Ormat Technologies Inc

NYSE:ORA  
86.20
-0.15 (-0.17%)
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Market Cap (Intraday)4.81B
Current PE59.58
Forward PE 66.31
2yr Forward PE 42.46
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Estimates Current Quarter
Revenue$167.17 Million
Adjusted EPS$0.27
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10-Day MA$90.20
50-Day MA$91.89
200-Day MA$80.02
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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: 1385

Description

Ormat Technologies, Inc. operates as a holding company. The firm engages in the geothermal and recovered energy power businesses. It operates through the following segments: Electricity, Product and Energy Storage. The Electricity segment focuses on the sale of electricity from the company's power plants pursuant to power purchase agreements. The Product segment involves 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 Energy Storage segment consists of 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.