Constellation Energy Group Inc.

750 E. Pratt St.

Year founded: 1816

Industry: Energy

Post 200 Category: Top Companies Headquartered in Maryland

Revenue: $12.55 Billion

Net Income/Loss: $539.70 Million

Earnings per share: $3.12

Dividend: $1.14

Stockholder equity: $4.73 Billion

Auditor: PricewaterhouseCoopers LLP

Stock: CEG

Assets: $17.35 Billion

Market capitalization: $9.54 Billion

52-week high: 54.85 4/11/2005

52-week low: 35.89 5/12/2004

Chairman and CEO: Mayo A. Shattuck III

EVP and CFO: E. Follin Smith

Employees: 9591

Local employees: 0

Description: Constellation Energy Group is the parent company of Baltimore Gas and Electric, the largest utility in Maryland. The company also sells electricity to large commercial and industrial clients and is one of the nation's largest wholesale power vendors. The company manages, owns or operates 107 generating units at 35 locations in 11 states.

Developments: The company said its 2004 earnings were the highest in its history. The improved results followed a period of acquisitions and expansions for a company that has positioned itself to benefit from electricity deregulation. Constellation NewEnergy, which provides energy to retail and industrial clients, significantly increased its gas and electric sales. In the past calendar year, the company reported profit of $539.7 million ($3.12 a share), up from $277.3 million ($1.66) for 2003, according to paperwork filed with the SEC. The company cut more than 100 workers at two of its nuclear power plants, including Calvert Cliffs in Southern Maryland.