Professional
Added to YB: 2026-09-15
Pitch date: 2026-07-10
CEG [bullish]
Constellation Energy Corporation
+5.83%
current return
Author Info
Reaves Asset Management is an independently owned company with decades of experience investing in publicly listed infrastructure equities. Visit the website.
Company Info
Constellation Energy Corporation produces and sells energy products and services in the United States.
Market Cap
$100.9B
Pitch Price
$250.00
Price Target
N/A
Dividend
0.60%
EV/EBITDA
15.41
P/E
27.57
EV/Sales
4.01
Sector
Electric Utilities
Category
special_situation
Reaves Asset Management Portfolio Holding: Constellation Energy Corporation
CEG (hold): Held despite quarterly underperformance, which was attributed largely to an equity overhang rather than deteriorating fundamentals as shares issued for the Calpine acquisition began reaching the market. The selling pressure is viewed as a temporary transfer from a motivated seller to long-term holders that should resolve over time, with no change in the business’s underlying value.
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