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

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Earnings data Q1 2023

Earnings data Q2 2023

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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.

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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.

NRG Energy

BALTIMORE--(BUSINESS WIRE)--Constellation, operator of the nation's largest fleet of reliable, carbon-free nuclear plants, announced today it is acquiring NRG Energy Inc.'s 44 percent ownership stake in the South Texas Project Electric Generating Station, a 2,645-megawatt, dual-unit nuclear plant located about 90 miles southwest of Houston. The transaction is valued at $1.75 billion, with an effective purchase price of $1.4 billion after taking into consideration the present value of tax benefi.

Constellation to Acquire Ownership Stake in Texas Nuclear Plant From NRG Energy

Brookfield Renewable Partners

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nCino, Inc.

Keep an eye on companies that have witnessed solid earnings acceleration as of now, such as nCino (NCNO), Constellation Energy (CEG), Brookfield Renewable Partners (BEP) and Marathon Digital (MARA).

4 Stocks to Watch Now for Superb Earnings Acceleration

Constellation Energy's (CEG) first-quarter revenues increase year over year. The company commences $1 billion share repurchase program.

Constellation Energy (CEG) Up 1.03% Since Q1 Earnings Release

Constellation Energy Corporation (NASDAQ:CEG ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Emily Duncan - Vice President, Investor Relations Joe Dominguez - President & Chief Executive Officer Dan Eggers - Chief Financial Officer Conference Call Participants David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Shar Pourreza - Guggenheim Partners Paul Zimbardo - Bank of America Durgesh Chopra - Evercore ISI Ross Fowler - UBS. Operator Good day, ladies and gentlemen, and welcome to the Constellation Energy Corporation First Quarter 2023 Earnings Call.

Constellation Energy Corporation (CEG) Q1 2023 Earnings Call Transcript

Wholesale electric power prices have fallen considerably in the last quarter, but Constellation's Gross Margin and EBITDA forecasts have improved. Constellation's hedging program has protected them in 2023. Nuclear production tax credits add another layer of protection starting in 2024.

Constellation Energy: Don't Fear Falling Power Prices

Constellation Energy Corporation (CEG) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.32 per share a year ago.

Constellation Energy Corporation (CEG) Misses Q1 Earnings Estimates

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

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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

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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!

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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?

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

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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

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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

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