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Constellation Energy Corporation - CEG STOCK NEWS

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

Constellation Energy Corporation Common Stock (symbol: CEG) is a leading company in the energy sector, specializing in the generation, supply, and marketing of clean energy and renewable energy products. The company is dedicated to providing sustainable energy solutions to a diverse range of clients including homes, businesses, public sector entities, community aggregations, and wholesale customers such as municipalities and cooperatives.

Core Business

Constellation Energy Corp focuses on delivering clean energy and comprehensive energy solutions. They offer a variety of pricing options for electric, natural gas, and renewable energy products tailored to meet the needs of companies of all sizes. Their services aim to promote sustainability and reduce the carbon footprint of their clients.

Recent Achievements

Constellation Energy Corp has made significant strides in the renewable energy market. They continue to expand their portfolio of clean energy projects and have formed strategic partnerships to enhance the reach and impact of their solutions.

Current Projects

The company is actively involved in several innovative projects aimed at increasing the availability and efficiency of renewable energy sources. These projects include the development of advanced solar and wind power facilities, as well as cutting-edge energy storage solutions.

Financial Condition

Constellation Energy Corp maintains a robust financial condition, underpinned by steady revenue growth and sound financial management. Their commitment to innovation and sustainability continues to attract investments and foster long-term growth.

News

Constellation Seeks License Renewal of Clinton Clean Energy Center for Additional 20 Years

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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.
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Constellation Increases Charitable Giving by 50%, Eclipses 100,000 Employee Volunteer Hours in 2023

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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.
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Robert Denton Elected as Chairman of the Board of Trustees

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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.
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Constellation Joins Climate Leaders at COP28; Signs Industry Pledge to Triple Nuclear Energy by 2050

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Constellation (CEG) joins global nuclear industry in pledging to triple zero-carbon nuclear energy by 2050 at COP28 climate summit in Dubai
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Center for Energy Workforce Development Recognizes Constellation with Community Partnership Award

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Constellation (CEG) Receives Community Partnership Award for Building Diverse Clean-Energy Workforce
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Constellation Remains No. 1 Producer of Carbon-Free Energy, New Report Confirms

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Constellation (Nasdaq: CEG) Reports 10th Consecutive Year as Largest Producer of Clean Energy and Lowest Carbon Dioxide Emissions Among Top 20 Power Producers in the US
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Constellation Awards $500,000 to Clean Energy, Community-based Student Projects Through Energy to Educate Program

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Constellation (Nasdaq: CEG) Awards Over $500,000 in Energy to Educate Grants, Supporting STEM Education and Clean Energy Transition
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Constellation Reports Third Quarter 2023 Results

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Constellation Energy Corporation (Nasdaq: CEG) reported strong financial results for Q3 2023, with GAAP net income of $731 million and adjusted EBITDA of nearly $1.2 billion. They have raised their guidance range for full-year 2023 adjusted EBITDA to $3,800 million to $4,000 million. The company has expanded its carbon-free nuclear fleet, repurchased $250 million of shares, and achieved a major milestone in building the world's largest nuclear-powered hydrogen production facility.
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Constellation Energy Corporation Declares Dividend

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Constellation Energy Corporation (Nasdaq: CEG) has declared a quarterly dividend of $0.282 per share on its common stock. The dividend will be payable on Dec. 8, 2023, to shareholders of record as of Nov. 17, 2023.
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Constellation Completes Acquisition of Ownership Stake in Texas Nuclear Plant

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Constellation, the operator of the largest fleet of carbon-free nuclear plants in the US, has acquired NRG Energy's 44% stake in the South Texas Project Electric Generating Station, a 2,645-megawatt nuclear plant.
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FAQ

What is the current stock price of Constellation Energy Corporation (CEG)?

The current stock price of Constellation Energy Corporation (CEG) is $226.945 as of December 20, 2024.

What is the market cap of Constellation Energy Corporation (CEG)?

The market cap of Constellation Energy Corporation (CEG) is approximately 69.4B.

What does Constellation Energy Corporation do?

Constellation Energy Corporation generates, supplies, and markets clean and renewable energy products and solutions.

Who are the main customers of Constellation Energy Corp?

The company's main customers include homes, businesses, public sector entities, community aggregations, and wholesale customers such as municipalities and cooperatives.

What types of energy products does Constellation Energy Corp offer?

Constellation Energy Corp offers electric, natural gas, and renewable energy products with various pricing options.

What are some recent achievements of Constellation Energy Corp?

The company has expanded its renewable energy portfolio and formed strategic partnerships to enhance its solutions.

What current projects is Constellation Energy Corp involved in?

The company is working on projects related to solar and wind power facilities as well as advanced energy storage solutions.

How is Constellation Energy Corp contributing to sustainability?

By providing clean energy solutions and reducing the carbon footprint of their clients, the company promotes sustainability.

What is the financial condition of Constellation Energy Corp?

Constellation Energy Corp has a strong financial condition with steady revenue growth and sound financial management.

Does Constellation Energy Corp offer services to small businesses?

Yes, the company offers energy solutions and products tailored to companies of all sizes, including small businesses.

How does Constellation Energy Corp ensure the efficiency of their renewable energy sources?

Through innovative projects and advanced technology, the company works to increase the efficiency and availability of renewable energy sources.

What makes Constellation Energy Corp a leader in the energy sector?

Their focus on clean and renewable energy, comprehensive solutions, and strong financial performance makes them a leader in the energy sector.

Stock CEG logo
Constellation Energy Corporation

Nasdaq:CEG

CEG Rankings

#192 Ranked by Market Cap
#1971 Ranked by Dividends

CEG Stock Data

69.44B
312.04M
0.23%
84.82%
1.72%
Utilities - Renewable
Electric Services
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United States of America
BALTIMORE