Exelon's pure transmission and distribution utility model (post-Constellation spin) provides regulated cash flows across mid-Atlantic and Illinois service territories. Datacenter-driven transmission capex creates rate base growth opportunity. PJM capacity prices at record levels signal scarcity benefiting transmission operators. Rate case outcomes have been mixed. Pure-play regulated nature provides defensive characteristics with moderate growth.
Thesis reviewed May 29, 2026
Exelon Corporation is headquartered in United States, which is currently showing moderate signals.
🇺🇸United States59NEUTRALView United States risk detail →🔌Utilities32WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| GEV | GE Vernova Inc. | 36 | +15% | ↓12% | EARLY |
| SO | The Southern Company | 36 | +15% | ↓12% | EARLY |
| CEG | Constellation Energy Corporation | 36 | +24% | ↓12% | EARLY |
| SRE | Sempra | 36 | +13% | ↓12% | EARLY |
| DUK | Duke Energy Corporation | 36 | +14% | ↓12% | EARLY |
| NEE | NextEra Energy Inc. | 36 | +20% | ↓12% | EARLY |
| EXC | Exelon Corporation | 36 | +10% | ↓12% | NEUTRAL |
Investors who hold EXC may also have indirect exposure through these country funds.
PJM capacity auction clears at $269/MW-day, 10x prior year
Exelon files for $35B transmission investment program
Estimates · Yahoo Finance · Not audited figures