Core Viewpoint - Centrus Energy (LEU) has experienced a significant stock surge of 196.5% year-to-date, outperforming the non-ferrous mining industry and the S&P 500 [1][6]. Group 1: Stock Performance - Centrus Energy's stock has outperformed peers such as Cameco (CCJ) with a gain of 37.8%, Energy Fuels (UUUU) with 26.9%, and Uranium Energy (UEC) which has seen a decline of 6.3% year-to-date [4][6]. - The company has been trading above both the 200-day and 50-day simple moving averages, indicating a bullish trend [7]. Group 2: Business Developments - Centrus Energy completed Phase II of its Department of Energy (DOE) HALEU contract, delivering 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) and securing a one-year extension through June 2026 [11][12]. - The company reported Q1 revenues of $73.1 million, a 67% increase year-over-year, with LEU segment sales rising 117% due to higher prices and volume [15][16]. - Centrus Energy has a robust backlog of $3.8 billion in revenue, including long-term contracts with major utilities extending through 2040 [16]. Group 3: Market Opportunity - Centrus Energy is the only source of HALEU enrichment in the Western world, with the HALEU market expected to grow from $0.26 billion in 2025 to $6.2 billion by 2035 [17][18]. - The company plans to expand production capacity in Ohio to meet domestic demand for HALEU and low-enriched uranium [18]. Group 4: Financial Metrics - Centrus Energy's total debt-to-total capital ratio stands at 0.68, which is significantly higher than Cameco's 0.13, while Energy Fuels and Uranium Energy have no debt [19]. - The company has experienced a compound annual growth rate (CAGR) of 22.6% in revenues, but earnings growth has lagged at a CAGR of 12.6% [20]. Group 5: Valuation and Earnings Estimates - Centrus Energy is trading at a forward price/sales multiple of 7.46X, which is a premium compared to the industry average of 2.91X and its three-year median of 2.18X [27]. - The Zacks Consensus Estimate for Centrus Energy's 2025 earnings is $3.43 per share, indicating a 23.3% year-over-year decline, with a similar decline projected for 2026 [24][25].

Core Insights - Centrus Energy (LEU) has successfully delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy (DOE), completing Phase II of its three-phase contract [1][9] - Centrus Energy is the only source of HALEU enrichment in the Western world, which is crucial for powering existing and advanced reactors to meet the demand for carbon-free electricity [2][4] - The HALEU market is projected to grow significantly, from $0.26 billion in 2025 to $6.2 billion by 2035, highlighting a substantial market opportunity for Centrus Energy [4] Company Developments - Centrus Energy signed a contract with the DOE in 2022 to produce HALEU at its Piketon, OH facility, having delivered a total of 920 kilograms in Phases I and II, and is now moving into Phase III [3][9] - The DOE has extended Centrus Energy's contract through June 30, 2026, with the possibility of up to eight additional years of production based on federal appropriations [3][9] - The company plans to expand its production capacity in Ohio to meet domestic demand for both HALEU and low-enriched uranium [4] Competitive Landscape - Centrus Energy competes with major producers of low-enriched uranium, which are primarily government-owned entities, including Orano (France), Rosatom/TENEX (Russia), Urenco (Netherlands, UK, and Germany), and CNEIC (China) [5] - In the uranium mining sector, Energy Fuels is ramping up production and aims to produce up to 6 million pounds of uranium annually, while Ur Energy operates the Lost Creek project with an annual capacity of 1.2 million pounds [6][7] Market Performance - Centrus Energy shares have increased by 161% this year, significantly outperforming the industry average growth of 9.8% [8]

NANO Nuclear Signs a Memorandum of Understanding with UrAmerica Ltd. to Help Modernize and Develop Argentina's Nuclear Fuel Supply ChainJuly 08, 2025 9:56 AM EDT | Source: NANO Nuclear Energy Inc.New York, New York--(Newsfile Corp. - July 8, 2025) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) ...

We calculate that Russia earned about $2.7bn from exporting enriched uranium in 2023. Perhaps more important than the money is the diplomatic leverage the country gains over its customers https://t.co/uzpAd4jIQm ...

Core Insights - NuScale Power is experiencing significant growth due to high demand for electricity and clean energy, particularly from AI-powered data centers [1][10] - The company's small modular reactor (SMR) technology is well-positioned to meet the increasing energy demands of hyperscale data centers, which are projected to triple their energy use over the next three years [2][10] - NuScale Power is forming strong partnerships with major technology companies and financial institutions, enhancing its market position in sustainable energy solutions [3][4] Industry Dynamics - The energy demand from data centers is expected to account for 12% of U.S. electricity consumption by 2028, presenting a substantial opportunity for NuScale Power [2] - Competitors in the nuclear energy sector include Centrus Energy and Constellation Energy, both of which are also advancing their nuclear technologies and expanding their operations [5][7] - Centrus Energy has secured an extension for its HALEU production contract, which supports advanced nuclear reactor development [6] Financial Performance - NuScale Power's stock has surged 137% year-to-date, significantly outperforming the broader technology sector [10] - The stock is currently trading at a high forward Price/Sales ratio of 105.08X, indicating a steep premium compared to the Computer & Technology sector's 6.51X [11] - The Zacks Consensus Estimate for the company's loss in 2025 is projected at 42 cents per share, reflecting a slight widening over the past month [14]

Core Insights - Centrus Energy Corp. has achieved a significant milestone by producing and delivering 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, marking the completion of Phase II production targets under its contract [1][8] Group 1: HALEU Production and Contract Details - The contract with the Department of Energy was initiated in 2019 and re-awarded in 2022, with significant progress made, including the successful delivery of initial HALEU products in Phase I [2] - To date, Centrus Energy has delivered over 920 kilograms of HALEU, which is owned by the Department of Energy and can support national priorities such as advanced reactor development [3] - With Phase II completed, Centrus Energy is advancing to Phase III of its HALEU production contract, having secured a one-year extension through June 2026, with options for up to eight additional years [4][8] Group 2: Financial Performance - Centrus Energy reported quarterly earnings of 91 cents per share in Q1, surpassing the Zacks Consensus Estimate of a loss of 10 cents per share, compared to a loss of 38 cents per share a year ago [6] - The company posted revenues of $73 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate of $65 million, and up from $44 million in the year-ago quarter [6] Group 3: Stock Performance - Over the past year, Centrus Energy's shares have increased by 311.8%, contrasting with a 15.9% decline in the industry [7]

Investor Presentation May 2025 Forward-Looking Statements Disclaimer: Our commentary and responses to your questions may contain forward-looking statements, including our financial projections, within the meaning of Section 21E of the Securities Exchange Act of 1934. Centrus undertakes no obligation to update any such statement to reflect later developments. Factors that could cause actual results to vary materially from those discussed today include risks related to: the refusal or inability of Russian gov ...

Core Viewpoint - Oklo's partnership with Hexium and TerraPower has negatively impacted Centrus Energy's stock, raising concerns about Centrus potentially losing a key customer for high-assay low-enriched uranium (HALEU) supplies [1][2][5] Group 1: Company Developments - Centrus Energy's stock fell by 4.7% following news of Oklo's new partnerships [1] - Oklo has shifted its focus to collaborate with Hexium and TerraPower, which may leverage advanced laser enrichment technology for nuclear fuel supply [2][4] - The uncertainty surrounding Hexium's technology could jeopardize Centrus's position as a supplier of HALEU to Oklo [5] Group 2: Financial Performance - Despite the recent stock decline, Centrus remains a profitable company, having earned over $100 million in the last 12 months and generating positive free cash flow [6] - Centrus is noted for being an established enriching company with no net debt, suggesting potential for continued investment interest [6]

Key Takeaways NuScale Power (SMR) and Centrus Energy (LEU) are major players in the evolving nuclear energy landscape, each contributing to the future of advanced nuclear technology. NuScale is focused on developing small modular reactors (SMRs), while Centrus Energy specializes in the enrichment of High-Assay Low- Enriched Uranium (HALEU), which is a critical fuel source for powering SMRs in the future. Per Fortune Business Insight report, the global SMR market was valued at $5.81 billion in 2024 and is pr ...

Core Points - Centrus Energy's subsidiary has successfully produced and delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, marking a significant milestone in HALEU production [1][2] - The company has achieved its production target for Phase II of its contract with the Department of Energy, having delivered over 920 kilograms of HALEU to date [1][3] - Centrus is the only source of HALEU enrichment in the Western world, which is critical for the next generation of reactors [2] - The company is moving into Phase III of its HALEU production contract, having secured a contract extension for an additional year of production through June 30, 2026 [2][3] - The HALEU produced is intended to support national priorities, including the demonstration and commercialization of HALEU-fueled advanced reactors [4] Company Overview - Centrus Energy has been a trusted supplier of nuclear fuel and services since 1998, providing over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal [5] - The company is focused on restoring America's uranium enrichment capabilities at scale to meet clean energy, energy security, and national security needs [6]