Constellation Energy's Starry Returns (Ratings Downgrade)

Laura Starks
4.67K Followers

Summary

  • Constellation Energy, a $54.6 billion market cap company paying a 0.8% dividend, is the electric generation company spun off from utility company Exelon two years ago.
  • Constellation has the largest US fleet of nuclear power plants. Nuclear is unique and thus preferred among electricity generating fuels because it's non-hydrocarbon and--especially--24/7 baseload.
  • The company serves regions and grids throughout the US.
Nuclear Power Station

querbeet

More investors have discovered Constellation Energy (NASDAQ:CEG) since my last review nearly a year ago: its stock price has increased an incredible 120% and its market capitalization has increased an equally incredible 112%.

While enthusiasm for an independent power producer

This article was written by

4.67K Followers
Laura Starks is the founder and CEO of Starks Energy Economics, LLC (since 2007). She has a degree in chemical engineering and an MBA with a concentration in finance which she has used for many years to invest personally and to share her ideas about energy companies. Her coverage includes utilities, independent power producers, energy service companies and contractors, a few petrochemical companies, and all sectors of oil and natural gas: upstream, midstream, and downstream

Analyst’s Disclosure:I/we have a beneficial long position in the shares of NEE, VST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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