EXC · 10-Q · 2026Q3

EXELON CORP

Filed 2026-10-30 · Utilities

Everything EXC's SEC filings said, ranked

Ranked Events

• Capital Expenditure OutlookImportance 58 · Surprise 24
  As of September 30, 2026, Exelon estimated 2026 capital expenditures for plant additions and improvements of $9.9 billion. The estimates included $3.5 billion for ComEd, $3.5 billion for PECO, $3.25 billion for BGE,…
• Rate Case OutcomesImportance 53 · Surprise 24
  ComEd’s Illinois electric distribution rate case resulted in an approved revenue-requirement increase of $1,045 million, compared with $1,487 million requested, at an approved ROE of 8.905%. The increase took effect…
• Credit Rating DowngradesImportance 50 · Surprise 60
  On April 30, 2026, S&P lowered BGE's long-term issuer and senior unsecured debt ratings from A to A-, and its short-term commercial-paper rating from A-1 to A-2. On July 15, 2026, Moody's lowered PECO's long-term…
• PJM Cost Allocation MethodologyImportance 50 · Surprise 60
  On October 7, 2026, FERC issued further direction on its March 6, 2026 order requiring PJM to eliminate the de minimis exemption for allocating certain transmission reliability upgrade costs to the Utility Registrants’…
• Equity Distribution AgreementImportance 48 · Surprise 42
  Exelon's ATM program permits gross common-stock sales of up to $2.5 billion through May 2, 2028. Exelon issued 8.7 million shares in the second quarter of 2026 at a weighted-average net price of $44.03 and 2.3 million…
• Dividend IncreaseImportance 43 · Surprise 42
  Exelon's board approved an updated dividend policy for 2026 setting the quarterly dividend at $0.42 per share. The company declared dividends of $0.42 per share for each of the first three quarters of 2026 and the…
• Income Tax Rate ChangesImportance 41 · Surprise 56
  ComEd’s effective income tax rate rose to 25.6% in the third quarter of 2026 from 18.2% in the third quarter of 2025, a 7.4 percentage-point increase. For the first nine months, ComEd’s rate increased to 25.1% from…
• Regulatory Tax NormalizationImportance 36 · Surprise 42
  IRS private letter rulings issued in Q2 2024 to another taxpayer address tax normalization rules for allocating consolidated net operating loss carryforwards (NOLC) in ratemaking. For the Utility Registrants other than…
• Net Income PerformanceImportance 29 · Surprise 40
  Exelon’s third-quarter 2026 net income attributable to common shareholders decreased $146 million year over year, and diluted EPS fell 18.6%, from $0.86 to $0.70. For the first nine months of 2026, net income declined…
• BGE Revenue PerformanceImportance 28 · Surprise 22
  BGE operating revenue increased $618 million, or approximately 16.3%, to $4,409 million in the nine months ended September 30, 2026, from $3,791 million in the prior-year period. The company said distribution revenue…
• Financing ActivitiesImportance 27 · Surprise 6
  Exelon and ComEd’s shelf registration, effective April 8, 2025, permits issuance of up to $12.6 billion of debt and equity securities through April 8, 2028. PECO and BGE have an automatically effective,…
• Operating Cash Flow TrendsImportance 26 · Surprise 24
  For the nine months ended September 30, 2026, ComEd recorded a $670 million reduction in regulatory liabilities and a $9 million increase in regulatory assets related to carbon mitigation credits (CMCs), compared with…
• Electric Demand TrendsImportance 25 · Surprise 32
  In PECO’s service territory, electric volume excluding weather effects declined in the three and nine months ended September 30, 2026, which the filing attributes to customer load. Total electric retail deliveries rose…
• Liquidity and Cash PositionImportance 21 · Surprise 6
  The Registrants had $4.0 billion of aggregate credit-facility commitments, of which $3.5 billion was available to support additional commercial paper as of September 30, 2026. No financial institution represented more…

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