Centrus Energy Corp. (4CU)
XMUN 
Summary
Centrus Energy Soars 297.1% YTD: Is There More Upside Ahead?
LEU surges as Q3 revenues jump, backlog swells to $3.9B and major enrichment expansion plans take shape.
Centrus Energy's Q3 Revenues Up on Uranium Sales: More Upside Ahead?
LEU's Q3 revenues jump 30% on renewed uranium sales, while Technical Solutions posted strong growth from its HALEU contract.
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Centrus Energy Corp. Profile
| Energy Equipment & Services Industry | Energy Sector | Amir V. Vexler CEO | XMUN Exchange | US15643U1043 ISIN |
| US Country | 322 Employees | - Last Dividend | 30 Sep 2014 Last Split | - IPO Date |
Overview
Centrus Energy Corp. is a key player in the nuclear power industry, offering a wide range of nuclear fuel components and services across the globe, including in the United States, Belgium, Japan, and other international markets. Originally established as USEC Inc. in 1998, the company underwent a rebranding to Centrus Energy Corp. in September 2014, signaling a new era in its operational strategy and market focus. The company's headquarters are located in Bethesda, Maryland. It operates through two primary segments, namely Low-Enriched Uranium (LEU) and Technical Solutions, providing critical materials and expertise to the nuclear energy sector.
Products and Services
- Low-Enriched Uranium (LEU) Segment
This segment is integral to Centrus Energy's operations, focusing on the sale of separative work units (SWU) and components essential for producing LEU. It also deals in natural uranium hexafluoride, uranium concentrates, and uranium conversion services, offering enriched uranium products that are vital for utilities operating nuclear power plants.
- Technical Solutions Segment
Centrus Energy’s Technical Solutions segment caters to both public and private sector clients by providing a broad spectrum of technical, manufacturing, engineering, and operational services. This segment leverages the company’s deep knowledge and experience in the nuclear industry to offer tailored solutions that meet the specific needs of its customers, ensuring reliable and effective support for nuclear operations.
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