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EXC May Need to Watch Obama Administration

Exelon is the largest U.S. competitive power generator with roughly 35 gigawatts of power generation, including the nation’s largest nuclear fleet with 19 GW of capacity, as a result of its all-stock merger with Constellation Energy, which closed in 2012. Exelon is also the nation’s secondlargest regulated distributor of electricity and gas (6.6 million customers) and one of the largest retail energy suppliers in the … Continue reading EXC May Need to Watch Obama Administration

Vallourec Feels No Slowdown in Oil & Gas, Maintains Guidance After Strong Start to 2013

Vallourec maintained its guidance for 2013, even after a meaningful margin increase in the first quarter. The company generally reports lower profitability in the first quarter, with meaningful improvement in the second and third quarters. But with a 15.7% EBITDA margin to start the year, the company could be tracking well ahead of our fullyear forecast of 16.5%. Management was mum on whether the typical … Continue reading Vallourec Feels No Slowdown in Oil & Gas, Maintains Guidance After Strong Start to 2013