the powerhouse in hydrogen fuel cell technology, plug power is revolutionizing the industry with cost-effective solutions that increase productivity, lower operating costs and reduce carbon footprints. its signature solution, genkey, provides an all-inclusive package for customers, incorporating genfuel hydrogen and fueling infrastructure, gencare aftermarket service and a market-specific fuel cell system. plug power maintains two system-product brands: relion, a modular, scalable fuel cell product for customers seeking solutions in critical stationary power applications; and gendrive, a lead-acid battery replacement used in electric lift trucks in high-throughput material handling applications. with more than 6,500 gendrive units deployed to material handling customers, accumulating more than 100 million hours of runtime, plug power manufactures tomorrow’s incumbent power solutions today, so customers can powerahead.
Company profile
Ticker
PLUG
Exchange
Website
CEO
Andrew Marsh
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Plug Power Hydrogen Holdings, Inc. • Joule Processing, LLC • United Hydrogen Group, Inc. • Applied Cryo Technologies, Inc. • Frames Holding BV ...
IRS number
223672377
PLUG stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Amendments to Articles of Incorporation or Bylaws
26 Apr 24
8-K
Entry into a Material Definitive Agreement
26 Mar 24
8-K
Form of Exchange Agreement
13 Mar 24
8-K
Fourth Quarter 2023 Earnings
4 Mar 24
8-K
Plug Highlights Year of Strategic Growth and Advancements in Accelerating the Green Hydrogen Economy
1 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Entry into a Material Definitive Agreement
23 Feb 24
Transcripts
PLUG
Earnings call transcript
2023 Q4
1 Mar 24
PLUG
Earnings call transcript
2023 Q3
9 Nov 23
PLUG
Earnings call transcript
2023 Q2
9 Aug 23
PLUG
Earnings call transcript
2023 Q1
9 May 23
PLUG
Earnings call transcript
2022 Q4
1 Mar 23
PLUG
Earnings call transcript
2022 Q3
8 Nov 22
PLUG
Earnings call transcript
2022 Q2
10 Aug 22
PLUG
Earnings call transcript
2022 Q1
10 May 22
PLUG
Earnings call transcript
2021 Q4
1 Mar 22
PLUG
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn |
Cash burn (monthly) | 130.28 mm | 116.05 mm | 96.07 mm | 80.75 mm | 79.64 mm | 97.54 mm |
Cash used (since last report) | 947.16 mm | 843.71 mm | 698.45 mm | 587.11 mm | 578.97 mm | 709.13 mm |
Cash remaining | 215.33 mm | 318.78 mm | 464.04 mm | 575.38 mm | 583.52 mm | 453.36 mm |
Runway (months of cash) | 1.7 | 2.7 | 4.8 | 7.1 | 7.3 | 4.6 |
Institutional ownership, Q4 2023
11.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 94 |
Opened positions | 10 |
Closed positions | 421 |
Increased positions | 23 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 35.67 bn |
Total shares | 80.39 mm |
Total puts | 542.90 k |
Total calls | 301.90 k |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
Grove Energy Capital | 54.97 mm | $1.36 bn |
D. E. Shaw & Co | 16.14 mm | $547.24 mm |
Mirae Asset Global Investments | 2.76 mm | $12.43 bn |
Pinnacle Associates | 2.67 mm | $12.01 bn |
SG Americas Securities | 1.66 mm | $7.45 mm |
Cushing Asset Management | 520.50 k | $2.34 bn |
HC Advisors | 310.20 k | $1.40 bn |
Bouvel Investment Partners | 202.36 k | $910.63 mm |
Raymond James Financial Services Advisors | 154.04 k | $693.16 mm |
Arizona State Retirement System | 151.45 k | $681.52 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Apr 24 | Hull Martin Daniel | Stock Option Common Stock | Grant | Acquire A | No | No | 2.41 | 200,000 | 482.00 k | 200,000 |
26 Apr 24 | Conway Gerard L JR | Stock Option Common Stock | Grant | Acquire A | No | No | 2.41 | 750,000 | 1.81 mm | 750,000 |
26 Apr 24 | Jose Luis Crespo | Stock Option Common Stock | Grant | Acquire A | No | No | 2.41 | 750,000 | 1.81 mm | 750,000 |
26 Apr 24 | Shrestha Sanjay K | Stock Option Common Stock | Grant | Acquire A | No | No | 2.41 | 750,000 | 1.81 mm | 750,000 |
26 Apr 24 | Middleton Paul B | Stock Option Common Stock | Grant | Acquire A | No | No | 2.41 | 750,000 | 1.81 mm | 750,000 |
News
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
3 May 24
What's Going On With Plug Power Shares Friday?
3 May 24
Plug Power Inks MOU with Allied Green Ammonia For 3GW Of Electrolyzer Supply At World-Class Green Ammonia Production Facility
3 May 24
Why Plug Power Shares Are Surging Thursday
2 May 24
Plug Power Secures Contracts To Supply Cryogenic Equipment To A Multinational Industrial Gas Company And A Statewide Electric Utility Company
2 May 24
Press releases
DEADLINE ALERT for PLUG, EVLV, BLUE, LUNA: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders
7 May 24
Class Action Filed Against Plug Power Inc. (PLUG) Seeking Recovery for Investors – Contact Levi & Korsinsky
7 May 24
INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Plug Power Inc. with Losses of $100,000 to Contact the Firm
7 May 24
Shareholders that lost money on Plug Power Inc.(PLUG) should contact The Gross Law Firm about pending Class Action - PLUG
7 May 24
Hagens Berman Files New Securities Class Action Against Plug Power (Plug) And Its Senior Executives: New Complaint Extends Alleged Fraudulent Period From Mar. 1, 2023 – Jan. 16, 2024, Inclusive; Lead Plaintiff Filing Deadline Remains May 21, 2024
6 May 24