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Exelon Corp. Earnings Report

Exelon Corp., a nuclear power plant operator and utility services holding company, reported first quarter 2011 earnings on Wednesday.  Exelon reported net income of $668 million ($1.01/share) during Q1 of 2011.  This compares with net income of  $749 million ($1.13/share) in the first quarter of 2010.  Exelon Corp. reports that revenue was up 13% to $5.05 billion.  In the year ago period revenue stood at $4.46 billion.

Through Exelon Nuclear the company produces approximately 20% of the U.S. nuclear industry’s power capacity.  Exelon operates 10 nuclear power plants and 17 nuclear reactors.

EXC stock price closed the day with a quote of $41.49 a share.

      

Exelon Nuclear

PowerShares Global Nuclear Energy Portfolio

The PowerShares Global Nuclear Energy Portfolio tracks the underlying index WNA Nuclear Energy Index.

The nuclear energy exchange traded fund trades under the symbol PKN.  This nuclear power focused ETF has rebounded from lows established after the panic selling induced by the March 2011 events in Japan.

PowerShares Global Nuclear Energy Portfolio holdings include Areva, Uranium One, and Exelon Corporation.

 

PowerShares Global Nuclear Energy

Uranium Resources, Inc.

Shares of Uranium Resources, Inc. dropped 5.07% to close at $2.06 per share.  URRE stock price has traded in a 52 week range from 38 cents to $3.98 a share.

Uranium Resources, Inc. is engaged in acquiring and developing uranium mines in South Texas.  URRE has in-situ recovery mining process (ISR) facilities in Kingsville Dome and Rosita, Texas.

Uranium Resources, Inc.