Cameco Corporation Sees Significant Boost in Share of Westinghouse’s Earnings
Cameco Corporation, a Saskatoon-based energy sector company, has announced a substantial increase in its share of Westinghouse’s 2025 adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization). This development is largely attributed to Westinghouse’s participation in the construction project for two nuclear reactors at the Duko site.
The expected increase is a significant milestone for Cameco, although the exact amount is not specified. Nonetheless, this news has likely had a positive impact on Cameco’s stock price, which has been trending upwards in recent times. In fact, the company’s shares have reached a 52-week high, indicating a strong market performance.
Cameco’s involvement in the nuclear energy sector is expected to continue driving growth, with the company’s website citing its commitment to exploring, developing, mining, refining, converting and fabricating uranium for use in nuclear power reactors. This strategic focus has positioned Cameco as a key player in the industry, and investors are taking notice.
Key Highlights:
- Cameco Corporation sees significant increase in share of Westinghouse’s 2025 adjusted EBITDA
- Expected increase attributed to Westinghouse’s participation in Duko site nuclear reactor construction project
- Cameco’s stock price trending upwards, reaching 52-week high
- Company’s commitment to nuclear energy sector driving growth and investor interest