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Power company: Potomac Pepco Holdings (POM) (1928)

Potomac Pepco Holdings, Inc. (abbreviation: PHI, stock code NYSE: POM) was founded in 1896 and is headquartered in Washington, DC. It has 5,125 full-time employees. It is an electric power holding company mainly engaged in the production and transmission of electricity and natural gas. Electricity services are provided in Washington City and suburban Maryland.

Pepco Holdings POM Logo

Potomac Pepco Holdings (POM):

Potomac (Pepco Holdings, Inc.), through its affiliated companies, is engaged in power transmission, distribution and power supply business. In addition, the company also distributes and supplies natural gas. Potomac also designs, constructs, and operates energy projects and distributed power generation equipment for local, state, and federal governments. In addition, Pepco also provides underground pipeline network construction (for power transmission) and the construction and maintenance of power generation equipment. Pepco also provides distilled and chilled water for hotels and gaming companies in Atlanta, New Jersey.

History of Potomac Pepco Holdings (POM):

  • Pepco Holdings, Inc. (PHI) is a holding company reorganized and established in February 2001 for the purpose of Potomac Electric Power Company (PEPCO) acquiring Conectiv Power Delivery (by Delmarva Power & Light Company (DPL) and Atlantic City Electric Company ( ACE) a holding company jointly held). The acquisition was completed on August 1, 2002. Both PEPCO and Conectiv became wholly-owned subsidiaries of PHI.
  • In 2005, PHI continued to use the Delmarva Power and ACE brands to establish Conectiv Energy.
  • In 2008, Delmarva Power sold its Virginia business to A&N Electric Cooperative and Old Dominion Electric Cooperative for $44 million.
  • April 2010, Pepco Holdings, Inc. will sell Conectiv Energy to Carl sent electrical (Calpine Corporation).

Potomac Pepco Holdings (POM) investment:

Company’s official website | Market trend

Rating record:

2013/8/14

Williams Capital Group

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From: Buy

To: hold

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