Ormat Technologies

-0.30 (-0.39%)
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Market Cap (Intraday)3.89B
Current PE39.88
Forward PE 38.52
2yr Forward PE 36.49
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Estimates Current Quarter
Revenue$184.41 Million
Adjusted EPS$0.51
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10-Day MA$76.12
50-Day MA$74.84
200-Day MA$64.72
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6225 NEIL ROAD, SUITE 300, RENO, NV 89511-1136
United States of America
Phone: 775-356-9029
Number of Employees: 1180


Ormat Technologies, Inc. engages in geothermal and recovered energy power business worldwide. The company operates in two segments, Electricity and Product. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation, such as fossil fuel powered turbo-generators and heavy duty direct-current generators. It also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.