Below is a list of nuclear energy stocks. Would you be surprised if I told you we don’t have enough fossil fuels to power the Earth indefinitely? Scientists and activists have been saying this for decades.
Furthermore, fossil fuels contribute to global warming and pollution. Many alternatives, such as solar, electric, and wind power, don’t generate enough power quickly.
For many decades, nuclear power has been a taboo subject due to incidents and misuse (war). Today, however, it is back on many countries’ radars due to its many benefits.
Many companies also heavily invest in nuclear energy to make it a primary energy source globally. To understand nuclear energy and some industry-leading companies, you need to know everything about it.
Nuclear Energy Stocks List 2025
| Symbol | Name |
|---|---|
| BWXT | BWX Technologies Inc |
| CCJ | Cameco Corporation |
| CEG | Constellation Energy Corp |
| SMR | NuScale Power Corporation |
| VST | Vistra Corp |
Nuclear Energy Stocks Introduction
Nuclear energy is found in the core of atoms and released through nuclear reactions like fission and fusion. Uranium is the most common fuel used in nuclear power plants. A single uranium pellet produces energy equivalent to 150 gallons of oil.
As of 2023, nuclear energy provides about 10-20% of the world’s electricity, powering homes, schools, hospitals, and more.
Nuclear power primarily uses fission (splitting atoms to release enormous amounts of energy by heat). In contrast, fusion (the sun’s energy source) remains in the research and development phase.
Major Nuclear Energy Produces & Suppliers
Several countries use nuclear energy as a significant part of their power generation, which helps nuclear energy stocks succeed. Here are some of the top nuclear energy-producing and supplying countries.
- United States – The US is the world’s largest producer of nuclear energy, with over 90 operating reactors. It accounts for 30.9% of the global nuclear electricity supply.
- France – France ranks third globally, producing 13.3% of global nuclear electricity with 58 reactors. The country generates about 70% of its electricity from nuclear power.
- China – China is expanding its nuclear capacity, with 51 operational reactors and 18 under construction. It is looking beyond its borders for new suppliers.
- Russia is the fourth-largest producer of nuclear electricity, generating 7.9% of global nuclear electricity with 39 reactors. It is also a major exporter.
- Canada is the second-largest uranium producer and sixth-largest nuclear-generating country. It has developed a unique nuclear reactor technology called CANDU (Canadian Deuterium-Uranium). In 2022, Canada exported 80% of its uranium production for use in nuclear power generation worldwide. As the Canadian climate worsens, more uranium will likely be discovered, leading Canada to generate more nuclear power in the upcoming decades.
- Kazakhstan – Kazakhstan is the world’s leading uranium producer (43% of global production and 12% of the world’s supply). They’re building a fuel fabrication plant with 49% Chinese equity, but the country does not have operational nuclear power plants for electricity generation. Thanks to its massive uranium supply, Kazakhstan could become a major player in the upcoming decades.
Nuclear Energy Benefits
Nuclear energy provides many significant benefits across many levels. The more companies that switch to it, the better their nuclear energy stocks will perform.
- Clean and low-carbon: Nuclear power is a major source of clean and carbon-free electricity since it doesn’t emit greenhouse gases during operation. It generates nearly half of the US emissions-free electricity, avoiding about 471M metric tons of carbon annually.
- Reliable and efficient: Nuclear plants provide a stable and reliable power source. They can operate at high capacity regardless of weather conditions.
- Economic impact: The nuclear industry supports nearly 500,000 jobs in the US, with salaries 50% higher than other generation sources.
- Energy security: Nuclear power enhances energy security by providing a stable, domestic source of electricity.
- Technological innovation: Finally, the nuclear industry drives innovation in areas like small modular reactors, which could offer more flexibility and reduced construction times. Nuclear technology has applications beyond electricity generation, such as medicine and space exploration.
Dangers of Nuclear Energy
Unfortunately, it’s not all rainbows and butterflies for nuclear energy stocks. This energy source also has many potential dangers.
- Radiation: Nuclear power plants and waste facilities can release radioactive materials, potentially causing increased cancer rates, long-term health impacts from nuclear accidents, and occupational hazards for nuclear industry workers.
- Environmental hazards: Nuclear power produces radioactive waste which can be hazardous for thousands of years and requires careful long-term storage. No long-term storage solutions exist.
- Water usage: Nuclear power plants require significant water, primarily for cooling. A typical US nuclear plant uses about 320 billion gallons of water annually, equivalent to 480,000 Olympic pools. However, water usage varies depending on the cooling system employed.
- Accident potential: In the past, major accidents like Chornobyl and Fukushima have caused global contamination. Nuclear infrastructure must be constantly maintained, and unexpected climate events can increase the risk of an accident.
- Security threats: Nuclear plants are potential targets for terrorism or military strikes. An attack could wipe out an entire city in a matter of seconds. There is also the fear that nuclear technology could be used as a weapon (Hiroshima & Nagasaki during WW2).
Nuclear Energy Stocks Breakdown
Let’s get to the interesting part if you’re here as an investor. Uranium futures contracts are available on the CME/COMEX exchange. These standardized contracts allow traders to speculate on future uranium prices (commodity).
The UX contract is based on the UxC U3O8 price and trades in 250-pound units. If this doesn’t interest you, here are a few nuclear energy stock companies that might.
1. Constellation Energy Corp (NASDAQ: CEG)
We begin our nuclear energy stocks list with Constellation Energy, one of the US’s largest producers of carbon-free energy, with a significant focus on nuclear power. The company operates the nation’s largest fleet of nuclear plants.
Recently, Constellation struck a major deal with Microsoft to supply energy to AI data centers.
2. BWX Technologies Inc (NYSE: BWXT)
BWX is a leading supplier of nuclear components and fuel to the US government. They operate one of the largest nuclear manufacturing facilities and are well-positioned to capitalize on the expected growth in nuclear energy demand.
It is expanding its capabilities to support investments in Small Modular Reactors (SMRs), conventional large-scale nuclear plants, and advanced reactors.
3. Vistra Corp (NYSE: VST)
We continue this nuclear energy stocks list with Vistra Corp, one of the US’s largest power producers and retail energy providers. The company has a diverse portfolio that includes significant nuclear assets.
It operates the second-largest nuclear fleet in the country and has substantial energy storage capacity. Vistra’s broad energy mix, which includes nuclear, solar, battery storage, and natural gas, positions it well to benefit from the ongoing energy transition.
The company’s stock performance has been impressive (up 300% YTD) and outperformed many S&P 500 competitors.
4. Cameco Corporation (NYSE: CCJ)
Cameco is one of the world’s biggest uranium producers. As uranium prices have surged by about 60% YTD, Cameco’s stock price has also increased (41% YTD).
The company is involved in multiple uranium projects globally and is well-positioned to benefit from the increasing demand for nuclear fuel.
With the growing interest in nuclear energy for powering AI data centers and the push for clean energy, Cameco stands to gain from the potential expansion of nuclear power worldwide.
Its strong market position in uranium production makes it a key player in the industry. Hence, it’s included in our list of nuclear energy stocks.
5. NuScale Power Corporation (NYSE: SMR)
NuScale Power is one of the leading developers of Small Modular Reactor (SMR) technology, representing the next generation of nuclear power plants.
These smaller, scalable reactors offer potential cost, flexibility, and safety advantages over traditional large-scale plants, making them a great addition to our nuclear energy stocks list.
6. Notable Mentions – Canadian Companies
As mentioned earlier, Canada could become a powerhouse for nuclear energy and uranium. As a result, many Canadian companies are heavily investing in uranium and nuclear power.
Here are a few examples of nuclear energy stocks that are much riskier than the ones mentioned in the previous section.
- NexGen Energy Ltd (NYSE: NXE) is a uranium exploration company focused on developing its Rook I project in Saskatchewan. Its assets are in one of the world’s best mining jurisdictions.
- Fission Uranium (TSE: FCU) – Fission Uranium is a pre-revenue company with 100% interest in the Triple R uranium deposit near the Athabasca basin.
- CanAlaska Uranium (CSE: CVV) – CanAlaska’s portfolio is in the Athabasca Basin, including the West McArthur property near Cameco’s operations.
Nuclear Energy ETFs
Many industries and sectors offer ETFs for investors who want broader exposure instead of being tied up in one company. Here are a few nuclear energy stocks ETFs linked to uranium.
- Global X Uranium ETF (NYSEARCA: URA)
- Sprott Uranium Miners ETF (NYSEARCA: URNM)
- Sprott Junior Uranium Miners ETF (NASDAQ: URNJ)
Final Thoughts: Nuclear Energy Stocks
To conclude, uranium is a hazardous chemical element that is essential in producing nuclear energy and is very clean and efficient. Many companies are investing in uranium and nuclear energy stocks, catching investors’ attention. Nuclear energy and uranium exploration seem to have a bright future and could be essential in our transition to clean energy. What are you waiting for if they aren’t in your portfolio yet?
Please do not trade any of the securities on this Nuclear energy stocks list unless you know how to trade.
Frequently Asked Questions
What Are the Best Nuclear Stocks to Buy?
Constellation Energy, BWX Technologies, Vistra Corp, Cameco, and NuScale are some of the leaders in nuclear energy.
Are Nuclear Stocks a Good Investment?
In the last 12 months, many nuclear energy stocks have increased by over 100%, and they are well-positioned to continue growing as demand rises in the years and decades ahead.
Can You Invest in Uranium Directly?
Uranium futures contracts are available on the CME/COMEX exchange. These standardized contracts allow traders to speculate on future uranium prices. The UX contract is based on the UxC U3O8 price and trades in 250-pound units.
