Industry: Electric Utilities
Fortune Rank: 134
Exelon Corporation is an electric utility holding company for ComEd, PECO Energy Company, Genco, and other subsidiaries. For the 6 months ended 6/30/05, revenues decreased less than 1% to $7.05B. Net income from continuing operations before accounting change increased 14% to $1.02B. Revenues reflect decreases at the Company's Generation and Energy Delivery segments. Earnings benefited from decreased fuel costs.
Exelon Corporation is a utility services holding company engaged in three business areas through its subsidiaries. Exelon's Energy Delivery business consists of the purchase and regulated sale of electricity and distribution and transmission services by Commonwealth Edison Company in northern Illinois (including Chicago), and by PECO Energy Company (PECO) in southeastern Pennsylvania (including Philadelphia), and the purchase and regulated sale of natural gas and distribution services by PECO in the Pennsylvania counties surrounding Philadelphia. The Generation business consists principally of the electric generating facilities and wholesale energy marketing operations of Exelon Generation Company, LLC, the retail sales business of Exelon Energy Company and Generation's investment in Sithe Energies, Inc. Exelon's other businesses consist of the infrastructure and electrical contracting services of Exelon Enterprises Company, LLC.
Exelon Corporation is a Fortune 500 company. In 2010 Exelon Corporation was ranked number 134 on the Fortune 500 list, making it the 134th largest company in the United States when judged by revenue.
Exelon Corporation achieved revenue of $17,318.00 million in 2010 and earned a profit of $2,707.00 million.
Exelon Corporation remains solid in 134
Exelon Corporation is one of the minority of companies, who ranking on the Fortune 500 list remained stable in 2010, retaining 134th position that is achieved in 2009. This identical ranking was based on its 2009 revenue of $18,859 million (a change of -1 million compared to 2010) and profits of $2,737 million (a change of 0 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Exelon Corporation would be ranked 51st rather than 134th due to its profits of $2,707 in 2010.
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