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
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, solaβ¦
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 ofβ¦
Accumulation Zones
| Metric |
CEG |
SLB |
| Zone Low |
$221.00 |
$24.01 |
| Zone High |
$251.00 |
$27.21 |
| In Buy Zone? |
No
|
No
|