CEG Stock Recent News

Here is how Constellation Energy Corporation (CEG) and Ecopetrol (EC) have performed compared to their sector so far this year.

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Here is how Constellation Energy Corporation (CEG) and Suncor Energy (SU) have performed compared to their sector so far this year.

Constellation Energy Corporation (CEG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Here is how Constellation Energy Corporation (CEG) and Civitas Resources (CIVI) have performed compared to their sector so far this year.

Constellation Energy's (CEG) third-quarter 2023 earnings and revenues improve year over year. Total operating expenses decrease during the same period.

Constellation Energy Corporation (NASDAQ:CEG ) Q3 2023 Earnings Call Transcript November 6, 2023 10:00 AM ET Company Participants Emily Duncan - SVP, IR Joe Dominguez - President and CEO Dan Eggers - CFO Conference Call Participants David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Bank of America Durgesh Chopra - Evercore ISI Operator Good day, ladies and gentlemen, and welcome to the Constellation Energy Corporation Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Constellation Energy has raised its full-year profit guidance after reporting better-than-expected third-quarter earnings, despite revenue that was shy of expectations. The Baltimore-based utility highlighted its recent acquisition of a 44% stake in South Texas Project Electric Generating Station, which will expand the US's largest, highly reliable carbon-free nuclear fleet.

Constellation Energy on Monday posted a quarterly profit and raised its annual core profit forecast, as the utility benefits from lower operating expenses and higher electricity demand due to extreme weather.

Constellation Energy Corporation (CEG) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CEG broke through the 20-day moving average, which suggests a short-term bullish trend.