On Friday, Shares of Exelon Corporation (NYSE:EXC), lost -1.61% to $30.46. The stock attained the volume of 9.46 million shares.
The fall season has arrived and soon the cooler weather will have customers in Illinois increasing the temperatures on their thermostats to maintain the comfort level in their homes. October is National Energy Efficiency Month and serves as a good reminder to encourage customers to take actions that can assist them cut energy usage, costs and assist the environment. ComEd customers are eligible to take part in one of the largest energy efficiency programs in the nation — the ComEd Smart Ideas Energy Efficiency Program — offering customers an array of options that can even assist convert the biggest energy hogs into super energy savers.
Since the launch of Smart Ideas in 2008 the program has assisted ComEd customers save more than $1.5 billion on their electric bills and eliminate 21.6 billion pounds of CO2 emissions from the atmosphere. This is the equivalent to removing two million cars from the road.
According to Energy Star, a typical single-family home spends nearly $2,200 a year on their energy bills. Heating accounts for 29 percent of these costs, appliances 13 percent and lighting 12 percent. ComEd’s program can assist customers reduce the amount of energy they use and keep more money in their pocketbooks.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (EXC).
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
Shares of Carrizo Oil & Gas Inc (NASDAQ:CRZO), dropped -1.49% to $40.35, during its last trading session.
Carrizo Oil & Gas, Inc. (CRZO) declared that it has priced an underwritten public offering of 5,500,000 shares of its common stock, which was upsized from the formerly declared offering of 5,300,000 shares. Carrizo has granted the underwriters an option to purchase up to 825,000 additional shares. The total gross proceeds of the offering (before underwriters’ discounts and commissions and estimated offering expenses) will be about $211.8 million. Carrizo intends to use the net proceeds from this offering, and any proceeds from the exercise of the underwriters’ option to purchase additional shares, to repay borrowings under its revolving credit facility, with the remainder for general corporate purposes, counting future potential acquisitions with a primary focus in the Permian Basin.
In connection with the offering, Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are serving as joint book runners. The offering is being made following an effective shelf registration statement filed with the Securities and Exchange Commission on August 28, 2014.
Carrizo Oil & Gas, Inc., together with its auxiliaries, engages in the exploration, development, and production of oil and gas primarily in the United States. The company holds interests in crude oil plays and projects, counting Eagle Ford Shale in Texas; the Niobrara Formation located in Colorado; the Utica Shale in Ohio; and the Marcellus Shale located in Pennsylvania.
Finally, Altria Group Inc (NYSE:MO), ended its last trade with 1.45% gain, and closed at $58.71.
Altria Group, Inc. (Altria) (MO) will host a live audio webcast on Thursday, October 29, 2015, at 9:00 a.m. Eastern Time to talk about its 2015 third-quarter business results. Altria will issue a press release containing its business results at about 7:00 a.m. Eastern Time the same day. The webcast can be accessed at altria.com or through the Altria Investor App.
During the webcast, Marty Barrington, Altria’s Chairman, CEO and President, and Billy Gifford, Chief Financial Officer, will talk about the Company’s 2015 third-quarter business results and answer questions from the investment community and news media.
Altria Group, Inc., through its auxiliaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky, and Marlboro Snus brand names.
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