Valued at a market cap of $37 billion, Exelon Corporation (EXC) is a utility services holding company that engages in energy distribution and transmission businesses in the United States and Canada. The Chicago, Illinois-based company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.
Companies valued at over $10 billion are typically classified as “large-cap stocks,” and EXC fits the label perfectly. The public utility giant serves distribution utilities, municipalities, and financial institutions, as well as commercial, industrial, governmental, and residential customers.
