Nuclear energy stands at the cusp of the global push for a low-carbon, greener, and more resilient energy future.
Constellation Energy has called on the nation's largest grid operator to include in its tariff rules guidance for interconnected electricity suppliers to follow when supplying to data centers located next to power plants.
Constellation Energy Corporation (CEG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Three Mile Island restart could mark a turning point for a nuclear industry that once faced a wave of power plant closures due to poor economics. The fortunes of the industry have shifted dramatically this year as the tech sector turns to nuclear power to meet the electricity demand of artificial intelligence.
Exploring three artificial intelligence (AI) stocks not named Nvidia to buy now on the dip--Taiwan Semiconductor, Constellation Energy, and Micron.
Constellation Energy Corporation stock has been volatile due to regulatory concerns, but power demand is growing. The company is growing capacity through plant restarts and upgrades and projects 13% annual operating earnings growth through 2030. Market fears about policy impacts seem unwarranted, given bipartisan support for nuclear power and growing data center demand.
Constellation Energy continues to benefit from strong demand from data centers, organic growth and stable performance of its nuclear fleet, which is reflected in earnings and price performance.
Recently, Zacks.com users have been paying close attention to Constellation Energy Corporation (CEG). This makes it worthwhile to examine what the stock has in store.
All five stocks have delivered triple-digit returns in 2024.
Constellation Energy Corporation (NASDAQ:CEG ) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Emily Duncan - Senior Vice President of Investor Relations and Strategic Growth Joseph Dominguez - President & Chief Executive Officer Daniel Eggers - Chief Financial Officer Conference Call Participants Jeremy Tonet - JPMorgan Securities Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Research David Arcaro - Morgan Stanley Nick Campanella - Barclays Durgesh Chopra - Evercore ISI Operator Thank you for standing by and welcome to Constellation Energy Corporation's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Monday.
Constellation Energy stock is lower Monday as a regulatory decision offsets the utility company's solid third-quarter earnings results.