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Constellation Energy Corp Stock Research

CEG

87.54USD-1.34(-1.51%)Market Closed

Market Summary

USD87.54-1.34
Market Closed
-1.51%

CEG Alerts

CEG Stock Price

CEG RSI Chart

CEG Valuation

Market Cap

28.4B

Price/Earnings (Trailing)

-165.87

Price/Sales (Trailing)

1.07

EV/EBITDA

11.88

Price/Free Cashflow

-4.31

CEG Price/Sales (Trailing)

CEG Profitability

EBT Margin

-2.22%

Return on Equity

-1.45%

Return on Assets

-0.34%

Free Cashflow Yield

-23.19%

CEG Fundamentals

CEG Revenue

Revenue (TTM)

26.4B

Revenue Y/Y

35.31%

Revenue Q/Q

3.16%

CEG Earnings

Earnings (TTM)

-171.0M

Earnings Y/Y

340%

Earnings Q/Q

182.35%

Price Action

52 Week Range

52.2897.54
(Low)(High)

Last 7 days

4.4%

Last 30 days

14.4%

Last 90 days

10.8%

Trailing 12 Months

38.3%

CEG Financial Health

Current Ratio

1.19

CEG Investor Care

Dividend Yield

0.85%

Dividend/Share (TTM)

0.75

Diluted EPS (TTM)

-0.52

Financials for Constellation Energy

Income Statement (Last 12 Months)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue8.1%26,414,000,00024,440,000,00022,639,000,00020,994,000,00019,682,000,000
EBITDA0.5%2,135,000,0002,124,000,0004,124,000,0004,508,000,000-
EBITDA Margin-6.9%0.090.090.200.23-
Earnings Before Taxes32.7%-365,000,000-542,000,000-529,000,000597,000,0001,159,000,000
EBT Margin5.1%-0.02-0.020.030.02-
Interest Expenses20.8%302,000,000250,000,000254,000,000252,000,000268,000,000
Net Income-6.9%-171,000,000-160,000,000-299,000,000496,000,000622,000,000
Net Income Margin50.4%-0.01-0.010.040.00-
Free Cahsflow-13.0%-4,042,000,000-3,576,000,0001,902,666,6673,718,000,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-1.6%46,15846,90946,61645,33346,846
  Current Assets-13.4%8,1089,3609,8538,0908,767
    Cash Equivalents-43.8%2374221,1928061,605
  Net PPE1.3%20,07419,82219,70519,73919,837
Liabilities-1.3%35,07235,53735,44733,94435,341
  Current Liabilities-24.1%5,9477,8397,8875,8786,434
.    Short Term Borrowings-39.2%7051,1596932001,080
    LT Debt, Non Current29.0%5,7634,4664,4804,5074,548
Shareholder's Equity0.6%11,08611,01810,80311,38911,505
  Retained Earnings0.6%-493-496-483-249-91.00
Accumulated Depreciation0.8%16,86116,72616,57416,16516,007
Shares Outstanding-0.9%324327327327327
Minority Interest1.1%358354366389400
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-97.1%-4,638-2,353-2,2432821,625
  Share Based Compensation112.5%11353.0043.00--
Cashflow From Investing-6.0%2,9193,1042,5141,8771,847
Cashflow From Financing144.9%359-799-987-1,834-2,538
  Dividend Payments25.4%23218513993.0046.00

Risks for CEG

What is the probability of a big loss on CEG?

17.1%


Probability that Constellation Energy stock will be more than 20% underwater in next one year

0%


Probability that Constellation Energy stock will be more than 30% underwater in next one year.

0%


Probability that Constellation Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CEG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Constellation Energy was unfortunately bought at previous high price.

Drawdowns

Returns for CEG

Cumulative Returns on CEG

Which funds bought or sold CEG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-06-01
MACQUARIE GROUP LTD
added
28.12
147,814
1,744,510
-%
2023-06-01
KENNEDY INVESTMENT GROUP
reduced
-1.37
-28,247
249,096
0.15%
2023-05-26
ProShare Advisors LLC
added
11.03
279,536
25,744,400
0.08%
2023-05-23
Toroso Investments, LLC
added
138
1,515,000
2,804,000
0.05%
2023-05-22
PUTNAM INVESTMENTS LLC
added
26.71
62,565,100
469,373,000
0.75%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-7.48
-1,981,180
10,600,800
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-28.56
-23,459,100
43,653,900
-%
2023-05-18
SkyView Investment Advisors, LLC
new
-
-
-
-%
2023-05-18
CENTAURUS FINANCIAL, INC.
added
35.79
25,000
129,000
0.01%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-1.93
-3,179,000
26,534,000
0.04%

1–10 of 44

Latest Funds Activity

Are funds buying CEG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CEG
No. of Funds

Constellation Energy News

Best Stocks
The Role of Analysts in the Stock Market.
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28 hours ago

Schedule 13G FIlings of Constellation Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
7.5%
24,465,202
SC 13G
Feb 09, 2023
vanguard group inc
11.75%
38,376,259
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G
Feb 08, 2023
state street corp
5.63%
18,377,969
SC 13G
Feb 07, 2023
blackrock inc.
7.6%
24,968,484
SC 13G

CEG Fair Value

Show Fair-Value

Recent SEC filings of Constellation Energy

View All Filings
Date Filed Form Type Document
Jun 01, 2023
8-K
Current Report
May 31, 2023
8-K
Current Report
May 04, 2023
10-Q
Quarterly Report
May 04, 2023
8-K
Current Report
Apr 28, 2023
8-K
Current Report
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading

Latest Insider Trading transactions for CEG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-31
Holzrichter Julie
acquired
38,775
77.55
500
-
2023-03-31
Harrington Charles L.
acquired
38,775
77.55
500
-
2023-03-31
DE BALMANN YVES C
acquired
38,775
77.55
500
-
2023-03-31
BRLAS LAURIE
acquired
38,775
77.55
500
-
2023-03-31
LAWLESS ROBERT J
acquired
38,775
77.55
500
-
2023-03-31
Rimmer Nneka Louise
acquired
38,775
77.55
500
-
2023-03-31
Richardson John M
acquired
38,775
77.55
500
-
2023-03-31
Halverson Bradley M
acquired
38,775
77.55
500
-
2023-03-31
Ashish Khandpur K
acquired
38,775
77.55
500
-
2023-01-30
Dominguez Joseph
acquired
-
-
41,474
president & ceo

1–10 of 50

Joseph Dominguez
11700
Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.

CEG Income Statement

2023-03-31
Consolidated Statements of Operations and Comprehensive Income, Parent - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenues  
Operating revenues$ 7,565$ 5,431
Operating revenues from affiliates0160
Total operating revenues7,5655,591
Operating expenses  
Purchased power and fuel5,7293,545
Purchased power and fuel from affiliates05
Operating and maintenance1,4321,161
Operating and maintenance from affiliates044
Depreciation and amortization267280
Taxes other than income taxes132137
Total operating expenses7,5605,172
Gain on sales of assets and businesses2616
Operating income31435
Other income and (deductions)  
Interest expense, net(107)(55)
Interest expense to affiliates0(1)
Other, net314(318)
Total other income and (deductions)207(374)
Income before income taxes23861
Income taxes131(53)
Equity in losses of unconsolidated affiliates(5)(3)
Net income102111
Net income attributable to noncontrolling interests65
Net income attributable to common shareholders96106
Comprehensive income, net of income taxes  
Net income102111
Pension and non-pension postretirement benefit plans:  
Prior service benefit reclassified to periodic benefit cost(1)(1)
Actuarial loss reclassified to periodic cost618
Pension and non-pension postretirement benefit plan valuation adjustment(53)0
Unrealized gain on foreign currency translation04
Other comprehensive (loss) income, net of income taxes(48)21
Comprehensive income54132
Comprehensive income attributable to noncontrolling interests65
Comprehensive income attributable to common shareholders$ 48$ 127
Average shares of common stock outstanding:  
Basic (in shares)328,000327,000
Assumed exercise and/or distributions of stock-based awards (in shares)01,000
Diluted (in shares)328,000328,000
Earnings per average common share  
Basic (in dollars per share)$ 0.29$ 0.32
Diluted (in dollars per share)$ 0.29$ 0.32

CEG Balance Sheet

2023-03-31
Consolidated Balance Sheets, Parent - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 237$ 422
Restricted cash and cash equivalents99106
Accounts receivable  
Customer accounts receivable (net of allowance for credit losses of $47 and $46 as of March 31, 2023 and December 31, 2022, respectively)2,1472,585
Other accounts receivable (net of allowance for credit losses of $5 as of March 31, 2023 and December 31, 2022)542731
Mark-to-market derivative assets1,9522,368
Inventories, net  
Natural gas, oil and emission allowances259429
Materials and supplies1,0851,076
Renewable energy credits720617
Other1,0671,026
Total current assets8,1089,360
Property, plant, and equipment (net of accumulated depreciation and amortization of $16,861 and $16,726 as of March 31, 2023 and December 31, 2022, respectively)20,07419,822
Deferred debits and other assets  
Nuclear decommissioning trust funds14,60614,114
Investments223202
Mark-to-market derivative assets1,1251,261
Deferred income taxes4544
Other1,9772,106
Total deferred debits and other assets17,97617,727
Total assets[1]46,15846,909
Current liabilities  
Short-term borrowings7051,159
Long-term debt due within one year161143
Accounts payable1,5582,828
Accrued expenses743906
Mark-to-market derivative liabilities1,5731,558
Renewable energy credit obligation865901
Other342344
Total current liabilities5,9477,839
Long-term debt5,7634,466
Deferred credits and other liabilities  
Deferred income taxes and unamortized ITCs2,9823,031
Asset retirement obligations12,83112,699
Pension obligations645605
Non-pension postretirement benefit obligations633609
Spent nuclear fuel obligation1,2441,230
Payables related to Regulatory Agreement Units3,0692,897
Mark-to-market derivative liabilities700983
Other1,2581,178
Total deferred credits and other liabilities23,36223,232
Total liabilities[1]35,07235,537
Commitments and contingencies (Note 12)
Shareholders' equity  
Common stock (No par value, 1,000 shares authorized, 324 shares and 327 shares outstanding as of March 31, 2023 and December 31, 2022, respectively)13,02913,274
Retained deficit(493)(496)
Accumulated other comprehensive loss, net(1,808)(1,760)
Total shareholders’ equity10,72811,018
Noncontrolling interests358354
Total equity11,08611,372
Total liabilities and equity$ 46,158$ 46,909
[1]Our consolidated assets include $2,506 million and $2,641 million at March 31, 2023 and December 31, 2022, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Our consolidated liabilities include $1,033 million and $1,041 million at March 31, 2023 and December 31, 2022, respectively, of certain VIEs for which the VIE creditors do not have recourse to us. See Note 14 — Variable Interest Entities for additional information.