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Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in Constellation Energy's sweeping nuclear deal sparks rally in power sector stocks Oct 06, 2026, 8:38 PM ETConstellation Energy Corporation (CEG) Stock, GOOG Stock, GOOGL Stock, XLUNRG, VST, TLNBy : Carl Surran, SA News Editor Constellation Energy (CEG) surged 12.2% on Tuesday, making it one of the top two gainers on the S&P 500, after unveiling a 20-year power purchase agreement with Google (GOOG) (GOOGL) supporting the addition To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights The deal is seen as high-quality, low-risk growth that enhances CEG's earnings visibility and derisks its capital deployment strategy. The deal demonstrates CEG's ability to drive growth via commercial deals, rather than dependence on political outcomes. Shares of other power producers surged, and the top utilities ETF rose by 3%, following the announcement.
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