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Consolidated Edison (ED) Company Profile

Updated Sep 15, 2020
Consolidated Edison has the following business profile:
Company's Full Name:Consolidated Edison Inc
Short Name:Consolidated Edison
Trading Ticker Symbol:ED
Primary Exchange:NYSE
Headquarter City/Country:New York, NY
Primary Industry Sector:Public Utilities
Seconday Sub-sector:Power Generation
Main Business Areas/Categories: Low Volatility, Public Utilities, Power Generation, Utilities, Electric Utilities, Low Beta, Dividend Aristocrats, S&P 500, , Wilshire 5000
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Consolidated Edison stock

Market and Trading Information for Consolidated Edison

The following details were available for trading and market data about the stock of Consolidated Edison as of writing:
Current Share Price:$74.47
Previous Year's Closing Price:$90.47
Percentage Price Change (YTD):-17.69%
Market Cap:$24.91 billion
52-week Price Range:$62.03 - $95.1
Dividend Per Share:$3.01
EPS (TTM):3.99
Price-Earnings (Trailing):18.65
Price-Earnings (Forward):16.51

Company Profile and Business Description for Consolidated Edison

Consolidated Edison, Inc. (Con Edison), incorporated on September 3, 1997, is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and Con Edison Transmission, Inc. (Con Edison Transmission). CECONY's principal business operations are its regulated electric, gas and steam delivery businesses. O&R's principal business operations are its regulated electric and gas delivery businesses. The Clean Energy Businesses develop, own and operate renewable and energy infrastructure projects and provide energy-related products and services to wholesale and retail customers. Con Edison Transmission, through its subsidiaries, invests in electric and gas transmission projects.

CECONY provides electricity, natural gas and steam to customers in New York City and Westchester County. As of December 31, 2016, CECONY provided electric service to approximately 3.4 million customers in all of New York City (except part of Queens) and Westchester County an approximately 660 square mile service area. As of December 31, 2016, CECONY delivered gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens and Westchester County. As of December 31, 2016, CECONY operated the steam distribution system in the United States by producing and delivering approximately 19,979 million pounds (MMlb) of steam annually to approximately 1,649 customers in parts of Manhattan. As of December 31, 2016, CECONY owned 62 area distribution substations and various distribution facilities located throughout New York City and Westchester County. As of December 31, 2016, the company's distribution system had a transformer capacity of 30,122 megavolt ampere (MVA), with 36,900 miles of overhead distribution lines and 97,288 miles of underground distribution lines.

The Company's transmission facilities are located in New York City and Westchester, Orange, Rockland, Putnam and Dutchess counties in New York State. CECONY's electric generating facilities consist of plants located in Manhattan. As of December 31, 2016, the facilities had an aggregate capacity of 726 megawatt (MW). As of December 31, 2016, CECONY generated steam at one steam-electric generating station and five steam-only generating stations and distributed steam to its customers through approximately 104 miles of transmission, distribution and service piping. O&R together with its subsidiary, Rockland Electric Company (RECO), delivers electricity and natural gas to customers primarily located in southeastern New York State and northern New Jersey. As of December 31, 2016, O&R provided electric service to approximately 0.3 million customers in southeastern New York and northern New Jersey, an approximately 1,300 square mile service area. As of December 31, 2016, O&R delivered gas to over 0.1 million customers in southeastern New York. As of December 31, 2016, O&R and RECO owned, in whole or in part, transmission and distribution facilities, including 532 circuit miles of transmission lines, 15 transmission substations, 62 distribution substations, 85,514 in-service line transformers, 3,913 pole miles of overhead distribution lines and 1,764 miles of underground distribution lines.

As of December 31, 2016, natural gas is delivered by pipeline to O&R at various points in or near its service territory and is distributed to customers by the Company through an estimated 1,865 miles of mains and 104,748 service lines. Clean Energy Businesses operate through three subsidiaries: Consolidated Edison Development, Inc. (Con Edison Development), which develops, owns and operates renewable and energy infrastructure projects; Consolidated Edison Energy, Inc. (Con Edison Energy), a company which provides energy-related products and services to wholesale customers, and Consolidated Edison Solutions, Inc. (Con Edison Solutions), which provides energy-related products and services to retail customers. As of December 31, 2016, Con Edison Energy provided services to manage the dispatch, fuel requirements and risk management activities for 4,014 MW of generating plants and merchant transmission in the northeastern United States.

The Company also provides wholesale hedging and risk management services to renewable electric production projects owned by Con Edison Development and Con Edison Solutions. Con Edison Development develops, owns and operates renewable and energy infrastructure projects. Con Edison Solutions provides energy-efficiency services to government and commercial customers. The services include the design and installation of lighting retrofits, heating, ventilating and air conditioning equipment and other energy saving technologies. Con Edison Transmission invests in electric transmission facilities through its subsidiary, Consolidated Edison Transmission, LLC (CET Electric), and invests in gas pipeline and storage facilities through its subsidiary, Con Edison Gas Pipeline and Storage, LLC (CET Gas). CET Electric invests in a company that owns electric transmission assets in New York. CET Gas owns, operates and develops an existing gas pipeline and storage business located in northern Pennsylvania and southern New York.

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ETFs Holding Consolidated Edison Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Consolidated Edison stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Consolidated Edison stock holding. There are a total of 174 ETFs in Fknol.com records which are holding Consolidated Edison stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
ACWViShares Edge MSCI Min Vol Global ETFThe iShares Edge MSCI Min Vol Global ETF tracks an index of large- and midcap global stocks selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. ...Full Details0.2%426
Full List
Semi-Annually
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
BIBLInspire 100 ETFThe Inspire 100 ETF tracks a market-cap-weighted index of large-cap US stocks, selected based on the firm’s proprietary definition of biblical values. ...Full Details0.35%101
Full List
Quarterly
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
Annually
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
Semi-Annually
DEWWisdomTree Global Equity Income FundThe WisdomTree Global High Dividend ETF tracks an index of the top 30% of global dividend-paying stocks ranked by dividend yield and weighted by dividends. ...Full Details0.58%660
Full List
Quarterly
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
Quarterly
DHSWisdomTree US High Dividend FundThe WisdomTree U.S. High Dividend Fund tracks a dividend-weighted index of high-dividend-paying US companies. The index excludes companies with a market cap of less than $200 million. ...Full Details0.38%438
Full List
Monthly
DLNWisdomTree US LargeCap Dividend ETFThe WisdomTree U.S. LargeCap Dividend Fund tracks a dividend-weighted index of the 300 largest US companies that pay regularly pay cash dividends. ...Full Details0.28%294
Full List
Monthly

See Full List of ETFs holding Consolidated Edison stock in their respective portfolios.

Peer / Competitor Companies of Power Generation Sector

Along with Consolidated Edison Inc, the following other peer (competitor) companies also exist within the same Power Generation - Public Utilities sector whose company profile and dividend history is as follows:

▶ Allete (ALE): ALLETE, Inc., incorporated on January 25, 1906, is an energy company. The Companys segments include Regulated Operations, ALLETE Clean Energy, Inc. (ALLETE Clean Energy), U.S. Water Services Holding Company (U.S. ....See Detailed Company Profile,  Dividend History

▶ Alliant Energy (LNT): Alliant Energy Corporation (Alliant Energy), incorporated on April 22, 1981, operates as a utility holding company. The Companys segments include Utility and Non-regulated, Parent and Other. The Utility segment includes ....See Detailed Company Profile,  Dividend History

▶ Ameren (AEE): Ameren Corporation (Ameren), incorporated on August 7, 1995, is a utility holding company. The Companys primary assets are its equity interests in its subsidiaries, including Ameren Missouri, Ameren Illinois and ....See Detailed Company Profile,  Dividend History

▶ Avista (AVA): Avista Corporation, incorporated on March 15, 1889, is an electric and natural gas utility company. The Company operates through two segments: Avista Utilities, and Alaska Electric Light and Power Company ....See Detailed Company Profile,  Dividend History

▶ CMS Energy (CMS): CMS Energy Corporation (CMS Energy), incorporated on February 26, 1987, is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated ....See Detailed Company Profile,  Dividend History

▶ Duke Energy (DUK): Duke Energy Corporation (Duke Energy), incorporated on May 3, 2005, is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial ....See Detailed Company Profile,  Dividend History

▶ Duke Energy (DUKH): Duke Energy Corporation (Duke Energy), incorporated on May 3, 2005, is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial ....See Detailed Company Profile,  Dividend History

▶ Entergy New Orleans (ENJ): Entergy New Orleans, Inc., incorporated on January 11, 1926, is an electric and gas utility company. The Company provides electric and gas service in the City of New Orleans. The ....See Detailed Company Profile,  Dividend History

▶ Entergy New Orleans (ENO): Entergy New Orleans, Inc., incorporated on January 11, 1926, is an electric and gas utility company. The Company provides electric and gas service in the City of New Orleans. The ....See Detailed Company Profile,  Dividend History

▶ Exelon (EXC): Exelon Corporation, incorporated on February 4, 1999, is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. ....See Detailed Company Profile,  Dividend History

▶ Genie Energy (GNE): Genie Energy Ltd. (Genie), incorporated on January 10, 2011, owns interest in its subsidiary, Genie Energy International Corporation (GEIC), which owns Genie Retail Energy (GRE) and Genie Oil and Gas, ....See Detailed Company Profile,  Dividend History

▶ NiSource (NI): NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. The company operates in two segments, Gas Distribution Operations and E....See Detailed Company Profile,  Dividend History

▶ NorthWestern (NWE): NorthWestern Corporation, doing business as North-Western Energy, incorporated on November 27, 1923, provides electricity and natural gas. The Companys segments are Electric operations, Natural gas operations and All other. As ....See Detailed Company Profile,  Dividend History

▶ PG&E (PCG): PG&E Corporation, incorporated on November 17, 1995, is a holding company. The Companys primary operating subsidiary is Pacific Gas and Electric Company (the Utility), which operates in northern and central ....See Detailed Company Profile,  Dividend History

▶ Public Serv. (PEG): Public Service Enterprise Group Incorporated (PSEG), incorporated on July 25, 1985, is a holding company. The Company is an energy company with operations located primarily in the Northeastern and Mid- ....See Detailed Company Profile,  Dividend History

▶ Spark Energy (SPKE): Spark Energy, Inc., incorporated on April 22, 2014, is an independent retail energy services company. The Company provides residential and commercial customers in the United States with an alternative choice ....See Detailed Company Profile,  Dividend History

▶ UNITIL (UTL): Unitil Corporation (Unitil), incorporated on September 7, 1984, is a public utility holding company. The Companys principal business is the local distribution of electricity in the southeastern seacoast and state ....See Detailed Company Profile,  Dividend History

▶ VivoPower International (VVPR): VivoPower International PLC, together with its subsidiaries, operates as a solar power producer and storage company in the United States, Australia, and the United Kingdom. It operates through Solar Development and Power Services segments. The Solar Development segment engages in the development, construction, financing, and operation of solar power generating ....See Detailed Company Profile,  Dividend History

▶ Wec Energy (WEC): WEC Energy Group, Inc., incorporated on June 26, 1981, was a diversified holding company with natural gas and electric utility operations (serving customers in Wisconsin, Illinois, Michigan, and Minnesota), an ....See Detailed Company Profile,  Dividend History

▶ Xcel Energy (XEL): Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Elect....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Power Generation Sector.

Stock List of Other Public Utilities Sub-sectors

▶ Stocks of Electric Utilities Sector

▶ Stocks of Electrical Equipment & Parts Sector

▶ Stocks of Environmental Services Sector

▶ Stocks of Industrial Machinery and Components Sector

▶ Stocks of Natural Gas Distribution Sector

▶ Stocks of Oil and Gas Production Sector

▶ Stocks of Oil and Gas Transmission Sector

▶ Stocks of Power Generation Sector

▶ Stocks of Telecommunications Equipment Sector

▶ Stocks of Utilities—Independent Power Producers Sector

▶ Stocks of Utilities—Regulated Electric Sector

▶ Stocks of Utilities—Renewable Sector

▶ Stocks of Water Supply Sector


Stock List of Other Top-level Sectors

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Discretionary Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Healthcare Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

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▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector