Constellation Energy Surges to 77th in Daily Trading Volume with $12.61 Billion in Shares Exchanged

On July 23, 2025, Constellation Energy (CEG) saw a significant surge in trading volume, with a total of $12.61 billion in shares exchanged, marking a 122.69% increase from the previous day. This substantial trading activity placed Constellation Energy at the 77th position in terms of daily trading volume. The stock price of Constellation Energy rose by 1.86%.

Constellation Energy recently announced the successful clearance of all its power plants in the PJM capacity auction for the 2026-2027 planning year. This achievement includes capacity revenues for nuclear units, which will be factored into the gross receipts calculation for the Production Tax Credit, effective from June 1, 2026. This development is expected to positively impact the company's financial performance and strategic positioning in the energy market.

The company reported strong financial results for the first quarter of 2025, with GAAP earnings of $0.38 per share and adjusted operating earnings of $2.14 per share, which is $0.32 higher than the previous year. The full-year operating EPS guidance was reaffirmed at $8.90 to $9.60 per share. Constellation Energy's nuclear generation exceeded 41 million megawatt hours with a capacity factor of 94.1%, and the refueling outage performance averaged 24 days, significantly lower than the industry average of nearly 40 days. The company also achieved a renewable energy capture rate of 96.2% and a power dispatch match rate of 99.2%.

The acquisition of Calpine is anticipated to add at least $2 in EPS and $2 billion of free cash flow before growth starting next year. Additionally, inflation adjustments are estimated to add an incremental $500 million in revenues to base earnings for 2028. The company has approximately $1 billion remaining in its buyback authorization, demonstrating its commitment to returning value to shareholders.

Constellation Energy is well-positioned to capitalize on the growing demand for data centers, leveraging its clean and reliable nuclear energy assets. The company's strong investment-grade credit rating provides confidence to customers and supports long-term contracts. However, the company faces challenges such as equity volatility driven by macroeconomic factors, regulatory uncertainties, and increasing costs for new power generation entries. Despite these challenges, Constellation Energy's strategic initiatives and strong financial performance position it favorably in the competitive energy market.