In the chart below, the quality score varies within a narrow range. All of the battery stocks have a good balance sheet and reasonable debt-to-equity metrics. Conversely, the overall score against its respective peers is low. This suggests that conservative investors may want to watch the stock instead of immediately buying. For example, JCI and ALB stock are trading at close to 52-week highs.
Overall and quality score on battery stocks
Valuations for those firms are fair but could be better. A general pull-back in markets may create a better entry price. As new energy demands intensify, those stocks will outperform their peers.
Texas lawmakers introduce legislation intended to fix state s power-grid failure
Legislation being introduced to address state’s power grid
FOX 26 Reporter Tom Zizka has more as legislation is now being introduced to address the state s power grid following the winter storm that occurred in mid-February.
AUSTIN - Investigations and legislation are taking center stage as the Texas government responds to pressure to do something about the state s power grid, which left millions without electricity during the Big Freeze.
Attorney General Ken Paxton has expanded his inquiry into energy industry actions, during the winter storm, by demanding a complete paper trail from electricity and gas providers, along with ERCOT and the PUC.
ERCOT members meet to discuss problems that led to power blackout
ERCOT meeting held to discuss avoiding future outages
ERCOT holds special meeting to discuss what led to the historic Texas blackouts following the winter storm, and strategized on how to make sure it never happens again.
Their goal for the meeting was to clarify exactly what went wrong that caused the power blackout in mid-February. They plan to meet late this month to identify exactly how to solve what went wrong. The goal is really to take the opportunity to start identifying and cataloging the issues that need improvement in our market, said Clif Lange, chair of ERCOT TAC.
The financial fallout from the Texas Winter blackout continues to unfold in brutal fashion and it appears increasingly likely everyday Texans will be left holding the bag.