Ormat Technologies, Inc. (TLV: ORA)

Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
27,390
-220 (-0.80%)
Sep 12, 2024, 5:24 PM IDT
-4.70%
Market Cap 17.04B
Revenue (ttm) 3.34B
Net Income (ttm) 497.03M
Shares Out n/a
EPS (ttm) 8.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Aug 20, 2024
Volume 62,338
Open 27,850
Previous Close 27,610
Day's Range 27,210 - 27,950
52-Week Range 22,390 - 29,480
Beta 0.53
Analysts n/a
Price Target n/a
Earnings Date Nov 1, 2024

About Ormat Technologies

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electr... [Read more]

Sector Utilities
Founded 1965
Employees 1,576
Stock Exchange Tel Aviv Stock Exchange
Ticker Symbol ORA
Full Company Profile

Financial Performance

In 2023, Ormat Technologies's revenue was $829.42 million, an increase of 12.98% compared to the previous year's $734.16 million. Earnings were $124.40 million, an increase of 88.94%.

Financial numbers in USD Financial Statements

News

Ormat signs first tolling agreements in Texas for two energy storage facilities

Ormat Technologies (ORA) gains +1% after signing first tolling agreements in Texas for energy storage facilities, boosting grid reliability and...

4 weeks ago - Seeking Alpha

Ormat Technologies Reports Second Quarter 2024 Financial Results

Consistent Improvement Across All Operating Segments Highlights Committement Toward Continued Profitable Growth Consistent Improvement Across All Operating Segments Highlights Committement Toward Cont...

5 weeks ago - GlobeNewsWire

Ormat Secures 15-Year Resource Adequacy Purchase and Sale Agreement With the City of Riverside for the 80MW/320MWh Shirk Energy Storage Facility

AGREEMENT SUPPORTS ORMAT'S GROWTH TRAJECTORY AND ADVANCES THE ONGOING TRANSITION TO A MORE STABLE, PROFITABLE ENERGY STORAGE PORTFOLIO AGREEMENT SUPPORTS ORMAT'S GROWTH TRAJECTORY AND ADVANCES THE ONG...

7 weeks ago - GlobeNewsWire

Ormat Technologies, Inc. (ORA) Q1 2024 Earnings Call Transcript

Ormat Technologies, Inc. (NYSE:ORA) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Josh Carroll - Alpha IR Group, IR Doron Blachar - CEO Assaf Ginzburg - CFO Conference...

4 months ago - Seeking Alpha

Ormat Technologies Reports First Quarter 2024 Financial Results

Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments

4 months ago - GlobeNewsWire

Ormat Technologies: An Expensive Vertically Integrated Gem

Ormat Technologies is a leading global company in geothermal power generation with an installed capacity of 1215 MW. The company's business is structured around three segments: Electricity, Product, a...

6 months ago - Seeking Alpha

Ormat Technologies, Inc. (ORA) Q4 2023 Earnings Call Transcript

Ormat Technologies, Inc. (NYSE:ORA) Q4 2023 Earnings Conference Call February 22, 2024 10:00 AM ET

7 months ago - Seeking Alpha

Ormat Technologies Reports Fourth Quarter and Year-End 2023 Financial Results

DELIVERED A 77.8% INCREASE IN ANNUAL DILUTED EPS AND A 25.0% INCREASE IN ANNUAL ADJUSTED DILUTED EPS COMPARED TO PRIOR YEAR

7 months ago - GlobeNewsWire

Ormat Secures Approval for PPA Amendments Between Its Puna Geothermal Venture and Hawaiian Electric

Amended and restated PPA secures fixed energy rate, PPA extension and project expansion

7 months ago - GlobeNewsWire

Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2023 Financial Results

RENO, Nev., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its fourth quarter and full year 2023 fi...

8 months ago - GlobeNewsWire

Ormat Completed the Acquisition of Contracted Operating Geothermal and Solar Assets From Enel Green Power North America

RENO, Nev., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announces that it has closed the previously announced acquisition of a portfolio...

9 months ago - GlobeNewsWire

Ormat Secures 15-Year Energy Storage Service Agreement With San Diego Community Power for Pomona 2 Energy Storage Facility

Agreement Supports SDCP's Mission to Bring Clean, Reliable Energy to Its Customers Agreement Supports SDCP's Mission to Bring Clean, Reliable Energy to Its Customers

9 months ago - GlobeNewsWire

Ormat Technologies, Inc. (ORA) Q3 2023 Earnings Call Transcript

Ormat Technologies, Inc. (NYSE:ORA) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Alec Steinberg - Investor Relations, Alpha IR Doron Blachar - Chief Executive Of...

11 months ago - Seeking Alpha

Ormat Technologies Reports Third Quarter 2023 Financial Results

Execution of Growth Strategy Drives Double Digit Net Income and Adjusted EBITDA Expansion Execution of Growth Strategy Drives Double Digit Net Income and Adjusted EBITDA Expansion

11 months ago - GlobeNewsWire

Ormat Technologies: EGS Could Provide Unexpected Upside

EGS is still an unproven technology, but there has been recent progress towards commercialization. Ormat Technologies, although not currently involved in EGS projects, could benefit from the commercia...

11 months ago - Seeking Alpha

Ormat to Acquire Contracted Operating Geothermal and Solar Assets in Nevada, Utah, and Connecticut for $271 Million

RENO, Nev., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announced today that it has entered into a purchase agreement with Enel Green Po...

11 months ago - GlobeNewsWire

Ormat Releases 2022 Sustainability Report

Company Continues Its Commitment to Corporate Responsibility and Sustainability Company Continues Its Commitment to Corporate Responsibility and Sustainability

1 year ago - GlobeNewsWire

Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2023 Financial Results

RENO, Nev., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter 2023 financial results...

1 year ago - GlobeNewsWire

Ormat Secures Contract With Mercury New Zeleand to Construct and Supply New 56 MW Geothermal Power Plant

RENO, Nev., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that the Company has signed new contracts with Mercury NZ Limit...

1 year ago - GlobeNewsWire

Ormat and Gotion Sign a New Multi-Year Agreement Supporting the Company's Energy Storage Growth Plans

RENO, Nev., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it has secured a new multi-year contract in partnership wi...

1 year ago - GlobeNewsWire

Ormat to Ring Opening Bell at the New York Stock Exchange to Celebrate Entering Its 20th Year of Trading on the NYSE

RENO, Nev., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it will ring the opening bell at the New York Stock Exchang...

1 year ago - GlobeNewsWire

Ormat Technologies, Inc. (ORA) Q2 2023 Earnings Call Transcript

Ormat Technologies, Inc. (NYSE:ORA) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Alec Steinberg - Investor Relations, Alpha IR Doron Blachar - Chief Executive Offi...

1 year ago - Seeking Alpha

Ormat Technologies Reports Second Quarter 2023 Financial Results

STRATEGIC PORTFOLIO GROWTH AND CAPACITY ADDITIONS DRIVE SUBSTANTIAL INCREASE IN NET INCOME NEW TARGET INCREASED TO 1.9 GW - 2.0 GW BY YEAR END 2025, DRIVEN BY SUCCESSFUL EXPANSION EFFORTS HIGHLIGHTS T...

1 year ago - GlobeNewsWire

Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2023 Financial Results

RENO, Nev., July 06, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its second quarter 2023 financial result...

1 year ago - GlobeNewsWire

Ormat Seeks Supplemental NEPA Review for the Dixie Meadows Geothermal Project to Ensure Responsible Development and Environmental Stewardship

RENO, Nev., July 06, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that its wholly owned subsidiary Ormat Nevada Inc. recently requ...

1 year ago - GlobeNewsWire