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Barchart
Barchart
Aanchal Sugandh

Is Consolidated Edison Stock Underperforming the S&P 500?

The New York-based Consolidated Edison, Inc. (ED) is a regulated utility company that delivers electricity, natural gas, and steam. The company also invests in electric and gas transmission projects to support energy reliability and grid modernization.

With a market cap of approximately $38.4 billion, Consolidated Edison belongs in the “large cap” category, a group reserved for companies valued at more than $10 billion. The scale enables the company to serve millions of residential, commercial, and industrial customers while operating extensive power transmission, distribution, and natural gas infrastructure.

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