Trending Utility Stocks: Exelon Corporation (EXC), Clean Energy Fuels Corp (CLNE)

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Exelon Corporation (NYSE:EXC)

Stock’s Trading Stats:

Exelon Corporation (NYSE:EXC) declined -1.63% yesterday and closed at $34.37. The company’s market capitalization is at $31.32 Billion with an average trading volume of 6.27 Million. The total number of Outstanding Shares Held by the company are 921.69 Million.

Recent Press Release:

Exelon Corporation (EXC) on April 15, 2016 declared that its Clinton nuclear plant cleared in the 2016-2017 MISO capacity auction and is committed to operate through May 31, 2017, comprising with its decision last fall to operate the plant for one additional year. However, the plant continues to lose money and will have to be shut down unless a combination of market and energy policy reforms are implemented to level the playing field for all zero carbon resources and recognize nuclear energy for its environmental, economic, rate stability and reliability benefits. A decision on the future operations of the plant will be declared this year.

An analysis conducted by the state of Illinois found that closing Clinton would cause wholesale energy prices to rise by $236 million to $341 million annually for families and businesses in the region. These cost enhances do not comprise hundreds of millions of dollars that would need to be spent on new transmission lines. The report also found that allowing Clinton to shut down would result in the loss of almost 1,900 direct and indirect jobs and raise carbon emissions in Illinois by almost 8 million metric tons per year, the equivalent of putting more than 1.7 million cars on the road. The analysis concludes that the societal cost of the raised emissions would be almost $4 billion between 2020 and 2029.

MISO holds a capacity auction annually to ensure enough power generation resources are accessible to meet demand in its region covering southern Illinois and much of the Midwest. The next auction for planning year 2017-2018 will be held in late March 2017.

Clean Energy Fuels Corp (NASDAQ:CLNE)

Stock’s Trading Stats:

Clean Energy Fuels Corp (NASDAQ:CLNE) closed at $3.01 yesterday by showing a decrease of -2.27%. The total number of outstanding shares held by the company are 100.43 Million with the total market capitalization of $291.64 Million. The number of shares traded on the last trading session are 1.06 Million.

Recent Press Release:

Clean Energy Fuels Corp. (CLNE) on April 15, 2016 declared it will release financial results for the first quarter of 2016 on Thursday, May 5, 2016 after market close, followed by an investor conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific). President and Chief Executive Officer of Clean Energy Andrew J. Littlefair and Chief Financial Officer Bob Vreeland will host the call.

Investors interested in participating in the live call can dial 1.877.407.4018 from the U.S. and international callers can dial 1.201.689.8471. A telephone replay will be accessible about two hours after the call concludes through Sunday, June 5 by dialing 1.877.870.5176 from the U.S., or 1.858.384.5517 from international locations, and entering Replay Pin Number 13635572

There also will be a simultaneous, live webcast accessible on the Investor Relations section of the Company’s web site at www.cleanenergyfuels.com, which will be accessible for replay for 30 days.