BWX Technologies Inc (BWXT) Options

Down a little today: possible factors, but most of them sound temporary.....a good time to load up on lower priced BWXT stock.

BWXT (BWX Technologies) likely dropped today due to concerns raised during their Q3 earnings call regarding weather-related disruptions impacting operations, particularly a three-week shutdown of their Navy fuel processing facility caused by Hurricane Helene, which could lead to delayed customer payments and potentially affect their free cash flow guidance for the year; additionally, the company mentioned a continued lull in aircraft carrier volume, impacting their naval propulsion revenue growth through 2025 and possibly into 2026.
Key points from the earnings call that might have caused the stock decline:
Weather-related challenges:
The hurricane shutdown significantly impacted operations and could delay customer payments into 2025.
Lower commercial field services activity:
The Commercial Operations segment experienced decreased field services activity, partially offsetting growth in medical and commercial nuclear components.
Supply chain concerns:
While BWXT has managed supply chain issues well so far, they remain a potential risk factor.
Aircraft carrier volume lull:
The anticipated slowdown in aircraft carrier construction could impact future naval propulsion revenue.

Up 94% since I bought it in 2020. I think there's still room for growth.

BofA Securities Raises Price Target on BWX Technologies to $160 From $115, Maintains Buy Rating
9:56 AM ET 11/14/24 | MT Newswires
BofA Securities Raises Price Target on BWX Technologies to $160 From $115, Maintains Buy Rating
09:56 AM EST, 11/14/2024 (MT Newswires) -- BWX Technologies (BWXT) has an average outperform rating and a price target range of $90 to $166, according to analysts polled by Capital IQ.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 133.04, Change: +0.93, Percent Change: +0.70

59% return so far.

Still going up! I should check in on this board more often....

RefreshMay 30, 2024, 7:52 PM ET
NYSE
BWXT BWX TECHNOLOGIES INC COM
$89.26 +1.26 (+1.43%)
Real-time quote: May 30, 2024, 7:37 PM ET
Extended hours
$89.26 -0.010 (-0.01%) Bid x Size $89.27 x 100 Ask x Size $90.31 x 5,000

BWXT new 52 week high

Hi, just saw your post. I agree. The small reactors have a lot of applications. It will be interesting to see what happens next!

Thanks for sharing! Last month numbers:

Open
78.66
High
80.10
Low
78.55
Mkt cap
7.32B
P/E ratio
32.94
Div yield
1.15%
52-wk high
81.66
52-wk low
55.47

BWXT Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming

Business Wire
Tue, September 12, 2023 at 6:45 AM EDT·3 min read

Effort Will Leverage U.S. Department of Energy Advanced Reactor Demonstration Program Achievements

LYNCHBURG, Va., September 12, 2023--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) today announced a two-phase, two-year contract with the Wyoming Energy Authority to assess the viability of deploying small-scale nuclear reactors in the state as a source of resilient and reliable energy to augment existing power generation resources.

BWXT Advanced Technologies LLC (BWXT) will execute the two-year contract in close consultation with the State of Wyoming and other Wyoming organizations and companies.

Under phase one of the contract, BWXT will work with Wyoming industries to define the requirements basis for nuclear applications of base heat and power needs of the trona mining operations within the state. BWXT will also perform engineering work to further the design of its integrated "BANR" microreactor system that can integrate into Wyoming’s future power needs. This work will also include identifying areas where Wyoming’s existing supply chain can demonstrate capabilities for reactor component manufacturing and support reactor deployment.

Based on the outcomes of the first phase of the contract, phase two of the contract will entail BWXT furthering the design basis of BANR to meet the specific needs of potential Wyoming end users. A demonstration of the capabilities of Wyoming manufacturers would also be performed to validate the supply chain activities completed in phase one.

Throughout both phases of the contract, BWXT will leverage existing U.S. Department of Energy Advanced Reactor Demonstration Program (ARDP) achievements through the company’s collaboration with Idaho National Laboratory (INL) and other internal BWXT research and development investments. Through the ARDP, BWXT and DOE have been developing the BANR microreactor since 2021, and this effort in Wyoming represents an acceleration of BWXT’s commercial nuclear development efforts.

"At the end of this project, the potential job-creation, manufacturing and industrial opportunities for nuclear power in Wyoming will be clearer, and we will have a roadmap for deploying microreactors in the state," said Joe Miller, BWXT Advanced Technologies LLC president. "When state and federal agencies work together with the private sector, we expect the economic and environmental benefits of nuclear innovations will be unlocked."

INL has been providing strategic and technical support to the State of Wyoming under a memorandum of understanding signed on May 4, 2022.

"BWXT and the State of Wyoming are leaders in forging innovative partnerships and innovative business frameworks that will help transform Wyoming’s economy and help secure the nation’s energy future," said Steven Aumeier, senior advisor for strategic programs at INL.

"BWXT’s microreactor project presents the possibility of creating additional resources for industrial end users in Wyoming – thereby helping further a full value chain nuclear industry in Wyoming, advancing and diversifying our economy," said Rob Creager, Executive Director of the Wyoming Energy Authority. "Wyoming is in the unique position to be able to contribute funding for these innovative projects and believes this further demonstrates the strength of the Wyoming Energy Authority’s public-private partnerships."

Forward Looking Statements

BWXT cautions that this release contains forward-looking statements, including statements relating to the performance, design, suitability and impact of the micoreactor design and engineering work to be undertaken by BWXT under the contract with the Wyoming Energy Authority. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the project, execution of future contracts and delays. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended December 31, 2022 and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

Wow, still no takers on this board. $46 to $67 in a year, either hold or strong buy ratings. Huge contract at Hanford cleanup.

From Yahoo Finance:
Investaholic2 months ago
This is one of the stocks I’m most excited about. Still feel it’s a little early since the SMR tech won’t be ready until 2028. But man this has a tiny market cap considering the value and sick moat this company has. A super difficult industry to break into. I’m saving for a nice position. GLTA. Shhh our secret.

BWXT Awarded $1 Billion in Naval Nuclear Propulsion Program Options
Great news today.....let's hope for an uptick in prices.

Here are a couple of interesting web articles:
https://www.nasdaq.com/articles/why-bwx-technologies-inc.-nyse%3Abwxt-could-be-worth-watching
and
https://roanoke.com/news/state-and-regional/bwxt-helping-to-enable-deep-space-transit-to-mars/article_fe0674eb-6273-5d75-aa57-34d1e27182e7.html

Looks like BWXT has some interesting things in it's future!

Hi, glad to see someone else here. I'm pretty excited about this stock and the product. What do you think is causing the price to drop? Lack of electronic parts?

I got a start position here today. Seems cheap and nuclear demand isn’t going away anytime soon imo.

Green across the board, BWXT had a great day. New contracts at DOE/Hanford.

Hi Stockmama! Yes, they got CONTRACTS which = $$. PPS is a little pricey for us penny types, but it's definitely alive and well.

Nice little jump today

Welcome to BWX Technologies board! I own a few shares, but am not an industry insider. I'll be adding a co moderator soon. Look forward to the discussion about this company and their new and exciting technologies! GLTA!