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The Public Service Enterprise Group, Inc. (PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey, US, established in 1985 with a legacy dating back to 1903. The company's largest subsidiary is Public Service Electric and Gas Company ( PSE&G ).
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The Dow Jones Utility Average (DJUA, also known as the "Dow Jones Utilities") is a stock index from S&P Dow Jones Indices that tracks the performance of 15 prominent utility companies traded in the United States. [1]
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On July 31, 2005, the Federal Energy Regulatory Commission approved the merger of Exelon and Public Service Enterprise Group, a New Jersey utility; [6] however, after 18 months, the two companies terminated the agreement due to pressure put on the New Jersey Board of Public Utilities by public interest groups, including New Jersey Citizen ...
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The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.