Exelon Corporation (EXC), based in Chicago, is one of the largest electric utility companies in the U.S. and Canada. Worth a market cap of $38.2 billion, the company provides energy distribution and transmission services across six regulated utilities: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power & Light, PECO Energy, and Potomac Electric Power Company.
Shares of the utility titan have substantially underperformed the broader market over the past year. Over the past 52 weeks, EXC stock has been down 5.2%, compared to the S&P 500 Index’s ($SPX) 32.7% returns. In 2024, EXC soared 7.2%, lagging behind SPX’s 21.2% gains over the same time frame.
