For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CSLM Acquisition Corp. (SPWR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.CSLM Acquisition Corp. is one of 245 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector ...

“Free at last. Thank God Almighty we are free at last”OREM, Utah, June 09, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) (“SunPower” or the “Company”) (Nasdaq: SPWR), a solar technology, services, and installation company – today T.J. Rodgers, Chairman and CEO, issued the following statement regarding pending legislation to cancel or wind down the 30% solar Investment Tax Credit (ITC). The soaring Martin Luther King quote is appropriate to describe the great opportunity now offered to the s ...

Annual Report on Form 10-K Filed on April 30, 2025OREM, Utah, May 02, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) (“SunPower” or the “Company”) (Nasdaq: SPWR), today announced that it received an expected deficiency notification letter from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) on April 28, 2025 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because it did not timely ...

Core Viewpoint - SunPower, formerly known as Complete Solaria, Inc., has reported its first profitable quarter in four years, coinciding with its rebranding and the acquisition of SunPower assets, indicating a positive turnaround for the company [3][18]. Financial Performance - Q1 2025 revenue was $80.2 million, consistent with expectations, and achieved during a traditionally challenging winter quarter [8]. - The gross margin for Q1 2025 was 36%, down from 47% in Q4 2024, while operating expenses were significantly reduced from $62.8 million in Q4 2024 to $27.4 million in Q1 2025 [3][4]. - The company reported an operating income of $1.3 million in Q1 2025, a significant improvement from a loss of $39.6 million in Q3 2024 and a loss of $5.9 million in Q4 2024 [16][19]. Staffing and Operational Efficiency - SunPower's workforce was reduced from 3,499 employees to 906 within a quarter, aligning staffing levels with profitability targets [8][16]. - The company aims to achieve profitability at an annualized revenue of $300 million, indicating a streamlined operational structure [9][16]. Strategic Developments - The rebranding to SunPower was officially announced on April 21, 2025, with a new ticker symbol SPWR effective April 22, 2025 [18]. - A strategic partnership with Sunder, a prominent solar sales firm, is expected to contribute to revenue growth starting in Q3 2025 [18]. - The board has been strengthened with the addition of three former public company CEOs, enhancing governance and strategic oversight [19][20]. Future Outlook - The company forecasts steady revenue and positive operating income for the next quarter, with a detailed growth plan to be presented at the May annual meeting [15].

First Profitable Quarter In Four YearsOREM, Utah, April 30, 2025 (GLOBE NEWSWIRE) -- SunPower, formerly d/b/a Complete Solaria, Inc. (“SunPower” or the “Company”) (Nasdaq: SPWR), a solar technology, services, and installation company, will present its 2024 and Q1’25 results via webcast at 1:00pm ET on Wednesday, April 30. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: https://investors.sunpower.com/news-events/events ...

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Enterprise Products Partners (EPD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Enterprise Products Partners is one of 246 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sec ...

LEHI, Utah, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Complete Solar Holdings, Inc. d/b/a Complete Solar (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today announced that the United States Bankruptcy Court for the District of Delaware has approved the going concern sale of substantially all assets of the Blue Raven, New Homes and Dealer businesses of SunPower Corporation and certain of its affiliates to Complete Solar for $45 million in cash. The sale ...

RICHMOND, Calif., Aug. 12, 2024 /PRNewswire/ -- SunPower Corp. (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq") that it has determined to delist the Company's common stock on Nasdaq. The delisting is a result of the Company's failure to demonstrate compliance with Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1 as a result of the Company and certain of its direc ...

Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023.The rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its reporting practices.SunPower stock fell 32% to 55 cents per share on Tuesday. Its shares have collapsed nearly 90% this year.SunPower listed assets and liabilities between $1 billion to $10 billion in its Chapter 11 filing late Monday in U.S ...

SunPower (NASDAQ:SPWR) stock is falling hard on Tuesday after the solar power and technology company filed for Chapter 11 bankruptcy late yesterday.That bankruptcy filing isn’t an attempt for the company to restructure its business and come out leaner. Instead, SunPower is planning to wind down its operations during the bankruptcy process.SunPower also already has plans lined up to sell its Blue Raven Solar installation and new homes businesses in a stalking horse bid. This has Complete Solaria (NASDAQ:CSLR ...