USEC Inc. (USEC), a global energy company is a supplier of low enriched uranium (LEU) for commercial nuclear power plants. USEC supplies LEU to both domestic and international utilities for use in about 150 nuclear reactors globally. It provides transportation and storage systems for spent nuclear fuel and provide nuclear and energy consulting services. The Company produces or acquires LEU from two principal sources. It produces LEU at the Paducah gaseous diffusion plant (GDP) in Paducah, Kentucky. It acquires LEU by purchasing the SWU component of LEU from Russia under the Megatons to Megawatts program.
Symbol: USEC
Address
2 Democracy Center 6903 Rockledge Drive
Bethesda, MD 20817
United States - Map
(301) 564-3200
http://www.usec.com
USEC is one of those stocks that is currently trading under book value. The company is in supply and consulting service industry for nuclear services which is growing. I would like to see the company pay down some debt but looks like they are in expansion mode which isn’t a bad thing. The margins are decent but what makes this a big play is the share price is way undervalued. USEC is currently trading at $4.48. I would put a fair value at $14.50 a share.
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