Centrus Energy Stock Price, News & Analysis

Centrus Energy (NYSE American: LEU) has successfully priced an oversubscribed and upsized private offering of $700 million in Zero-Coupon Convertible Senior Notes due 2032. The offering, initially announced at $650 million, was increased due to strong demand. The notes will have an initial conversion rate of 4.3551 shares per $1,000 principal amount, equivalent to a conversion price of $229.62 per share, representing a 22.5% premium.

The notes will mature on August 15, 2032, with Centrus expecting to receive approximately $680 million in net proceeds (or $782.1 million if the initial purchasers exercise their additional purchase option). The company plans to use the proceeds for general corporate purposes. The notes were offered exclusively to qualified institutional buyers under Rule 144A.

Centrus Energy (NYSE American: LEU) has announced plans to offer $650 million in Convertible Senior Notes due 2032 through a private offering to qualified institutional buyers. The company will grant initial purchasers an option to buy an additional $100 million in notes within 13 days of issuance.

The notes will bear semiannual interest payments starting February 15, 2026, and will mature on August 15, 2032. Upon conversion, Centrus will pay cash up to the principal amount and may settle the remainder in cash, Class A common stock, or a combination thereof. The proceeds will be used for general corporate purposes.

Centrus Energy (NYSE American: LEU) has announced the appointment of Todd Tinelli as Senior Vice President, Chief Financial Officer (CFO), and Treasurer, effective August 11, 2025. Tinelli brings over 20 years of energy industry experience and will replace Kevin Harrill, who is resigning after a successful four-year tenure.

Harrill will remain with the company through August 29, 2025 to ensure a smooth transition. Under his leadership, Centrus strengthened its balance sheet, accelerated manufacturing capabilities, and implemented efficiency-gaining controls. Tinelli will oversee financial operations and capital allocation activities, focusing on supporting the company's expansion plans for uranium enrichment capacity in Ohio.

Centrus Energy (NYSE American: LEU) reported strong Q2 2025 financial results with net income of $28.9 million on revenue of $154.5 million. The company achieved a significant milestone by completing Phase 2 of its HALEU Operation Contract, successfully delivering 900 kilograms of HALEU to the Department of Energy.

The DOE exercised Option 1a of Phase 3, valued at approximately $110.0 million through June 30, 2026. The company's backlog stands at $3.6 billion, extending to 2040, with $2.7 billion in the LEU segment and $0.9 billion in Technical Solutions. Centrus strengthened its balance sheet by raising $114.0 million through an at-the-market equity offering.

Centrus Energy (NYSE American: LEU) has scheduled its second quarter 2025 earnings conference call for August 6, 2025, at 8:30 a.m. ET. The company will release its Q2 2025 financial results after market close on August 5, 2025.

Shareholders and financial community members can access the webcast through the Investor Relations section of CentrusEnergy.com. The webcast replay will remain available until August 19, 2025.

Centrus Energy (NYSE American: LEU) announced its participation in two upcoming investor conferences in July 2025. Management will join a virtual fireside chat with William Blair on July 8 at 11:00 AM ET, followed by another virtual fireside chat at the H.C. Wainwright Powering the Future: Advancing Innovation through Nuclear virtual conference on July 15 at 10:30 AM ET.

Investors interested in one-on-one meetings with management can arrange them through their William Blair or H.C. Wainwright representatives.

Centrus Energy (NYSE American: LEU) has successfully produced and delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, achieving a key milestone in Phase II of their contract. The company has produced over 920 kilograms of HALEU to date.

As the only HALEU enrichment source in the Western world, Centrus recently secured a contract extension through June 30, 2026 for Phase III, with options for up to eight additional years of production. The company completed Phase I in 2023 with an initial 20-kilogram delivery after bringing its advanced centrifuge cascade into production in Piketon, Ohio.

Centrus Energy (NYSE: LEU) has secured a contract extension from the U.S. Department of Energy worth approximately $110 million to continue producing High-Assay, Low-Enriched Uranium (HALEU) through June 30, 2026. The extension is part of a broader partnership initiated in 2019 to restore America's uranium enrichment capabilities. Centrus completed Phase I in late 2023 by delivering 20kg of HALEU, and Phase II required producing 900kg by June 2025. The DOE has restructured the Phase III extension periods, with options for up to eight additional years of production beyond 2026. The HALEU produced under this contract belongs to the DOE and will be used to advance national priorities, including the demonstration and commercialization of HALEU-fueled advanced reactors.

Centrus Energy Corp. (NYSE American: LEU) has announced its participation in several upcoming investor events in June 2025. The schedule includes:

• June 3: One-on-one meetings at Stifel's Boston Cross Sector Conference
• June 4: Presentation and Q&A session at William Blair Growth Stock Conference in Chicago
• June 6: Virtual fireside chat with Evercore
• June 23-26: Non-deal roadshow with Morgan Stanley in New York and Toronto
• June 24-25: One-on-one meetings and fireside chat at JPMorgan's Energy Conference in New York