Ormat Technologies: The Pure-Play Geothermal Company Is Having Its Moment |
Geothermal power, exemplified by Ormat Technologies, offers a promising niche market with a long runway for growth due to increasing renewable energy demand. Ormat's vertically integrated business includes geothermal power plants, equipment sales, and battery energy storage systems, ensuring diversified revenue streams. Despite high valuation multiples, Ormat's growth potential, strong EBITDA projections, and manageable debt levels make it an attractive investment. |
seekingalpha.com |
2025-05-15 16:16:07 |
Czytaj oryginał (ang.) |
Ormat Technologies Q1 Earnings Beat Estimates, Revenues Increase Y/Y |
ORA's first-quarter 2025 earnings beat estimates. Its revenues rise 2.5% year over year during the same period. |
zacks.com |
2025-05-09 16:30:53 |
Czytaj oryginał (ang.) |
Ormat Technologies: A Promising Story Stock That's Not Quite There Yet |
Ormat Technologies: A Promising Story Stock That's Not Quite There Yet |
seekingalpha.com |
2025-05-09 14:43:12 |
Czytaj oryginał (ang.) |
Ormat Technologies, Inc. (ORA) Q1 2025 Earnings Call Transcript |
Ormat Technologies, Inc. (NYSE:ORA ) Q1 2025 Earnings Call May 8, 2025 9:00 AM ET Company Participants Josh Carroll - Investor Relations Doron Blachar - Chief Executive Officer Assi Ginzburg - Chief Financial Officer Smadar Lavi - Vice President, Investor Relations and ESG Planning and Reporting Conference Call Participants Justin Clare - ROTH Capital Michael Fairbanks - JPMorgan Andre Adams - Oppenheimer David Anderson - Barclays Ben Kallo - Baird Operator Good morning and welcome to the Ormat Technologies' First Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded. |
seekingalpha.com |
2025-05-08 19:48:08 |
Czytaj oryginał (ang.) |
Ormat Technologies (ORA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Ormat Technologies (ORA) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-08 00:05:48 |
Czytaj oryginał (ang.) |
Ormat Technologies (ORA) Surpasses Q1 Earnings Estimates |
Ormat Technologies (ORA) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.65 per share a year ago. |
zacks.com |
2025-05-07 23:20:33 |
Czytaj oryginał (ang.) |
Cyrq Energy Completes Sale of Blue Mountain as Part of Its 5-Year Strategic Plan |
SALT LAKE CITY--(BUSINESS WIRE)--Cyrq Energy, LLC (Cyrq) is pleased to announce an agreement to sell its Blue Mountain geothermal power facility in Nevada for $88 million to a subsidiary of Ormat Technologies, Inc. (NYSE:ORA) as part of its five-year strategic plan. With headquarters in Salt Lake City, Cyrq has been a leader in developing and producing geothermal power since 2007. Currently, Cyrq owns several power generating facilities, including the Soda Lake and Patua geothermal power plants. |
businesswire.com |
2025-05-07 20:34:00 |
Czytaj oryginał (ang.) |
Ormat Technologies Reports First Quarter 2025 Financial Results |
REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION |
globenewswire.com |
2025-05-07 20:15:00 |
Czytaj oryginał (ang.) |
CWEN vs. ORA: Which Stock Is the Better Value Option? |
Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of Clearway Energy (CWEN) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2025-05-05 16:46:23 |
Czytaj oryginał (ang.) |
Earnings Preview: Ormat Technologies (ORA) Q1 Earnings Expected to Decline |
Ormat Technologies (ORA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:07:42 |
Czytaj oryginał (ang.) |
The 6 Best Energy Stocks to Buy Now |
It's been a rough start for stocks in 2025, as major U.S. indices continue to trade in the red and underperform their international counterparts. Investors have had few places to hide outside of gold, but the energy sector has been one bright spot. |
marketbeat.com |
2025-04-25 11:46:44 |
Czytaj oryginał (ang.) |
KGEI vs. ORA: Which Stock Should Value Investors Buy Now? |
Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of Kolibri Global Energy Inc. (KGEI) and Ormat Technologies (ORA). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2025-04-14 16:45:53 |
Czytaj oryginał (ang.) |
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results |
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025. |
globenewswire.com |
2025-04-09 12:30:00 |
Czytaj oryginał (ang.) |
CWENA vs. ORA: Which Stock Is the Better Value Option? |
Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of Clearway Energy (CWENA) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2025-03-20 14:40:30 |
Czytaj oryginał (ang.) |
CWENA vs. ORA: Which Stock Should Value Investors Buy Now? |
Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWENA) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2025-03-04 14:45:53 |
Czytaj oryginał (ang.) |
CWENA or ORA: Which Is the Better Value Stock Right Now? |
Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWENA) and Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-03-03 14:47:17 |
Czytaj oryginał (ang.) |
Ormat Technologies Q4 Earnings Beat Estimates, Revenues Down Y/Y |
ORA's fourth-quarter earnings beat estimates, while revenues decline year over year by 4.4%. |
zacks.com |
2025-02-28 12:30:47 |
Czytaj oryginał (ang.) |
Ormat Technologies, Inc. (ORA) Q4 2024 Earnings Call Transcript |
Ormat Technologies, Inc. (NYSE:ORA ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Josh Carroll - Alpha IR Doron Blachar - Chief Executive Officer Assi Ginzburg - Chief Financial Officer Smadar Lavi - Vice President of Investor Relations and ESG Planning and Reporting Conference Call Participants Noah Kaye - Oppenheimer Justin Clare - ROTH Capital Partners Hannah Velásquez - Jefferies Derek Podhaizer - Piper Sandler Jeff Osborne - TD Cowen Ryan Levine - Citigroup Operator Good morning, and welcome to the Ormat Technologies Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2025-02-27 19:22:03 |
Czytaj oryginał (ang.) |
Ormat Technologies (ORA) Tops Q4 Earnings Estimates |
Ormat Technologies (ORA) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.67 per share a year ago. |
zacks.com |
2025-02-26 21:30:24 |
Czytaj oryginał (ang.) |
Ormat Technologies Reports Fourth Quarter and Year-End 2024 Financial Results |
STRATEGIC PORTFOLIO EXPANSION SUPPORTS CONTINUED REVENUE AND ADJUSTED EBITDA GROWTH STRONG FULL-YEAR RESULTS REINFORCES ORMAT'S MOMENTUM, REMAINING ON PACE TO ACHIEVE GENERATING CAPACITY GOALS OF 2.6 TO 2.8 GW BY 2028 HIGHLIGHTS TOTAL REVENUES FOR THE FULL-YEAR INCREASED 6.1% COMPARED TO 2023, DRIVEN BY GROWTH IN ALL THREE SEGMENTS FULL YEAR OPERATING INCOME AND ADJUSTED EBITDA IMPROVED 3.5% AND 14.3%, RESPECTIVELY FOURTH QUARTER NET INCOME AND ADJUSTED NET INCOME IMPROVED BY 14.3% AND 7.7% YEAR-OVER-YEAR, RESPECTIVELY ORMAT ANNOUNCES FULL YEAR 2025 OUTLOOK AND GROWTH EXPECTATIONS RENO, Nev., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading renewable energy company, today announced financial results for the fourth quarter and full year ended December 31, 2024. |
globenewswire.com |
2025-02-26 18:15:00 |
Czytaj oryginał (ang.) |
Curious about Ormat Technologies (ORA) Q4 Performance? Explore Wall Street Estimates for Key Metrics |
Get a deeper insight into the potential performance of Ormat Technologies (ORA) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-02-24 12:21:34 |
Czytaj oryginał (ang.) |
Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel |
New Tolling Agreements Advance Ormat's Strategic Transition Towards a More Stable, Profitable Portfolio New Tolling Agreements Advance Ormat's Strategic Transition Towards a More Stable, Profitable Portfolio |
globenewswire.com |
2025-02-13 08:00:00 |
Czytaj oryginał (ang.) |
WKC or ORA: Which Is the Better Value Stock Right Now? |
Investors interested in Alternative Energy - Other stocks are likely familiar with World Kinect (WKC) and Ormat Technologies (ORA). But which of these two stocks is more attractive to value investors? |
zacks.com |
2025-02-12 14:41:14 |
Czytaj oryginał (ang.) |
Ormat Commences Commercial Operation of 35 MW Ijen Geothermal Facility in Indonesia, Delivering Low Carbon Geothermal Power |
RENO, Nev., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations (COD) for the 35MW Ijen geothermal power plant. The power plant is jointly owned with PT Medco Power Indonesia (“Medco Power”), through their subsidiary company, PT Medco Cahaya Geothermal (“MCG”). Ormat's share of the facility is 17MW. This is the first geothermal power plant in East Java, Indonesia, contributing to Indonesia's plan for an additional 7.2 GW of geothermal capacity by 2035. |
globenewswire.com |
2025-02-10 11:00:00 |
Czytaj oryginał (ang.) |
KGEI vs. ORA: Which Stock Should Value Investors Buy Now? |
Investors interested in Alternative Energy - Other stocks are likely familiar with Kolibri Global Energy Inc. (KGEI) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2025-01-22 14:46:28 |
Czytaj oryginał (ang.) |
Ormat Technologies Signs 10-Year PPA With Calpine Energy Solutions for Up to 15MW of Carbon-Free Geothermal Capacity |
New Geothermal PPA Advances Ormat's Portfolio Expansion Strategy and Long-Term Revenue and EBITDA Generation New Geothermal PPA Advances Ormat's Portfolio Expansion Strategy and Long-Term Revenue and EBITDA Generation |
globenewswire.com |
2025-01-22 10:30:00 |
Czytaj oryginał (ang.) |
CWEN or ORA: Which Is the Better Value Stock Right Now? |
Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWEN) and Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-12-31 15:05:43 |
Czytaj oryginał (ang.) |
CORRECTION -- Ormat Technologies Inc. |
RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- In a release issued earlier today by Ormat Technologies Inc. (NYSE: ORA), please note the original headline read "20MW/120MWH" when it should have read "20MW/20MWH." This error was introduced by GlobeNewswire. The corrected release follows: |
globenewswire.com |
2024-12-30 13:47:00 |
Czytaj oryginał (ang.) |
Ormat Technologies Secures Land for Geothermal Projects in Utah |
ORA acquires 1,678 acres of land in Utah during the Bureau of Land Management auction. |
zacks.com |
2024-12-30 11:46:19 |
Czytaj oryginał (ang.) |
Ormat Commences Commercial Operation of Montague Energy Storage Facility, Delivering 20MW/120MWh of Energy Storage Capacity to the PJM Market |
RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the successful commencement of commercial operations for its Montague energy storage facility. This 20MW/20MWh Battery Energy Storage System (BESS), located in New Jersey, will provide ancillary services on the merchant market to PJM. |
globenewswire.com |
2024-12-30 10:30:00 |
Czytaj oryginał (ang.) |
Ormat Technologies Inc. Secures Strategic Land Parcels in Utah BLM Auction to Advance Future Geothermal Development |
RENO, Nev., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced it has successfully secured 1,678 acres in Utah's Bureau of Land Management (BLM) Auction. These lease acquisitions will significantly support Ormat's ongoing operations and development projects in the state, further strengthening the company's commitment to advancing renewable energy solutions and meeting Utah's increasing demand for sustainable energy. |
globenewswire.com |
2024-12-23 10:30:00 |
Czytaj oryginał (ang.) |
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables |
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable companies, 8 met the Dogcatcher ideal, with annual dividends from a $1K investment exceeding their single share prices. Analysts estimate net gains of 15.68% to 48.08% for the top ten ESG companies by December 2025. |
seekingalpha.com |
2024-12-12 09:35:06 |
Czytaj oryginał (ang.) |
Ormat Announces Pricing of Public Offering of Common Stock on Behalf of Stockholder Orix Corporation |
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the pricing of an underwritten secondary offering of 3,700,000 shares of its common stock on behalf of ORIX Corporation. The offering is expected to close on December 13, 2024, subject to customary closing conditions. Ormat is not offering any of its common stock in the offering for its own account and will not receive any proceeds from the sale of the shares being offered by the selling stockholder. |
globenewswire.com |
2024-12-12 01:19:00 |
Czytaj oryginał (ang.) |
Ormat Announces Public Offering of Common Stock on Behalf of Stockholder ORIX Corporation |
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the commencement of an underwritten secondary offering of an aggregate of 3,700,000 shares of its common stock on behalf of ORIX Corporation. Ormat is not offering any of its common stock in the offering for its own account and will not receive any proceeds from the sale of the shares being offered by the selling stockholder. |
globenewswire.com |
2024-12-11 20:03:00 |
Czytaj oryginał (ang.) |
EE vs. ORA: Which Stock Is the Better Value Option? |
Investors with an interest in Alternative Energy - Other stocks have likely encountered both Excelerate Energy (EE) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2024-12-05 14:41:16 |
Czytaj oryginał (ang.) |
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys |
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sustainable companies offer dividends exceeding their share prices, signalling potential buy opportunities for investors. Analysts estimate net gains of 17.47% to 69.69% for the top ten sustainable companies by November 2025, based on target prices and dividends. |
seekingalpha.com |
2024-11-14 20:54:21 |
Czytaj oryginał (ang.) |
Ormat Technologies to Construct 101MW Geothermal Plant in New Zealand |
ORA secures an EPC contract valued at approximately $200 million with Contact Energy. |
zacks.com |
2024-11-13 13:36:23 |
Czytaj oryginał (ang.) |
Ormat Technologies Announces Successful Monetization of 40% Investment Tax Credit for Bottleneck Energy Storage Facility |
RENO, Nev., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the successful deal to transfer investment tax credits (ITCs) from the 80MW/320MWh Bottleneck Project to third party. This transaction, which was facilitated under the Inflation Reduction Act (IRA), represents a significant achievement in our goal to collect up to $152 million in cash tax benefits this year. |
globenewswire.com |
2024-11-12 10:40:00 |
Czytaj oryginał (ang.) |
Ormat Technologies Q3 Earnings Beat Estimates, Revenues Rise Y/Y |
ORA's third-quarter earnings beat estimates, while revenues rise year over year by 1.8%%. The company has updated its 2024 outlook. |
zacks.com |
2024-11-11 11:11:13 |
Czytaj oryginał (ang.) |
Ormat Technologies, Inc. (ORA) Q3 2024 Earnings Call Transcript |
Ormat Technologies, Inc. (NYSE:ORA ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Josh Carroll - Alpha IR Group, IR Doron Blachar - CEO Assi Ginzburg - CFO Conference Call Participants Noah Kaye - Oppenheimer Justin Clare - ROTH Capital Mark Strouse - JPMorgan Operator Good morning, and welcome to the Ormat Technologies Third Quarter 2024 Earnings Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. |
seekingalpha.com |
2024-11-08 19:07:07 |
Czytaj oryginał (ang.) |
Ormat Technologies: Growth Prospects Outpaced By Overvaluation |
Ormat Technologies is a leading geothermal power company with a stable revenue growth and an ambitious growth plan targeting 2.1GW-2.3GW capacity by FY26. Geothermal energy's stable output and lower construction costs make it a crucial component of the electricity transition, offering a valuable alternative to nuclear power. Increased debt and potential policy changes under the new Trump administration pose risks, though high margins and steady OCF production remain strengths. |
seekingalpha.com |
2024-11-08 13:40:15 |
Czytaj oryginał (ang.) |
Ormat Technologies (ORA) Q3 Earnings and Revenues Top Estimates |
Ormat Technologies (ORA) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.47 per share a year ago. |
zacks.com |
2024-11-06 22:01:40 |
Czytaj oryginał (ang.) |
Ormat Releases 2023 Sustainability Report |
RENO, Nev., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the release of its annual Sustainability Report, providing an overview of the Company's environmental, social, and governance (ESG) performance in 2023. |
globenewswire.com |
2024-10-31 18:40:00 |
Czytaj oryginał (ang.) |
CWEN vs. ORA: Which Stock Is the Better Value Option? |
Investors interested in Alternative Energy - Other stocks are likely familiar with Clearway Energy (CWEN) and Ormat Technologies (ORA). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-10-30 14:42:16 |
Czytaj oryginał (ang.) |
Analysts Estimate Ormat Technologies (ORA) to Report a Decline in Earnings: What to Look Out for |
Ormat Technologies (ORA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-30 13:07:15 |
Czytaj oryginał (ang.) |
Ormat Commences Commercial Operation of Bottleneck Storage Facility in California, Delivering 80MW/320MWh of Energy Storage Capacity |
RENO, Nev., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, announces the successful commencement of commercial operations for its largest energy storage facility, the Bottleneck project. This 80MW/320MWh Battery Energy Storage System (BESS), located in the Central Valley of California, will provide energy, capacity, and ancillary services to San Diego Gas & Electric (SDG&E) under a 15-year Power Purchase Agreement (also known as a Tolling Agreement) signed in 2022. |
globenewswire.com |
2024-10-28 10:50:00 |
Czytaj oryginał (ang.) |