Constellation Energy Corp

Constellation Energy Corp. engages in the generation, supply, and marketing of clean energy electricity, and renewable energy products and solutions. It operates under the following geographical segments: Mid-Atlantic, Midwest, New York, Texas, and Other Power Regions Segment. The company is headquartered in Baltimore, MD.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Constellation Energy Corp excels in clean energy production and financial performance, poised for strategic growth

Constellation Energy Corp showcased strong performance in clean energy production and financial metrics, driven by operational excellence and sustainability commitments.
While facing challenges such as higher fuel prices and market uncertainties, the company is strategically positioned to capitalize on growth opportunities in nuclear upgrades and hydrogen production.
With a focus on disciplined capital allocation and strategic decision-making, Constellation is poised for continued success in advancing environmentally beneficial projects and maximizing shareholder value.

Constellation Energy Corp surpasses Q1 expectations, eyes clean energy growth

Constellation Energy Corp excelled in Q1 2023 with strong financial performance and operational achievements. The company's focus on clean energy, strategic financial decisions, and readiness for growth position it well for the future. Challenges include managing inflationary pressures and optimizing capital allocation.

Constellation Energy Corp excels in Q2, eyes growth opportunities

Constellation Energy Corp's strong performance, strategic strengths, and growth opportunities position the company well for future success.
While facing challenges such as regulatory uncertainties and financial complexities, Constellation's focus on sustainability and nuclear energy remains a key differentiator.
The company's commitment to shareholder returns, operational stability, and innovation underscores its resilience and long-term vision.

Constellation Energy Corp reports strong Q3 earnings and strategic growth

Constellation Energy Corp's Q3 performance reflects strong financial results and strategic growth initiatives.
While facing challenges in a competitive market, the company's focus on sustainability and shareholder value creation remains a strength.
Excitement about current opportunities and plans for strategic exploration position Constellation Energy for future growth and adaptability.

Constellation Energy Corp (CEG) exceeds 2023 guidance, eyes growth opportunities

Constellation Energy Corp (CEG) delivered strong financial performance, highlighted by exceeding guidance and a positive outlook for 2024. The company's focus on nuclear energy and disciplined capital deployment positions them well for growth opportunities. Challenges include managing increased expenses and optimizing retail power margins, but opportunities lie in capital return, investments, and portfolio growth.

Constellation Energy Corp excels in Q1, eyes clean energy growth

Constellation Energy Corp's Q1 2024 call emphasized strong financials, clean energy focus, and strategic growth plans. Challenges include regulatory hurdles and lengthy timelines for data center projects. Opportunities lie in nuclear innovation, technology partnerships, and sustainable growth strategies.

Constellation Energy Corp reports strong Q2 earnings and pursues data center growth opportunities

Constellation Energy Corp (CEG) delivered strong financial results, raised earnings guidance, and emphasized its commitment to sustainable energy solutions. The company's focus on data center opportunities and colocation strategies reflects its proactive approach to evolving market dynamics.

Constellation Energy Corp reports strong Q3 earnings and growth outlook

Constellation Energy Corp's Q3 performance reflects strong earnings and a positive outlook for future growth.
The company's strategic focus on clean energy, colocation, and AI development aligns with market trends and opportunities.
While facing challenges in regulatory compliance and market dynamics, Constellation is well-positioned to leverage its strengths for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Constellation Energy Corp. engages in the generation, supply, and marketing of clean electricity, and renewable energy products and solutions. The firm also offers wholesale energy, retail products and services. It operates under the following geographical segments: Mid-Atlantic, Midwest, New York, Electric Reliability Council of Texas (ERCOT), and Other Power Regions Segment. The company was founded in 1960 and is headquartered in Baltimore, MD.

BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the first quarter of 2023. “We had a strong start to 2023, putting us in position to end the year comfortably in the top half of our guidance range and giving us confidence to raise our gross margin outlook for 2024,” said Joe Dominguez, president and CEO of Constellation. “Our performance was led by the Commercial team as customers came to us for help managing their energy needs.

Constellation Expects to End Year Comfortably in the Upper End of Guidance and Sees Material Improvements In 2024

ConocoPhillips

Paramount Global

In mid-morning trading on Tuesday, the Dow Jones industrials were down 1.34%, the S&P 500 down 1.37% and the Nasdaq 1.16% lower.

Earnings Previews: ConocoPhillips, Constellation Energy, Paramount Global

Not only is Constellation Energy Corp. ( CEG , Financial) a leader in the energy industry, but a committed advocate of clean and reliable nuclear power. With its impressive generating capacity, substantial market share and diverse range of sustainable products and services, the company is well-positioned to meet the ever-growing energy demands while reducing carbon emissions.

Constellation Energy: Leading the Charge for Nuclear Power

Constellation Energy, a $25.7 billion market cap company paying a 1.4% dividend, is the generation company spun off from utility company Exelon in January 2022. The company's nuclear fleet outperformed other generators during Winter Storm Elliott.

Constellation Energy Stock Has More Room To Run

Cameco

NRG Energy

Southern Company

Vistra Energy

Global economies are beginning to transition away from carbon-based energy sources. But it's increasingly obvious that renewable sources such as wind and solar are simply not enough to satisfy America's need for energy.

Nuclear power is hardly the preferred alternative to oil, coal and other fossil fuels, which only makes these U.S. energy stocks more attractive

WASHINGTON--(BUSINESS WIRE)--Testimony to highlight environmental, national security & energy reliability risks if action isn't taken to ensure US fuel sources for nuclear plants.

Constellation CEO to Call on Congress to Support Reliable, Zero-Carbon Nuclear Energy by Investing in Domestic Fuel Sources

Recently spun off from Exelon Corp, Constellation Energy has gone unnoticed and is underfollowed. The Inflation Reduction Act has allocated $391 billion to energy and climate change and with the largest fleet of non-carbon nuclear plants in the USA, Constellation Energy is well positioned to benefit.

Constellation Energy Is Cheap With An Inflation Reduction Act Underpin!

American Water Works

Exelon

WEC Energy Group

Essential Utilities

Xcel Energy

With monetary policy possibly about to take a turn for the worst for risk-on assets, investors should consider the best utility stocks to buy. Unfortunately for Wall Street, the Personal Consumption Expenditures (PCE) index came in hotter than economists anticipated.

The 7 Best Utility Stocks to Buy as Yields Rise

BALTIMORE--(BUSINESS WIRE)--Constellation (Nasdaq: CEG), the largest producer of carbon-free energy in the U.S., said today it will invest $800 million in new equipment to increase the output of its Braidwood and Byron Generating Stations in Illinois by approximately 135 megawatts, enough to power the equivalent of 100,000 average homes around the clock every year. The additional always-on, carbon-free power generated will result in the equivalent of removing 171,000 gas-powered vehicles from the road per year, or the equivalent of adding 216 intermittent wind turbines to the grid, using Environmental Protection Agency data.

Constellation Making Major Investment in Two Illinois Nuclear Plants to Increase Clean Energy Output

Constellation Energy Corp (NASDAQ:CEG ) Q4 2022 Earnings Conference Call February 16, 2023 10:00 AM ET Company Participants Emily Duncan - VP, IR Joseph Dominguez - President, CEO & Director Daniel Eggers - EVP & CFO Kathleen Barron - EVP & Chief Strategy Officer Conference Call Participants James Thalacker - BMO Capital Markets Steven Fleishman - Wolfe Research David Arcaro - Morgan Stanley Paul Zimbardo - Bank of America Merrill Lynch Operator Good day, ladies and gentlemen, and welcome to the Constellation Energy Corporation Fourth Quarter 2022 Earnings Call. [Operator Instructions].

Constellation Energy Corp (CEG) Q4 2022 Earnings Call Transcript

BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the fourth quarter and full year 2022. “We had an incredible first year that exceeded expectations as we adapted to rapidly evolving market conditions, successfully advocated for clean energy policies and positioned the company for sustainable, long-term growth,” said Joe Dominguez, president and CEO of Constellation.

Constellation Reports Fourth Quarter and Full Year 2022 Results and Initiates 2023 Financial Outlook

Constellation's (CEG) fourth-quarter results are likely to benefit from the commercial business' solid performance and nuclear fleet impacts.

Constellation (CEG) to Report Q4 Earnings: What's in Store?

EPAM Systems

First Solar

Netflix

Royal Caribbean Cruises

Wynn Resorts

S&P 500 investors are boldly piling into select stocks this year — prompting several to double from their lows. But analysts still see upside despite their huge runs.

6 Stocks Up 100% From Lows Can Go Even Higher, Analysts

Constellation Energy: A Free Cash Flow Stalwart Weathering The Storm Well

Abbott Labs

Accenture Plc

Adobe

Autodesk

Aflac

Applied Materials

Advanced Micro Devices

Amazon

Activision Blizzard

AutoZone

Broadridge Financial

Carrier Global

Caterpillar

Cigna

CME Group

Copart

Cintas Corp

Deere & Company

Dollar General

Domino's Pizza

Elevance Health Inc

FactSet Research Systems

Fair Isaac

Three companies have been removed from my watchlist and added to the active portfolio. I added four new companies to my watchlist.

Compounders And Dividends: February 2023 Watch List Update

Brookfield Renewable Partners

Clearway Energy

Fusion Fuel Green

NextEra Energy

TransAlta

Although the issue remains a point of contention, increasingly, government agencies and a consensus of scientists have urged society to adopt a cleaner approach to infrastructure, thus boding well for green-focused energy stocks to buy. Most importantly, investors should consider this subsegment due to its lucrative profile.

7 Energy Stocks to Invest in for a Greener Portfolio

BALTIMORE--( BUSINESS WIRE )--Constellation and its union partners have signed a historic pledge to increase diversity in the building trades among populations that have not historically worked in the energy industry.

Constellation, Union Partners Sign Pledge to Increase Diversity Among Historically Underrepresented Groups

Dominion Energy

Con Ed

Fluence Energy

New Fortress Energy

ONE Gas

Otter Tail

Income investors like utility stocks for their stability and generous dividends. Here are nine to watch in an uncertain market.

The 9 Best Utility Stocks to Buy Now

BALTIMORE--( BUSINESS WIRE )--In celebration of its first anniversary as a stand-alone company on Feb. 2, Constellation (NASDAQ: CEG), the nation's largest producer of carbon-free energy, announced today it is launching a $1 million workforce development program as part of its commitment to foster equitable change in underserved communities. The new program, called Powering Change, will provide grants to five nonprofit organizations focused on improving job awareness and training, providing advancement and upskilling opportunities and breaking down employment barriers for individuals from underrepresented communities.

Constellation Marks First Anniversary with $1 Million “Powering Change” Workforce Development Initiative

Quaker Chemical

CONSHOHOCKEN, Pa. , Jan. 30, 2023 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) announced today that it has entered into a contract with Constellation to purchase Renewable Energy Certificates ("RECs") to match approximately half of its total U.S. based electricity needs.

Quaker Houghton supports clean energy with Constellation advancing its goal of achieving carbon neutrality

Enphase Energy

Halliburton

McKesson

Northrop Grumman

Stanley Black & Decker

V.F.

Cramer named 10 stocks listed in the S&P 500 that he believes could perform well this year.

Jim Cramer predicts these ten S&P 500 stocks will perform well in 2023

American Electric Power Company

Atmos Energy

CenterPoint Energy

PG&E

Sempra Energy

Utility stocks are known to be stable investments for plenty of reasons. The demand for utility services remains more or less the same even during a recession.

These Are The 10 Best Performing Utilities Stocks In 2022

APA Corporation

Hess

Marathon Petroleum

Occidental Petroleum

Schlumberger

Valero Energy

Exxon Mobil

About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive for energy stocks to print such massive gains.

The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.

Antero Resources

Energy Transfer LP Unit

Alphabet

Macy's

Microsoft

UnitedHealth Group

David Tepper is a prominent investor and hedge fund manager, who co-founded Appaloosa Management in 1993.

These Are the Top 10 Holdings of David Tepper

With less than a week left to go, it looks as though these two stocks will be the year's big winners.

These 2 S&P 500 Stocks Have Doubled in 2022

News for Constellation Energy Corp Stock (CEG)