CEG vs SLB: Which Is the Better Buy?

Side-by-side comparison of Constellation Energy Corporation and SLB N.V. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-08-06.
Constellation Energy Corporation Β· Utilities
$265.12
+11.3% upside to fair value
Med Conviction Grade B-
VS
SLB N.V. Β· Energy
$48.09
-33.4% upside to fair value
Grade C
QuantHub Verdict
CEG has more upside to fair value (+11.3%). SLB trades at a lower forward P/E (21.8x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric CEG SLB
Current Price $265.12 $48.09
Fair Value Estimate $295.00 $32.01
Upside to Fair Value +11.3% -33.4%
Market Cap $95.2B $71.9B
Forward P/E 22.6x 21.8x
EV / EBITDA 12.6x 10.9x
Price / Sales 2.9x 2.0x
Price / FCF 196.2x 15.4x
Revenue Growth YoY +35.3% +2.7%
Gross Margin 44.6% 17.3%
Operating Margin 14.6% 14.4%
Return on Equity 11.1% 13.5%
Dividend Yield 0.64% 0%
FCF Yield 0.51% 6.51%
Analyst Consensus Buy Strong Buy
Investment Thesis
CEG β€” Constellation Energy Corporation
Constellation Energy is the largest private-sector power producer in the world and the largest operator of nuclear plants in the United States, controlling roughly 32,400 megawatts of largely carbon-free generation before its January 2026 acquisition of Calpine added about 23 gigawatts of natural gas and geothermal capacity to create a nearly 60 gigawatt platform spanning nuclear, gas, wind, sola…
SLB β€” SLB N.V.
SLB N.V. is a global leader in oilfield services, specializing in well construction, production systems, reservoir performance, and digital solutions. The company benefits from a durable competitive moat anchored in technology, integrated service breadth, and global infrastructure, with a management team that has long tenure and deep industry experience. Despite solid free cash flow generation of…
Accumulation Zones
Metric CEG SLB
Zone Low $221.00 $24.01
Zone High $251.00 $27.21
In Buy Zone? No No
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