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Constellation Energy Corporation  (CEG)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $165.5200 $0.88 0.534%
Day's High: $168.39 Week Perf: -1.42 %
Day's Low: $ 162.67 30 Day Perf: 28.64 %
Volume (M): 4,532 52 Wk High: $ 185.58
Volume (M$): $ 750,137 52 Wk Avg: $107.16
Open: $164.18 52 Wk Low: $71.16



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 11,696
 Revenues (TTM) (Millions $) 24,918
 Net Income (TTM) (Millions $) 1,577
 Cash Flow (TTM) (Millions $) -11
 Capital Exp. (TTM) (Millions $) 676

Constellation Energy Corporation
Constellation Energy is a North American energy company which includes a merchant energy business and BGE, its regulated electric and gas public utility in central Maryland.'Our merchant energy business is a competitive provider of energy solutions for large customers in North America. It has electric generation assets located in various regions of the United States and provides energy solutions to meet customers needs. Our merchant energy business focuses on serving the full energy and capacity requirements (load-serving) of, and providing other energy risk management services for various customers, such as utilities, municipalities, cooperatives, retail aggregators, and commercial and industrial customers.

Our merchant energy business includes:

a generation operation that owns, operates, and maintains fossil, nuclear, and hydroelectric generating facilities and interests in qualifying facilities, fuel processing facilities and power projects in the United States,

a marketing and risk management operation that provides energy products and services to wholesale customers,

an electric and gas retail operation that provides energy services to commercial and industrial customers, and

a generation and consulting services operation.

BGE is a regulated electric transmission and distribution utility company and a regulated gas distribution utility company with a service territory that covers the City of Baltimore and all or part of ten counties in central Maryland. BGE was incorporated in Maryland in 1906.

Our other nonregulated businesses:

design, construct, and operate heating, cooling, and cogeneration facilities for commercial, industrial, and municipal customers throughout North America, and

provide home improvements, service heating, air conditioning, plumbing, electrical, and indoor air quality systems, and provide natural gas retail marketing to residential customers in central Maryland.

In addition, we own several investments that we do not consider to be core operations. These include financial investments, real estate projects, and interests in a Latin American power distribution project and in a fund that holds interests in two South American energy projects.

We analyze the results of our merchant energy business as follows:

Mid-Atlantic Fleet'our fossil, nuclear, and hydroelectric generating facilities and load-serving activities in the PJM Interconnection (PJM) region for which the output is primarily used to serve BGE. This also includes active portfolio management of the generating assets and associated physical and financial arrangements.

Plants with Power Purchase Agreements'our generating facilities with long-term power purchase agreements, including our Nine Mile Point Nuclear Station (Nine Mile Point), Oleander, University Park,

and High Desert generating facilities.

Competitive Supply'our wholesale marketing and risk management operation that provides energy products and services to distribution utilities and other wholesale customers. We also provide electric

and gas energy services to retail commercial and industrial customers.

Other'our investments in qualifying facilities and domestic power projects and our generation and consulting services.

Competitive Supply

We are a leading supplier of energy products and services in North America to wholesale customers and retail commercial and industrial customers. Our competitive supply activities include 2,015 MW from our Rio Nogales, Holland Energy, Big Sandy, and Wolf Hills natural gas-fired generating facilities. These four facilities are not sold forward under long-term agreements, and their output is used to serve customer requirements.

We face competition in the market for energy, capacity, and ancillary services. In our merchant energy business, we compete with international, national, and regional full service energy providers, merchants and producers, to obtain competitively priced supplies from a variety of sources and locations, and to utilize efficient transmission or transportation. We principally compete on the basis of the price, customer service, reliability, and availability of our products.



   Company Address: 1310 Point Street Baltimore 21231 MD
   Company Phone Number: 883-0162   Stock Exchange / Ticker: NASDAQ CEG
   


Customers Net Income fell by CEG's Customers Net Profit Margin fell to

-21.81 %

11.34 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AEP   -1.47%    
DUK   -0.07%    
EXC   -1.11%    
NRG        4.33% 
PCG   -1.59%    
XEL        0.27% 
• View Complete Report
   



Constellation Energy Corporation

Constellation Energy Corporation Shines Bright: Stable Earnings Per Share Signal Resilience Amidst Economic Challenges

Constellation Energy Corporation: Continuously Growing amidst Challenging Times
In the financial second quarter of 2023, Constellation Energy Corporation, a leading Electric Utilities company, witnessed stable earnings per share (EPS) despite a slight revenue contraction. The EPS remained unchanged at $2.56, showcasing the company's resilience in the face of economic challenges. Although revenue depreciated by -0.348% year on year, reaching $5.45 billion, it is worth noting that compared to the previous reporting period, where revenue fell by a staggering -28.011% to $7.57 billion, this recent contraction seems quite modest.
Notably, Constellation Energy Corporation recorded net earnings of $824.000 million in the financial second quarter of 2023, marking a significant improvement from a net loss of $-113.000 million in the same reporting period a year ago. This accomplishment underscores the company's ability to adapt and thrive even during adverse market conditions. Moreover, the organization highlighted its impressive profit margins, with the net margin rising to 15.13% in the same quarter, presenting a steady growth trajectory. The operating margin also saw a positive shift, edging up to 12.28%.

Constellation Energy Corporation

Impressive Financial Momentum: Record-breaking First Quarter Performance Shakes Up the Financial World in 2023

As a cautious human investor, the latest financial report of Constellation Energy Corporation (CEG) should raise some red flags. The company recorded a net loss of $-176 million in the last 12 months ending in the first quarter of 2023, resulting in a negative return on assets (ROA) of -0.38%.
What's more concerning is that 42 other companies within the Utilities sector had a higher return on assets.
This means that CEG is lagging behind its industry peers and could signal poor performance in the long term. Additionally, CEG's overall ranking for ROA remained unchanged from the fourth quarter of 2022 at no.
Another area of concern is CEG's net earnings, which fell by -8.11 % in the financial first quarter of 2023 compared to the same period a year before. Although the company's revenue increased by 35.307% to $7.57 billion, this growth was not enough to offset the decline in net earnings and operating earnings.






 

Constellation Energy's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Constellation Energy does not provide revenue guidance.

Earnings Outlook
Constellation Energy Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion

Constellation Energy's Operating Statistics Decrease / Increase
       
Electric Residential Revenues (millions $)   Electric Residential Revenues (millions $) Decline   
Electric Commercial Revenues (millions $)   Electric Commercial Revenues (millions $) Decline   
Electric Industrial Revenues (millions $)   Electric Industrial Revenues (millions $) Decline   
Electric System Revenues (millions $)   Electric System Revenues (millions $) Decline   
Electric Residential Sales (Thousands MWH)    Electric Residential Sales (Thousands MWH) Growth   
Electric Commercial Sales (Thousands MWH)    Electric Commercial Sales (Thousands MWH) Growth   
Electric Industrial Sales (Thousands MWH)    Electric Industrial Sales (Thousands MWH) Growth   
Electric System Sales (Thousands MWH)    Electric System Sales (Thousands MWH) Growth   
GAS Residential Revenues (millions $)    GAS Residential Revenues (millions $) Growth   
GAS Commercial Revenues (millions $)    GAS Commercial Revenues (millions $) Growth   
GAS Industrial Revenues (millions $)    GAS Industrial Revenues (millions $) Growth   
GAS System Revenues (millions $)     
GAS Residential Sales (Thousands DTH)    GAS Residential Sales (Thousands DTH) Growth   
GAS Commercial Sales (Thousands DTH)    GAS Commercial Sales (Thousands DTH) Growth   
GAS Industrial Sales (Thousands DTH)   GAS Industrial Sales (Thousands DTH) Decline   
GAS System Sales (Thousands DTH)    GAS System Sales (Thousands DTH) Growth   




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