Ormat Technologies Inc

NYSE:ORA   1:19:28 PM EDT
86.46
-3.89 (-4.30%)
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Market Cap (Intraday)4.83B
Current PE52.25
Forward PE 49.13
2yr Forward PE 60.04
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Estimates Current Quarter
Revenue$185.25 Million
Adjusted EPS$0.54
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10-Day MA$103.25
50-Day MA$104.53
200-Day MA$76.04
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Ormat Technologies, Inc. Stock, NYSE:ORA

6140 Plumas Street, 6140 Plumas Street, Reno, Nevada 89519-6075
United States of America
Phone: +1.775.356.9029
Number of Employees: 1408

Description

Ormat Technologies, Inc. is a holding company, which engages in the provision of geothermal and recovered energy power business. It operates through the following segments: Electricity, Products, and Energy Storage and Management Services (ESMS). The Electricity segment focuses in the sale of electricity from the company's power plants pursuant to PPAs. The Product segment involves in the manufacture, including design and development, of turbines and power units for the supply of electrical energy and in the associated construction of power plants utilizing the power units manufactured by the company to supply energy from geothermal fields and other alternative energy sources. The ESMS segment comprises battery energy storage systems as a service and management of curtailable customer loads under contracts with U.S. retail energy providers and directly with large commercial and industrial customers. The company was founded in 1965 and is headquartered in Reno, NV.