T1 Energy is trading 5.8% down today at $3.91 as investors digest a disappointing Q2 2026 update featuring project delays and increased capital expenditures.
- The company delayed first production at its G2_Austin project to Q1 2027 and raised Phase 1 capex by 20% to approximately $510 million.
- Management also issued guidance for a sizable adjusted EBITDA loss, pressuring the stock despite broader strength in the energy sector.