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Constellation Energy Corporation - CEG STOCK NEWS

Welcome to our dedicated news page for Constellation Energy Corporation (Ticker: CEG), a resource for investors and traders seeking the latest updates and insights on Constellation Energy Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Constellation Energy Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Constellation Energy Corporation's position in the market.

News
Constellation Seeks License to Operate Dresden Clean Energy Center for an Additional 20 Years
Rhea-AI Summary
Constellation, the nation's largest producer of reliable, carbon-free energy, seeks to extend the license of its Dresden Clean Energy Center for an additional 20 years. This renewal application with the NRC aims to provide Illinois with 305 terawatt hours of additional carbon-free electricity, surpassing the output of all wind and solar facilities in the state. The facility, currently licensed through 2029 and 2031, plays a important role in addressing the climate crisis and supporting the regional economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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Moody’s Upgrades Constellation’s Credit Rating as Policy Support and Growing Demand for Clean Energy Fuel Strong Financial Performance
Rhea-AI Summary
Constellation's credit rating upgraded by Moody's to Baa1 with a stable outlook due to improved debt coverage metrics and strong financial performance driven by climate policies recognizing nuclear energy as a clean resource. The company, a leading carbon-free energy producer in the U.S., has exceeded financial expectations since becoming independent. Moody's upgrade follows similar actions by S&P Global Ratings post-separation from Exelon Corp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
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Constellation Offers Nation’s First Corporate Green Bond for Nuclear Energy
Rhea-AI Summary
Constellation, the largest carbon-free energy producer in the US, issued a $900 million green bond for nuclear energy projects. The bond aims to finance clean, reliable nuclear power generation to reduce carbon emissions and promote environmental benefits. The market response reflects the growing recognition of nuclear energy's value for sustainability and long-term investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.01%
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none
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Constellation Ranks 9th on Barron’s List of the 100 Most Sustainable U.S. Companies
Rhea-AI Summary
Constellation (CEG) ranks ninth in Barron's annual '100 Most Sustainable Companies' list, scoring as the top energy company. With a focus on clean energy production, diversity, and community impact, Constellation continues to lead in carbon-free energy generation and workforce development initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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Constellation Forecasts Strong Earnings Growth in 2024 and Beyond as Demand and Support for Clean Energy Builds
Rhea-AI Summary
Constellation, the nation's largest producer of carbon-free energy, announces strong financial outlook and dividend growth, targeting long-term base EPS growth of at least 10% through the decade. The company aims to capitalize on the growing demand for clean and reliable nuclear energy, backed by the nuclear production tax credit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.92%
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earnings
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Constellation Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Constellation Energy Corporation (CEG) reported strong financial results for Q4 2023 and full year 2023, with a GAAP Net Loss of ($36) million and Adjusted EBITDA of $1,137 million for Q4, and GAAP Net Income of $1,623 million and Adjusted EBITDA of $4,025 million for the full year. The company expanded its nuclear fleet, repurchased shares, increased dividends, and received credit rating upgrades. They were recognized for carbon-free energy production, community partnerships, and workplace excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.92%
Tags
earnings
News
AtmosZero Closes $21 Million in Series A, Moves Full Steam Ahead Toward Electrifying the Boiler Room
Rhea-AI Summary
AtmosZero secures $21 million in Series A funding led by Engine Ventures and 2150 to accelerate commercialization of its Boiler 2.0 technology. Constellation Technology Ventures also participated in the round. The company aims to decarbonize industrial steam generation by extracting heat from the air, reducing global emissions from fossil-fueled boilers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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Constellation Seeks License Renewal of Clinton Clean Energy Center for Additional 20 Years
Rhea-AI Summary
Constellation, the nation’s largest producer of carbon-free energy, files a license renewal application with the Nuclear Regulatory Commission for its Clinton Clean Energy Center in Illinois. The renewal would enable the plant to generate enough carbon-free electricity to power 800,000 homes through 2047, supporting the regional economy and addressing the climate crisis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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Constellation Increases Charitable Giving by 50%, Eclipses 100,000 Employee Volunteer Hours in 2023
Rhea-AI Summary
Constellation (Nasdaq: CEG) reported a significant increase in philanthropic giving, with a total of $18.7 million contributed in 2023 to support over 4,400 charities. This marks a 50% increase from the previous year, showcasing the company's commitment to corporate social responsibility. The Corporate and Foundation giving totaled $13.6 million, while employees contributed the remaining $5.1 million. Additionally, employees volunteered over 102,000 service hours for community causes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
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News
Robert Denton Elected as Chairman of the Board of Trustees
Rhea-AI Summary
COPT Defense Properties (NYSE: CDP) announced the election of Robert L. Denton, Sr. as Chairman of the Board, effective January 1, 2024, following the resignation of Thomas F. Brady. Mr. Brady remains on the board. The announcement was made by the Company's President and CEO, Stephen E. Budorick, who expressed gratitude to Mr. Brady for his decade-long service and welcomed Mr. Denton as the new Chairman, highlighting his extensive experience in real estate and finance. Mr. Denton has been a Member of the Company’s Board since May 1999, with a background in real estate, finance, and management consulting, having retired from The Shidler Group in 2013. Mr. Brady, who had been Chairman of the Company’s Board since May 2013, has nearly 40 years of business experience, including working with public and private companies, and had previously served as the Chairman of the Board of Directors of Baltimore Gas & Electric Company and Executive Vice President-Corporate Strategy at Constellation Energy Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
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Constellation Energy Corporation

Nasdaq:CEG

CEG Rankings

#209 Ranked by Market Cap
#1007 Ranked by Stock Gains
#1918 Ranked by Dividends

CEG Stock Data

60.40B
315.79M
0.23%
87.48%
1.47%
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About CEG

Constellation Energy Corp. engages in the generation, supply, and marketing of clean energy electricity, and renewable energy products and solutions.