Citi Reiterates Neutral Rating on Constellation Energy (CEG)

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Constellation Energy (CEG) PT Lowered to $234 at Jefferies

November 6, 2024 6:00 AM EST

Jefferies analyst Paul Zimbardo lowered the price target on Constellation Energy (NASDAQ: CEG) to $234.00 (from $256.00) while maintaining a Hold rating.

The analyst comments "The unexpected FERC decision last Friday does not change the overall thesis, but it does somewhat chill the unbridled... More

Constellation seeks data centers at power plants despite regulatory setback

November 4, 2024 12:25 PM EST

NEW YORK (Reuters) -Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S. power plants, days after federal regulators dealt a blow to the so-called co-located arrangements, company executives said on Monday.

The Federal Energy Regulatory Commission on Friday rejected an agreement to increase the power capacity of an Amazon data center connected directly to Talen Energy's nuclear power plant in Pennsylvania in a decision seen as chilling similar deals.

Constellation said it is seeking guidance from regulators after FERC's decision about co-location, which had become a promising... More

Talen Energy (TLN), Constellation Energy (CEG), Others Lower After FERC Order Rejecting Susquehanna ISA

November 4, 2024 7:21 AM EST

Talen Energy (NASDAQ: TLN), Constellation Energy (NASDAQ: CEG), Others Lower After FERC Order Rejecting Susquehanna ISA

Related stocks:

Constellation Energy Group, Inc. (NASDAQ: CEG)Oklo Inc (NYSE: OKLO)NANO Nuclear Energy (NASDAQ: NNE)NuScale Power Corporation (NYSE: SMR)

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Talen Energy Corporation ("Talen")... More

Constellation Energy Group, Inc. (CEG) Tops Q3 EPS by 11c ; Offers Guidance

November 4, 2024 6:50 AM EST

Constellation Energy Group, Inc. (NASDAQ: CEG) reported Q3 EPS of $2.74, $0.11 better than the analyst estimate of $2.63. Revenue for the quarter came in at $6.55 billion versus the consensus estimate of $5.71 billion.

GUIDANCE:

Constellation Energy Group, Inc. sees FY2024 EPS of $8.00-$8.40,... More

Constellation Energy Group, Inc. (CEG) Declares $0.3525 Quarterly Dividend; 0.5% Yield

November 1, 2024 2:09 PM EDT

Constellation Energy Group, Inc. (NASDAQ: CEG) declared a quarterly dividend of $0.3525 per share, or $1.41 annualized.

The dividend will be payable on December 6, 2024, to stockholders of record on November 15, 2024, with an ex-dividend date of November 14, 2024.

The annual yield on the dividend is 0.5... More

Constellation Energy Group, Inc. (CEG) option IV elevated into quarter results and outlook

November 1, 2024 10:57 AM EDT

Constellation Energy Group, Inc. (NASDAQ: CEG) November 11 weekly call option implied volatility is at 87, November is at 72 compared to its 52-week range of 20 to 75; into the expected release of quarter results before the bell on November 4.

... More

Constellation Energy Group, Inc. (CEG) call put ratio 1 call to 2.2 puts into quarter results

November 1, 2024 5:28 AM EDT

Constellation Energy Group, Inc. (NASDAQ: CEG) November 11 weekly 262.50 straddle priced for a move of 11% into the expected release of quarter results before the bell on November 4.

... More