Cameco

Cameco Corp. engages in the provision of uranium. It operates through the following segments: Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. The company was founded in 1988 and is headquartered in Saskatoon, Canada.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cameco reports strong Q1 performance amidst nuclear energy opportunities

Cameco's Q1 performance solid, with strategic positioning in nuclear energy sector
Challenges include geopolitical risks and supply chain issues, but opportunities in clean energy drive
Company's contracting strategy and long-term outlook remain positive
Excitement for market position and vision to energize a Clean Air world

Cameco emphasizes financial stability and market positioning in Q2

Cameco's Q2 earnings call highlighted a strategic focus on financial stability, operational efficiency, and market positioning. Despite challenges from tax increases and regional uncertainty, the company is well-positioned to leverage opportunities in the nuclear energy market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cameco Corp. engages in the provision of uranium. It operates through the Uranium and Fuel Services segments. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment deals with the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. The company was founded in 1988 and is headquartered in Saskatoon, Canada.

Ur-Energy

Just like many investors got around investing in Chinese names, such as Alibaba Group NYSE: BABA, after Ray Dalio got behind it, a wave of money will jump into the industry's favorite play today: uranium.

Shocking uranium play that hedge funds kept hidden

Uranium demand is on the rise due to growing concerns about climate change and the need for nuclear power in achieving net-zero emissions. The development of new nuclear mini reactors and the shift away from reliance on Russia for energy supply are driving the demand for uranium. The market is still cautious due to limited past price fluctuations prevailing low prices.

Cameco: High Multiple But Prospects Are Hard To Deny

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) is pleased to announce that our joint acquisition of Westinghouse Electric Company with Brookfield Asset Management alongside its publicly listed affiliate Brookfield Renewable Partners and institutional partners has now received all required regulatory approvals. Cameco anticipates the transaction will close on or about November 7, subject to the satisfaction of all other customary closing conditions. Cameco plans to financ.

Cameco and Brookfield Receive Regulatory Approval to Acquire Westinghouse

Cameco Corporation's recent earnings call highlights the growing demand for uranium driven by climate concerns and energy security issues. Nuclear energy is gaining widespread support from policymakers and the public, with new reactor designs and bipartisan backing. Geopolitical tensions further amplify the demand for nuclear energy as countries seek stable, low-carbon energy sources.

Up, Up, And Away! Cameco Confirms The Uranium Bull Case

(Kitco News) - Cameco (TSX: CCO) (NYSE: CCJ), one of the largest global producers of uranium fuel, today reported net earnings of C$148 million and adjusted net earnings of C$137 million in Q3 2023, compared to net losses of C$20 million and adjusted net earnings of C$10 million in Q3 2022.

Cameco's profit jumps in Q3 on higher uranium price and production, lower costs

Cameco on Tuesday announced that it swung to a profit of $148 million in its third quarter of 2023, from a $20 million loss a year earlier, on revenue that rose to $575 million from $389 million during the same period in 2022, as the company realized an average selling price for its uranium of US$70 per pound, a multi-year high.   An improved uranium price environment also allowed Cameco to raise its full year revenue outlook to between $2.43 billion and $2.58 billion, up from its earlier expectations of $2.38 billion and $2.53 billion.

Cameco's strong 3Q results, outlook bodes well for uranium stocks

Cameco Corporation (NYSE:CCJ ) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ET Company Participants Rachelle Girard - VP-IR Tim Gitzel - President and CEO Grant Isaac - EVP and CFO Heidi Shake - SVP and Deputy CFO Sean Quinn - SVP, Chief Legal Officer and Corporate Secretary Conference Call Participants Orest Wowkodaw - Scotiabank Ralph Profiti - Eight Capital Lawson Winder - Bank of America Gordon Johnson - GLJ Research Katie Lechapelle - Canaccord Genuity Brian MacArthur - Raymond James Alex MacPherson - allSaskatchewan Grace Symes - Energy Intelligence Richard Hatch - Berenberg Kip Keen - S&P Global Operator Thank you for standing by. This is the conference operator.

Cameco Corporation (CCJ) Q3 2023 Earnings Call Transcript

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2023, in accordance with International Financial Reporting Standards (IFRS). “Our third quarter financial performance continues to demonstrate the benefits of our strategic decisions and the significant, positive momentum we are experiencing in the nuclear energy industry. We have again increased our consolidated revenue.

Cameco Announces Third Quarter Results; Tier-One Transition Continues to Drive Gross Profit Improvement; Amplified Security of Supply Concerns Benefit Full-Year Revenue Outlook; Decade-High Industry Contracting Volume Achieved; Dividend Declared

NexGen Energy

Global X Uranium ETF

Energy Fuels

Hedge funds are laying bets on uranium, a critical element in nuclear energy, Bloomberg reported. The price of uranium has swung up by 125% since the end of 2020.

Hedge funds are pouring money into uranium stocks as they bet on a nuclear-powered future

The clean energy segment is getting smoked this year as solar companies are warning of the collapse in installation demand. Companies like SolarEdge Technologies Inc. NASDAQ: SEDG and microinverter manufacturer Enphase Energy Inc. NASDAQ: ENPH recently slashed guidance, resulting in an additional 30% haircuts to their already weak stock prices.

2 Uranium Stocks to Make Your Portfolio Glow Green

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) has signed a uranium supply agreement with China Nuclear International Corporation, a subsidiary of China National Nuclear Corporation (CNNC), one of the country's largest nuclear power operators. The contract, finalized earlier this year, was marked as part of the 2023 International Forum on Natural Uranium Industry taking place in Beijing. “China is counting on nuclear energy to play a major role in its commitment to achie.

Cameco Marks Uranium Supply Agreement with China Nuclear International Corporation

(Kitco News) - Today, the Canadian Nuclear Safety Commission (CNSC) announced its decision to renew the mine and/or mill operating licences held by Cameco for the Key Lake, McArthur River and Rabbit Lake uranium operations in Saskatchewan, Canada.

CNSC renews Cameco's licences for Key Lake, McArthur River and Rabbit Lake uranium operations

Bloom Energy

Clearway Energy

Enbridge

NextEra Energy

Phillips 66

Exxon Mobil

While energy stocks as a broader market segment have been rather inconsistent this year, over the long run, demand should turn decisively in the positive direction. It really comes down to simple math.

7 Energy Stocks That Have Much More Room to Run

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) is mourning the accidental passing of its long-standing board member and board chair Ian Bruce on Sunday, October 15 at his cottage in Ontario. “We are heartbroken with this tragic loss of a dear friend and valued colleague. I have worked with Ian since he joined our board more than a decade ago. He was a dedicated husband and father who was very proud of his family. We extend our deepest condolences to Ian's wife Darlene, t.

Cameco Mourns Loss of Long-Time Board Chair Ian Bruce

Cameco Corp's (CCJ) third-quarter 2023 results are likely to reflect higher average realized uranium prices and lower care and maintenance costs, somewhat offset by lower production.

Cameco Corp (CCJ) to Report Q3 Earnings: What to Expect

Uranium Energy

Sprott Uranium Miners ETF

Uranium prices have reached their highest level in more than a decade as a global supply shortage persists, with the bull market for uranium investments still in its “earliest days.”

Why uranium prices have climbed to their highest in over a decade

Advanced Micro Devices

CME Group

Mobileye Global Inc

Microsoft

Palantir Technologies

Super Micro Computer

Tesla

Open-minded investors will find several reasons to be bullish equities into Q4, including seasonality, sentiment, and Fed pivot potential. As a result, investors should pay attention to the many bullish set-ups emerging.

Chart Storm: 6 Strong Technical Set-Ups for Q4

Denison Mines

The uranium mining sector, which faced a significant downturn following the Fukushima nuclear accident in 2011, is showing signs of revival. This resurgence is driven by the growing global focus on climate change and the need for cleaner energy sources.

5 biggest uranium stocks - and 5 more you haven't heard about yet

Over the past three months, uranium prices have surged by 27%. Over the past three months, Cameco's stock price has surged by 34%.

Why Cameco Stock Dropped Suddenly on Monday

Cameco (CCJ) shares rise due to the surge in the price of uranium and favorable market fundamentals.

Cameco (CCJ) Hits a 52-Week High: What's Aiding Its Rally?

Uranium ore market is entering a bullish cycle due to political instability, global commodity deficit, and new energy projects. EU countries need to diversify uranium ore imports, leading to increased volatility in the spot market. Cameco's financial results are expected to improve significantly, making it an attractive opportunity for long-term investors.

Cameco: Our Pick For The Uranium Bullish Cycle

Uranium prices have appreciated over 40% in the last year, making nuclear energy an attractive investment opportunity. Cameco Corporation has seen a 38% increase in stock price and has a strong balance sheet and backlog. The demand for uranium is expected to surge, and Cameco is a good long-term play for investors looking to profit from the nuclear energy sector.

Cameco: Nuclear's Bright Future Is Already Priced In

Cameco stock has risen by 35% since May, but this analysis suggests a strong near-term outlook. Strong uranium prices are expected to drive a 20% share price appreciation. The completion of the acquisition of a 49% interest in Westinghouse Electric Company is expected to further increase profits.

Cameco: Bright Near-Term Outlook With Improving Market Fundamentals, 20% Upside

Cameco will benefit from the long-term worldwide nuclear electric renaissance. In the short term, a production shortfall could occur in their key uranium mines that may affect 2023 financial performance. If properly managed, I believe Cameco can overcome this challenge to meet its 2023 delivery commitments.

Cameco: Uranium Production Challenged, Customer Demand Increasing

Airbnb

Chipotle

AllianceBernstein Hld

American Express

Boston Properties

Centene

Domino's Pizza

Con Ed

Lincoln National

Lowe's

Lululemon Athletica

Lamb Weston Hlds

MongoDB

Newell Brands

Paychex

Scotts Miracle-Gro

SoFi Technologies

Stryker

Toll Brothers

Warner Bros Discovery Inc

Here are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter's notebook.

Here are 19 stocks Jim Cramer is watching, including Chipotle, LULU and Airbnb

News for Cameco Stock (CCJ)