UPDATE 2-Exelon to shut N.J. Oyster Creek reactor earlier than planned [Reuters]
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Reuters
UPDATE 2-Exelon to shut N.J. Oyster Creek reactor earlier than planned | Reuters Reuters Staff 2 Min Read (Adds links, background on U.S. nuclear reactors) Feb 2 (Reuters) - Exelon Corp said on Friday it will shut the Oyster Creek nuclear power plant in New Jersey in October 2018, about a year earlier than planned. In an agreement with New Jersey in 2010, Exelon said it would shut the plant by December 2019 rather than install costly cooling towers to reduce the amount of water it removes from the Barnegat Bay for cooling purposes. Exelon said the earlier closure will allow it to meet that commitment while helping about 500 employees at the plant to find jobs elsewhere in the company as well as manage costs. The company also said the decision will help it better manage resources as fuel and maintenance costs continue to rise amid historically low power prices. The U.S. nuclear industry has been suffering for several years as cheap and abundant natural gas from shale formations has dep
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News
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- ComEd Joins Bronzeville Community to Unveil New Public EV ChargersBusiness Wire
- Exelon Co. (NASDAQ: EXC) had its price target lowered by analysts at Scotiabank from $39.00 to $37.00. They now have a "sector perform" rating on the stock.MarketBeat
- Institutional owners may consider drastic measures as Exelon Corporation's (NASDAQ:EXC) recent US$1.5b drop adds to long-term losses [Yahoo! Finance]Yahoo! Finance
- Gov. Pritzker Joins ComEd to Present G&W Electric with Record High $2.6 Million Rebate for Largest Commercial Solar/Storage Installation in IllinoisBusiness Wire
EXC
Earnings
- 2/21/24 - Beat
EXC
Sec Filings
- 4/19/24 - Form POS
- 4/10/24 - Form SC
- 4/9/24 - Form DEFA14A
- EXC's page on the SEC website