Exelon Corporation (NYSE: EXC) shares took a dip recently when it announced that, on its current path, it would either have to lower its dividend or damage its credit rating. The company has recently said that both its industry-leading dividend and its credit rating are top priorities, and it has identified some major savings that can help the company preserve both. That news, combined with the conclusion of the company's recent merger with Constellation Energy, puts them on track for hundreds of millions of dollars of operation and maintenance savings annually, which has Motley Fool energy analyst Taylor Muckerman excited about Exelon. In this video, he outlines the details of the company's dividend preservation plan and synergies from the merger, and talks about how the company manages its portfolio in a way to mitigate risk, and keep it on track for future earnings.

Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Exelon and Southern Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.