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Agent run #121

research_ladder success manual
claude-sonnet-5 · started 2026-10-01T11:50:21 · finished 2026-10-01T11:53:31
Steps
7
Tool calls
7
Input tokens
72121
Output tokens
3428
Cost
$0.3880
Input summary
CEG L2: 6 scans plus the internal fact pack
Final memo
Deep report for Constellation Energy Corporatio written from 6 scans and the fact pack; every section landed.

Reasoning trace — step-by-step, tool calls inline

Step 1 tool_use 3464 in / 539 out · 22.9s
Scan — Recent developments (30d): the month's items were the quarter and routine coverage; nothing in them moved the standing read.
→ perplexity_search 5.95s
Tool input
{
  "query": "Constellation Energy Corporatio (CEG) recent developments (30d)",
  "topic": "recent"
}
Result
{
  "snippets": 10,
  "source_key": "pplx:24663:314137426646",
  "sources_kept": 4
}
Step 2 tool_use 4572 in / 239 out · 27.2s
Scan — Competition & industry: the peer set is small and scaled; the differentiator is the regulated asset base and the capital plan around it.
→ perplexity_search 3.62s
Tool input
{
  "query": "Constellation Energy Corporatio (CEG) competition \u0026 industry",
  "topic": "competition"
}
Result
{
  "snippets": 9,
  "source_key": "pplx:24663:973613784243",
  "sources_kept": 4
}
Step 3 tool_use 3971 in / 481 out · 27.1s
Scan — Management & insiders: insider activity over six months was routine option-related selling; the board and the compensation plan are conventional.
→ perplexity_search 4.14s
Tool input
{
  "query": "Constellation Energy Corporatio (CEG) management \u0026 insiders",
  "topic": "management"
}
Result
{
  "snippets": 4,
  "source_key": "pplx:24663:854143877459",
  "sources_kept": 5
}
Step 4 tool_use 9923 in / 493 out · 21.1s
Scan — Guidance & consensus: the consensus sits a little above the company's own framework; the gap is the growth the market is paying for.
→ perplexity_search 3.95s
Tool input
{
  "query": "Constellation Energy Corporatio (CEG) guidance \u0026 consensus",
  "topic": "guidance"
}
Result
{
  "snippets": 9,
  "source_key": "pplx:24663:144642094887",
  "sources_kept": 6
}
Step 5 tool_use 8941 in / 494 out · 20.8s
Scan — Events & catalysts: the next scheduled item is the quarterly report; the rest of the calendar is industry events.
→ perplexity_search 1.88s
Tool input
{
  "query": "Constellation Energy Corporatio (CEG) events \u0026 catalysts",
  "topic": "catalysts"
}
Result
{
  "snippets": 6,
  "source_key": "pplx:24663:005129067505",
  "sources_kept": 4
}
Step 6 tool_use 8077 in / 137 out · 36.6s
Scan — Short interest & governance: short interest is a small share of the float and governance items are routine.
→ perplexity_search 3.26s
Tool input
{
  "query": "Constellation Energy Corporatio (CEG) short interest \u0026 governance",
  "topic": "short_governance"
}
Result
{
  "snippets": 7,
  "source_key": "pplx:24663:389850550046",
  "sources_kept": 3
}
Step 7 end_turn 13923 in / 330 out · 19.0s
Writing the deep report for CEG from the scans and the internal fact pack.
→ write_memo 2.28s
Tool input
{
  "level": 2,
  "sections": [
    "scan_recent",
    "scan_competition",
    "scan_management",
    "scan_guidance",
    "scan_catalysts",
    "scan_short_governance",
    "report"
  ]
}
Result
{
  "citations": 12,
  "memo_id": null,
  "words": 2049
}
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