for thank for Emily call. And Thanks, joining earnings morning. quarter that. morning Leah, first everyone again started who thank our you Good and you this
and day clean customers. produce a strong best our thanks and to that women again, deck. slide off to affordable I'm to dedication reliable to to Once every and the financially, start electricity their men of the deliver operationally of do on and and going the focus X year we're
the continue quarter, execute, at/or that of here to year line first end upon EBITDA. can to we we date, we project the we that guidance in adjusted is of range. range. top near the million to performance earned half expect story if But top will the our $XXX that we comfortably the based in For top our And be
XXXX than we when to February. looks addition, In reported better us in
team commercial lock than earnings generating remainder value quarter, of for but planned able the in not quarter, were better tremendous only they had in for and this Our a to the next. year
On is up million in the our in margin and back XXXX $XXX their strong of gross execution, XXXX. million $XX
million in Dan As $XXX from all-in were February. is will cover, we XXXX up where
using come lower disclosures gross how XXXX, you'll notably the our expect presentation. above of current portfolio in commodity the our you For And prices. face XX to of on in value page to with PTC could interacts also we in consensus, our the add see see which update, margin
and have strong year think We had pretty simple, is here message great the that a and our two on three. first track years to company is
Our unique us front for in many value business is and our of opportunities to we owners. have still create
year. the approximately last the We best carbon-free our plants We are produced nuclear in of operator energy clean of clean nation's and largest United XX% the producer of States. energy
the of XX% XX% market the serves entire business C&I the United States, commercial Fortune Our of competitive in XXX.
increasingly its agriculture essential and clean and harmful to are provide as sectors, reduce and be turn to pollution. reliable businesses to decades fuels, electrification Our come simultaneously America addressing transportation industrial and needed the to climate change for to reduces energy on will residential reliance all fossil
cannot a government meet goals. the has for Credit, provides made the climate its The we unique long-term Production US Inflation our the Constellation Through IRA without Act, nation's nuclear and them to recognizing commitment Nuclear the assets Reduction owners. that Tax opportunities simply
us nuclear protection as opportunities from the through protection structural level plants inflation reliable. our while in remain inflation, protection. economic disclosures increasing that our ensuring downside commodity could PTC and provisions growth providing output unique of our provides the create plants see IRA risk risk and PTC The uprates like The you rises Other today, with hydrogen.
of energy replaced. to fleet I'll made except no without years. point we've can And finally this the XX the gives again, to it us make extend asset for long it And time other our opportunity run this horizon clean hydro being
grows We inflation have will provided the baseline the grow many ways to country. PTC, in we of inflation PTC and level, bring Against benefit over value forward more shareholders. price earnings life support the the to the with that overall our from by
fund us growth slide as flow can on strong to fund of the depending the And inflation growth Each some ahead cash PTC. buyback your for in double-digit We you on generate and of a can robust growing disciplined used about opportunity these unlevered value our top-line XX see and stock. dividend free create at are will returns, additional for organic meaningful assumptions our be there shareholders. M&A that
And we're already doing this.
per have we in in share dividend. billion as million approximately wind And repowering execute. our the $X announced back of will bought we March of We of own and stock billion which $X.X buyback alone part double $XXX authorized uprates, growth our hydrogen
we there's do. more And can
XXXX this billion to be buying can back enhance have to happy our used At day to XXXX We $X be stock further stock of unallocated capital I'd and capital long. our our use all earnings price, current in that growth. continue
to our for core adjacent to look are and opportunities transition. investment energy to continue committed with we will or the We businesses, consistent
However marketplace. billion near-term majority will growth short-term shares. we in opportunities the in Constellation the a cannot the use in repurchase our $X matched CapEx, M&A the in any absence own be of to of this ramp-up or anywhere
a with paired and for value grow provides Our is create clean carbon-free unicorn. to business It you. fleet us opportunities our customer-facing with nuclear
and on nuclear capacity I'll slightly Nuclear our ahead than slide strong X. plan. affordable produced generation was turn reliable of terawatt an carbon-free and from quarterly factor more with of performance updates to next our operational plants beginning of on-plan hours We XX.X%. XX
in non-safety-related it did refueling Point an existing may cost the of is repair with budget. Mile outage, you inspections Mile's during outage identified uncommon some but our X's Nine we The days. As Nine issue during routine industry, absorbed not extend the to within XX It's be aware of our well.
to make the XX here line the at refueling returned point of in Nine the a roughly approximately I outage Mile, But outage that even industry we standard extended with with average to is service days. want for
the at average both our outages point from Cliffs, in here XX demonstrated duration And units is the long And which else. nation for that a to is days just completed and of at average lagged their Constellation lead was an Calvert plan and ahead total. returning Nine outages at Byron in of everyone Mile refueling outage while ability
also the well match. renewable XX.X% and capture presently readiness performed with team that completing is make come. and months summer XX.X% dispatch energy to summer power to it's renewables fleet work hot for Our gas ready sure The natural our
business. creates. is wholesale unit Turning as We're incredible give I'll environment, they've our in X. the start before and to certainty the energy our little reflected that had able margins while both realizing to costs risk the their markets mentioned retail a to talk in customers benefits bit a in about more commodity slide already volatility pricing. of appropriately from higher opportunities across this an leverage expertise to volatile market Commercial business I the but It's business, that
experience Providers provide and customers key are advantage sheets customers the to to is with visibility and balance constrained less volatile the able certainty sheet not being with balance our desperately to healthy strength more capture able and that supporting Our want markets a margins. our customers and need. these
balance our to to provide strength customers. allows Our sheet us this certainty needed
making supporting businesses and generation with customer our and other symbiotically operate the each stronger. We whole
create As gross for such, quarter think we've the remainder times additional can to and combined predicted of margin, across portfolios demonstrate hit particularly, the in we the year volatility. of again, our just And this and I and next this. optimize all workload I'll of results this what positions the generation
And to we products developing success core continued customers. sustainability providing like and have our
you this and earlier, strong in XXXX value creates additional mentioned I performance for XXXX. As both
And will turn last management O&M our financial disclosures firmness to the team is for it this Dan to I that forecast want it be confident met met. in is address and outlook on to from We're before of and committed full call. entire our the a forecast the coming I update over ensuring the
as our efficiently opportunities look run Dan? We as to will for always additional business possible.
