{
 "ticker": "CEG",
 "name": "Constellation Energy",
 "url": "https://grantbishop.pages.dev/index/CEG",
 "sells": "Constellation Energy sells electricity generated at its nuclear and gas plants, supplying the grids that data centers draw from.",
 "why": "We follow it because the power to run AI, not the chips, now sets the pace of the build, and its business supplies that power.",
 "questions": [
  {
   "slug": "power",
   "question": "Who supplies the power?",
   "url": "https://grantbishop.pages.dev/index/q/power"
  }
 ],
 "tests": [
  {
   "id": "W-3",
   "claim": "Spare rented computing capacity moves work around; it does not cancel new power and cooling construction, which follows capital spending, not chip scarcity.",
   "url": "https://grantbishop.pages.dev/claims/spare-compute-does-not-stop-power-building"
  }
 ],
 "reports_next": null,
 "latest_disclosed": {
  "form": "10-Q",
  "filed": "2026-08-06",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/ceg-20260630.htm"
 },
 "disclosed": [],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-Q filed 2026-08-06 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [
   {
    "form": "10-Q",
    "filed": "2026-11-09",
    "period": "2026-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000119/ceg-20260930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-11-09",
    "period": "2026-11-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000116/ceg-20261109.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-08-06",
    "period": "2026-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/ceg-20260630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-08-06",
    "period": "2026-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000097/ceg-20260806.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-08-05",
    "period": "2026-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000089/ceg-20260804.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-07-14",
    "period": "2026-07-14",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000080/ceg-20260714.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-06-02",
    "period": "2026-06-01",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000110465926069482/tm2616531d1_8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-05-11",
    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000067/ceg-20260331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-05-11",
    "period": "2026-05-11",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000063/ceg-20260511.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-05-01",
    "period": "2026-04-28",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000050/ceg-20260428.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K/A",
    "filed": "2026-04-20",
    "period": "2026-04-17",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000110465926045036/tm2611747d1_8ka.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-03-31",
    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000045/ceg-20260331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-03-26",
    "period": "2026-03-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000041/ceg-20260323.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-03-20",
    "period": "2026-03-20",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000037/ceg-20260320.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2026-02-24",
    "period": "2025-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000032/ceg-20251231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-02-24",
    "period": "2026-02-24",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000029/ceg-20260224.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K/A",
    "filed": "2026-02-10",
    "period": "2025-09-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000016/ceg-20250923.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-01-15",
    "period": "2026-01-15",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000009/ceg-20260115.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-01-13",
    "period": "2026-01-13",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000005/ceg-20260113.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-01-07",
    "period": "2026-01-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000110465926001780/tm2532248d1_8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-12-23",
    "period": "2025-12-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000119/ceg-20251223.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-12-17",
    "period": "2025-12-17",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000112/ceg-20251217.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-12-09",
    "period": "2025-12-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000110465925119690/tm2532248d2_8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-12-09",
    "period": "2025-12-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000110465925119687/tm2532248d3_8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-11-21",
    "period": "2025-11-21",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000107/ceg-20251121.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-11-18",
    "period": "2025-11-17",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000099/ceg-20251117.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-11-12",
    "period": "2025-11-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000094/ceg-20251109.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-11-07",
    "period": "2025-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000092/ceg-20250930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-11-07",
    "period": "2025-11-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000089/ceg-20251107.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-09-29",
    "period": "2025-09-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000078/ceg-20250923.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-08-07",
    "period": "2025-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000073/ceg-20250630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-08-07",
    "period": "2025-08-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000070/ceg-20250807.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-07-22",
    "period": "2025-07-22",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000060/ceg-20250722.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-05-06",
    "period": "2025-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000044/ceg-20250331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-05-06",
    "period": "2025-05-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000040/ceg-20250506.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-05-01",
    "period": "2025-04-29",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000029/ceg-20250429.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2025-02-18",
    "period": "2024-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000023/ceg-20241231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-18",
    "period": "2025-02-18",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000020/ceg-20250218.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-01-13",
    "period": "2025-01-10",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000011/ceg-20250110.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-01-10",
    "period": "2025-01-10",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827525000006/ceg-20250110.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2024-12-13",
    "period": "2024-12-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827524000078/ceg-20241209.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2024-11-04",
    "period": "2024-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827524000069/ceg-20240930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2024-11-04",
    "period": "2024-11-04",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827524000066/ceg-20241104.htm",
    "what_it_said": null,
    "from_piece": null
   }
  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 276.09,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 247,
   "high": 277.66,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 228.63,
   "low_date": "2026-07-01",
   "high": 380.78,
   "high_date": "2025-12-12",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": {
   "value": 97820724268,
   "currency": "USD",
   "as_of": "2026-11-09",
   "computed": "the last close times the shares outstanding on the filing cover",
   "shares": {
    "count": 354307379,
    "as_of": "2026-07-31",
    "form": "10-Q",
    "filed": "2026-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/"
   }
  },
  "forward_multiple": null,
  "checked_at": "2026-11-11 01:00:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}