Despite a drop in revenue and a pullback in usage in the residential sector, Southern Co was able to drive 6.8% growth in its bottom line. Assisted a bit by the industrial sector and lower maintenance expenses, Southern Co. avoided a disappointing showing in the face of more moderate temperatures compared to a feverish 2011. The company's CEO believes 2013 should be strong -- the back-half specifically -- for operations and shareholders, as the company continues to focus on its revitalization of nuclear power. What does this mean for peers who are still in the reporting on-deck circle? Motley Fool analyst explains.
Utilities have been downtrodden compared to the market lately. Is now a great entry point into a dividend heavyweight?
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 EXC'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 How Did This Major Utility Fare in 2012? originally appeared on Fool.com.
Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Exelon and Southern Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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