--- title: "Why Centrus Energy Stock Leaped 5% Higher Today" description: "Centrus Energy's stock rose 5% after the company announced a contract extension with the U.S. Department of Energy to produce high-assay, low-enriched uranium (HALEU) through June 30, 2026. This news " type: "news" locale: "en" url: "https://longbridge.com/en/news/245512929.md" published_at: "2025-06-20T22:19:46.000Z" --- # Why Centrus Energy Stock Leaped 5% Higher Today > Centrus Energy's stock rose 5% after the company announced a contract extension with the U.S. Department of Energy to produce high-assay, low-enriched uranium (HALEU) through June 30, 2026. This news comes as Centrus partners with Oklo to supply HALEU for a new nuclear plant in Alaska. The Department of Energy also holds options for further extensions, potentially extending the contract for up to eight more years, positioning Centrus favorably in the nuclear energy sector. **Centrus Energy** (LEU 5.27%) attracted the right kind of energy on the stock exchange Friday. The company's shares closed that session 5% higher, after it published news of an important contract renewal. That pop looked particularly impressive when matched against the **S&P 500**'s (^GSPC -0.22%) trajectory, which dipped into the red with a 0.2% decline. ## An energetic extension Before market open that morning, Centrus divulged that the U.S. Department of Energy (DoE) exercised its option to extend the company's contract to produce for it high-assay, low-enriched uranium (HALEU). The extension now runs through June 30, 2026. Image source: Getty Images. HALEU is a type of nuclear fuel that has a level of enrichment considered most suitable for current nuclear reactor technology, including the small nuclear reactors (SMRs) that have recently come into vogue. In what's probably not a coincidence, Centrus' latest news comes barely a week after its business partner **Oklo** was tapped to build and operate a nuclear plant to supply heat and electricity to an Air Force base in Alaska. The two companies have a memorandum of understanding (MOU) in place for Centrus to supply HALEU for Oklo's projects. ## The trend is its friend In its press release on the contract extension, Centrus added that the DoE holds options for further extensions to the existing contract. It could opt to keep Centrus's HALEU supply going for as much as a further eight years. So it's not only good news that a major business for the company has a longer runway, but it's looking for more as time goes by. Assuming President Trump's embrace of nuclear energy remains in place (and possibly outlives his administration), Centrus will be in a very good position indeed. ### Related Stocks - [LEU.US - Centrus Energy](https://longbridge.com/en/quote/LEU.US.md) - [OKLO.US - Oklo](https://longbridge.com/en/quote/OKLO.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Centrus Energy｜8-K：2025 财年营收 4.49 亿美元超过预期 | | [Link](https://longbridge.com/en/news/275516140.md) | | 美股盘中速递：美国能源部 9 亿资金助力，Centrus Energy 股价飙升 12.04% | Centrus Energy 涨 12.04%；Cameco 涨 1.08%，成交额达到 3.87 亿美元；Energy Fuels 涨 10.52%，成交额达到 2.71 亿美元；丹尼森矿业涨 6.53%，成交额达到 1.85 亿美元；U | [Link](https://longbridge.com/en/news/271559442.md) | | Baader Bank Aktiengesellschaft 出售了 4,866 股 Centrus Energy 公司的股票，代码为$LEU | Baader Bank Aktiengesellschaft 将其在 Centrus Energy Corp. (NYSE:LEU) 的持股比例减少了 67.8%，在第三季度出售了 4,866 股，剩余 2,310 股，价值 686,000 | [Link](https://longbridge.com/en/news/275735034.md) | | 美股盘中速递：Centrus Energy 跌 12.88%，核能政策利好难掩市场信心不足与超买风险 | Centrus Energy 跌 12.88%；Cameco 跌 1.11%，成交额达到 6.4 亿美元；Energy Fuels 跌 11.40%，成交额达到 4.4 亿美元；Uranium Energy 跌 8.76%，成交额达到 2. | [Link](https://longbridge.com/en/news/274189058.md) | | 美股夜盘异动：Centrus Energy 夜盘跌 8.06%，低于预期收入引发市场担忧，未来增长前景堪忧 | Centrus Energy 夜盘跌 8.06%；Energy Fuels 夜盘涨 1.88%，成交额达到 1.22 万美元；Cameco 夜盘跌 0.08%，成交额达到 4719 美元；Uranium Energy 夜盘涨 2.20%，成 | [Link](https://longbridge.com/en/news/275533981.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.