Message Font: Serif | Sans-Serif
No. of Recommendations: 1
EXC lowered FY12 operating earnings to $2.55 - $2.85. At a p/e of 15 the stock price would calculate $38.25 - $42.75.

Interest rates on the long end of the treasury curve are biased down - for now. I think the 15 multiple has upside for this reason as well as a few others.

EXC now generates 55% of its power from nuclear, 24% from natural gas, and 8% from renewable/hydro (from the website). It's going to sell 3 Maryland coal plants - cheap - as coal is becoming onerous due to EPA rule making. Utilities may retire 33,000 MW of coal-fired generation.

Natural gas prices are beginning to recover.

PECO and BGE regulated customers are in close proximity to Marcellus gas.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.