CEGConstellation Energy
$282
$89.1B market cap

What $282 buys you

SegmentValue% of PriceType
Net Cash$73%auditable
Nuclear Fleet$20071%anchored
Commercial & Retail$6021%anchored
Clean Energy Premium$155%anchored

Anchored: $275/sh (98%) · Speculative: $0/sh (0%)

Each bet

Nuclear Fleet

$200/sh
71% of CEGanchored30 evidence

CEG's nuclear fleet is the largest in the US with ~21 GW of capacity operating at a 94.7% capacity factor. No new nuclear has been built at scale in the US since the 1970s, creating an irreplaceable asset base. NRC licenses extend to 2047-2051, with framework allowing 80-year operation. The fleet's...

Commercial & Retail

$60/sh
21% of CEGanchored11 evidence

CEG's commercial and retail business generates revenue from C&I (commercial and industrial) power sales, retail electricity contracts, and wholesale power marketing. This segment provides a stable revenue base that complements the nuclear fleet. Post-Calpine, the retail customer base expanded...

Clean Energy Premium

$15/sh
5% of CEGanchored9 evidence

The Clean Energy Premium represents the incremental value from CEG's carbon-free generation attributes — the premium hyperscalers and corporations pay specifically for verified clean energy. This includes: (1) TMI/Crane Clean Energy Center restart as the poster child for nuclear renaissance, (2)...