EnergyReader · 2026-08-07 21:47

Cameco Q2 Beat Lifts Uranium ETF 3.64% as PJM Real-Time Power Holds at $78 Despite Capacity Shortfall

By EnergyReader Newsroom · August 7, 2026

The URA uranium ETF gained 3.64% on Friday (2026-08-07) as Cameco posted its fifth consecutive quarterly earnings beat. Q2 2026 revenue came in at $901.6 million, up 18% year over year, with non-GAAP EPS of $1.07 against a $1.042 consensus. PJM Western Hub real-time spot power stood at $78.03 per megawatt-hour on the same session. Nuclear equity moved; power prices did not.

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