Constellation Energy (CEG 23.65%) stock dominated headlines in 2024 with its announcement of a plan to reopen Three Mile Island and supply nuclear power to Microsoft server farms. Constellation is starting off 2025 with even more news -- and even more share price strength. This morning, the electric utility announced plans to acquire natural gas and geothermal electric utility Calpine Corporation.Investors applauded the move. As of 12:15 p.m. ET, Constellation stock is up 22.5%.The Constellation-Calpine mer ...

Key TakeawaysConstellation Energy shares surged Friday after the company agreed to buy private energy company Calpine in a deal valued at $26.6 billion. The move expands Constellation's presence in California and Texas, creating the largest clean energy provider in the U.S.The acquisition comes as energy stocks have surged over the past year, due in part to power demands from data centers to support artificial intelligence. Constellation Energy (CEG) shares surged Friday after the company agreed to buy priv ...

Core Viewpoint - Constellation Energy is acquiring Calpine Corporation for $16.4 billion, creating the largest independent power provider in the US with approximately 2.5 million customers [1][5]. Group 1: Acquisition Details - The acquisition combines two major electricity generators in the US, with the total transaction value, including debt, reaching $26.6 billion [2]. - The deal is expected to close in the second half of the year, increasing Constellation's workforce by about 20% to 16,500 [5]. - The merger will significantly enhance Constellation's market share in Texas and California, the two most populous and energy-consuming states in the US [5]. Group 2: Market Context - The acquisition comes amid rising electricity demand driven by AI data centers and electric transportation [2]. - Constellation's CEO, Joe Dominguez, indicated that demand for their products is expected to grow significantly, reaching levels not seen in a lifetime [2]. Group 3: Strategic Implications - Andrew Novotny, CEO of Calpine, stated that the deal is beneficial for American families and businesses, positioning the combined company to invest in zero-emission nuclear and battery storage [3]. - The transaction is expected to create the largest coast-to-coast power generator in the US, according to S&P's Aneesh Prabhu [5]. Group 4: Stock Performance - Following the announcement, shares of Constellation Energy rose by 23% in New York [4]. - Over the past year, Constellation's shares have more than doubled, driven by increased demand for nuclear power from big tech companies with climate-related commitments [6].

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Constellation Energy Corporation (CEG) .Constellation Energy Corporation c ...

Company Overview - Proactive is a financial news and online broadcast provider delivering fast, accessible, and actionable business and finance news to a global investment audience [1] - The company operates in key finance and investment hubs worldwide, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Industry Coverage - The company provides news and unique insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive has reported on energy companies during global crises, aviation and airlines during pandemic recovery, and economic, social, and governance issues [1] Technology and Content Production - Proactive is a forward-looking technology adopter, equipping its human content creators with decades of expertise and experience [4] - The company occasionally uses automation and software tools, including generative AI, but all content is edited and authored by humans in line with best practices for content production and SEO [5]

Core Viewpoint - Constellation Energy Corporation (CEG) is experiencing a bullish trend, supported by its efficient nuclear operations and rising demand for clean energy, particularly from AI-driven data centers [1][4][19]. Group 1: Stock Performance - CEG's stock is trading above its 50-day and 200-day simple moving averages, indicating a positive trend [1]. - The stock closed at $255.63 on January 7, with a 121% increase over the past year, outperforming the industry average of 76%, the S&P 500's growth of 28.6%, and the Zacks Oil-Energy sector's return of 10.8% [4]. - CEG is currently trading at a forward 12-month P/E of 27.84X, which is higher than the industry average of 24.93X [17]. Group 2: Clean Energy Demand - The demand for clean electricity is increasing, and CEG's ability to produce emission-free electricity from its nuclear plants positions the company favorably [1][8]. - CEG is set to benefit from a projected $1 trillion investment in data centers by major tech companies over the next five years, as AI-driven data centers require more electricity [9]. Group 3: Nuclear Fleet and Capacity - CEG's primary power production comes from its nuclear fleet, which has maintained a fleetwide capacity factor of over 94% for the past decade, exceeding the industry average by about 4% [7][8]. - The company has engaged in long-term uranium supply contracts to ensure a stable nuclear fuel supply, supporting continued production [7]. Group 4: Financial Performance and Shareholder Value - The Zacks Consensus Estimate for CEG's 2025 earnings per share has increased to $9.16, reflecting a 2.1% rise over the last 60 days, indicating growing analyst confidence [12]. - CEG has repurchased shares worth $1 billion year-to-date and has an additional $1 billion remaining under its share repurchase program [14]. - The company aims to increase its dividend by 10% annually, subject to board approval [14]. Group 5: Return on Equity - CEG's trailing 12-month return on equity stands at 16.26%, outperforming the industry average of 10.53%, showcasing effective utilization of shareholders' funds [15].

Nuclear energy stocks are climbing in 2025, fueled by regulatory changes and rising demand from emerging industries. Shares of nuclear energy companies have recently surged following the Biden administration’s decision to ease tax-credit rules for hydrogen production.On January 3, the U.S. Treasury Department and the Internal Revenue Service finalized regulations tied to the Inflation Reduction Act (IRA), broadening the eligibility for tax credits to accelerate renewable energy adoption. A regulatory lifeli ...

Constellation Energy Corporation’s (CEG) long-term investments and focus on renewable energy help boost its performance. The company’s position as an industry leader in the safe operation of nuclear plants helps it increase its nuclear output.However, this Zacks Rank #3 (Hold) company faces risks related to non-performance of its suppliers and variation in weather conditions.Tailwinds for Constellation EnergyCEG’s strategic investment plans and focus on continuing to expand its renewable portfolio drive its ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .On December 22, I wrote an article titled "Power Play: Why Vistra Is My Favorite Utility Star." This article, which was about the Vistra Corporation ( VST ) , included my view on nuclear energy, which is very bullish.Analyst’s Disclosure: I/we have no stock, option or similar de ...

Constellation Energy TodayCEGConstellation Energy$242.60 +18.89 (+8.44%) 52-Week Range$109.44▼$288.75Dividend Yield0.58%P/E Ratio26.75Price Target$281.43Add to WatchlistConstellation Energy NASDAQ: CEG stock is up over 8% on January 2, 2025, following news of landmark contracts with the U.S. government. This price increase underscores the company's growing prominence in the clean energy sector and signals a potential turning point for nuclear energy's role in a sustainable future. The contracts validate Co ...