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After losing some value lately, a hammer chart pattern has been formed for SSE (SSEZY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Shares in SSE PLC (LSE:SSE), Centrica and several renewable energy investment companies rose after the UK government confirmed plans to move older wind and solar farms onto fixed-price contracts, or else be hit with higher windfall taxes. SSE, which owns windfarms and hydroelectric power plants, saw its share climb 3.3% to 2,610p on Tuesday, while fellow FTSE 100-listed energy producer Centrica PLC (LSE:CNA), which owns British Gas, and FTSE 250-listed biomass burner Drax Group (LSE:DRX) were up 2.3% and 1.8%.
SSE PLC (LSE:SSE) shares rose after the UK government confirmed plans to move older wind and solar farms onto fixed-price contracts. Shares in SSE, which owns windfarms and hydroelectric power plants, rose 3.8% to 2,614p early on Tuesday, while fellow FTSE 100-listed energy producers Centrica PLC (LSE:CNA) and FTSE 250-listed Drax Group (LSE:DRX) were up 1.7% and 1.8%.
Shares in SSE PLC (LSE:SSE) and Centrica PLC (LSE:CNA) took a heavy beating on Friday after Chancellor Rachel Reeves signalled that the government is actively working to sever the link between electricity and gas prices - a reform that could fundamentally reshape the economics of the UK energy sector. SSE fell 5.2% and Centrica dropped 4.9%, making the two utilities among the biggest fallers on the FTSE 100 on a day when the broader mood across European markets was broadly positive, buoyed by hopes of progress in Middle East peace talks.
Sse Plc (OTCMKTS:SSEZY - Get Free Report) has received a consensus rating of "Hold" from the six ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. SSEZY has
Sse Plc (OTCMKTS:SSEZY - Get Free Report) has earned a consensus rating of "Hold" from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company.
Does SSE PLC (SSEZY) have what it takes to be a top stock pick for momentum investors? Let's find out.
XCF, Southern Energy, and DevvStream to explore developing a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers The parties believe that the partnership has the potential to advance HEFA and next-generation biomass-to-methanol-to-jet SAF pathways The parties intend to jointly evaluate the future development of New Rise Louisiana, a SAF facility comparable in size to XCF's New Rise Reno facility of ~40 million gallons HOUSTON, TX / ACCESS Newswire / December 12, 2025 / XCF Global, Inc. ("XCF") (Nasdaq:SAFX); Southern Energy Renewables Inc. ("Southern"); and DevvStream Corp. ("DevvStream") (Nasdaq:DEVS) (together "the parties") today announced a non-binding tripartite memorandum of understanding ("MOU") to jointly explore the potential development of a next-generation low-carbon fuels platform designed to accelerate SAF adoption, expand domestic capacity, and integrate environmental-attribute monetization into a unified customer offering. By 2030, the U.S. SAF market is projected to reach nearly $7 billion, while global demand is expected to exceed 5.5 billion gallons, supporting a global market of more than $25 billion.
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