Constellation Energy Corporation

CEG
Sector

Utilities

Industry

Utilities - Renewable

Market Cap

$70.61B

Employees

13.9K

Company Overview

Constellation Energy Corporation is the nation's largest producer of carbon-free energy and a leading supplier of energy products and services across the continental United States. The company's generation fleet includes nuclear, hydro, wind, and solar facilities, and it is a major player in both wholesale and retail energy markets. Constellation has a significant geographic presence, operating in 48 states, the District of Columbia, Canada, and the United Kingdom.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Operating revenues increased to $6.55 billion, compared to $6.11 billion for the three months ended September 30, 2023. However, for the nine months ended September 30, 2024, operating revenues were $18.186 billion, compared to $19.122 billion for the same period last year, indicating a slowdown in growth.

Operating income increased to $1.467 billion for the three months ended September 30, 2024, compared to $977 million for the same period in 2023. This indicates an improvement in profitability from core operations.

Net income attributable to common shareholders increased to $1.2 billion for the three months ended September 30, 2024, compared to $731 million for the same period in 2023. This demonstrates a significant improvement in overall profitability.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights