Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Exelon Corporation    EXC

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Exelon Corporation : BGE HOME Acquires Van Sant, Inc. and VSI Commercial, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2012 | 09:20pm CEST

Addition of Mt. Airy-based plumbing and HVAC companies will grow BGE HOME's customer base and expand sales opportunities

BGE HOME, one of the premier home services companies in Maryland, today announced that it has acquired the residential and commercial plumbing and HVAC business assets of Van Sant, Inc. and VSI Commercial, Inc., both based in Mt. Airy, Maryland.

The purchase will allow BGE HOME to continue the extension of its residential service territory into Frederick, Howard and Montgomery counties. In addition, Van Sant's commercial operations will enhance BGE HOME's commercial team (Constellation Building Systems). BGE HOME's recently opened Burtonsville office currently serves residential customers in Montgomery and Prince George's counties.

"Van Sant's services complement ours and provide an opportunity to better serve customers in western and central Maryland, as well as differentiate our electricity and natural gas offerings," said Kevin Klages, president and CEO of BGE HOME. "We are looking forward to integrating the businesses into BGE HOME and working to expand our geographic footprint, while continuing our focus on delivery of the ultimate customer experience."

Known in the region for its strong foundation in customer service, Van Sant brings nearly seven decades of plumbing and HVAC experience to BGE HOME's portfolio of services.

"We are proud of the reputation we've built over the years," said Larry Van Sant, president, Van Sant, Inc. "This agreement is a testament to the hard work of our employees as well as our commitment to customer satisfaction. We are looking forward to being a part of BGE HOME."

BGE HOME, a subsidiary of Constellation Energy which is a business unit Exelon, is based in White Marsh, Maryland. The company provides heating, air conditioning, plumbing, and electrical sales and service. Product and service offerings also include appliance repairs, window and door replacements, and electricity and natural gas sales. BGE HOME serves residential and business customers throughout Maryland. BGE HOME is not the same company as BGE, a regulated utility.

About Exelon

Exelon Corporation (NYSE:EXC) is the nation's leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to approximately 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Learn more at: www.exeloncorp.com.

BGE HOME
Media Contact:
Christina Pratt, 410-470-9700


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EXELON CORPORATION
04:32p EXELON : Nuclear subsidies put pressure on Illinois coal plants
02:34p EXELON : Announces Outcome of 2020-2021 PJM Capacity Auction
02:33p EXELON CORP : Other Events, Financial Statements and Exhibits (form 8-K)
05/23 EXELON : N.Y. nuclear subsidies face scrutiny, lawsuits
05/23 EXELON : Braidwood Generating Station Returns to Full Power
05/19 EXELON : Statewide Emergency Exercise Preps Agencies for Severe Weather Event
05/19 EXELON : NRC to Hold Public Meeting on May 25 in Stafford Township, N.J., to Dis..
05/18 EXELON : Generation Teams Up with Local Anglers to Reel in Drug Abuse
05/17 EXELON : Forbes Names PECO Best Philadelphia Midsize Employer
05/16 EXELON : Foundation Supports Important Work of We Are Family
More news
Sector news : Electric Utilities - NEC
05/23 Westinghouse reaches deal for $800 million U.S. bankruptcy loan
05/19 European shares claw back gains after worst week in six months
05/19DJCLP : Australian State Fund Manager Seeks Damages From CLP Holdings Units
05/18DJOrigin Energy Caps Disposal Plans with Pipeline Sale
05/18DJNEXTERA ENERGY : Texas Regulators Not Likely to Revive Oncor Deal
More sector news : Electric Utilities - NEC
News from SeekingAlpha
10:24a Three Mile Island's future in doubt after PJM auction, Exelon says
06:00a Buy eBay - Cramer's Lightning Round (5/23/17)
05/22 Exelon Corporation (EXC) Presents At Deutsche 2017 Clean Tech, Utilities & Po..
05/17 Utilities provide sanctuary in stock market selloff
05/15 Exelon upgraded to Buy at UBS, which says PJM concerns already priced in
Advertisement
Financials ($)
Sales 2017 32 443 M
EBIT 2017 5 200 M
Net income 2017 2 575 M
Debt 2017 31 505 M
Yield 2017 3,70%
P/E ratio 2017 12,95
P/E ratio 2018 12,21
EV / Sales 2017 1,98x
EV / Sales 2018 1,98x
Capitalization 32 756 M
More Financials
Chart EXELON CORPORATION
Duration : Period :
Exelon Corporation Technical Analysis Chart | EXC | US30161N1019 | 4-Traders
Full-screen chart
Technical analysis trends EXELON CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 39,2 $
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Christopher M. Crane President, Chief Executive Officer & Director
Mayo A. Shattuck Independent Chairman
Jonathan W. Thayer Chief Financial Officer & Senior Executive VP
Michael R. Koehler Chief Information & Digital Officer
John Washington Rogers Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
EXELON CORPORATION0.11%32 904
DUKE ENERGY CORP8.61%58 860
IBERDROLA SA11.24%50 548
DOMINION ENERGY INC4.06%50 130
SOUTHERN CO1.67%49 771
AMERICAN ELECTRIC POWE..10.26%34 135
More Results