Uranium Energy Corp. (NYSE American: UEC) reported fiscal third-quarter 2026 results highlighted by the commencement of production at the Burke Hollow in-situ recovery (ISR) project in South Texas. The company described Burke Hollow as the largest greenfield ISR uranium project to enter production in the United States in more than a decade. This milestone marks a significant expansion of UEC’s domestic uranium operations, reinforcing its position as America’s largest and fastest-growing uranium company.
UEC also reported a debt-free balance sheet with $794 million in liquid assets, providing financial flexibility to advance its production growth. The company is progressing at its Christensen Ranch operation and development activities at the Ludeman and Sweetwater projects. These efforts are part of UEC’s strategy to build what it describes as America’s only vertically integrated uranium fuel supply chain, which includes progress at its planned uranium conversion facility through United States Uranium Refining & Conversion Corp.
The company highlighted federal support for domestic nuclear fuel development through the Department of Energy’s “Nuclear Dominance – 3 by 33” initiative, which aims to bolster U.S. nuclear energy capabilities. Additionally, UEC noted continued advancement of its Roughrider uranium project in Saskatchewan, Canada, and its Alto Paraná titanium and vanadium project in Paraguay.
Uranium Energy Corp. controls the largest uranium resource base and the most licensed production capacity in the United States, totaling approximately 12 million pounds per year across its Wyoming and South Texas platforms. In Canada, the company controls one of the most extensive land and resource portfolios in the Athabasca Basin, anchored by the Roughrider Project in Saskatchewan. Through its wholly owned subsidiary, United States Uranium Refining & Conversion Corp, UEC is pursuing domestic refining and conversion capabilities to further strengthen the U.S. nuclear fuel supply chain.
The company maintains a 100% unhedged uranium strategy, providing full exposure to uranium market fundamentals. This approach allows UEC to benefit directly from rising uranium prices and increasing demand for nuclear energy as a clean power source. The commencement of production at Burke Hollow is a key step in meeting that demand, as the project is expected to contribute significantly to UEC’s overall output.
For more details, the full press release is available at https://ibn.fm/vkrVw. Investors can find the latest news and updates relating to UEC in the company’s newsroom at https://ibn.fm/UEC.
