Which Major Utility Is Seeing Merger Synergies?
In this video, Motley Fool energy analyst Taylor Muckerman takes a look at the recent merger between Exelon (NYS: EXC) and Constellation Energy. In particular, he talks about the synergies that Exelon is on track to achieve as a result of the merger, synergies that translate directly into huge operation and maintenance savings for the company -- to the tune of $170 million this year, $305 million next year, and $550 million the year after that. Taylor takes us through what the major benefits of the merger were that gave the company these huge savings, and what other positive figures we can expect to see from Exelon in the future as a result.
As the nation moves increasingly toward clean energy, Exelon is perfectly positioned to capitalize on having the largest nuclear fleet in North America. Combine this strength with an increased focus on renewable energy, and Exelon's recent merger with Constellation places Exelon and its best-in-class dividend on a short list of top utilities. To determine if Exelon is a good long-term fit for your portfolio, you're invited to check out The Motley Fool's premium research report on the company. Simply click here now for instant access.
The article Which Major Utility Is Seeing Merger Synergies? originally appeared on Fool.com.
Taylor Muckerman and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Exelon and Southern. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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