Catalyst calendar
The repricing schedule is mostly public if you actually look at it.
AllI · Enrichment & HALEUII · Uranium conversion & deconversionIII · Uranium supply & miningIV · Fuel fabrication & TRISOV · Large forgings & heavy componentsVI · Zirconium & specialty metalsVII · SMR & advanced reactor platformsVIII · Restarts, uprates & nuclear utilitiesIX · Instrumentation, controls & outage servicesX · Private giants & exposure vehicles
July 2026
- 31mediumEarningsCCJCameco Q2 2026 earnings — Westinghouse equity contributionCameco's quarterly Westinghouse adjusted-EBITDA line is the cleanest public mark on the AP1000 owner; Q1 came in at $122M and the trajectory drives the CCJ-as-Westinghouse-proxy thesis.
August 2026
- 06mediumEarningsXEX-Energy Q2 2026 earnings — first full quarter as a public companyAs the first SMR-fuel developer freshly listed, XE's revenue-and-grant cadence (Q1 was ~$43M) tests whether the post-IPO narrative is backed by an executing orderbook or remains pre-deployment.
December 2026
- 31highPolicyWestinghouse/US government definitive agreements replacing the binding term sheetConversion of the October 2025 $80B partnership term sheet into definitive agreements (and the government's 20%-above-$17.5B participation/warrant) is the structural reprice trigger for CCJ and BEP and the precursor to any Westinghouse IPO.
- 16mediumProgramXEXe-100 construction permit — NRC 18-month review milestoneThe Xe-100 construction permit on its 18-month NRC clock is the regulatory gate that converts X-energy from a license call-option into a buildable orderbook for the Amazon/Energy Northwest and Dow projects.