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Centrus Energy (LEU) Soared to a 10-Year High This Week. Here is Why.
Yahoo Finance· 2025-10-03 17:31
Group 1 - Centrus Energy Corp. (NYSEAMERICAN:LEU) experienced an 11.82% increase in share price from September 25 to October 2, 2025, marking it as one of the top-performing energy stocks for the week [1] - The company's stock reached a 10-year high due to a surge in uranium futures in the US, which exceeded $83 per pound, driven by investor interest and demand for nuclear fuel [2] - Centrus Energy announced plans for a multibillion-dollar expansion of its uranium enrichment facility in Ohio, aimed at increasing nuclear fuel production and reducing reliance on Russian imports, with investment amounts contingent on US Energy Department funding decisions [3]
Centrus Energy Corp. (LEU) Finalizes Memorandum of Understanding with Korea Hydro & Nuclear Power (KHNP) and POSCO International
Yahoo Finance· 2025-09-12 15:04
Group 1 - Centrus Energy Corp. finalized a Memorandum of Understanding with Korea Hydro & Nuclear Power and POSCO International to explore investment in expanding its uranium enrichment plant in Piketon, Ohio [2][3] - The agreement increases supply volumes under the February 2025 contract with KHNP, with expansion plans dependent on federal funding from the U.S. Department of Energy [3] - Centrus Energy is positioned to deliver Low-Enriched Uranium (LEU) and High-Assay Low-Enriched Uranium (HALEU) for current and next-generation reactors, strengthening U.S.-Korea nuclear cooperation [3][4] Group 2 - Centrus Energy is a nuclear fuel and services supplier focused on restoring U.S. uranium enrichment capacity and advancing HALEU production for clean energy and national security needs [4]
Centrus Announces CFO Transition
Prnewswire· 2025-08-08 13:10
Group 1 - Centrus Energy Corp. appointed Todd Tinelli as Chief Financial Officer, effective August 11, 2025, replacing Kevin Harrill who is resigning after a successful four-year tenure [1][2] - Todd Tinelli brings over 20 years of experience in the energy industry, focusing on financial operations, enterprise optimization, and capital allocation to support long-term growth objectives [2][4] - The company aims to restore America's uranium enrichment capabilities at scale, which is crucial for meeting clean energy and national security needs [3][7] Group 2 - Centrus has provided over 1,850 reactor years of fuel since 1998, equivalent to more than 7 billion tons of coal, highlighting its role in the nuclear power industry [6] - The company is pioneering the production of High-Assay, Low-Enriched Uranium, which is essential for advanced reactors and energy security [7] - Todd Tinelli's previous role as CFO at Sprague Resources LP involved managing capital structures for a $4 billion trading and marketing company, showcasing his relevant experience [4][5]
Centrus to Webcast Conference Call on August 6 at 8:30 a.m. ET
Prnewswire· 2025-07-08 20:42
Company Overview - Centrus Energy Corp. is a trusted American supplier of nuclear fuel and services for the nuclear power industry, contributing to the demand for clean, affordable, carbon-free energy [3] - Since its inception in 1998, the company has provided over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal [3] Upcoming Financial Events - Centrus Energy will hold its quarterly conference call on August 6, 2025, at 8:30 a.m. ET to discuss its second quarter earnings report for 2025, which will be released after market close on August 5, 2025 [1][2] - The conference call will be accessible via the company's website, with a replay available until August 19, 2025 [2] Industry Position and Capabilities - The company is pioneering the production of High-Assay, Low-Enriched Uranium and is leading efforts to restore America's uranium enrichment capabilities at scale [4] - Centrus Energy aims to meet the needs for clean energy, energy security, and national security [4]
Centrus Energy to Participate in Upcoming Investor Events
Prnewswire· 2025-05-29 21:48
BETHESDA, Md., May 29, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences. On Tuesday, June 3, management is scheduled to host one-on-one investor meetings at the Stifel 2025 Boston Cross Sector 1x1 Conference in Boston, MA. On Wednesday, June 4, management is scheduled to host one-on-one investor meetings at the William Blair Growth Stock Conference in Chicago, IL. As part of the conference, management will p ...