According to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Encompass Capital Advisors LLC acquired 21,504,901 additional shares of T1 Energy (NYSE:TE). The estimated value of this transaction, based on the average closing price during the quarter, was $94.89 million. The quarter-end value of the position rose by $204.24 million, reflecting both the purchase and changes in the stock’s price.

This buy increased the stake to 9.53% of the fund’s reportable U.S. equity assets as of December 31, 2025.

Top holdings after the filing:

NYSE: TE: $112.20 million (5.4% of AUM)

NYSE: SOC: $121.67 million (5.0% of AUM)

NYSE: SEI: $117.66 million (4.8% of AUM)

NASDAQ: FANG: $112.20 million (4.6% of AUM)

NASDAQ: NESR: $111.24 million (4.5% of AUM)

As of February 17, 2026, shares of T1 Energy were priced at $6.44, up 211.1% over the past year, outperforming the S&P 500 by 200.71 percentage points.

Metric

Value

Price (as of market close February 17, 2026)

$6.44

Market capitalization

$970.40 million

Revenue (TTM)

$399.68 million

Net income (TTM)

($557.99 million)

T1 Energy produces and sells lithium-ion battery cells for stationary energy storage, electric mobility, and marine applications, primarily serving European and international markets.

It operates a vertically integrated business model, generating revenue through the design, manufacturing, and sale of proprietary battery cell solutions.

The company targets OEMs and industrial customers seeking advanced energy storage technologies for mobility, grid, and marine sectors.

T1 Energy is a Luxembourg-based manufacturer specializing in lithium-ion battery cells, with a focus on energy storage and electrification markets. The company leverages advanced design and manufacturing capabilities to serve a diverse set of industrial and mobility clients globally.

The purchase of 21.5 million shares of T1 Energy by Encompass Capital Advisors is a noteworthy event. The buy meant Encompass raised its stake from 1% of assets under management in the third quarter to 9.5% in Q4, catapulting T1 Energy to the fund’s top holding.

This suggests Encompass has a bullish outlook towards T1 Energy. It’s understandable to see why given the rise of artificial intelligence.

AI requires massive amounts of computing capacity, and this has necessitated the construction of data centers. These facilities require energy to operate, resulting in demand for T1 Energy’s products.

The company’s share price is down from the 52-week high of $9.78 reached in January. While its forward price-to-sales ratio is up from a year ago, it’s dropped from the peak reached towards the end of 2025. So now is not a bad time to buy shares, given the potential revenue growth T1 Energy could achieve in the coming years.

Before you buy stock in T1 Energy Inc., consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and T1 Energy Inc. wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $532,066!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,122,072!*

Now, it’s worth noting Stock Advisor’s total average return is 959% — a market-crushing outperformance compared to 193% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of March 5, 2026.

Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Is T1 Energy a Buy After Encompass Capital Advisors Increased Its Position by 21.5 Million Shares? was originally published by The Motley Fool