Constellation Reports Fourth Quarter and Full Year 2023 Results
- Strong financial performance with GAAP Net Loss of ($36) million and Adjusted EBITDA of $1,137 million for Q4 2023.
- GAAP Net Income of $1,623 million and Adjusted EBITDA of $4,025 million for full year 2023.
- Acquired partial ownership in South Texas Project Nuclear Generating Station, expanded renewable energy portfolio, and repurchased shares.
- Issuer credit rating upgraded by S&P, doubled annual per share dividend, and recognized in Just Capital's 'Just 100' annual ranking.
- Received Community Partnership Award and Great Place to Work® certification for workplace excellence.
- Hosted virtual investor and analyst event to discuss business and earnings outlook for 2024.
- Adjusted EBITDA growth driven by favorable market conditions, offset by labor, contracting, and materials costs.
- Continued investments in organic and inorganic growth opportunities while maintaining strong balance sheet.
- Positive customer feedback on nuclear energy's unique value proposition in delivering carbon-free energy.
- None.
Insights
The reported GAAP Net Loss of ($36) million juxtaposed with an Adjusted EBITDA of $1,137 million for Q4 2023 and the full-year figures showing a GAAP Net Income of $1,623 million with an Adjusted EBITDA of $4,025 million, signify a substantial divergence between GAAP and non-GAAP measures. This discrepancy is critical for investors as it reflects non-recurring items or non-cash expenses that could be distorting the true financial performance of the company. The Adjusted EBITDA exceeding guidance indicates operational efficiency and could signal a strong market position, potentially affecting the company's valuation and investor confidence positively.
The expansion of the nuclear fleet and the repowering of wind assets suggest a strategic focus on clean energy, which is increasingly favored by regulations and market trends. The $1 billion share repurchase program completion and the authorization of another $1 billion may be viewed as a shareholder-friendly action, potentially buoying the stock price. However, such buybacks could also raise concerns about the company's optimal use of capital, especially in the context of future growth investments.
The acquisition of a stake in the South Texas Project Nuclear Generating Station and the repowering of wind facilities underscore Constellation's commitment to carbon-free energy production. This strategic move aligns with global trends towards sustainability and may provide a competitive edge in attracting customers, particularly those with green mandates. The recognition as a top producer of carbon-free energy and the lowest rate of carbon dioxide emissions for the tenth consecutive year enhances the company's reputation and may lead to premium pricing and market share gains in the energy sector.
However, the mention of unfavorable labor, contracting and materials costs suggests that the company is not immune to broader economic pressures, which could impact profit margins. Investors must weigh these operational risks against the backdrop of favorable market conditions and portfolio performance.
The upgrade of the issuer credit rating from BBB to BBB+ by Standard & Poor’s reflects an improved risk profile and financial health, which can reduce borrowing costs and enhance investor perception of the company's stability. The doubling of the annual per share dividend could be indicative of strong cash flow generation and management's confidence in the company's financial prospects, potentially making the stock more attractive to income-focused investors.
Recognition by Just Capital and the Great Place to Work® certification may not directly impact financial metrics but could contribute to a positive corporate culture, aiding in talent retention and potentially leading to higher productivity. It's important for stakeholders to consider such non-financial indicators, as they can have indirect implications on long-term profitability and stock performance.
Earnings Release Highlights
-
GAAP Net Loss of
( and Adjusted EBITDA (non-GAAP) of$36) million $1,137 million $1,623 million $4,025 million $3,800 million $4,000 million -
Delivered on our commitments to shareholders:
- Expanded the nation's largest, highly reliable, carbon-free nuclear fleet by acquiring a partial ownership stake in the South Texas Project Nuclear Generating Station
-
Completed our initial
$1 billion $1 billion - Our issuer credit rating was upgraded by Standard & Poor’s (S&P) for the second time since separation, from BBB to BBB+, reflecting our improving financial measures and risk profile
- Doubled the annual per share dividend from the 2022 level
-
Commenced our
$350 million Missouri wind generation facilities
- Recognized by Just Capital in its "Just 100" annual ranking that reflects the performance of America’s largest publicly traded companies based on a variety of key factors
- Ranked the No. 1 producer of carbon-free energy and have the lowest rate of carbon dioxide emissions for the 10th consecutive year amongst our peer group
- Received the Community Partnership Award from The Center for Energy Workforce Development for our work in building a skilled energy workforce that represents the diverse communities we serve
- Earned 2023 Great Place to Work® certification based on positive ratings from our employees on their experience working at Constellation
“We had extremely strong financial and operational performance as our nuclear fleet continued to achieve unmatched reliability, allowing us to deliver carbon-free energy to our customers in all hours of the day under some of the harshest weather conditions in decades,” said Joe Dominguez, president and CEO of Constellation. “Our generation fleet was matched by an industry-leading commercial business serving the most competitive large industrial customers and three-fourths of the Fortune 100 last year, including top names in technology and other industries seeking to drive economic growth with clean energy across our nation. We took a disciplined approach to growing our business in 2023, completing our acquisition of a partial stake in the South Texas Project nuclear plant, repowering our wind assets, taking steps to extend the life of our nuclear plants and investing in new equipment to increase their output. We are delivering our hourly-matched carbon-free energy product to top sustainability leaders, and our results reflect growing acknowledgement by our customers that nuclear energy delivers unique value that can’t be matched anywhere in the marketplace.”
“Our high investment grade balance sheet and the competitive advantage of our integrated generation and commercial business delivered exceptional financial performance in 2023, earning
Investor and Analyst Webcast Information
We will host a virtual investor and analyst event via webcast to highlight Constellation’s business and earnings outlook for 2024 and beyond, scheduled for tomorrow at 8:30 a.m. Eastern Time. The webcast and associated materials can be accessed at https://investors.constellationenergy.com.
Fourth Quarter 2023
Our GAAP Net Loss for the fourth quarter of 2023 was
Adjusted EBITDA (non-GAAP) in the fourth quarter of 2023 primarily reflects:
- Favorable market and portfolio conditions partially offset by unfavorable labor, contracting, and materials, decreased ZEC revenues, decreased capacity revenues, and unfavorable impacts of nuclear outages
Full Year 2023
Our GAAP Net Income for 2023 was
Adjusted EBITDA (non-GAAP) for the full year 2023 primarily reflects:
- Favorable market and portfolio conditions partially offset by unfavorable labor, contracting, and materials, decreased capacity revenues, and unfavorable impacts of nuclear outages
Recent Developments and 2023 Highlights
-
Delivering on Our Capital Allocation Promises: Through our strong free cash flows we delivered on our commitments announced last year to grow the business and return capital to shareholders. We grew our nuclear fleet with our acquisition of an undivided ownership interest in the South Texas Project Nuclear Generating Station, a 2,645-megawatt, dual-unit nuclear plant located about 90 miles southwest of
Houston , for$1.65 billion $1 billion $1 billion $350 million Missouri wind facilities.
-
No. 1 Producer of Carbon-Free Energy: For the 10th consecutive year we are the nation’s largest producer of carbon-free energy and have the lowest rate of carbon dioxide emissions among the 20 largest private, investor-owned power producers in
the United States , according to an independent analysis based on publicly reported 2021 air emissions data. The annual Benchmarking Air Emissions of the 100 Largest Electric Power Producers inthe United States report showed that the next cleanest company among the group of 20 had more than four-and-a-half times the rate of carbon dioxide emissions as Constellation.
- Just Capital "Just 100": Just Capital recognized Constellation in its “Just 100,” an annual ranking that reflects the performance of America’s largest publicly traded companies based on a variety of issues deemed by Americans to be most important in business today. Key factors for selection range from how a company invests in its employees and communities, to how it treats customers and minimizes environmental impact.
- Community Partnership Award: We received the Community Partnership Award from The Center for Energy Workforce Development (CEWD) for our work in building a skilled energy workforce that represents the diverse communities we serve. The award recognizes our multi-faceted efforts to establish lasting and impactful relationships with our local community — including educators, minority facing organizations, workforce development nonprofits and others — to fuel the energy talent pipeline. We also teamed up with CEWD to sponsor its Energy Industry Fundamentals 2.0 program. The interactive, 120-hour curriculum for high school and technical school students aims to provide expanded energy education and career awareness to 500,000 students over the next decade.
-
2023 Great Place to Work Certification: In the third quarter we were Certified™ by Great Place To Work®. The designation is based on how our employees rate their experience working at Constellation. In a survey of about 5,000 of our employees,
81% of those who responded said it is a great place to work – about 24 points higher than the averageU.S. company. Great Place To Work® is acknowledged worldwide as a global benchmark for workplace culture, employee experience and the leadership behaviors proven to deliver strong market performance, employee retention and increased innovation.
-
Nuclear Operations: Our nuclear fleet, including our owned output from the
Salem and South Texas Project (STP) Generating Stations, produced 45,563 gigawatt-hours (GWhs) in the fourth quarter of 2023, compared with 44,436 GWhs in the fourth quarter of 2022. ExcludingSalem and STP, our nuclear plants at ownership achieved a95.1% capacity factor for the fourth quarter of 2023, compared with95.4% for the fourth quarter of 2022. There were 56 planned refueling outage days in the fourth quarter of 2023 and 65 in the fourth quarter of 2022. There were seven non-refueling outage days in the fourth quarter of 2023 and three in the fourth quarter of 2022.
-
Natural Gas, Oil, and Renewables Operations: The dispatch match rate for our gas and hydro fleet was
97.5% in the fourth quarter of 2023, compared with96.1% 1 in the fourth quarter of 2022. Energy capture for the wind and solar fleet was96.3% in the fourth quarter of 2023, compared with96.7% 1 in the fourth quarter of 2022.
GAAP/Adjusted EBITDA (non-GAAP) Reconciliation
Adjusted EBITDA (non-GAAP) for the three and twelve months ended December 31, 2023 and 2022 does not include the following items that were included in our reported GAAP Net Income:
|
Three Months Ended
|
|
Twelve Months Ended
|
||||||||||||
(in millions) |
|
2023 |
|
|
|
2022 |
|
|
|
2023 |
|
|
|
2022 |
|
GAAP Net Income (Loss) Attributable to Common Shareholders |
$ |
(36 |
) |
|
$ |
34 |
|
|
$ |
1,623 |
|
|
$ |
(160 |
) |
Income Tax (Benefit) Expense |
|
158 |
|
|
|
133 |
|
|
|
840 |
|
|
|
(339 |
) |
Depreciation and Amortization |
|
288 |
|
|
|
272 |
|
|
|
1,096 |
|
|
|
1,091 |
|
Interest Expense, Net |
|
139 |
|
|
|
64 |
|
|
|
431 |
|
|
|
251 |
|
Unrealized Loss (Gain) on Fair Value Adjustments |
|
1,002 |
|
|
|
413 |
|
|
|
658 |
|
|
|
1,058 |
|
Asset Impairments |
|
— |
|
|
|
— |
|
|
|
71 |
|
|
|
— |
|
Plant Retirements and Divestitures |
|
— |
|
|
|
(7 |
) |
|
|
(28 |
) |
|
|
(11 |
) |
Decommissioning-Related Activities |
|
(439 |
) |
|
|
(306 |
) |
|
|
(716 |
) |
|
|
820 |
|
Pension & OPEB Non-Service Credits |
|
(14 |
) |
|
|
(31 |
) |
|
|
(54 |
) |
|
|
(116 |
) |
Separation Costs |
|
17 |
|
|
|
41 |
|
|
|
101 |
|
|
|
140 |
|
Acquisition Related Costs |
|
9 |
|
|
|
— |
|
|
|
12 |
|
|
|
— |
|
ERP System Implementation Costs |
|
5 |
|
|
|
6 |
|
|
|
25 |
|
|
|
22 |
|
Change in Environmental Liabilities |
|
15 |
|
|
|
(2 |
) |
|
|
43 |
|
|
|
10 |
|
Prior Merger Commitment |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(50 |
) |
Noncontrolling Interests |
|
(7 |
) |
|
|
(12 |
) |
|
|
(77 |
) |
|
|
(49 |
) |
Adjusted EBITDA (non-GAAP) |
$ |
1,137 |
|
|
$ |
605 |
|
|
$ |
4,025 |
|
|
$ |
2,667 |
|
________
1Prior year dispatch match and energy capture was previously reported as
About Constellation
A Fortune 200 company headquartered in
Non-GAAP Financial Measures
In analyzing and planning for our business, we supplement our use of net income as determined under generally accepted accounting principles in
Cautionary Statements Regarding Forward-Looking Information
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Words such as “could,” “may,” “expects,” “anticipates,” “will,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “predicts,” and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements.
The factors that could cause actual results to differ materially from the forward-looking statements made by Constellation Energy Corporation and Constellation Energy Generation, LLC, (Registrants) include those factors discussed herein, as well as the items discussed in (1) the Registrants' 2023 Annual Report on Form 10-K (to be filed on February 27, 2024) in (a) Part I, ITEM 1A. Risk Factors, (b) Part II, ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part II, ITEM 8. Financial Statements and Supplementary Data: Note 19, Commitments and Contingencies, and (2) other factors discussed in filings with the SEC by the Registrants.
Investors are cautioned not to place undue reliance on these forward-looking statements, whether written or oral, which apply only as of the date of this press release. Neither of the Registrants undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this press release.
Constellation Energy Corporation GAAP Consolidated Statements of Operations and Adjusted EBITDA (non-GAAP) Reconciling Adjustments (unaudited) (in millions, except per share data) |
|||||||||||||||||||
|
Three Months Ended December 31, 2023 |
|
Three Months Ended December 31, 2022 |
||||||||||||||||
|
GAAP (a) |
|
Non-GAAP
|
|
|
|
GAAP (a) |
|
Non-GAAP
|
|
|
||||||||
Operating revenues |
$ |
5,796 |
|
|
$ |
(84 |
) |
|
(b),(c) |
|
$ |
7,333 |
|
|
$ |
(713 |
) |
|
(b),(c) |
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Purchased power and fuel |
|
4,018 |
|
|
|
(898 |
) |
|
(b) |
|
|
5,708 |
|
|
|
(1,125 |
) |
|
(b) |
Operating and maintenance |
|
1,422 |
|
|
|
(83 |
) |
|
(c),(d),(f),(l),(n) |
|
|
1,375 |
|
|
|
(86 |
) |
|
(c),(d),(f),(g),(l) |
Depreciation and amortization |
|
288 |
|
|
|
(288 |
) |
|
(h) |
|
|
272 |
|
|
|
(272 |
) |
|
(h) |
Taxes other than income taxes |
|
134 |
|
|
|
— |
|
|
|
|
|
138 |
|
|
|
— |
|
|
|
Total operating expenses |
|
5,862 |
|
|
|
|
|
|
|
7,493 |
|
|
|
|
|
||||
Gain (loss) on sales of assets and businesses |
|
(1 |
) |
|
|
— |
|
|
|
|
|
(12 |
) |
|
|
— |
|
|
|
Operating income (loss) |
|
(67 |
) |
|
|
|
|
|
|
(172 |
) |
|
|
|
|
||||
Other income and (deductions) |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Interest expense, net |
|
(139 |
) |
|
|
139 |
|
|
(i) |
|
|
(64 |
) |
|
|
64 |
|
|
(i) |
Other, net |
|
349 |
|
|
|
(326 |
) |
|
(b),(c),(e),(m) |
|
|
383 |
|
|
|
(367 |
) |
|
(b),(c),(d),(e),(f),(g),(j),(m) |
Total other income and (deductions) |
|
210 |
|
|
|
|
|
|
|
319 |
|
|
|
|
|
||||
Income (loss) before income taxes |
|
143 |
|
|
|
|
|
|
|
147 |
|
|
|
|
|
||||
Income tax (benefit) expense |
|
182 |
|
|
|
(182 |
) |
|
(j) |
|
|
116 |
|
|
|
(116 |
) |
|
(j) |
Equity in income (losses) of unconsolidated affiliates |
|
— |
|
|
|
— |
|
|
|
|
|
(4 |
) |
|
|
— |
|
|
|
Net income (loss) |
|
(39 |
) |
|
|
|
|
|
|
27 |
|
|
|
|
|
||||
Net income (loss) attributable to noncontrolling interests |
|
(3 |
) |
|
|
7 |
|
|
(k) |
|
|
(7 |
) |
|
|
12 |
|
|
(k) |
Net income (loss) attributable to common shareholders |
$ |
(36 |
) |
|
|
|
|
|
$ |
34 |
|
|
|
|
|
||||
Effective tax rate |
|
127.3 |
% |
|
|
|
|
|
|
78.9 |
% |
|
|
|
|
||||
Earnings per average common share |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Basic |
$ |
(0.11 |
) |
|
|
|
|
|
$ |
0.10 |
|
|
|
|
|
||||
Diluted |
$ |
(0.11 |
) |
|
|
|
|
|
$ |
0.10 |
|
|
|
|
|
||||
Average common shares outstanding |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Basic |
|
320 |
|
|
|
|
|
|
|
328 |
|
|
|
|
|
||||
Diluted |
|
321 |
|
|
|
|
|
|
|
329 |
|
|
|
|
|
||||
| __________ | ||
| (a) | Results reported in accordance with GAAP. |
|
| (b) | Adjustment for mark-to-market on economic hedges and fair value adjustments related to gas imbalances and equity investments. |
|
| (c) | Adjustment for all gains and losses associated with NDTs, ARO accretion, ARO remeasurement, and any earnings neutral impacts of contractual offset for Regulatory Agreement Units. |
|
| (d) | Adjustment for certain incremental costs related to the separation (system-related costs, third-party costs paid to advisors, consultants, lawyers, and other experts assisting in the separation), including a portion of the amounts billed to us pursuant to the TSA. |
|
| (e) | Adjustment for Pension and Other Postretirement Employee Benefits (OPEB) Non-Service credits. |
|
| (f) | Adjustment for costs related to a multi-year ERP system implementation. |
|
| (g) | Adjustments related to plant retirements and divestitures. |
|
| (h) | Adjustment for depreciation and amortization expense. |
|
| (i) | Adjustment for interest expense. |
|
| (j) | Adjustment for income taxes. |
|
| (k) | Adjustment for elimination of the noncontrolling interest related to certain adjustments. |
|
| (l) | Adjustment for certain changes in environmental liabilities. |
|
| (m) | Adjustment includes amounts contractually owed to Exelon under the TMA. |
|
| (n) | Adjustment for acquisition related costs. |
|
Constellation Energy Corporation GAAP Consolidated Statements of Operations and Adjusted EBITDA (non-GAAP) Reconciling Adjustments (unaudited) (in millions, except per share data) |
|||||||||||||||||||
|
Twelve Months Ended December 31, 2023 |
|
Twelve Months Ended December 31, 2022 |
||||||||||||||||
|
GAAP (a) |
|
Non-GAAP
|
|
|
|
GAAP (a) |
|
Non-GAAP
|
|
|
||||||||
Operating revenues |
$ |
24,918 |
|
|
$ |
(1,404 |
) |
|
(b),(c) |
|
$ |
24,440 |
|
|
$ |
1,184 |
|
|
(b),(c) |
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Purchased power and fuel |
|
16,001 |
|
|
|
(2,365 |
) |
|
(b) |
|
|
17,462 |
|
|
|
138 |
|
|
(b) |
Operating and maintenance |
|
5,685 |
|
|
|
(343 |
) |
|
(c),(d),(f),(l),(o),(p) |
|
|
4,841 |
|
|
|
(28 |
) |
|
(c),(d),(e),(f),(g),(l),(n) |
Depreciation and amortization |
|
1,096 |
|
|
|
(1,096 |
) |
|
(h) |
|
|
1,091 |
|
|
|
(1,091 |
) |
|
(h) |
Taxes other than income taxes |
|
553 |
|
|
|
— |
|
|
|
|
|
552 |
|
|
|
(2 |
) |
|
(d) |
Total operating expenses |
|
23,335 |
|
|
|
|
|
|
|
23,946 |
|
|
|
|
|
||||
Gain (loss) on sales of assets and businesses |
|
27 |
|
|
|
(27 |
) |
|
(g) |
|
|
1 |
|
|
|
1 |
|
|
(g) |
Operating income (loss) |
|
1,610 |
|
|
|
|
|
|
|
495 |
|
|
|
|
|
||||
Other income and (deductions) |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Interest expense, net |
|
(431 |
) |
|
|
431 |
|
|
(i) |
|
|
(251 |
) |
|
|
251 |
|
|
(i) |
Other, net |
|
1,268 |
|
|
|
1,184 |
|
|
(b),(c),(e),(m) |
|
|
(786 |
) |
|
|
845 |
|
|
(b),(c),(d),(e),(g),(j),(m) |
Total other income and (deductions) |
|
837 |
|
|
|
|
|
|
|
(1,037 |
) |
|
|
|
|
||||
Income (loss) before income taxes |
|
2,447 |
|
|
|
|
|
|
|
(542 |
) |
|
|
|
|
||||
Income tax (benefit) expense |
|
859 |
|
|
|
(859 |
) |
|
(j) |
|
|
(388 |
) |
|
|
388 |
|
|
(j) |
Equity in income (losses) of unconsolidated affiliates |
|
(11 |
) |
|
|
— |
|
|
|
|
|
(13 |
) |
|
|
— |
|
|
|
Net income (loss) |
|
1,577 |
|
|
|
|
|
|
|
(167 |
) |
|
|
|
|
||||
Net income (loss) attributable to noncontrolling interests |
|
(46 |
) |
|
|
77 |
|
|
(k) |
|
|
(7 |
) |
|
|
49 |
|
|
(k) |
Net income (loss) attributable to common shareholders |
$ |
1,623 |
|
|
|
|
|
|
$ |
(160 |
) |
|
|
|
|
||||
Effective tax rate |
|
35.1 |
% |
|
|
|
|
|
|
71.6 |
% |
|
|
|
|
||||
Earnings per average common share |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Basic |
$ |
5.02 |
|
|
|
|
|
|
$ |
(0.49 |
) |
|
|
|
|
||||
Diluted |
$ |
5.01 |
|
|
|
|
|
|
$ |
(0.49 |
) |
|
|
|
|
||||
Average common shares outstanding |
|
|
|
|
|
|
|
|
|
|
|
||||||||
Basic |
|
323 |
|
|
|
|
|
|
|
328 |
|
|
|
|
|
||||
Diluted |
|
324 |
|
|
|
|
|
|
|
329 |
|
|
|
|
|
||||
| __________ | ||
| (a) | Results reported in accordance with GAAP. |
|
| (b) | Adjustment for mark-to-market on economic hedges and fair value adjustments related to gas imbalances and equity investments. |
|
| (c) | Adjustment for all gains and losses associated with NDTs, ARO accretion, ARO remeasurement, and any earnings neutral impacts of contractual offset for Regulatory Agreement Units. |
|
| (d) | Adjustment for certain incremental costs related to the separation (system-related costs, third-party costs paid to advisors, consultants, lawyers, and other experts assisting in the separation), including a portion of the amounts billed to us pursuant to the TSA. |
|
| (e) | Adjustment for Pension and OPEB Non-Service credits. |
|
| (f) | Adjustment for costs related to a multi-year ERP system implementation |
|
| (g) | Adjustments related to plant retirements and divestitures. |
|
| (h) | Adjustment for depreciation and amortization expense. |
|
| (i) | Adjustment for interest expense. |
|
| (j) | Adjustment for income taxes. |
|
| (k) | Adjustment for elimination of the noncontrolling interest related to certain adjustments. |
|
| (l) | Adjustment for certain changes in environmental liabilities. |
|
| (m) | Adjustment includes amounts contractually owed to Exelon under the tax matters agreement. |
|
| (n) | Reversal of a charge related to a prior 2012 merger commitment. |
|
| (o) | Adjustment for an asset impairment. |
|
| (p) | Adjustment for acquisition related costs. |
|
View source version on businesswire.com: https://www.businesswire.com/news/home/20240226437222/en/
Emily Duncan
Investor Relations
833-447-2783
investorrelations@constellation.com
Paul Adams
Corporate Communications
667-218-7700
paul.adams@constellation.com
Source: Constellation Energy Corporation
FAQ
What were Constellation Energy Corporation's financial results for Q4 2023?
What were Constellation Energy Corporation's financial results for full year 2023?
What acquisitions did Constellation Energy Corporation make in 2023?
Did Constellation Energy Corporation increase its dividends in 2023?
What recognition did Constellation Energy Corporation receive in 2023 for its workplace culture?
