Nucor Reports Net Earnings of $287mn in the 4Q:24

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Jan.2025) — Nucor Corporation announced consolidated net earnings attributable to Nucor stockholders of $287mn, or $1.22 per share diluted, in the fourth-quarter 2024 (4Q:24) compared to $250mn, or $1.05/share diluted, in the 3Q:24.  Excluding non-cash impairment charges taken during the quarter, Nucor’s 3Q:24 […]

Nucor Announces 3Q:24 Guidance

(Energy Analytics Institute, 17.Sep.2024) — Nucor Corporation announced guidance for its third quarter ending 28 Sep. 2024. Nucor expects third quarter earnings to be in the range of $0.87 to $0.97 per diluted share. After adding back certain one-time non-cash charges totaling approximately $0.43 per diluted share, described below, we expect third quarter adjusted earnings per diluted […]

Nucor Announces 206th Consecutive Cash Dividend

(Energy Analytics Institute, 12.Sep.2024) — The Board of Directors of Nucor Corporation declared the regular quarterly cash dividend of $0.54 per share on the company’s common stock. This cash dividend is payable on 8 Nov. 2024 to stockholders of record on 27 Sep. 2024 and is Nucor’s 206th consecutive quarterly cash dividend, the company said 12 Sep. 2024 […]

Nucor Reveals 1Q:24 Earnings Guidance

(Nucor, 14.Mar.2024) —  Nucor Corporation (NYSE: NUE) announced guidance for its first quarter ending March 30, 2024. Nucor expects first quarter earnings to be in the range of $3.55 to $3.65 per diluted share. Nucor reported net earnings of $3.16 per diluted share in the fourth quarter of 2023 and […]

Nucor Corp. Reports 3Q:23 Results

(Nucor, 23.Oct.2023) — Nucor Corporation (NYSE: NUE) announced consolidated net earnings attributable to Nucor stockholders of $1.14bn, or $4.57 per diluted share, for the third quarter of 2023. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $1.46bn, or $5.81 per diluted share, for the second quarter of 2023 and $1.69bn, or $6.50 per diluted share, for […]

River Metals Recycling Announces Acquisition

(Nucor, 16.Oct.2023) — Nucor Corporation (NYSE: NUE) announced an acquisition today on behalf of its recycling subsidiary River Metals Recycling (RMR). RMR has acquired all Cincinnati-based Garden Street Iron & Metal assets, including one feeder and one shredder yard, bringing RMR’s total number of recycling facilities to 19. This is consistent with […]

Nucor and Helion to Develop 500 MW Fusion Power Plant [PDF Download]

(Nucor, 27.Sep.2023) — Today, Nucor Corporation (NYSE: NUE) announced a collaboration with fusion power company, Helion to develop a 500 MW fusion power plant. This transformational project will offer baseload zero-carbon electricity from fusion directly to a Nucor steelmaking facility. Nucor and Helion are working together to set a firm timeline and […]

Nucor Enters Into CCS Agreement with ExxonMobil

(Nucor, 1.Jun.2023) — Nucor Corporation (NYSE: NUE) signed an agreement with ExxonMobil to capture, transport, and store carbon from the company’s direct reduced iron (DRI) plant in Convent, Louisiana. ExxonMobil will capture up to 800,000 metric tons per year of CO2 from the DRI plant and store the CO2 at an ExxonMobil-owned […]

Nucor Reports 1Q:23 Results

(Nucor, 20.Apr.2023) — Nucor Corporation (NYSE: NUE) announced net earnings attributable to Nucor stockholders of $1.14bn, or $4.45 per diluted share, for the first quarter of 2023. By comparison, Nucor reported net earnings attributable to Nucor stockholders of $1.26bn, or $4.89 per diluted share, for the fourth quarter of 2022 and $2.10bn, or $7.67 per diluted share, for the […]

New Nucor Steel Brandenburg Plate Mill Rolls First Plate

(Nucor, 3.Jan.2023) — Nucor Corporation (NYSE: NUE) announced today that the company’s new state-of-the-art steel plate mill in Brandenburg, Kentucky, rolled its first steel plate on Friday, 30 December 2022, 2022. Nucor Steel Brandenburg will focus on final commissioning of the mill in the first quarter of 2023 and will ship the first […]

Nucor Joining the UNs 24/7 Carbon-Free Energy Global Compact

(Nucor, 15.Nov.2022) — Nucor Corporation (NYSE: NUE) is joining the United Nations 24/7 Carbon-Free Energy Global Compact (“Compact”).  Nucor is the first major industrial company to join this global effort, which is aimed at accelerating the decarbonization of the world’s electricity systems to mitigate climate change and ensure access to clean […]

New Nucor Steel Plate Mill Pursuing LEED v4 Certification

(Nucor, 20.Sep.2022) — Nucor Corporation ( NYSE: NUE) announced that the new steel plate mill being built in Brandenburg, Kentucky has publicly registered to pursue LEED v4 for Building and Design certification. Nucor Steel Brandenburg is the first steel mill in the world to pursue certification under LEED v4, which is more stringent than […]

Nucor Expects Record 2Q:22 Quarterly Earnings

(Nucor, 15.Jun.2022) — Nucor Corporation (NYSE: NUE) announced guidance for its second quarter ending 2 July 2022. Nucor expects second quarter earnings to be in the range of $8.75 to $8.85 per diluted share, which would surpass the previous quarterly earnings record of $7.97 per diluted share set in the fourth quarter of 2021. Nucor reported net […]

Nucor Announces Executive Changes

(Nucor, 13.May.2022) — Nucor Corporation (NYSE: NUE) announced that MaryEmily Slate, Executive Vice President of Commercial, plans to retire due to health issues on 11 June 2022 after more than 21 years of service with Nucor.  Ms. Slate began her career with Nucor in 2000 as District Sales Manager at Nucor Steel Arkansas.  She […]

Nucor to Build New Rebar Micro Mill in North Carolina

(Nucor, 7.Apr.2022) — Nucor Corporation (NYSE: NUE) will build a new rebar micro mill in Lexington, North Carolina, which is located in Davidson County. This will be Nucor’s third rebar micro mill, joining existing Nucor micro mills in Missouri and Florida. The Nucor Steel Lexington mill is expected to cost approximately $350mn and have an annual capacity of […]

Nucor Announces Guidance for 1Q:22 Earnings

(Nucor Corp., 17.Mar.2022) — Nucor Corporation (NYSE: NUE) announced guidance for its first quarter ending 2 April 2022. Nucor expects to achieve a new record for first quarter earnings in the range of $7.20 to $7.30 per diluted share. Fourth quarter of 2021 earnings were $7.97 per diluted share and first quarter of 2021 earnings were $3.10 per diluted share. […]

NRGBriefs: Trinidad’s Future Depends on Venezuelan Gas [PDF Downloads]

(Energy Analytics Institute, 23.Feb.2022) — Energy briefs including Argentina looking to import 65 LNG cargoes in 2022 compared to 56 in 2021; Trinidad and Tobago’s reemergence over the short-term as a dominant LNG exporter will depend heavily on its ability to tap into Venezuelan offshore gas; Nucor Corp. (NYSE: NUE) revealing […]

NRGBriefs: Nucor Corp. Declares Regular Quarterly Cash Dividend

(Energy Analytics Institute, 22.Feb.2022) — Energy briefs including the BODs of Nucor Corporation (NYSE: NUE) declaring the regular quarterly cash dividend of $0.50/shr on Nucor’s common stock; Select Energy Services reporting revenue of $255mn generated during the 4Q:21, up 25% sequentially from the 3Q:21; B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: […]

Nucor Affiliates Reveal Two Acquisitions

(Nucor, 1.Oct.2021) — Nucor Corporation (NYSE: NUE) announced two acquisitions today on behalf of The David J. Joseph Company (DJJ).  The addition of these new recycling locations, representing a 10% growth in capacity, is consistent with Nucor’s growth strategy and demonstrates our commitment to expanding the regional recycling platforms supporting […]

US Briefs: Valaris GOM Deal, Nucor Cash Dividend

(Energy Analytics Institute, 8.Jun.2021) — Energy briefs from North America including: Valaris Limited revealing a Gulf of Mexico floater contract award, and Nucor Corporation revealing its 193rd consecutive cash dividend. Valaris Reveals GOM Floater Contract Award Offshore drilling services provider Valaris (NYSE: VAL) was awarded a three-year contract with Chevron […]

Nucor Inks Virtual Power Purchase Deal In Texas

(Nucor, 13.Nov.2020) — Nucor Corporation signed a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 megawatts (MWac) of new solar energy in Texas. The agreement, which will enable EDFR to add more clean energy to the region’s power grid, is Nucor’s first VPPA and […]