Centrus provides value to its utility customers through the reliability and diversity of its supply sources – helping them meet the growing need for clean, affordable, carbon-free electricity. Since 1998, the Company has provided its utility customers with more than 1,750 reactor years of fuel, which is equivalent to 7 billion tons of coal.
Advanced Reactor Concepts, LLC, and Centrus Energy Corp. (NYSE American: LEU) have signed a letter of intent to cooperate in supporting deployment of U.S. uranium enrichment capacity to produce High Assay, Low Enriched Uranium (HALEU) – an advanced nuclear fuel that could power both existing and next-generation nuclear reactors, including ARC's innovative sodium-cooled fast reactor design, the ARC-100. While the letter is non-binding and non-exclusive, it reflects the parties' long-term commitment to enter into a purchase agreement that would enable Centrus to supply commercial HALEU that ARC needs to deploy its reactor technology in the late 2020s.
Dan Poneman became the CEO of Centrus Energy Corp. (NYSEMKT:LEU) in 2015. This report will, first, examine the CEO...
BETHESDA, Md., Oct. 9, 2019 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that it successfully completed decontamination and decommissioning (D&D) of the U.S. Department of Energy's K-1600 facility in Oak Ridge, Tennessee, on time and on budget. Centrus finished the $15 million project in just one year. "I'm pleased our team was able to deliver the results the Department expected on a very short timetable," said Centrus President and CEO Daniel B. Poneman.
Q3 2019 Centrus Energy Corp Earnings Call
Dan Poneman became the CEO of Centrus Energy Corp. (NYSEMKT:LEU) in 2015. This analysis aims first to contrast CEO...
A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp, a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new nuclear power plant fuel. The Department of Energy (DOE) issued a notice of intent in January to award a no-bid $115 million contract to Centrus to demonstrate by June 2022 production of a new fuel called high-assay low-enriched uranium, known as HALEU, which one day could be used in advanced nuclear reactors.
Q1 2020 Centrus Energy Corp Earnings Call
Q4 2019 Centrus Energy Corp Earnings Call
Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, March 26, 2020, at 8:30 a.m. ET. The Company will release its year-end earnings report for its fiscal 2019, which ended December 31, 2019, after the close of markets on Wednesday, March 25.
Centrus Energy Corp. (NYSE American: LEU) today reported net income of $11.3 million for the quarter ended March 31, 2020, compared to a net loss of $20.9 million for the first quarter of 2019. The net income allocable to common stockholders was $9.3 million, or $0.97 (basic) and $0.95 (diluted) per common share, compared to a net loss allocable to common stockholders of $22.9 million or $2.40 per common share (basic and diluted), for the first quarter of 2019.
BETHESDA, Md., Nov. 5, 2019 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced the company has signed a three-year contract with the U.S. Department of Energy (DOE) to deploy a cascade of centrifuges to demonstrate production of high-assay, low-enriched uranium (HALEU) fuel for advanced reactors. The program has been under way since Centrus and DOE signed a preliminary letter agreement on May 31, 2019, which allowed work to begin while the full contract was still being finalized.
Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, May 12, 2020, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2020, which ended March 31, 2020, after the close of markets on Monday, May 11.
It hasn't been the best quarter for Centrus Energy Corp. (NYSEMKT:LEU) shareholders, since the share price has fallen...
Centrus Energy Corp. (NYSE American: LEU) today announced that on April 13, 2020 it entered into a Voting and Nomination Agreement with Mr. Morris Bawabeh, Kulayba LLC and M&D; Bawabeh Foundation, Inc., (MB Group) who collectively are beneficial owners of approximately 18.1% of the outstanding shares of Class A common stock as of the date of the Voting Agreement.
- Net income of $22.8 million - an improvement of $30.6 million compared to the net loss of $7.8 million in 3Q 2018 - Remain on track to return to profitability in 2020 - Repaid the $27.5 million principal ...
A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp, a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new fuel for nuclear power plants. The Energy Department issued a notice of intent in January to award a no-bid $115 million contract to Centrus to demonstrate by June 2022 production of a new fuel called high-assay low-enriched uranium, known as HALEU, which one day could be used in advanced nuclear reactors. "We are deeply concerned about the Department of Energy’s award to Centrus Energy Corporation to demonstrate a method of producing" HALEU, the lawmakers said in a letter to Energy Secretary Rick Perry.
BETHESDA, Md., Nov. 4, 2019 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 8, 2019, at 8:30 a.m. ET. The Company will release its third quarter 2019 earnings report for the period ended September 30, 2019, after the close of markets on Thursday, November 7. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com.
A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp, a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new nuclear power plant fuel. The Department of Energy (DOE) issued a notice of intent in January to award a no-bid $115 million contract to Centrus to demonstrate by June 2022 production of a new fuel called high-assay low-enriched uranium, known as HALEU, which one day could be used in advanced nuclear reactors.
Centrus Energy Corp. (NYSE American: LEU) today reported results for the fourth quarter 2019 and full year ended December 31, 2019.