3 ASX Nuclear Energy Stocks for Investors Tracking Uranium and Energy Security

Global energy markets are on edge as oil prices react to developments around the Strait of Hormuz and key shipping routes. That keeps reliable baseload power sources in sharp focus for investors who want exposure to energy demand without being entirely tied to oil. Nuclear energy stocks sit at the center of this story. This article highlights 3 stocks from our Nuclear Energy Stocks screener that stand out today.

The 3 nuclear energy stocks covered below are just a starting sample, and the full screen surfaced 21 more companies with equally compelling narratives that are not included here. To identify and analyze the highest conviction nuclear opportunities, head straight into the Nuclear Energy Stocks screener.

Worley (ASX:WOR)

Overview: Worley is a Sydney based engineering and professional services company that helps energy, chemicals and resources clients design, build, run and eventually retire complex assets, from refineries and LNG projects through to nuclear power, renewables and battery materials. It earns fees across the full project life cycle, including consulting, project delivery, operations support and decommissioning.

Operations: Worley reports A$12.4b of segment revenue adjustments and associate related items across its service lines, with regional exposure spread across the Americas at A$6.2b, Europe, the Middle East and Africa at A$4.0b, and Australia, Pacific, Asia and China at A$1.4b.

Market Cap: A$5.3b

Worley provides exposure to the energy transition through a services business that has a significant portion of its work tied to sustainability related projects, while still earning revenue from large oil, gas and LNG customers. The trade off is that net margins are low, the dividend record is patchy and funding relies on external borrowing, with a relatively new management team still bedding down its approach. Investors seeking exposure to nuclear and broader low carbon infrastructure via a services provider rather than a pure play developer may find Worley of interest.

Worley sits at the crossroads of legacy hydrocarbons and low carbon projects, yet its full story often gets reduced to headline revenue and patchy dividends. To understand how the mix of oil, LNG and nuclear work feeds through to balance sheet strength and funding risk, go through the Worley financial health report

Build your own nuclear infrastructure shortlist

Worley and the two other nuclear stocks in this article all came from a single screen, but the real value is in shaping filters around what matters most to you. Use our flexible Screener to blend metrics like valuation, growth and balance sheet strength, or jump straight into our curated Investing Ideas.

Boss Energy (ASX:BOE)

Overview: Boss Energy is a uranium producer focused on restarting and expanding the Honeymoon project in South Australia while also holding a 30% interest in the Alta Mesa project in South Texas, giving it exposure to uranium supply in both Australia and the United States.

Market Cap: A$585.4 million

Boss Energy gives you direct exposure to uranium production, with Honeymoon ramp up work, satellite deposits such as Gould’s Dam and Jason’s, and a growing drummed inventory of 1.62 million pounds that can be sold into future pricing. The company is still loss making with a negative return on equity and has high funding risk due to reliance on external borrowing, so the path to forecast profitability within 3 years is not risk free. Yet the combination of no debt, A$208 million of cash and liquid assets, and incoming chair Peter Botten with deep energy sector experience suggests there may be more factors to consider beyond today’s P/S multiple or recent share price performance.

Boss Energy appears to be a straightforward uranium ramp-up story, yet its cash pile, no-debt position and inventory build hint at something more complex. Get the full picture in the analysis report for Boss Energy

Paladin Energy (ASX:PDN)

Overview: Paladin Energy is a Perth based uranium company that develops and operates uranium mining projects, centred on the Langer Heinrich mine in Namibia and supported by longer term growth options such as the Patterson Lake South project in Canada.

Operations: Paladin Energy currently generates its revenue from Namibia, with about US$248 million coming from the Langer Heinrich uranium mine.

Market Cap: A$4.66b

Paladin Energy provides exposure to the uranium supply story, with Langer Heinrich now through ramp up and reporting stable operations that exceeded FY2026 guidance on production, sales and costs. Earnings are still early stage and the company has a history of losses and funding through higher risk borrowing, so this is not a low risk utility style exposure. What stands out is the combination of a producing Namibian asset, a high grade Canadian project moving through the licensing queue, improving earnings and inclusion in the S&P/ASX 100 Index in June 2026. For investors seeking direct exposure to uranium volumes and contracting rather than only uranium price headlines, Paladin Energy may be worth a closer look.

Paladin Energy now has a producing Namibian mine and a high grade Canadian project on the way. However, the real story sits in the forward contract and volume picture inside the analyst forecasts for Paladin Energy

Seeking Fresh Alternatives Beyond Nuclear?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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