
Ormat Technologies (ORA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Ormat Technologies (ORA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
NEW GEOTHERMAL PPA WITH SWITCH ENHANCES THE ECONOMICS OF ORMAT’S SALT WELLS POWER PLANT
Ormat Technologies (ORA) reported earnings 30 days ago. Whats next for the stock? We take a look at earnings estimates for some clues.
Ormat nimmt eine zentrale und zunehmend strategische Position im Sektor der erneuerbaren Energien ein. Als führendes Unternehmen im Bereich der Geothermie und Energiespeicherung bietet man eine...
Ormat Technologies (ORA) delivered earnings and revenue surprises of +10.81% and +6.96%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?
Ormat Technologies (ORA) doesnt possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Still und heimlich schiebt sich der Sektor "Utilities" mit 8,42 % Gewinnen an die Spitze des Rankings. Der Energieverbrauch der Welt steigt rapide an und Rechenzentren befeuern diesen Trend. Grund genug...
The headline numbers for Ormat Technologies (ORA) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Ormat Technologies (ORA) delivered earnings and revenue surprises of +29.73% and +5.99%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?
RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.
Ormat Technologies (ORA) reported earnings 30 days ago. Whats next for the stock? We take a look at earnings estimates for some clues.
RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. The partnership’s transaction covers the Lower Rio 60MW/120MWh storage facility and the Arrowleaf 35MW/140MWh storage and 42MW solar projects, which are expected to achieve COD by the end of 2025.
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.
Ormat Technologies beats Q1 estimates, shares rise 3%
Ormat Technologies (ORA) delivered earnings and revenue surprises of 17.24% and 1.44%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
For many investors, the main point of stock picking is to generate higher returns than the overall market. But its...
Ormat setzt mit starken Kennzahlen für das Gesamtjahr 2024 sein überdurchschnittliches Unternehmenswachstum fort. Bereits im August und Oktober 2024 berichtete ich an dieser Stelle sowie in unserem Growth-Magazin...
Ormat Technologies (ORA) delivered earnings and revenue surprises of 53.19% and 1.27%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
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, Ind...
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
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 ...
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 se...
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.
ORAs third-quarter earnings beat estimates, while revenues rise year over year by 1.8%%. The company has updated its 2024 outlook.
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.