Four Green Money Managers’ Top Stock Picks
Green money managers' stock picks after the Japanese nuclear crisis. Even as the nuclear disaster in Japan unfolds, it's clear that the world's energy industry will be forever changed. Russian reactors were never considered safe, but a Japanese to have a nuclear meltdown is an entirely different story. Market Reaction Since Monday, nuclear stocks and ETFs have been plummeting. As of Wednesday night, The Market Vectors Uranium + Nuclear Energy ETF (NYSE:NLR), the iShares S&P Global Nuclear Energy Index (NASD:NUCL), PowerShares Global Nuclear Energy Portfolio ETF (NYSE:PKN), and the Global X Uranium ETF (NYSE:URA) are down...
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...
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...
Energy Dominoes From Japan
Joe McCabe Energy amazes me; the ramifications from elementary school physics of converting potential energy into kinetic energy. It's happening everywhere around us, and can have far reaching ramifications. An example is the potential energy in the form of pressure built up under Japan in plate tectonics before the recent earthquake, turned into land shaking, country moving, tsunami creating kinetic energy that reaches across the world. There are other forces, lets call it society energy, that can create financial shock waves in the energy industry including political, religious, and inaccurate supply curve assumptions. Energy Industry Domino...
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...
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...
Exelon’s Dividend Siren Song
by Debra Fiakas CFA When the market gets volatile, many investors dive behind the protective shield of dividends. Exelon Corporation (EXC: NYSE) is an owner of nuclear power generation plants and is included in Crystal Equity Research’s Atomics Index of companies using the atom to create energy because more than half of its power output is generated at nuclear power plants. The company offers a handsome dividend near $1.24 per year. Granted it is not a small-cap company, which is the usual target for this column, but yield is beguiling. At the current price the dividend yield is...
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...
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...
Nuclear and Solar From Down Under
by Debra Fiakas CFA Last week the Aussies invaded New York City, bivouacking at a popular hotel and parading a string of Australia-based companies in front of investors. Of course, there were the usual mining and minerals companies for which resource-rich Australia is so famous. However, the Australia Stock Exchange - one of the event sponsors - has diversified with listings in communications, biotechnology and alternative energy. One of the presenters, Silex Systems, Inc. (SLX: ASX and SILXY: OTCQX) is a talented little company with technologies for solar and nuclear power generation. Silex has developed a laser...
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...
Clean Energy Stocks to Fill the Nuclear Gap
Tom Konrad, CFA If the Japanese use less nuclear power, what will take its place? I'm astounded by the resilience and discipline of the Japanese people in response to the three-pronged earthquake, tsunami, and nuclear disaster, perhaps in large part by my cultural roots in the egocentric United States, where we seem to have forgotten the virtue of self-sacrifice for the greater good. Yet while Japanese society has shown itself to be particularly resilient, the Japanese electric grid is much less resilient. According to International Energy Agency statistics, Japan produced 258 TWh of electricity from...
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...
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...
Book Review: Public Meltdown
Ben Plotzker The Vermont Yankee Nuclear Power Plant. The focus on the public’s view of nuclear plant operator Entergy (NYSE:ETR) sets Public Meltdown: The Story of the Vermont Yankee Nuclear Power Plant, by Richard Watts apart from other nuclear energy books. The book avoids pro or anti-nuclear positions, and focus on scientific aspects of the plant, and instead tells the story of one nuclear plant’s journey through history. That plant is Vermont Yankee, a General Electric (GE) boiling water reactor type, the same...
