total revenue. |
2015 | Exelon sees continued growth with revenue of $29,447 million and a notable increase in net income to $2,269 million. Total assets reach $95,384 million. Share price slightly declines to $28.41. Workforce grows to 29,762 employees. |
2015 | Earth Quaker Action Team launched a campaign pressuring PECO to expand solar power purchases and prioritize local job creation through solar energy procurement. |
2014 | Revenue increases to $27,429 million with a net income of $1,623 million. Total assets grow to $86,416 million. Share price recovers to $28.73. Employee count rises to 28,993. |
April 30 2014 | Exelon announced the proposed purchase of Pepco Holdings for $6.8 billion in an all-cash transaction, which faced significant opposition from community groups and D.C. Mayor Muriel Bowser. |
2013 | Exelon continues growth with revenue reaching $24,888 million and net income recovering to $1,719 million. Total assets are $79,924 million. Share price further drops to $25.47. Company workforce reaches 25,829 employees. |
2012 | Significant financial changes occur with revenue jumping to $23,489 million, but net income drops to $1,160 million. Total assets increase to $78,561 million, while share price declines to $28.50. |
March 12 2012 | Exelon acquired Constellation Energy, creating a combined company with over 34 gigawatts of power generation capacity, including 55% nuclear power. |
2011 | Exelon's annual revenue increases to $19,063 million, with a net income of $2,495 million and total assets of $54,995 million. Share price rises to $31.27. |
2010 | Exelon reports annual revenue of $18,644 million, with a net income of $2,563 million and total assets of $52,240 million. Share price stands at $29.73. |
This contents of the box above is based on material from the Wikipedia article Exelon, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.