Constellation Energy（CEG *）株式概要コンステレーション・エナジー・コーポレーションは、米国でエネルギー製品やサービスを生産・販売している。 詳細CEG * ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長3/6過去の実績3/6財務の健全性3/6配当金0/6報酬当社が推定した公正価値より27.2%で取引されている 収益は年間13.26%増加すると予測されています 過去1年間で収益は27%増加しました アナリストらは、株価が36.9%上昇するだろうとほぼ一致している。 リスク分析MX市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去1年間で株主の希薄化が進んだ 財務結果に影響を与える大きな一時的項目 多額の負債を抱えている すべてのリスクチェックを見るCEG * Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueMex$Current PriceMex$4.64k91.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-249m40b2016201920222025202620282031Revenue US$39.5bEarnings US$5.0bAdvancedSet Fair ValueView all narrativesConstellation Energy Corporation 競合他社Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)Symbol: BMV:FCFE 18Market cap: Mex$27.3bDuke EnergySymbol: NYSE:DUKMarket cap: US$94.3bSouthernSymbol: NYSE:SOMarket cap: US$104.3bAmerican Electric Power CompanySymbol: NasdaqGS:AEPMarket cap: US$68.1b価格と性能株価の高値、安値、推移の概要Constellation Energy過去の株価現在の株価US$4,640.0052週高値US$7,566.0052週安値US$4,280.00ベータ1.151ヶ月の変化-8.95%3ヶ月変化-7.38%1年変化-17.51%3年間の変化n/a5年間の変化n/aIPOからの変化400.54%最新ニュースReported Earnings • May 12First quarter 2026 earnings released: EPS: US$4.49 (vs US$0.38 in 1Q 2025)First quarter 2026 results: EPS: US$4.49 (up from US$0.38 in 1Q 2025). Revenue: US$11.1b (up 64% from 1Q 2025). Net income: US$1.59b (up US$1.47b from 1Q 2025). Profit margin: 14% (up from 1.7% in 1Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in South America.Buy Or Sell Opportunity • May 12Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to Mex$5,070. The fair value is estimated to be Mex$6,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Declared Dividend • May 03Fourth quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 15th May 2026 Payment date: 5th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 49%.お知らせ • Apr 30Constellation Energy Corporation Declares Dividend, Payable on June 5, 2026Constellation Energy Corporation declared a quarterly dividend of $0.4265 per share on Constellation’s common stock. The dividend is payable on June 5, 2026, to shareholders of record as of 5 p.m. Eastern time on May 15, 2026.Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to Mex$5,096. The fair value is estimated to be Mex$6,403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.お知らせ • Apr 11Constellation Energy Corporation to Report Q1, 2026 Results on May 11, 2026Constellation Energy Corporation announced that they will report Q1, 2026 results on May 11, 2026最新情報をもっと見るRecent updatesReported Earnings • May 12First quarter 2026 earnings released: EPS: US$4.49 (vs US$0.38 in 1Q 2025)First quarter 2026 results: EPS: US$4.49 (up from US$0.38 in 1Q 2025). Revenue: US$11.1b (up 64% from 1Q 2025). Net income: US$1.59b (up US$1.47b from 1Q 2025). Profit margin: 14% (up from 1.7% in 1Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in South America.Buy Or Sell Opportunity • May 12Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to Mex$5,070. The fair value is estimated to be Mex$6,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Declared Dividend • May 03Fourth quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 15th May 2026 Payment date: 5th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 49%.お知らせ • Apr 30Constellation Energy Corporation Declares Dividend, Payable on June 5, 2026Constellation Energy Corporation declared a quarterly dividend of $0.4265 per share on Constellation’s common stock. The dividend is payable on June 5, 2026, to shareholders of record as of 5 p.m. Eastern time on May 15, 2026.Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to Mex$5,096. The fair value is estimated to be Mex$6,403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.お知らせ • Apr 11Constellation Energy Corporation to Report Q1, 2026 Results on May 11, 2026Constellation Energy Corporation announced that they will report Q1, 2026 results on May 11, 2026お知らせ • Mar 20Constellation Energy Corporation, Annual General Meeting, Apr 28, 2026Constellation Energy Corporation, Annual General Meeting, Apr 28, 2026.Buy Or Sell Opportunity • Mar 17Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to Mex$5,420. The fair value is estimated to be Mex$4,509, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Declared Dividend • Mar 01Fourth quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 9th March 2026 Payment date: 20th March 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 48%.New Risk • Feb 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 126% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.1% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).Buy Or Sell Opportunity • Feb 25Now 27% overvaluedOver the last 90 days, the stock has fallen 13% to Mex$5,602. The fair value is estimated to be Mex$4,408, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.New Risk • Feb 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.1% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (9.1% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).Reported Earnings • Feb 25Full year 2025 earnings released: EPS: US$7.41 (vs US$11.90 in FY 2024)Full year 2025 results: EPS: US$7.41 (down from US$11.90 in FY 2024). Revenue: US$25.5b (up 8.3% from FY 2024). Net income: US$2.32b (down 38% from FY 2024). Profit margin: 9.1% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to remain flat.お知らせ • Feb 25Constellation Energy Corporation Declares Quarterly Dividend, Payable on March 20, 2026Constellation Energy Corporation declared a quarterly dividend of $0.4265 per share on common stock, payable on March 20, 2026, to shareholders of record as of 5 p.m. Eastern time on March 9, 2026.お知らせ • Feb 18Constellation Energy Corporation to Report Q4, 2025 Results on Feb 24, 2026Constellation Energy Corporation announced that they will report Q4, 2025 results at 12:30 PM, US Eastern Standard Time on Feb 24, 2026お知らせ • Feb 11Constellation Energy Corporation Announces Appointment of Alan Armstrong to Board Committees, Effective February 10, 2026Constellation Energy Corporation reported the election of Alan Armstrong to the Board of Directors, effective January 1, 2026. On February 10, 2026, Alan Armstrong was appointed to serve on the Compensation Committee and the Nuclear Oversight Committee.New Risk • Jan 20New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 5.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.1% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).New Risk • Jan 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding).お知らせ • Jan 07U.S. Nuclear Regulatory Commission Greenlights Constellation’S $167 Million Digital Modernization Plan for Limerick Clean Energy Center; State-Of-The-Art Technology Upgrades Will Enhance Reliability, Diagnostic Capability and Cyber ResilienceConstellation announced the U.S. Nuclear Regulatory Commission (NRC) has approved a License Amendment Request for the Limerick Clean Energy Center’s Digital Modernization Project, a first-of-its-kind upgrade across major control and protection systems that will enhance reliability, diagnostic capability and cyber resilience at one of the nation’s top-rated nuclear facilities. This approval comes at a critical time as Constellation works to preserve and expand nuclear generation in Pennsylvania. The Digital Modernization Project replaces select analog instrumentation and control equipment with state-of-the-art digital platforms designed to improve equipment monitoring, provide a broader range of automation and support additional operational flexibility with enhanced reliability. These upgrades will help Limerick deliver around-the-clock, carbon-free electricity to power homes, businesses and new data-driven industries that are creating jobs in the region. This is the first large-scale demonstration of a digital safety system upgrade at an operating U.S. nuclear plant, supported by the U.S. Department of Energy’s (DOE’s) Light Water Reactor Sustainability Program. The Digital Modernization Project installation will be done in phases and carefully managed to ensure safety and operational continuity. Physical installation of the digital control rooms is planned to occur during upcoming refueling outages. During these scheduled outages, Limerick will welcome thousands of additional skilled craft workers to support the work, providing a boost to the local economy through a surge in spending on lodging, dining and services. Located along the Schuylkill River in Montgomery County, Pennsylvania (about 35 miles northwest of Philadelphia), Limerick’s two nuclear units provide up to 2,317 megawatts of reliable, carbon-free electricity, enough to power more than 1.7 million homes. The station supports local jobs and economic activity, while contributing to regional clean-energy goals.お知らせ • Dec 17the Nuclear Regulatory Commission Approves 20-Year Initial License Renewal for Constellation's Clinton Clean Energy CenterThe Nuclear Regulatory Commission (NRC) has approved a 20-year initial license renewal for Constellation's Clinton Clean Energy Center and a 20-year subsequent license renewal for its Dresden Clean Energy Center, following a rigorous review of maintenance activities, plant equipment and safety systems at the two Illinois facilities. The approvals allow Clinton to operate through 2047 and the Dresden reactors to operate through 2049 and 2051. Constellation, the nation's largest operator of clean, reliable nuclear power, is investing more than $370 million to relicense the plants, installing upgrades to increase efficiency and ensure safety and reliability for decades to come. At Clinton, two new auxiliary transformers and two advanced equipment chillers are delivering higher system reliability, while upgrades to the plant's condensate polisher system offer greater protection from component degradation. At Dresden, operators are now using next-generation feedwater level control technology to enhance reactor safety, while a new main power transformer purchased for the plant will deliver electrical system monitoring and control. With these and other upgrades in place, Clinton and Dresden continue to operate at higher levels of safety, reliability and efficiency than the day they came online. While these license renewals give Constellation the regulatory approval needed to operate Clinton and Dresden for another two decades, actual operation is contingent on each plant's financial viability. At Clinton, the facility's carbon-free energy is secure as a result of the 20-year agreement with Meta announced in August. The deal supports the continued operation, expansion and relicensing of the 1,121-megawatt Clinton facility following the expiration of the state's Zero Emission Credit (ZEC) program in May 2027.お知らせ • Nov 21+ 1 more updateConstellation Energy Corporation Announces Executive Changes Ahead of Calpine Deal ClosingConstellation Energy Corporation announced on November 21, 2025, a series of senior leadership appointments as the company prepares to complete its transaction with Calpine. The leadership changes take effect upon completion of Constellation’s deal with Calpine, which is expected to close in the fourth quarter of 2025, subject to clearance by the Department of Justice and other customary closing conditions. Kathleen Barrón, Executive Vice President and Chief Strategy and Growth Officer, has announced she will retire after 30 years in the energy industry. Following ten years in private legal practice and five years in the federal government, Barrón joined Constellation’s predecessor company in 2010 and held numerous senior leadership roles over the past 15 years, including leading the government and regulatory affairs and public policy function, where she was responsible for many favorable outcomes in federal and state energy and environmental policy matters as well as wholesale market design advocacy. Because of her unique role, Barrón’s responsibilities will be dividend among other senior leaders upon closing of the Calpine transaction. She has agreed to remain on the Constellation senior leadership team as an advisor to the CEO through the first half of 2026 to ensure a seamless transition. Dan Eggers, Executive Vice President and Chief Financial Officer, has been promoted to Senior Executive Vice President, Finance and Data Economy, reporting to Joe Dominguez, President and CEO. In his new role, Eggers will expand his Finance responsibilities to lead Constellation’s Data Economy business. Shane Smith, Senior Vice President, Treasury and Credit, has been promoted to Executive Vice President and Chief Financial Officer, reporting to Eggers. David Dardis, Executive Vice President and Chief Legal and Policy Officer, also was promoted to Senior Executive Vice President, Chief External Affairs and Growth Officer, reporting to Dominguez. In his new role, Dardis will lead the company’s new generation development business and grow his remit to include Legal, Policy, Sustainability, Strategy, Corporate Affairs and Public Advocacy. Bryan Hanson, Executive Vice President and Chief Generation Officer, and Jim McHugh, Executive Vice President and Chief Commercial Officer, also were promoted to senior executive vice presidents due to their expanded responsibilities. Andrew Novotny will join Constellation and become Senior Executive Vice President, Constellation Power Operations, and President and CEO of Calpine, and will continue to lead the Calpine business plus Constellation’s fleet of natural gas, hydro, solar and wind generation, reporting to Dominguez. Several other Calpine senior executives will join the Constellation leadership team as well.お知らせ • Nov 12Constellation Energy Corporation Announces Peter Oppenheimer Intends to Retire from its Board, Effective December 31, 2025On November 9, 2025, Peter Oppenheimer notified the Board of Directors of Constellation Energy Corporation of his intent to retire from the Board. His retirement is effective December 31, 2025.New Risk • Nov 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risk Large one-off items impacting financial results.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: US$2.97 (vs US$3.83 in 3Q 2024)Third quarter 2025 results: EPS: US$2.97 (down from US$3.83 in 3Q 2024). Revenue: US$6.57b (flat on 3Q 2024). Net income: US$930.0m (down 23% from 3Q 2024). Profit margin: 14% (down from 18% in 3Q 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.Declared Dividend • Nov 03Second quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 17th November 2025 Payment date: 5th December 2025 Dividend yield will be 0.3%, which is lower than the industry average of 4.3%.お知らせ • Oct 30Constellation Energy Corporation Declares Dividend, Payable on December 5, 2025The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on Constellation’s common stock. The dividend is payable on December 5, 2025, to shareholders of record as on November 17, 2025.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$7,432, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 12x in the Electric Utilities industry in South America. Total returns to shareholders of 333% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$5,462 per share.New Risk • Oct 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 6.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (6.1% average weekly change). High level of non-cash earnings (27% accrual ratio).お知らせ • Sep 30Constellation Appoints Alan Armstrong to Board of Directors, Effective Jan. 1, 2026Constellation has announced the election of Alan S. Armstrong to its board of directors, effective Jan. 1, 2026. Armstrong is currently executive chairman of the board of directors for Williams, a major U.S. energy infrastructure company that primarily focuses on natural gas gathering, processing and transmission. Armstrong served as the company’s president and CEO for 14 years prior to being named its board chair earlier this year. Prior to being named Williams CEO in 2011, Armstrong led the company’s North American midstream and olefins businesses through a period of growth and expansion as Senior Vice President – Midstream. Previously, he served in a number of operational and commercial roles in various business units at Williams. He joined the company in 1986 as an engineer. A respected industry leader, Armstrong currently serves as chair of the National Petroleum Council and is a founding member of Natural Allies for a Clean Energy Future. He also serves as board member for BOK Financial Corp. Armstrong earned his bachelor’s degree in civil engineering from the University of Oklahoma where he currently serves as chair of The University of Oklahoma Foundation.Buy Or Sell Opportunity • Sep 10Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to Mex$5,680. The fair value is estimated to be Mex$4,720, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 75%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period.お知らせ • Sep 04Constellation Energy Corporation Announces Chief Nuclear Officer ChangesConstellation Energy Corporation announced the appointment of Chris Mudrick as the company’s new chief nuclear officer, effective September 29, 2025. Mudrick succeeds Dave Rhoades, who is retiring at the end of the year after serving in the role since 2021. Chris Mudrick has served as senior vice president of generation growth since returning to Constellation last year after serving the previous four years as chief nuclear officer at Bruce Power in Canada. Since rejoining Constellation, he has overseen the Crane Clean Energy Center restart and supported numerous growth and data economy initiatives. Mudrick spent more than 30 years in leadership positions at Constellation prior to joining Bruce Power.Declared Dividend • Aug 10Second quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th August 2025 Payment date: 5th September 2025 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: US$2.68 (vs US$2.58 in 2Q 2024)Second quarter 2025 results: EPS: US$2.68 (up from US$2.58 in 2Q 2024). Revenue: US$6.10b (up 11% from 2Q 2024). Net income: US$839.0m (up 3.1% from 2Q 2024). Profit margin: 14% (down from 15% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 75% per year whereas the company’s share price has increased by 71% per year.お知らせ • Aug 06Constellation Energy Corporation Declares Quarterly Dividend, Payable on September 5, 2025The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on Constellation’s common stock. The dividend is payable on Sept. 5, 2025, to shareholders of record as of 5 p.m. Eastern time on Aug. 18, 2025.お知らせ • Jun 30+ 3 more updatesConstellation Energy Corporation(NasdaqGS:CEG) dropped from Russell 1000 Growth IndexConstellation Energy Corporation(NasdaqGS:CEG) dropped from Russell 1000 Growth Indexお知らせ • Jun 18Constellation Energy Corporation Receives Regulatory Approval from the New York State Public Service CommissionConstellation announced it has received regulatory approval from the New York State Public Service Commission (PSC) for its previously announced acquisition of Calpine Corporation. The approval represents the most recent key step forward in Constellation’s plans to combine the nation’s largest zero-emissions nuclear fleet with Calpine’s premier portfolio of low-emission natural gas and geothermal assets. The deal will establish a coast-to-coast platform capable of supporting growing demand for around-the-clock, sustainable power. Earlier this month, the deal cleared regulatory review with Texas’ Public Utilities Commission. The transaction — expected to close in the fourth quarter of 2025 — now awaits approval from the Federal Energy Regulatory Commission and the Department of Justice, along with other customary closing conditions.Buy Or Sell Opportunity • May 14Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to Mex$5,450. The fair value is estimated to be Mex$7,050, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has grown by 78%. For the next 3 years, revenue is forecast to decline by 0.7% per annum. Earnings are forecast to grow by 7.0% per annum over the same time period.New Risk • May 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risk Significant insider selling over the past 3 months (Mex$25m sold).Declared Dividend • May 04Fourth quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 16th May 2025 Payment date: 6th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 4.3%.お知らせ • Apr 30Constellation Energy Corporation Declares Quarterly Dividend, Payable on June 6, 2025The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on Constellation’s common stock. The dividend is payable on June 6, 2025, to shareholders of record as of May 16, 2025.Buy Or Sell Opportunity • Apr 28Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to Mex$4,372. The fair value is estimated to be Mex$3,606, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.7% per annum. Earnings are forecast to grow by 1.9% per annum over the same time period.Buy Or Sell Opportunity • Apr 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to Mex$3,500. The fair value is estimated to be Mex$4,501, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are forecast to grow by 2.0% per annum over the same time period.お知らせ • Mar 20Constellation Energy Corporation, Annual General Meeting, Apr 29, 2025Constellation Energy Corporation, Annual General Meeting, Apr 29, 2025.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$5,414, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Electric Utilities industry in South America. Total returns to shareholders of 555% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$4,284 per share.Recent Insider Transactions • Feb 23Senior VP & Controller recently sold Mex$25m worth of stockOn the 20th of February, Matthew Bauer sold around 4k shares on-market at roughly Mex$6,331 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Declared Dividend • Feb 21Fourth quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 7th March 2025 Payment date: 18th March 2025 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%.Reported Earnings • Feb 18Full year 2024 earnings released: EPS: US$11.90 (vs US$5.03 in FY 2023)Full year 2024 results: EPS: US$11.90 (up from US$5.03 in FY 2023). Revenue: US$23.6b (down 5.4% from FY 2023). Net income: US$3.75b (up 131% from FY 2023). Profit margin: 16% (up from 6.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 89% per year whereas the company’s share price has increased by 93% per year.お知らせ • Feb 18Constellation Energy Corporation Declares Quarterly Dividend, Payable on March 18, 2025Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on common stock, payable on March 18, 2025, to shareholders of record as of 5 p.m. Eastern time on March 7, 2025.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Mex$5,638, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Electric Utilities industry in South America. Total returns to shareholders of 166% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$4,455 per share.お知らせ • Jan 16New York Joins Constellation in Pursuit of Energy Department Funding for Advanced Nuclear ReactorConstellation commends the State of New York’s newly unveiled policies aimed at expanding the deployment of advanced nuclear energy to reach its goal of providing abundant, clean, reliable and affordable electricity for all New Yorkers. The New York State Energy Research and Development Authority (NYSERDA) has joined Constellation on a grant proposal to the U.S. Department of Energy (DOE) to support the company’s efforts to seek an early site permit from the Nuclear Regulatory Commission for one or more advanced nuclear reactors at the Nine Mile Point Clean Energy Center in Oswego, New York. If granted, the DOE funding would be used to pursue an early site permit at Nine Mile Point. An early site permit from the NRC approves a site for future development of a nuclear power plant. The permit is valid for 10 to 20 years, and the company can apply for a construction and operating license at any time during the permit period.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 35%After last week's 35% share price gain to Mex$6,338, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 8x in the Electric Utilities industry in South America. Total returns to shareholders of 243% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,921 per share.お知らせ • Jan 10Constellation Energy Reportedly Near $30 Billion Deal to Acquire CalpineConstellation Energy Corporation (NasdaqGS:CEG) is nearing a roughly $30 billion deal to acquire power producer Calpine Corporation, people familiar with the matter said, a move that would significantly expand Constellation's generation assets at a time of rising U.S. power demand. The transaction could be announced as early as January 8, 2025, said the people. Constellation is expected to pay mostly stock, with a small cash component, said one, adding the purchase price would include around $12 billion of Calpine debt which the buyer will absorb. The deliberations are ongoing, the sources said, cautioning that while the talks are advanced, a deal is not guaranteed. Constellation and Calpine did not respond to comment requests. Reuters was first to report in May that the private equity owners of Calpine were considering various options, including a sale of the company, at a valuation of about $30 billion, including debt. If the talks are successful, a takeover of Calpine would rank as the biggest in the U.S. power industry since TXU Corp.'s $45 billion leveraged buyout in 2007. For Constellation, a successful acquisition would add significant gas-fired power generation to its existing mix, which is around 60% nuclear and also includes some gas, renewables and oil, according to its website. It would also broaden Constellation's geographic footprint outside of its traditional focus areas of the northeast and Midwest: Calpine has a dozen power plants in Texas, as well as numerous generation assets on the West Coast. The news comes as the boom in artificial intelligence and data centers is driving power demand higher, making generation assets increasingly attractive to buyers. For investors with long-standing bets on the power industry, the backdrop is allowing them to exit profitably. Calpine was taken private in 2017 by buyout firm Energy Capital Partners, Canadian pension fund CPP Investments and Access Industries for a total of $17 billion, including debt. Both Constellation and Calpine are independent power producers and, unlike regulated utilities, can sell power at market prices, allowing them to profit more when demand rises. U.S. power demand is forecast to hit a record this year, building on an expectation of record demand in 2024, according to the U.S. Energy Information Administration. A government-backed report last month said power demand from data centers was expected to triple in the next three years, and consume as much as 12% of the country's electricity. Bloomberg reported on Constellation's talks with Calpine earlier on January 08, 2025.お知らせ • Dec 18Constellation Energy Corporation Announces First-Ever Product Allowing Consumers to Power Their Homes with 100% Clean Nuclear EnergyConstellation Energy Corporation announced America’s first-ever product allowing consumers to power their homes with 100% clean nuclear energy, through a new retail pilot program in Washington, D.C. Clean, carbon-free nuclear energy is experiencing a major resurgence, with U.S. public support for nuclear at its highest in a decade, according to recent polls conducted by Pew and Gallup. Both polls found that a majority of Americans support nuclear and recognize it as a safe, reliable, and carbon-free energy source. Now Washingtonians can show their support for carbon-free nuclear energy—and help fight climate change—by purchasing 100% clean nuclear energy to power their homes. Nuclear energy is safe, clean, reliable, and affordable. In fact, the clean nuclear energy offer at 11.99 cents per kilowatt-hour is lower than the local D.C. utility’s current supply rate. By choosing carbon-free nuclear energy, Washingtonians can save money on their energy bills while they help fight climate change. To sign up for nuclear energy, Washington, D.C. residents simply visit here and enter their address and utility bill account number. Participating customers will continue to receive electricity through the existing utility infrastructure. Constellation, through its retail energy supplier subsidiary, will match 100% of these customers’ electricity usage with Emission Free Energy Certificates (EFECs) generated at Constellation’s nuclear-powered clean energy centers in PJM—the regional electricity grid that serves 13 states and Washington, D.C. This approach allows customers to support clean energy without any changes to their current service setup or reliability. Washington, D.C. is the first pilot market for the new residential nuclear program, and Constellation plans to expand the pilot to additional markets in 2025. Nuclear energy is the nation’s largest source of carbon-free electricity, providing nearly 20% of the total electricity supply in the United States and about half of its carbon-free energy. It is a reliable, always-on power source, capable of operating around the clock to meet the nation’s energy needs with zero greenhouse gas emissions. By delivering continuous, clean power, nuclear energy helps stabilize the electric grid and ensures reliability and resiliency, even during extreme weather events. Nuclear also is key to American energy security and independence and provides good-paying, family-sustaining jobs to keep communities strong. As the nation’s largest nuclear energy operator, Constellation’s annual output is nearly 90% carbon-free. Constellation’s award winning nuclear generating facilities achieved capacity factors of 94.4% in 2023. The company’s hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation’s clean energy. Constellation’s clean generation fleet avoids 125 million metric tons of carbon emissions annually, which is equivalent to taking more than 29 million gas-powered cars off the road for one year.お知らせ • Dec 13Constellation Energy Corporation Announces Board ChangesConstellation announced the appointment of Peter Oppenheimer and Eileen Paterson to the Constellation board of directors, while Laurie Brlas, a long-time independent director, will retire from the company’s board effective December 31, 2024. Oppenheimer and Paterson will join the board effective December 16, 2024. Oppenheimer has served on the board of directors at Goldman Sachs since 2014 and chairs its Audit Committee. He also is the chairman of the Goldman Sachs Bank USA subsidiary board. He previously served as the chief financial officer of Apple from 2004 to 2014. During his leadership at Apple, the company experienced significant growth and profitability while also launching some of the most technology products in recent history, including the iPhone and iPad. Prior to his role at Apple, Oppenheimer was the divisional chief financial officer at ADP, the payment processing company, and a consultant for Coopers & Lybrand, which later became PricewaterhouseCoopers. Former CEO of aerospace and defense manufacturer Aerojet Rocketdyne, Paterson serves on the board of the integrated downstream energy company Marathon Petroleum Corporation, where she is on the Sustainability and Public Policy Committee and Compensation and Organization Development Committee. She also serves on the board of the manufacturer, and service provider of control systems and control system components Woodward, Inc, where she serves as the chair of the Nominating and Governance Committee and is a member of the Human Capital and Compensation Committee. Prior to Aerojet Rocketdyne, Paterson served as president of Pratt & Whitney AeroPower’s auxiliary power unit and small turbojet propulsion business within United Technologies Corporation. She also held leadership roles at Ford Motor Company and Visteon Corporation. Paterson is a U.S. Army veteran and served as an active-duty U.S. Army aviator. Brlas has brought valuable financial and leadership experience, along with a diverse perspective, to Constellation’s board through her 16 years of experience as a chief financial officer at global, capital-intensive companies. She also chaired Constellation’s Audit & Risk Committee since its inception, helping to establish governance as well as oversight of financial performance and emerging risk.Buy Or Sell Opportunity • Dec 09Now 20% undervaluedOver the last 90 days, the stock has risen 40% to Mex$4,859. The fair value is estimated to be Mex$6,085, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are forecast to grow by 3.0% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$5,424, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Electric Utilities industry in South America. Total returns to shareholders of 155% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,064 per share.Declared Dividend • Nov 08Third quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 15th November 2024 Payment date: 6th December 2024 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%.Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$3.83 (vs US$2.27 in 3Q 2023)Third quarter 2024 results: EPS: US$3.83 (up from US$2.27 in 3Q 2023). Revenue: US$6.55b (up 7.2% from 3Q 2023). Net income: US$1.20b (up 64% from 3Q 2023). Profit margin: 18% (up from 12% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Electric Utilities industry in South America.Buy Or Sell Opportunity • Nov 04Now 26% undervaluedOver the last 90 days, the stock has risen 44% to Mex$4,594. The fair value is estimated to be Mex$6,225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to decline by 1.0% per annum. Earnings are forecast to grow by 8.2% per annum over the same time period.お知らせ • Nov 02Constellation Energy Corporation Declares Dividend, Payable on December 6, 2024The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on December 6, 2024, to shareholders of record as of 5 p.m. Eastern time on November 15, 2024.お知らせ • Oct 16Constellation Energy Corporation to Report Q3, 2024 Results on Nov 04, 2024Constellation Energy Corporation announced that they will report Q3, 2024 results on Nov 04, 2024Buy Or Sell Opportunity • Oct 09Now 23% undervaluedOver the last 90 days, the stock has risen 31% to Mex$5,028. The fair value is estimated to be Mex$6,491, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 0.9% per annum. Earnings are also forecast to grow by 7.2% per annum over the same time period.Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 29%After last week's 29% share price gain to Mex$4,876, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Electric Utilities industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,214 per share.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to Mex$3,900, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Electric Utilities industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$7,289 per share.Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: US$2.58 (vs US$2.57 in 2Q 2023)Second quarter 2024 results: EPS: US$2.58. Revenue: US$5.48b (flat on 2Q 2023). Net income: US$814.0m (down 2.3% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Electric Utilities industry in South America.Declared Dividend • Aug 03First quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 12th August 2024 Payment date: 6th September 2024 Dividend yield will be 0.5%, which is lower than the industry average of 4.3%.お知らせ • Jul 31Constellation Energy Corporation Declares Quarterly Dividend, Payable on September 6, 2024The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on Sept. 6, 2024, to shareholders of record as on Aug. 12, 2024.Reported Earnings • May 10First quarter 2024 earnings released: EPS: US$2.79 (vs US$0.29 in 1Q 2023)First quarter 2024 results: EPS: US$2.79 (up from US$0.29 in 1Q 2023). Revenue: US$6.16b (down 19% from 1Q 2023). Net income: US$883.0m (up US$787.0m from 1Q 2023). Profit margin: 14% (up from 1.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to grow by 2.5%.お知らせ • May 02Constellation Energy Corporation Declares Quarterly Dividend, Payable on June 10, 2024The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on June 10, 2024, to shareholders of record as of 5 p.m. Eastern time on May 29, 2024.お知らせ • Apr 11Constellation Energy Corporation to Report Q1, 2024 Results on May 09, 2024Constellation Energy Corporation announced that they will report Q1, 2024 results on May 09, 2024Board Change • Apr 05High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 21Constellation Energy Corporation, Annual General Meeting, Apr 30, 2024Constellation Energy Corporation, Annual General Meeting, Apr 30, 2024, at 09:00 Eastern Standard Time. Agenda: To elect four Class II directors nominated by Board of Directors; to consider and act on an advisory vote regarding the approval of compensation paid to named executive officers; to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024; and to transact any other business properly brought before the meeting and any adjournment or postponement thereof.Declared Dividend • Mar 01Fourth quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 7th March 2024 Payment date: 19th March 2024 Dividend yield will be 0.5%, which is lower than the industry average of 4.3%.お知らせ • Feb 29Constellation Energy Corporation Provides Earnings Guidance for 2024Constellation Energy Corporation provided earnings guidance for 2024. For the year, company expects EPS guidance range of $7.23 to $8.03 per share.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: US$5.03 (vs US$0.49 loss in FY 2022)Full year 2023 results: EPS: US$5.03 (up from US$0.49 loss in FY 2022). Revenue: US$24.9b (up 2.0% from FY 2022). Net income: US$1.62b (up US$1.78b from FY 2022). Profit margin: 6.5% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to grow by 1.4%.お知らせ • Feb 29Constellation Energy Corporation Declares Quarterly Dividend, Payable on March 19, 2024Board of Directors of Constellation Energy Corporation has declared a quarterly dividend of $0.3525 per share on common stock. The dividend is payable on March 19, 2024, to shareholders of record as March 8, 2024.Board Change • Feb 26High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Dec 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. High level of non-cash earnings (51% accrual ratio).Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$2,131, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Electric Utilities industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,246 per share.Board Change • Nov 07High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 03Constellation Energy Corporation Declares Dividend, Payable on December 8, 2023The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.282 per share on Constellation’s common stock. The dividend is payable on December 8, 2023, to shareholders of record date as on November 17, 2023.お知らせ • Oct 18Constellation to Play Key Role in $1 Billion Clean Hydrogen Hub Awarded by U.S. Department of EnergyConstellation is a major participant in the MachH2 hydrogen hub recently selected for up to $1 billion by the Department of Energy (DOE) as part of the bipartisan Infrastructure Investment and Jobs Act. Constellation will use a portion of the hub funding to build the world’s largest nuclear-powered clean hydrogen production facility at its LaSalle Clean Energy Center in Illinois. The project will produce an estimated 33,450 tons of clean hydrogen each year and create thousands of good-paying jobs. Constellation estimates its LaSalle clean hydrogen facility will cost about $900 million, with a portion of the MachH2 award offsetting the project’s cost. The Midwest Alliance for Clean Hydrogen (MachH2) is made up of more than 70 public and private entities representing every phase in the hydrogen value chain. The projects are concentrated in Illinois, Indiana and Michigan, with further representation from Kentucky, Missouri, Ohio and Wisconsin. With this award, the hub is poised to unleash billions of dollars in investment, decarbonize heavy industries, create an estimated 13,600 direct jobs and help secure U.S. leadership on clean energy. Constellation’s LaSalle clean hydrogen facility would employ lessons learned from Constellation’s 1 MW demonstration-scale, nuclear-powered clean hydrogen production facility at the Nine Mile Point Clean Energy Center in Oswego, N.Y. Funded in part through a separate DOE grant, the project began full production in March 2023, making it the first nuclear-powered hydrogen facility of its size in the U.S.Board Change • Sep 27High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Aug 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shares are highly illiquid. High level of non-cash earnings (46% accrual ratio).お知らせ • Aug 04Constellation Energy Corporation Appoints Dhiaa Jamil to the Board of DirectorsConstellation Energy Corporation announced the election of Dhiaa Jamil to the board of directors effective June 12, 2023, and that he had been appointed to serve on the Nuclear Oversight Committee of the board. Effective August 1, 2023, Mr. Jamil was appointed to serve on the Compensation Committee.Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$2.57 (vs US$0.34 loss in 2Q 2022)Second quarter 2023 results: EPS: US$2.57 (up from US$0.34 loss in 2Q 2022). Revenue: US$5.45b (flat on 2Q 2022). Net income: US$833.0m (up US$944.0m from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to remain flat.Board Change • Aug 03High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Aug 03Constellation Energy Corporation Declares Dividend, Payable on September 8, 2023The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.282 per share on Constellation’s common stock. The dividend is payable on September 8, 2023, to shareholders of record as on August 14, 2023.Board Change • Jul 18High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jun 21High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Jun 01Constellation Energy Corporation Appoints Dhiaa M. Jamil to its Board of Directors, Effective June 12, 2023Constellation Energy Corporation announced the election of Dhiaa M. Jamil to its Board of Directors effective June 12, 2023. Jamil currently serves as executive vice president and chief operating officer for Duke Energy. He is responsible for the company’s generating fleet, transmission grid, enterprise-wide project management and construction, environment, health and safety and other related support functions. Jamil will retire June 30, 2023, after more than 40 years with Duke. Prior to his current role, Jamil served as executive vice president of Duke Energy’s regulated generation and as chief nuclear officer from 2008 to 2015, where he oversaw the largest regulated nuclear fleet in the country. During that time, he played a key role in Duke’s 2012 merger with Progress Energy, integrating and transforming a fleet of 12 nuclear units. Earlier in his career, he held various leadership roles of increasing responsibility at the company’s Oconee, McGuire and Catawba nuclear stations, including station manager and site vice president. Throughout his tenure, Jamil has directed virtually every operating function from the fossil fleet and transmission grid to supply chain and construction with 14,000 employees under his scope of responsibility. He recently served on the board of directors for the Nuclear Energy Institute and chairs the UNC Charlotte Energy Production Infrastructure Center (EPIC) Advisory Board. He also serves as a trustee for the Duke Energy Foundation. Jamil is a past board member of Nuclear Electric Insurance Limited (NEIL). He also served on various utilities’ nuclear safety review boards and was a member of the National Nuclear Training Accrediting Board. A Charlotte, North Carolina, resident, Jamil received a Bachelor of Science degree in electrical engineering from the University of North Carolina at Charlotte and completed advanced management programs at both Harvard Business School and the Institute of Nuclear Power Operations.Board Change • Mar 29High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.株主還元CEG *MX Electric UtilitiesMX 市場7D-11.9%-5.2%-1.8%1Y-17.5%11.7%16.3%株主還元を見る業界別リターン: CEG *過去 1 年間で11.7 % の収益を上げたMX Electric Utilities業界を下回りました。リターン対市場: CEG *は、過去 1 年間で16.3 % のリターンを上げたMX市場を下回りました。価格変動Is CEG *'s price volatile compared to industry and market?CEG * volatilityCEG * Average Weekly Movement6.9%Electric Utilities Industry Average Movement3.9%Market Average Movement4.1%10% most volatile stocks in MX Market6.1%10% least volatile stocks in MX Market2.8%安定した株価: CEG *の株価は、 MX市場と比較して過去 3 か月間で変動しています。時間の経過による変動: CEG *の weekly volatility ( 7% ) は過去 1 年間安定していますが、依然としてMXの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト202115,315Joe Dominguezwww.constellationenergy.comコンステレーション・エナジー・コーポレーションは、米国でエネルギー製品やサービスを生産・販売している。5つのセグメントで事業を展開：中部大西洋岸、中西部、ニューヨーク、ERCOT、その他の電力地域。電力、天然ガス、エネルギー関連製品、持続可能なソリューションを提供している。原子力発電、風力発電、太陽光発電、天然ガス発電、水力発電で構成される発電容量は約31,676メガワット。同社は配電公益事業者、自治体、協同組合、商業、産業、公共部門、住宅顧客にサービスを提供している。2021年に法人化され、メリーランド州ボルチモアに本社を置いている。もっと見るConstellation Energy Corporation 基礎のまとめConstellation Energy の収益と売上を時価総額と比較するとどうか。CEG * 基礎統計学時価総額Mex$1.67t収益（TTM）Mex$65.74b売上高(TTM)Mex$517.94b25.5xPER（株価収益率3.2xP/SレシオCEG * は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CEG * 損益計算書（TTM）収益US$29.87b売上原価US$22.92b売上総利益US$6.95bその他の費用US$3.16b収益US$3.79b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）10.50グロス・マージン23.26%純利益率12.69%有利子負債／自己資本比率66.4%CEG * の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.6%現在の配当利回り14%配当性向CEG * 配当は確実ですか？CEG * 配当履歴とベンチマークを見るCEG * 、いつまでに購入すれば配当金を受け取れますか？Constellation Energy 配当日配当落ち日May 15 2026配当支払日Jun 05 2026配当落ちまでの日数2 days配当支払日までの日数19 daysCEG * 配当は確実ですか？CEG * 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/17 05:19終値2026/05/15 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Constellation Energy Corporation 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関Eric BeaumontBarclaysNicholas CampanellaBarclaysJames ThalackerBMO Capital Markets Equity Research22 その他のアナリストを表示
Reported Earnings • May 12First quarter 2026 earnings released: EPS: US$4.49 (vs US$0.38 in 1Q 2025)First quarter 2026 results: EPS: US$4.49 (up from US$0.38 in 1Q 2025). Revenue: US$11.1b (up 64% from 1Q 2025). Net income: US$1.59b (up US$1.47b from 1Q 2025). Profit margin: 14% (up from 1.7% in 1Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in South America.
Buy Or Sell Opportunity • May 12Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to Mex$5,070. The fair value is estimated to be Mex$6,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Declared Dividend • May 03Fourth quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 15th May 2026 Payment date: 5th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 49%.
お知らせ • Apr 30Constellation Energy Corporation Declares Dividend, Payable on June 5, 2026Constellation Energy Corporation declared a quarterly dividend of $0.4265 per share on Constellation’s common stock. The dividend is payable on June 5, 2026, to shareholders of record as of 5 p.m. Eastern time on May 15, 2026.
Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to Mex$5,096. The fair value is estimated to be Mex$6,403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
お知らせ • Apr 11Constellation Energy Corporation to Report Q1, 2026 Results on May 11, 2026Constellation Energy Corporation announced that they will report Q1, 2026 results on May 11, 2026
Reported Earnings • May 12First quarter 2026 earnings released: EPS: US$4.49 (vs US$0.38 in 1Q 2025)First quarter 2026 results: EPS: US$4.49 (up from US$0.38 in 1Q 2025). Revenue: US$11.1b (up 64% from 1Q 2025). Net income: US$1.59b (up US$1.47b from 1Q 2025). Profit margin: 14% (up from 1.7% in 1Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in South America.
Buy Or Sell Opportunity • May 12Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to Mex$5,070. The fair value is estimated to be Mex$6,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Declared Dividend • May 03Fourth quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 15th May 2026 Payment date: 5th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 49%.
お知らせ • Apr 30Constellation Energy Corporation Declares Dividend, Payable on June 5, 2026Constellation Energy Corporation declared a quarterly dividend of $0.4265 per share on Constellation’s common stock. The dividend is payable on June 5, 2026, to shareholders of record as of 5 p.m. Eastern time on May 15, 2026.
Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to Mex$5,096. The fair value is estimated to be Mex$6,403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
お知らせ • Apr 11Constellation Energy Corporation to Report Q1, 2026 Results on May 11, 2026Constellation Energy Corporation announced that they will report Q1, 2026 results on May 11, 2026
お知らせ • Mar 20Constellation Energy Corporation, Annual General Meeting, Apr 28, 2026Constellation Energy Corporation, Annual General Meeting, Apr 28, 2026.
Buy Or Sell Opportunity • Mar 17Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to Mex$5,420. The fair value is estimated to be Mex$4,509, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Declared Dividend • Mar 01Fourth quarter dividend of US$0.43 announcedShareholders will receive a dividend of US$0.43. Ex-date: 9th March 2026 Payment date: 20th March 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 48%.
New Risk • Feb 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 126% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.1% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Buy Or Sell Opportunity • Feb 25Now 27% overvaluedOver the last 90 days, the stock has fallen 13% to Mex$5,602. The fair value is estimated to be Mex$4,408, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
New Risk • Feb 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.1% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (9.1% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Reported Earnings • Feb 25Full year 2025 earnings released: EPS: US$7.41 (vs US$11.90 in FY 2024)Full year 2025 results: EPS: US$7.41 (down from US$11.90 in FY 2024). Revenue: US$25.5b (up 8.3% from FY 2024). Net income: US$2.32b (down 38% from FY 2024). Profit margin: 9.1% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to remain flat.
お知らせ • Feb 25Constellation Energy Corporation Declares Quarterly Dividend, Payable on March 20, 2026Constellation Energy Corporation declared a quarterly dividend of $0.4265 per share on common stock, payable on March 20, 2026, to shareholders of record as of 5 p.m. Eastern time on March 9, 2026.
お知らせ • Feb 18Constellation Energy Corporation to Report Q4, 2025 Results on Feb 24, 2026Constellation Energy Corporation announced that they will report Q4, 2025 results at 12:30 PM, US Eastern Standard Time on Feb 24, 2026
お知らせ • Feb 11Constellation Energy Corporation Announces Appointment of Alan Armstrong to Board Committees, Effective February 10, 2026Constellation Energy Corporation reported the election of Alan Armstrong to the Board of Directors, effective January 1, 2026. On February 10, 2026, Alan Armstrong was appointed to serve on the Compensation Committee and the Nuclear Oversight Committee.
New Risk • Jan 20New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 5.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.1% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).
New Risk • Jan 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding).
お知らせ • Jan 07U.S. Nuclear Regulatory Commission Greenlights Constellation’S $167 Million Digital Modernization Plan for Limerick Clean Energy Center; State-Of-The-Art Technology Upgrades Will Enhance Reliability, Diagnostic Capability and Cyber ResilienceConstellation announced the U.S. Nuclear Regulatory Commission (NRC) has approved a License Amendment Request for the Limerick Clean Energy Center’s Digital Modernization Project, a first-of-its-kind upgrade across major control and protection systems that will enhance reliability, diagnostic capability and cyber resilience at one of the nation’s top-rated nuclear facilities. This approval comes at a critical time as Constellation works to preserve and expand nuclear generation in Pennsylvania. The Digital Modernization Project replaces select analog instrumentation and control equipment with state-of-the-art digital platforms designed to improve equipment monitoring, provide a broader range of automation and support additional operational flexibility with enhanced reliability. These upgrades will help Limerick deliver around-the-clock, carbon-free electricity to power homes, businesses and new data-driven industries that are creating jobs in the region. This is the first large-scale demonstration of a digital safety system upgrade at an operating U.S. nuclear plant, supported by the U.S. Department of Energy’s (DOE’s) Light Water Reactor Sustainability Program. The Digital Modernization Project installation will be done in phases and carefully managed to ensure safety and operational continuity. Physical installation of the digital control rooms is planned to occur during upcoming refueling outages. During these scheduled outages, Limerick will welcome thousands of additional skilled craft workers to support the work, providing a boost to the local economy through a surge in spending on lodging, dining and services. Located along the Schuylkill River in Montgomery County, Pennsylvania (about 35 miles northwest of Philadelphia), Limerick’s two nuclear units provide up to 2,317 megawatts of reliable, carbon-free electricity, enough to power more than 1.7 million homes. The station supports local jobs and economic activity, while contributing to regional clean-energy goals.
お知らせ • Dec 17the Nuclear Regulatory Commission Approves 20-Year Initial License Renewal for Constellation's Clinton Clean Energy CenterThe Nuclear Regulatory Commission (NRC) has approved a 20-year initial license renewal for Constellation's Clinton Clean Energy Center and a 20-year subsequent license renewal for its Dresden Clean Energy Center, following a rigorous review of maintenance activities, plant equipment and safety systems at the two Illinois facilities. The approvals allow Clinton to operate through 2047 and the Dresden reactors to operate through 2049 and 2051. Constellation, the nation's largest operator of clean, reliable nuclear power, is investing more than $370 million to relicense the plants, installing upgrades to increase efficiency and ensure safety and reliability for decades to come. At Clinton, two new auxiliary transformers and two advanced equipment chillers are delivering higher system reliability, while upgrades to the plant's condensate polisher system offer greater protection from component degradation. At Dresden, operators are now using next-generation feedwater level control technology to enhance reactor safety, while a new main power transformer purchased for the plant will deliver electrical system monitoring and control. With these and other upgrades in place, Clinton and Dresden continue to operate at higher levels of safety, reliability and efficiency than the day they came online. While these license renewals give Constellation the regulatory approval needed to operate Clinton and Dresden for another two decades, actual operation is contingent on each plant's financial viability. At Clinton, the facility's carbon-free energy is secure as a result of the 20-year agreement with Meta announced in August. The deal supports the continued operation, expansion and relicensing of the 1,121-megawatt Clinton facility following the expiration of the state's Zero Emission Credit (ZEC) program in May 2027.
お知らせ • Nov 21+ 1 more updateConstellation Energy Corporation Announces Executive Changes Ahead of Calpine Deal ClosingConstellation Energy Corporation announced on November 21, 2025, a series of senior leadership appointments as the company prepares to complete its transaction with Calpine. The leadership changes take effect upon completion of Constellation’s deal with Calpine, which is expected to close in the fourth quarter of 2025, subject to clearance by the Department of Justice and other customary closing conditions. Kathleen Barrón, Executive Vice President and Chief Strategy and Growth Officer, has announced she will retire after 30 years in the energy industry. Following ten years in private legal practice and five years in the federal government, Barrón joined Constellation’s predecessor company in 2010 and held numerous senior leadership roles over the past 15 years, including leading the government and regulatory affairs and public policy function, where she was responsible for many favorable outcomes in federal and state energy and environmental policy matters as well as wholesale market design advocacy. Because of her unique role, Barrón’s responsibilities will be dividend among other senior leaders upon closing of the Calpine transaction. She has agreed to remain on the Constellation senior leadership team as an advisor to the CEO through the first half of 2026 to ensure a seamless transition. Dan Eggers, Executive Vice President and Chief Financial Officer, has been promoted to Senior Executive Vice President, Finance and Data Economy, reporting to Joe Dominguez, President and CEO. In his new role, Eggers will expand his Finance responsibilities to lead Constellation’s Data Economy business. Shane Smith, Senior Vice President, Treasury and Credit, has been promoted to Executive Vice President and Chief Financial Officer, reporting to Eggers. David Dardis, Executive Vice President and Chief Legal and Policy Officer, also was promoted to Senior Executive Vice President, Chief External Affairs and Growth Officer, reporting to Dominguez. In his new role, Dardis will lead the company’s new generation development business and grow his remit to include Legal, Policy, Sustainability, Strategy, Corporate Affairs and Public Advocacy. Bryan Hanson, Executive Vice President and Chief Generation Officer, and Jim McHugh, Executive Vice President and Chief Commercial Officer, also were promoted to senior executive vice presidents due to their expanded responsibilities. Andrew Novotny will join Constellation and become Senior Executive Vice President, Constellation Power Operations, and President and CEO of Calpine, and will continue to lead the Calpine business plus Constellation’s fleet of natural gas, hydro, solar and wind generation, reporting to Dominguez. Several other Calpine senior executives will join the Constellation leadership team as well.
お知らせ • Nov 12Constellation Energy Corporation Announces Peter Oppenheimer Intends to Retire from its Board, Effective December 31, 2025On November 9, 2025, Peter Oppenheimer notified the Board of Directors of Constellation Energy Corporation of his intent to retire from the Board. His retirement is effective December 31, 2025.
New Risk • Nov 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: US$2.97 (vs US$3.83 in 3Q 2024)Third quarter 2025 results: EPS: US$2.97 (down from US$3.83 in 3Q 2024). Revenue: US$6.57b (flat on 3Q 2024). Net income: US$930.0m (down 23% from 3Q 2024). Profit margin: 14% (down from 18% in 3Q 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Nov 03Second quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 17th November 2025 Payment date: 5th December 2025 Dividend yield will be 0.3%, which is lower than the industry average of 4.3%.
お知らせ • Oct 30Constellation Energy Corporation Declares Dividend, Payable on December 5, 2025The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on Constellation’s common stock. The dividend is payable on December 5, 2025, to shareholders of record as on November 17, 2025.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$7,432, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 12x in the Electric Utilities industry in South America. Total returns to shareholders of 333% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$5,462 per share.
New Risk • Oct 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 6.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (6.1% average weekly change). High level of non-cash earnings (27% accrual ratio).
お知らせ • Sep 30Constellation Appoints Alan Armstrong to Board of Directors, Effective Jan. 1, 2026Constellation has announced the election of Alan S. Armstrong to its board of directors, effective Jan. 1, 2026. Armstrong is currently executive chairman of the board of directors for Williams, a major U.S. energy infrastructure company that primarily focuses on natural gas gathering, processing and transmission. Armstrong served as the company’s president and CEO for 14 years prior to being named its board chair earlier this year. Prior to being named Williams CEO in 2011, Armstrong led the company’s North American midstream and olefins businesses through a period of growth and expansion as Senior Vice President – Midstream. Previously, he served in a number of operational and commercial roles in various business units at Williams. He joined the company in 1986 as an engineer. A respected industry leader, Armstrong currently serves as chair of the National Petroleum Council and is a founding member of Natural Allies for a Clean Energy Future. He also serves as board member for BOK Financial Corp. Armstrong earned his bachelor’s degree in civil engineering from the University of Oklahoma where he currently serves as chair of The University of Oklahoma Foundation.
Buy Or Sell Opportunity • Sep 10Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to Mex$5,680. The fair value is estimated to be Mex$4,720, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 75%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period.
お知らせ • Sep 04Constellation Energy Corporation Announces Chief Nuclear Officer ChangesConstellation Energy Corporation announced the appointment of Chris Mudrick as the company’s new chief nuclear officer, effective September 29, 2025. Mudrick succeeds Dave Rhoades, who is retiring at the end of the year after serving in the role since 2021. Chris Mudrick has served as senior vice president of generation growth since returning to Constellation last year after serving the previous four years as chief nuclear officer at Bruce Power in Canada. Since rejoining Constellation, he has overseen the Crane Clean Energy Center restart and supported numerous growth and data economy initiatives. Mudrick spent more than 30 years in leadership positions at Constellation prior to joining Bruce Power.
Declared Dividend • Aug 10Second quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th August 2025 Payment date: 5th September 2025 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: US$2.68 (vs US$2.58 in 2Q 2024)Second quarter 2025 results: EPS: US$2.68 (up from US$2.58 in 2Q 2024). Revenue: US$6.10b (up 11% from 2Q 2024). Net income: US$839.0m (up 3.1% from 2Q 2024). Profit margin: 14% (down from 15% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 75% per year whereas the company’s share price has increased by 71% per year.
お知らせ • Aug 06Constellation Energy Corporation Declares Quarterly Dividend, Payable on September 5, 2025The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on Constellation’s common stock. The dividend is payable on Sept. 5, 2025, to shareholders of record as of 5 p.m. Eastern time on Aug. 18, 2025.
お知らせ • Jun 30+ 3 more updatesConstellation Energy Corporation(NasdaqGS:CEG) dropped from Russell 1000 Growth IndexConstellation Energy Corporation(NasdaqGS:CEG) dropped from Russell 1000 Growth Index
お知らせ • Jun 18Constellation Energy Corporation Receives Regulatory Approval from the New York State Public Service CommissionConstellation announced it has received regulatory approval from the New York State Public Service Commission (PSC) for its previously announced acquisition of Calpine Corporation. The approval represents the most recent key step forward in Constellation’s plans to combine the nation’s largest zero-emissions nuclear fleet with Calpine’s premier portfolio of low-emission natural gas and geothermal assets. The deal will establish a coast-to-coast platform capable of supporting growing demand for around-the-clock, sustainable power. Earlier this month, the deal cleared regulatory review with Texas’ Public Utilities Commission. The transaction — expected to close in the fourth quarter of 2025 — now awaits approval from the Federal Energy Regulatory Commission and the Department of Justice, along with other customary closing conditions.
Buy Or Sell Opportunity • May 14Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to Mex$5,450. The fair value is estimated to be Mex$7,050, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has grown by 78%. For the next 3 years, revenue is forecast to decline by 0.7% per annum. Earnings are forecast to grow by 7.0% per annum over the same time period.
New Risk • May 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risk Significant insider selling over the past 3 months (Mex$25m sold).
Declared Dividend • May 04Fourth quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 16th May 2025 Payment date: 6th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 4.3%.
お知らせ • Apr 30Constellation Energy Corporation Declares Quarterly Dividend, Payable on June 6, 2025The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on Constellation’s common stock. The dividend is payable on June 6, 2025, to shareholders of record as of May 16, 2025.
Buy Or Sell Opportunity • Apr 28Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to Mex$4,372. The fair value is estimated to be Mex$3,606, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.7% per annum. Earnings are forecast to grow by 1.9% per annum over the same time period.
Buy Or Sell Opportunity • Apr 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to Mex$3,500. The fair value is estimated to be Mex$4,501, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are forecast to grow by 2.0% per annum over the same time period.
お知らせ • Mar 20Constellation Energy Corporation, Annual General Meeting, Apr 29, 2025Constellation Energy Corporation, Annual General Meeting, Apr 29, 2025.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$5,414, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Electric Utilities industry in South America. Total returns to shareholders of 555% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$4,284 per share.
Recent Insider Transactions • Feb 23Senior VP & Controller recently sold Mex$25m worth of stockOn the 20th of February, Matthew Bauer sold around 4k shares on-market at roughly Mex$6,331 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Declared Dividend • Feb 21Fourth quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 7th March 2025 Payment date: 18th March 2025 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%.
Reported Earnings • Feb 18Full year 2024 earnings released: EPS: US$11.90 (vs US$5.03 in FY 2023)Full year 2024 results: EPS: US$11.90 (up from US$5.03 in FY 2023). Revenue: US$23.6b (down 5.4% from FY 2023). Net income: US$3.75b (up 131% from FY 2023). Profit margin: 16% (up from 6.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 89% per year whereas the company’s share price has increased by 93% per year.
お知らせ • Feb 18Constellation Energy Corporation Declares Quarterly Dividend, Payable on March 18, 2025Constellation Energy Corporation declared a quarterly dividend of $0.3878 per share on common stock, payable on March 18, 2025, to shareholders of record as of 5 p.m. Eastern time on March 7, 2025.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Mex$5,638, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Electric Utilities industry in South America. Total returns to shareholders of 166% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$4,455 per share.
お知らせ • Jan 16New York Joins Constellation in Pursuit of Energy Department Funding for Advanced Nuclear ReactorConstellation commends the State of New York’s newly unveiled policies aimed at expanding the deployment of advanced nuclear energy to reach its goal of providing abundant, clean, reliable and affordable electricity for all New Yorkers. The New York State Energy Research and Development Authority (NYSERDA) has joined Constellation on a grant proposal to the U.S. Department of Energy (DOE) to support the company’s efforts to seek an early site permit from the Nuclear Regulatory Commission for one or more advanced nuclear reactors at the Nine Mile Point Clean Energy Center in Oswego, New York. If granted, the DOE funding would be used to pursue an early site permit at Nine Mile Point. An early site permit from the NRC approves a site for future development of a nuclear power plant. The permit is valid for 10 to 20 years, and the company can apply for a construction and operating license at any time during the permit period.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 35%After last week's 35% share price gain to Mex$6,338, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 8x in the Electric Utilities industry in South America. Total returns to shareholders of 243% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,921 per share.
お知らせ • Jan 10Constellation Energy Reportedly Near $30 Billion Deal to Acquire CalpineConstellation Energy Corporation (NasdaqGS:CEG) is nearing a roughly $30 billion deal to acquire power producer Calpine Corporation, people familiar with the matter said, a move that would significantly expand Constellation's generation assets at a time of rising U.S. power demand. The transaction could be announced as early as January 8, 2025, said the people. Constellation is expected to pay mostly stock, with a small cash component, said one, adding the purchase price would include around $12 billion of Calpine debt which the buyer will absorb. The deliberations are ongoing, the sources said, cautioning that while the talks are advanced, a deal is not guaranteed. Constellation and Calpine did not respond to comment requests. Reuters was first to report in May that the private equity owners of Calpine were considering various options, including a sale of the company, at a valuation of about $30 billion, including debt. If the talks are successful, a takeover of Calpine would rank as the biggest in the U.S. power industry since TXU Corp.'s $45 billion leveraged buyout in 2007. For Constellation, a successful acquisition would add significant gas-fired power generation to its existing mix, which is around 60% nuclear and also includes some gas, renewables and oil, according to its website. It would also broaden Constellation's geographic footprint outside of its traditional focus areas of the northeast and Midwest: Calpine has a dozen power plants in Texas, as well as numerous generation assets on the West Coast. The news comes as the boom in artificial intelligence and data centers is driving power demand higher, making generation assets increasingly attractive to buyers. For investors with long-standing bets on the power industry, the backdrop is allowing them to exit profitably. Calpine was taken private in 2017 by buyout firm Energy Capital Partners, Canadian pension fund CPP Investments and Access Industries for a total of $17 billion, including debt. Both Constellation and Calpine are independent power producers and, unlike regulated utilities, can sell power at market prices, allowing them to profit more when demand rises. U.S. power demand is forecast to hit a record this year, building on an expectation of record demand in 2024, according to the U.S. Energy Information Administration. A government-backed report last month said power demand from data centers was expected to triple in the next three years, and consume as much as 12% of the country's electricity. Bloomberg reported on Constellation's talks with Calpine earlier on January 08, 2025.
お知らせ • Dec 18Constellation Energy Corporation Announces First-Ever Product Allowing Consumers to Power Their Homes with 100% Clean Nuclear EnergyConstellation Energy Corporation announced America’s first-ever product allowing consumers to power their homes with 100% clean nuclear energy, through a new retail pilot program in Washington, D.C. Clean, carbon-free nuclear energy is experiencing a major resurgence, with U.S. public support for nuclear at its highest in a decade, according to recent polls conducted by Pew and Gallup. Both polls found that a majority of Americans support nuclear and recognize it as a safe, reliable, and carbon-free energy source. Now Washingtonians can show their support for carbon-free nuclear energy—and help fight climate change—by purchasing 100% clean nuclear energy to power their homes. Nuclear energy is safe, clean, reliable, and affordable. In fact, the clean nuclear energy offer at 11.99 cents per kilowatt-hour is lower than the local D.C. utility’s current supply rate. By choosing carbon-free nuclear energy, Washingtonians can save money on their energy bills while they help fight climate change. To sign up for nuclear energy, Washington, D.C. residents simply visit here and enter their address and utility bill account number. Participating customers will continue to receive electricity through the existing utility infrastructure. Constellation, through its retail energy supplier subsidiary, will match 100% of these customers’ electricity usage with Emission Free Energy Certificates (EFECs) generated at Constellation’s nuclear-powered clean energy centers in PJM—the regional electricity grid that serves 13 states and Washington, D.C. This approach allows customers to support clean energy without any changes to their current service setup or reliability. Washington, D.C. is the first pilot market for the new residential nuclear program, and Constellation plans to expand the pilot to additional markets in 2025. Nuclear energy is the nation’s largest source of carbon-free electricity, providing nearly 20% of the total electricity supply in the United States and about half of its carbon-free energy. It is a reliable, always-on power source, capable of operating around the clock to meet the nation’s energy needs with zero greenhouse gas emissions. By delivering continuous, clean power, nuclear energy helps stabilize the electric grid and ensures reliability and resiliency, even during extreme weather events. Nuclear also is key to American energy security and independence and provides good-paying, family-sustaining jobs to keep communities strong. As the nation’s largest nuclear energy operator, Constellation’s annual output is nearly 90% carbon-free. Constellation’s award winning nuclear generating facilities achieved capacity factors of 94.4% in 2023. The company’s hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation’s clean energy. Constellation’s clean generation fleet avoids 125 million metric tons of carbon emissions annually, which is equivalent to taking more than 29 million gas-powered cars off the road for one year.
お知らせ • Dec 13Constellation Energy Corporation Announces Board ChangesConstellation announced the appointment of Peter Oppenheimer and Eileen Paterson to the Constellation board of directors, while Laurie Brlas, a long-time independent director, will retire from the company’s board effective December 31, 2024. Oppenheimer and Paterson will join the board effective December 16, 2024. Oppenheimer has served on the board of directors at Goldman Sachs since 2014 and chairs its Audit Committee. He also is the chairman of the Goldman Sachs Bank USA subsidiary board. He previously served as the chief financial officer of Apple from 2004 to 2014. During his leadership at Apple, the company experienced significant growth and profitability while also launching some of the most technology products in recent history, including the iPhone and iPad. Prior to his role at Apple, Oppenheimer was the divisional chief financial officer at ADP, the payment processing company, and a consultant for Coopers & Lybrand, which later became PricewaterhouseCoopers. Former CEO of aerospace and defense manufacturer Aerojet Rocketdyne, Paterson serves on the board of the integrated downstream energy company Marathon Petroleum Corporation, where she is on the Sustainability and Public Policy Committee and Compensation and Organization Development Committee. She also serves on the board of the manufacturer, and service provider of control systems and control system components Woodward, Inc, where she serves as the chair of the Nominating and Governance Committee and is a member of the Human Capital and Compensation Committee. Prior to Aerojet Rocketdyne, Paterson served as president of Pratt & Whitney AeroPower’s auxiliary power unit and small turbojet propulsion business within United Technologies Corporation. She also held leadership roles at Ford Motor Company and Visteon Corporation. Paterson is a U.S. Army veteran and served as an active-duty U.S. Army aviator. Brlas has brought valuable financial and leadership experience, along with a diverse perspective, to Constellation’s board through her 16 years of experience as a chief financial officer at global, capital-intensive companies. She also chaired Constellation’s Audit & Risk Committee since its inception, helping to establish governance as well as oversight of financial performance and emerging risk.
Buy Or Sell Opportunity • Dec 09Now 20% undervaluedOver the last 90 days, the stock has risen 40% to Mex$4,859. The fair value is estimated to be Mex$6,085, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are forecast to grow by 3.0% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$5,424, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Electric Utilities industry in South America. Total returns to shareholders of 155% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,064 per share.
Declared Dividend • Nov 08Third quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 15th November 2024 Payment date: 6th December 2024 Dividend yield will be 0.4%, which is lower than the industry average of 4.3%.
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$3.83 (vs US$2.27 in 3Q 2023)Third quarter 2024 results: EPS: US$3.83 (up from US$2.27 in 3Q 2023). Revenue: US$6.55b (up 7.2% from 3Q 2023). Net income: US$1.20b (up 64% from 3Q 2023). Profit margin: 18% (up from 12% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Electric Utilities industry in South America.
Buy Or Sell Opportunity • Nov 04Now 26% undervaluedOver the last 90 days, the stock has risen 44% to Mex$4,594. The fair value is estimated to be Mex$6,225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to decline by 1.0% per annum. Earnings are forecast to grow by 8.2% per annum over the same time period.
お知らせ • Nov 02Constellation Energy Corporation Declares Dividend, Payable on December 6, 2024The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on December 6, 2024, to shareholders of record as of 5 p.m. Eastern time on November 15, 2024.
お知らせ • Oct 16Constellation Energy Corporation to Report Q3, 2024 Results on Nov 04, 2024Constellation Energy Corporation announced that they will report Q3, 2024 results on Nov 04, 2024
Buy Or Sell Opportunity • Oct 09Now 23% undervaluedOver the last 90 days, the stock has risen 31% to Mex$5,028. The fair value is estimated to be Mex$6,491, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 0.9% per annum. Earnings are also forecast to grow by 7.2% per annum over the same time period.
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 29%After last week's 29% share price gain to Mex$4,876, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 10x in the Electric Utilities industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,214 per share.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to Mex$3,900, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Electric Utilities industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$7,289 per share.
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: US$2.58 (vs US$2.57 in 2Q 2023)Second quarter 2024 results: EPS: US$2.58. Revenue: US$5.48b (flat on 2Q 2023). Net income: US$814.0m (down 2.3% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Electric Utilities industry in South America.
Declared Dividend • Aug 03First quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 12th August 2024 Payment date: 6th September 2024 Dividend yield will be 0.5%, which is lower than the industry average of 4.3%.
お知らせ • Jul 31Constellation Energy Corporation Declares Quarterly Dividend, Payable on September 6, 2024The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on Sept. 6, 2024, to shareholders of record as on Aug. 12, 2024.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: US$2.79 (vs US$0.29 in 1Q 2023)First quarter 2024 results: EPS: US$2.79 (up from US$0.29 in 1Q 2023). Revenue: US$6.16b (down 19% from 1Q 2023). Net income: US$883.0m (up US$787.0m from 1Q 2023). Profit margin: 14% (up from 1.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to grow by 2.5%.
お知らせ • May 02Constellation Energy Corporation Declares Quarterly Dividend, Payable on June 10, 2024The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on June 10, 2024, to shareholders of record as of 5 p.m. Eastern time on May 29, 2024.
お知らせ • Apr 11Constellation Energy Corporation to Report Q1, 2024 Results on May 09, 2024Constellation Energy Corporation announced that they will report Q1, 2024 results on May 09, 2024
Board Change • Apr 05High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 21Constellation Energy Corporation, Annual General Meeting, Apr 30, 2024Constellation Energy Corporation, Annual General Meeting, Apr 30, 2024, at 09:00 Eastern Standard Time. Agenda: To elect four Class II directors nominated by Board of Directors; to consider and act on an advisory vote regarding the approval of compensation paid to named executive officers; to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024; and to transact any other business properly brought before the meeting and any adjournment or postponement thereof.
Declared Dividend • Mar 01Fourth quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 7th March 2024 Payment date: 19th March 2024 Dividend yield will be 0.5%, which is lower than the industry average of 4.3%.
お知らせ • Feb 29Constellation Energy Corporation Provides Earnings Guidance for 2024Constellation Energy Corporation provided earnings guidance for 2024. For the year, company expects EPS guidance range of $7.23 to $8.03 per share.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: US$5.03 (vs US$0.49 loss in FY 2022)Full year 2023 results: EPS: US$5.03 (up from US$0.49 loss in FY 2022). Revenue: US$24.9b (up 2.0% from FY 2022). Net income: US$1.62b (up US$1.78b from FY 2022). Profit margin: 6.5% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to grow by 1.4%.
お知らせ • Feb 29Constellation Energy Corporation Declares Quarterly Dividend, Payable on March 19, 2024Board of Directors of Constellation Energy Corporation has declared a quarterly dividend of $0.3525 per share on common stock. The dividend is payable on March 19, 2024, to shareholders of record as March 8, 2024.
Board Change • Feb 26High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Dec 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. High level of non-cash earnings (51% accrual ratio).
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Mex$2,131, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Electric Utilities industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,246 per share.
Board Change • Nov 07High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 03Constellation Energy Corporation Declares Dividend, Payable on December 8, 2023The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.282 per share on Constellation’s common stock. The dividend is payable on December 8, 2023, to shareholders of record date as on November 17, 2023.
お知らせ • Oct 18Constellation to Play Key Role in $1 Billion Clean Hydrogen Hub Awarded by U.S. Department of EnergyConstellation is a major participant in the MachH2 hydrogen hub recently selected for up to $1 billion by the Department of Energy (DOE) as part of the bipartisan Infrastructure Investment and Jobs Act. Constellation will use a portion of the hub funding to build the world’s largest nuclear-powered clean hydrogen production facility at its LaSalle Clean Energy Center in Illinois. The project will produce an estimated 33,450 tons of clean hydrogen each year and create thousands of good-paying jobs. Constellation estimates its LaSalle clean hydrogen facility will cost about $900 million, with a portion of the MachH2 award offsetting the project’s cost. The Midwest Alliance for Clean Hydrogen (MachH2) is made up of more than 70 public and private entities representing every phase in the hydrogen value chain. The projects are concentrated in Illinois, Indiana and Michigan, with further representation from Kentucky, Missouri, Ohio and Wisconsin. With this award, the hub is poised to unleash billions of dollars in investment, decarbonize heavy industries, create an estimated 13,600 direct jobs and help secure U.S. leadership on clean energy. Constellation’s LaSalle clean hydrogen facility would employ lessons learned from Constellation’s 1 MW demonstration-scale, nuclear-powered clean hydrogen production facility at the Nine Mile Point Clean Energy Center in Oswego, N.Y. Funded in part through a separate DOE grant, the project began full production in March 2023, making it the first nuclear-powered hydrogen facility of its size in the U.S.
Board Change • Sep 27High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Aug 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shares are highly illiquid. High level of non-cash earnings (46% accrual ratio).
お知らせ • Aug 04Constellation Energy Corporation Appoints Dhiaa Jamil to the Board of DirectorsConstellation Energy Corporation announced the election of Dhiaa Jamil to the board of directors effective June 12, 2023, and that he had been appointed to serve on the Nuclear Oversight Committee of the board. Effective August 1, 2023, Mr. Jamil was appointed to serve on the Compensation Committee.
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$2.57 (vs US$0.34 loss in 2Q 2022)Second quarter 2023 results: EPS: US$2.57 (up from US$0.34 loss in 2Q 2022). Revenue: US$5.45b (flat on 2Q 2022). Net income: US$833.0m (up US$944.0m from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to remain flat.
Board Change • Aug 03High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Aug 03Constellation Energy Corporation Declares Dividend, Payable on September 8, 2023The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.282 per share on Constellation’s common stock. The dividend is payable on September 8, 2023, to shareholders of record as on August 14, 2023.
Board Change • Jul 18High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jun 21High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Jun 01Constellation Energy Corporation Appoints Dhiaa M. Jamil to its Board of Directors, Effective June 12, 2023Constellation Energy Corporation announced the election of Dhiaa M. Jamil to its Board of Directors effective June 12, 2023. Jamil currently serves as executive vice president and chief operating officer for Duke Energy. He is responsible for the company’s generating fleet, transmission grid, enterprise-wide project management and construction, environment, health and safety and other related support functions. Jamil will retire June 30, 2023, after more than 40 years with Duke. Prior to his current role, Jamil served as executive vice president of Duke Energy’s regulated generation and as chief nuclear officer from 2008 to 2015, where he oversaw the largest regulated nuclear fleet in the country. During that time, he played a key role in Duke’s 2012 merger with Progress Energy, integrating and transforming a fleet of 12 nuclear units. Earlier in his career, he held various leadership roles of increasing responsibility at the company’s Oconee, McGuire and Catawba nuclear stations, including station manager and site vice president. Throughout his tenure, Jamil has directed virtually every operating function from the fossil fleet and transmission grid to supply chain and construction with 14,000 employees under his scope of responsibility. He recently served on the board of directors for the Nuclear Energy Institute and chairs the UNC Charlotte Energy Production Infrastructure Center (EPIC) Advisory Board. He also serves as a trustee for the Duke Energy Foundation. Jamil is a past board member of Nuclear Electric Insurance Limited (NEIL). He also served on various utilities’ nuclear safety review boards and was a member of the National Nuclear Training Accrediting Board. A Charlotte, North Carolina, resident, Jamil received a Bachelor of Science degree in electrical engineering from the University of North Carolina at Charlotte and completed advanced management programs at both Harvard Business School and the Institute of Nuclear Power Operations.
Board Change • Mar 29High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director John Richardson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
