Reforming Nuclear Reactor Testing at the Department of Energy

Executive orderRegulation easedSigned 25/05/23Federal Register 25/05/29Executive Order 14301Open the original

Summary

President Trump orders the Department of Energy to revise its rules within 90 days so qualified test reactors can operate within 2 years of a complete application, and to approve at least three reactors outside the National Laboratories with the goal of criticality by July 4, 2026.

By industry

Nuclear Power1 trading day+7.8%p15 stocks5 trading days+6.7%p15 stocks20 trading days+16.9%p15 stocks
“significantly expedite the review, approval, and deployment of advanced reactors under the Department's jurisdiction”

Day by day after the announcement

Nuclear Power stocks and the S&P 500 after the announcement, cumulative %
Day	Nuclear Power stocks	S&P 500
25/05/22	0.0%	0.0%
25/05/23	+7.0%	−0.8%
25/05/27	+11.1%	+1.4%
25/05/28	+9.8%	+2.1%
25/05/29	+7.6%	+1.1%
25/05/30	+7.7%	+1.0%
25/06/02	+8.1%	+1.7%
25/06/03	+10.1%	+2.1%
25/06/04	+9.9%	+2.1%
25/06/05	+8.3%	+1.6%
25/06/06	+11.1%	+2.8%
25/06/09	+12.8%	+2.8%
25/06/10	+10.8%	+3.3%
25/06/11	+17.1%	+3.1%
25/06/12	+17.1%	+3.4%
25/06/13	+16.8%	+2.3%
25/06/16	+20.3%	+3.3%
25/06/17	+19.2%	+2.4%
25/06/18	+20.8%	+2.5%
25/06/20	+19.9%	+2.0%
25/06/23	+20.3%	+3.5%

Korean stocks in these industries

Doosan Enerbility 034020
Hyundai E&C 000720
KEPCO E&C 052690
KEPCO 015760

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

David Efraim Rosen10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$22.7M
76,545 sh
$22.7M
Filed 25/06/27
Traded 25/06/27
Rubric Capital Management10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$22.7M
76,545 sh
$22.7M
Filed 25/06/27
Traded 25/06/27
Carrie Lee KirbyEVP and Chief Admin. Officer
SellVistra
Sell
Vistra
VST
$16.9M
107,494 sh
$16.9M
Filed 25/05/21
Traded 25/05/19
Rubric Capital Management10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$15.3M
51,810 sh
$15.3M
Filed 25/06/27
Traded 25/06/27
David Efraim Rosen10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$15.3M
51,810 sh
$15.3M
Filed 25/06/27
Traded 25/06/27
David Efraim Rosen10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$12.8M
44,343 sh
$12.8M
Filed 25/06/27
Traded 25/06/25
Rubric Capital Management10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$12.8M
44,343 sh
$12.8M
Filed 25/06/27
Traded 25/06/25
David Efraim Rosen10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$9.7M
33,121 sh
$9.7M
Filed 25/06/27
Traded 25/06/26
Rubric Capital Management10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$9.7M
33,121 sh
$9.7M
Filed 25/06/27
Traded 25/06/26
David Efraim Rosen10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$9.7M
32,924 sh
$9.7M
Filed 25/06/27
Traded 25/06/26
Rubric Capital Management10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$9.7M
32,924 sh
$9.7M
Filed 25/06/27
Traded 25/06/26
M. Klein AssociatesDirector
SellOklo
Sell
Oklo
OKLO
$9.4M
150,000 sh
$9.4M
Filed 25/06/23
Traded 25/06/20
Michael Stuart KleinDirector
SellOklo
Sell
Oklo
OKLO
$9.4M
150,000 sh
$9.4M
Filed 25/06/23
Traded 25/06/20
Scott A. HudsonEVP & President Vistra Retail
SellVistra
Sell
Vistra
VST
$8.8M
56,000 sh
$8.8M
Filed 25/05/22
Traded 25/05/20
Scott B. HelmDirector
SellVistra
Sell
Vistra
VST
$8.6M
50,000 sh
$8.6M
Filed 25/06/06
Traded 25/06/05
Rubric Capital Management10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$7.7M
25,903 sh
$7.7M
Filed 25/06/27
Traded 25/06/27
David Efraim Rosen10% Owner
SellTalen Energy
Sell
Talen Energy
TLN
$7.7M
25,903 sh
$7.7M
Filed 25/06/27
Traded 25/06/27
Kristopher E. MoldovanEVP and CFO
Sell10b5-1 planVistra
Sell10b5-1 plan
Vistra
VST
$7.2M
45,000 sh
$7.2M
Filed 25/05/29
Traded 25/05/27
Kristopher E. MoldovanEVP and CFO
Sell10b5-1 planVistra
Sell10b5-1 plan
Vistra
VST
$7M
49,668 sh
$7M
Filed 25/05/02
Traded 25/05/01
Michael Stuart KleinDirector
SellOklo
Sell
Oklo
OKLO
$6.4M
100,000 sh
$6.4M
Filed 25/06/23
Traded 25/06/18