Summary
This 8-K filing from Exelon Corporation, filed on April 29, 2004, serves as an amendment (8-K/A) to a previous filing from April 26, 2004. The primary purpose of this amendment is to correct previously disclosed projected around-the-clock market prices for the period of April through December 2004, specifically impacting the "2004 Earnings Guidance" table. These corrections are limited to the market price data and do not alter other aspects of the original earnings release or its attachments. Investors should note that this filing provides updated market price projections, which are crucial for understanding the company's forward-looking earnings expectations.
Key Highlights
- 1Correction of projected around-the-clock market prices for April-December 2004.
- 2Updated PJM market price projection: $42.00/MWh.
- 3Updated MAIN market price projection: $31.00/MWh.
- 4Updated NEPOOL market price projection: $53.50/MWh.
- 5Updated Henry Hub gas price projection: $6.00/MMBtu.
- 6This amendment specifically corrects only the market price table within the earnings release attachments.
- 7The filing involves Exelon Corporation and its subsidiaries: Commonwealth Edison Company, PECO Energy Company, and Exelon Generation Company, LLC.
Frequently Asked Questions
This amended 8-K filing (8-K/A) is primarily to correct and update the projected around-the-clock market prices and gas prices for the period of April through December 2004, which were initially disclosed in a previous 8-K filing on April 26, 2004.
According to the filing, these corrections are specific to the market price data within the '2004 Earnings Guidance' table and do not affect any other part of the earnings release or its attachments. Therefore, the fundamental financial results or overall earnings guidance are not directly impacted by this correction.
The updated projections are: PJM market prices at $42.00/MWh, MAIN market prices at $31.00/MWh, NEPOOL market prices at $53.50/MWh, and Henry Hub gas prices at $6.00/MMBtu.
No, this specific filing is a technical amendment to correct price data. The filing references previous reports (2003 Form 10-K) for discussions on risks, uncertainties, and business outlook, indicating that no new material risk factors are introduced in this amendment.