Today: 2 February 2026
Subscribe
Browse Category

NASDAQ:ABAT News 18 December 2025

Energy Storage Stocks Surge at Midday as Grid Scarcity, Texas Battery Buildout, and Analyst Upgrades Refocus Wall Street

Energy Storage Stocks Surge at Midday as Grid Scarcity, Texas Battery Buildout, and Analyst Upgrades Refocus Wall Street

NEW YORK — December 18, 2025 (12:00 p.m. ET) — Energy storage stocks are firmly in focus on U.S. markets today, with many battery and storage-adjacent names posting strong midday gains as investors weigh three converging themes: improving rate-cut optimism, tightening grid capacity (especially in PJM and Texas), and a fresh wave of deal flow in grid-scale batteries and virtual power…
18 December 2025
···············

Stock Market Today

  • Cenovus Energy Faces Valuation Shift After Deep Basin Asset Sale and MEG Energy Deal
    February 2, 2026, 12:34 AM EST. Cenovus Energy (TSX:CVE) is considering selling its Alberta Deep Basin assets to reduce debt following its acquisition of MEG Energy. The stock trades at CA$26.87, showing an 11.73% gain over 30 days and a 32.59% total return over a year, reflecting growing momentum. Recent analyst updates suggest a fair value near CA$29.21, indicating an 8% undervaluation. This outlook includes assumptions about production, profits, and per-share earnings. However, risks linger, such as stricter Canadian emissions rules and possible cost overruns on major projects. Cenovus' inclusion in the S&P/TSX Canadian Dividend Aristocrats Index and steady revenue and net income support its profile. Investors should weigh optimistic forecasts against these uncertainties before making decisions.
Go toTop