LEU - Centrus Energy Corp.
Centrus Energy is nearing a technical breakout as its $4.5 billion backlog and $900 million DOE award strengthen the nuclear-fuel growth story. Can LEU clear the crucial $200 barrier and surge toward $220–$235, or will margin pressure send it back to support?
The Department of Energy (DOE) has narrowed the competition for its proposed Nuclear Lifecycle Innovation Campuses (NLICs) to five states: Utah, Tennessee, Oklahoma, Louisiana, and Idaho. The selection advances an effort that could create new investment and contracting opportunities across nearly every part of the nuclear value chain.
California State Teachers Retirement System boosted its holdings in shares of Centrus Energy Corp. (NYSE: LEU) by 24.3% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,606 shares of the company's stock after acquiring an additional 3,837 shares during the quarter.
Cameco and Centrus Energy sell nuclear fuel today, with trailing-12-month revenue of about $2.5 billion and $474 million, respectively. Oklo, NuScale Power, and Nano Nuclear Energy carry a combined market value of about $12 billion on roughly $12 million in combined trailing sales.
Centrus Energy NYSE: LEU reported second-quarter 2026 revenue growth and expanded its commercial backlog as the company advanced plans to build U.S. uranium-enrichment capacity for low-enriched uranium, or LEU, and high-assay low-enriched uranium, or HALEU.
Centrus Energy highlights a $4.5B backlog, $900M DOE funding and a 2029 production goal as enrichment demand tightens and Piketon hiring accelerates.
Centrus Energy Corp. (LEU) Q2 2026 Earnings Call Transcript
Centrus Energy beats Q2 earnings and revenue estimates, but higher administrative and technology costs sharply compress margins.
Advances Commercialization for Domestic LEU and HALEU Enrichment Contract includes X-energy prepayments to Centrus Planned project to bring clean energy investment and jobs to Eastern Tennessee BETHESDA, Md., Aug. 6, 2026 /PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU) ("Centrus"), a trusted supplier of nuclear fuel, services and technology, today announced a signed definitive contract for Centrus to provide X-energy with enrichment services for Low-Enriched Uranium ("LEU") and High-Assay, Low-Enriched Uranium ("HALEU") with quantities that are expected to support X-energy's initial Xe-100 small modular reactors and TRISO-X fuel deployments.
Definitive Agreement for Long-Term Supply of High-Assay, Low-Enriched Uranium (“HALEU”) Advances Commercialization for HALEU Enrichment and TRISO Fuel Fabrication ROCKVILLE, Md., Aug. 06, 2026 (GLOBE NEWSWIRE) -- X-Energy, Inc. (Nasdaq: XE) (“X-energy” or “the Company”), a leading developer of advanced nuclear reactors and fuel technology, and Centrus Energy Corp. (NYSE: LEU) (“Centrus”), a trusted supplier of nuclear fuel, services and technology, today announced a definitive agreement for Centrus to provide X-energy with enrichment services for Low-Enriched Uranium (“LEU”) and High-Assay Low-Enriched Uranium (“HALEU”).
Revenue of $176.1 million, compared to revenue of $154.5 million in Q2 2025 GAAP net income of $16.8 million compared to GAAP net income of $28.9 million in Q2 2025 Non-GAAP adjusted net income (1) of $38.7 million, compared to non-GAAP adjusted net income(1) of $34.5 million in Q2 2025 Signed $900 million High-Assay, Low-Enriched Uranium (HALEU) Enrichment award contract with U.S. Department of Energy Grew contingent Low-Enriched Uranium (LEU) and HALEU enrichment backlog to $3.0 billion Selected Geiger Brothers as construction contractor for major uranium enrichment plant expansion Signed first-of-a-kind, large-scale commercial HALEU supply agreement that potentially includes prepayments Raising full year 2026 hiring guidance in Piketon, Ohio Expecting completion of first new centrifuge in Oak Ridge, Tennessee, by year-end 2026 BETHESDA, Md., Aug. 5, 2026 /PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU) ("Centrus" or the "Company") today reported second quarter 2026 results.
Centrus dominates America's emerging HALEU fuel market. Record backlog provides years of revenue visibility.
LEU's Q2 report could reflect uranium price gains offset by weaker SWU volumes and rising costs, with earnings and revenues expected to decline year over year.
BETHESDA, Md., July 23, 2026 /PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, August 6, 2026, at 8:30 a.m.
Centrus Energy and NuScale Power offer contrasting nuclear exposure, with revenues, backlog, valuation and commercialization shaping the comparison.
Nuclear is having a moment, and July marks a genuine inflection point for the uranium supply chain.
That drop has left a lot of investors nursing losses and wondering if the nuclear story is already over. Kuran Francis, host of the FinTek Channel, doesn't see it that way.
The U.S. Department of Energy (DOE) published the approved voluntary agreement that formally establishes the Nuclear Fuel Cycle Consortium under the Defense Production Act (DPA). While the name centers on fuel production, the framework and its broad list of participants reach across the entire nuclear value chain.
Nuclear energy is the biggest source of carbon-free electricity in the U.S., providing 47% of the country's zero-emissions power. Nuclear power provides stable and reliable energy to support the electricity grid.
/PRNewswire/ -- USA News Group News Commentary - For more than two decades, fusion energy has lived almost entirely in the private markets, funded by venture