Constellation Energy Group

Industry: Electric Utilities

Fortune Rank: 149

CEG is a holding company for a group of energy businesses focused on wholesale power marketing, merchant generation and portfolio management, and the Baltimore Gas and Electric Company, a regulated gas and electric delivery company. For the 6 months ended 6/30/05, revenues rose 23% to $7.18B. Net income from cont. ops. rose less than 1% to $239.3M. Results reflect growth in Merchant Energy segment, partially offset by higher purchased fuel and energy costs.

Constellation Energy Group Inc. is a North American energy company, which includes a merchant energy business and the Baltimore Gas and Electric Company (BGE), a regulated electric and gas public utility in central Maryland. It has four operating segments: merchant energy, regulated electric, regulated gas and other non-regulated. Its merchant energy business is a provider of energy solutions. It also has other non-regulated businesses, which design, construct and operate heating, cooling and cogeneration facilities for commercial, industrial and governmental customers throughout North America, provide home improvements, service heating, air conditioning, plumbing, electrical and indoor air-quality systems, and provide natural gas to residential customers in central Maryland. It also has several investments, including financial investments, real estate projects, and interests in a Panamanian distribution facility and in a fund that holds interests in two South American energy projects.

Constellation Energy Group

Constellation Energy Group is a Fortune 500 company. In 2010 Constellation Energy Group was ranked number 149 on the Fortune 500 list, making it the 149th largest company in the United States when judged by revenue.

Constellation Energy Group achieved revenue of $15,598.80 million in 2010 and earned a profit of $4,443.40 million.

Constellation Energy Group's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 125th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $19,818 million (a change of -4 million compared to 2010) and profits of $-1,314 million (a change of 5 million compared to 2010).

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 Constellation Energy Group would be ranked 32nd rather than 149th due to its profits of $4,443 in 2010.

Constellation Energy Group Revenue* Profit* Fortune Ranking

* US$ Million

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