List of Nuclear Energy Stocks
Nuclear energy stocks are publicly traded companies that develop, own, or manage nuclear power plants or the technology and equipment used in such plants.
This list was last updated on 2/10/2022.
Ameren Corp (AEE)
Areva (ARVCF)
Assystem SA (ASY.PA)
Brookfield Business Partners (BBU)
BWX Technologies, Inc. (BWXT)
Cameco Corporation (CCJ)
Centrus Energy Corp (LEU)
China General Nuclear (1816.HK)
Dominion Energy Inc (D)
Duke Energy Corp (DUK)
Electricite de France S.A. (EDF.PA, US ADR: ECIFY, US OTC: ECIFF)
Exelon Corp. (EXC)
FirstEnergy Corp (FE)
Fluor Corporation (FLR)
Fortum Oyj (FORTUM.HE)
General Electric (GE)
Global Power Equipment (GLPW)
Global X Uranium ETF (URA)
GSE Systems, Inc. (GVP)
Hitachi, Ltd. (6501.T, HTHIF, HTHIY)
IBC Advanced Alloys Corp (IAALF)
International Isotopes (INIS)
Kansai Electric Power Co Inc...
Yellow Cake Debut
by Debra Fiakas, CFA
Investors have a new opportunity for a stake in nuclear power. Last week a successful initial offering was staged by a new player in the uranium supply chain. Yellow Cake, plc. (YCA: LON) sold 76 million shares at £200 per share, raising £151 million (US$200 million). Uranium Participation Corporation (U: TO)took US$25 million of the deal, giving the Canada-based uranium speculator a 16% stake in the company. Yellow Cake is listed on AIM under the symbol YCA. In its third day of trading the stock closed up 1.25% from its debut.
Yellow Cake means to be a player in the uranium market, buying and...
Flocking to Uranium
The post Yellow Cake Debut described the capital raising effort of one of the newest players in the uranium supply chain. Yellow Cake leadership brought the aspiring intermediary to the capital market at a critical time for uranium producers. The uranium market has been in an extended trough period since the industry peak in 2007. At that time considerable development had been undertaken and capacity was beginning to generate sufficient supply to create stockpiled inventories. As this bloated condition persisted, in 2011 the nuclear power and its uranium supply chain were shocked by a Pacific Ocean tsunami that led to a nuclear spill at...
Spotting A Uranium Rebound: Inventories Are Key
The chart of spot uranium prices presents a dismal picture for this key energy commodity. After a brief spike in early 2006, the spot price has been in a long-term slide down hill. In the last year and a half it appears the price as found a level of support at the $20.00 price level as the shares have bounced around between that support level and up to the high 20s. With each bound higher shareholders of uranium producers cheer the end of what has been a long ‘down’ cycle. A click up to US$27.50 in recent days has...
Two Stocks That Could Benefit From NuScale’s Sucess
After toiling away for almost two decades, perfecting its nuclear power reactor design, NuScale Power is on the cusp of commercial stage with its innovative Small Modular Reactor (SMR). The company has applied for certification by the U.S. Nuclear Regulatory Commission (NRC) and expects to approval by 2021. In a departure from conventional construction methods NuScale’s SMR is to be manufactured in a factory setting and assembled on site. NuScale has also lined up a first customer, the Utah Associated Municipal Power Systems (UAMPS), which is planning to build a nuclear power plant with twelve of NuScale’s 50-gigawatt SMRs. UAMPS expects its project to be...
NextEra Energy: the Real Attraction
by Debra Fiakas CFA One member of the NuStart Energy consortium of nuclear power developers is Florida Power & Light or FPL Group, a subsidiary of NextEra Energy (NEE: NYSE). The group had its sights on getting a nuclear power plant construction and operating license from the Nuclear Regulatory Commission (NRC). The company operates the third largest nuclear power generation fleet in the U.S. composed of eight nuclear reactors at five plant sites. The fleet is far flung, ranging from Florida to New Hampshire and Wisconsin and West to Iowa. FPL is working on an expansion of...
Nuclear Stocks: Too Hot for an Eco Portfolio?
Guest Author Nuclear energy is not the “bad boy” it once was For many years, nuclear energy was labelled as a potential threat to the environment as well as the global population. Interestingly enough, the memories of the disasters at Chernobyl and Three Mile Island are now distant and the perspective of nuclear energy is changing in positive fashion. The growing worries created by the ballooning demands on the world’s energy sources, an increase in the competition for energy supplies, rising concerns regarding global warming, and the volatility of the gas and oil prices are reasons that...
Smale Scale Nukes
by Debra Fiakas CFA The on-going crisis at one of Japan’s key nuclear power plants following earthquake and tsunami damage has everyone, even proponents of nuclear energy on edge. Previous nuclear accidents, such as the disasters at Russia’s Chernobyl reactor and the U.S.’s Three Mile Island, were traced back to human error. Now it appears regulators and operators of Japan’s Fukushima plant may have had some awareness that the plant design could not withstand the onslaught of a major tsunami. Again better human performance may have averted the situation that now threatens a breach of a reactor core. Designers...
Junior Uranium Miner ’In Position’ to Grow
by Debra Fiakas CFA To understand UR Energy, Inc. (URG: NYSE AMEX, URE: TSX) investors need to polish up on their Latin phrases. UR Energy is planning to mine uranium for the nuclear power industry using a mining practice called in situ or literally in position. In conventional mining operations large amounts of uranium-laced rock are cut out of the earth and sent to a milling center where the rock is crushed as the first step in separating uranium from the other minerals. In situ miners like UR Energy leave the earth and rock undisturbed, instead injecting oxygenated...
Admin Reviews Fuel Production To Mixed Nuclear Reactions
by Debra Fiakas, CFA
The U.S. Administration took a swing at the uranium ball, but it is not clear if it was a miss and strike out or just a walk. Some in the uranium industry are applauding a decision by the Trump Administration on the January 2018 petition by U.S. uranium producers Energy Fuels (UUUU: NYSE) and Ur-energy (URG: NYSE), requesting protection from uranium imports. The U.S. Commerce Department had investigated the petition under Section 232 of the 1962 Trade Expansion Act. No new trade restrictions are being implemented at this time, but the Administration is establishing a working group to analyze U.S. nuclear fuel production. A report...
Lightbridge Flirts with Areva
by Debra Fiakas CFA Last week nuclear fuel developer Lightbridge Corporation (LTBR: Nasdaq) announced an agreement with nuclear power plant builder Areva (AREVA: Paris; ARVCF: OTC/QB) to form a joint venture. The present pact is a precursor to a formal joint venture agreement that would team up the two companies - one very large multinational nuclear power house and one still quite small fuel developer - in joint development of Lightbridge’s metallic nuclear fuel technology. Lightbridge has developed and patented a novel design that replaces conventional tubes filled with ceramic uranium pellets now used by pressurized...
Yankee Graphite
Several graphite developers have made plans to integrate forward into the hottest segment of the market - battery-grade graphite. According to Industrial Minerals, spherical graphite suitable for lithium ion battery anodes is priced in a range of $2,700 to $2,800 per metric ton in China where many battery manufacturers are located. This compares quite well to the range of about $655 to $790 per metric ton for flake graphite concentrate.
The integration strategy has sent the sector into a frenzy of activity to prove their graphite meets expectations of battery manufacturers. The only graphite deposit in the U.S. mainland is under development by Westwater Resources...
Epic Changes Are Coming in the Electric Power, Transportation and Energy Storage Sectors
John Petersen Epic is the only word I can use to describe an evolving tragedy that killed tens of thousands of people, inflicted hundreds of billions in property damage, destroyed 3.5% of Japan's base-load power generating capacity in a heartbeat and will cause recurring aftershocks in the global electric power, transportation and energy storage sectors for decades. While I'd love to believe the worst is behind us, I fear the times of trouble have just begun. Since it's clear that Japan will have to turn inward and serve the urgent needs of its own population first, the...
NuScale’s Small Nuclear Reactors Land A Big Investor
by Debra Fiakas, CFA
NuScale Power is in a new pact with South Korea’s Doosan Heavy Industries and Construction Co. to support development of NuScale’s small modular reactor (SMR). In addition to direct investment of $40 million in NuScale, Doosan has agreed to provide parts and equipment for the innovative nuclear power reactor valued at a total of $1.2 billion.
NuScale has been working on its power reactor for several years. The new design is based on pressurized water reactor (PWR) technology that has been used to power nuclear submarines and naval vessels. The design uses ordinary water as a coolant rather than ‘heavy’ water used by...
Offshore Wind A Big Part Of Why GE Wants Alstom
Who's the Energy Alpha Dog? GE or Siemens? By Jeff Siegel General Electric (NYSE:GE) wants to acquire one of the largest companies in France, and it could get what it wants if Germany doesn't get in the way. Alstom SA (AOMFF), the target of GE's desires, is a French energy and transportation company with a market value of approximately $11.5 billion. It deals in hydroelectric and nuclear power, environmental control systems, wind turbines and battery storage, as well as trains and rail infrastructure. It's a huge company, and GE could spend as much as $13 billion to...
A Light At The End Of The Bridge For Lightbridge?
by Debra Fiakas CFA Earlier this week nuclear fuel technology developer, Lightbridge Corporation (LTBR: Nasdaq), reported year-end 2015 financial results and provided an update on recent accomplishments. Not unexpectedly, Lightbridge reported a net loss of $4.3 million or $0.24 per share for the year. During the year the company scraped together $900,000 in revenue from consulting services, an effort to leverage the expertise of its scientists and engineers as they continue work on new fuel technologies. The contribution margin of the consulting work was $216,239 - not nearly enough to cover administrative spending or the costs of...
