with over five decades of experience, ormat technologies, inc. is a leading geothermal company and the only vertically integrated company solely engaged in geothermal and recovered energy generation (reg), with the objective of becoming a leading global provider of renewable energy. the company owns, operates, designs, manufactures and sells geothermal and reg power plants primarily based on the ormat energy converter - a power generation unit that converts low-, medium- and high-temperature heat into electricity. with 69 u.s. patents, ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. ormat has 470 employees in the united states and over 600 overseas. ormat’s flexible, modular solutions for geothermal power and reg are ideal for the vast range of resource characteristics. the company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling o
Company profile
Ticker
ORA
Exchange
Website
CEO
Doron Blachar
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Ormat Nevada Inc. • Ormat International Inc. • Ormat Systems Ltd. • OFC 2, LLC • ORNI 39, LLC • ORNI 41, LLC • Orpd, LLC • Opal Geo, LLC • OrLeaf, LLC • Ormat Holding Corporation ...
IRS number
880326081
ORA stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
PRE 14A
Preliminary proxy
15 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Ormat Technologies Reports Fourth Quarter and Year-end 2023 Financial Results
21 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Ormat Technologies Reports Third Quarter 2023 Financial Results
8 Nov 23
8-K
Ormat to Acquire Contracted Operating Geothermal and Solar Assets In Nevada, Utah, and Connecticut for $271 Million
24 Oct 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
Transcripts
ORA
Earnings call transcript
2023 Q4
22 Feb 24
ORA
Earnings call transcript
2023 Q3
9 Nov 23
ORA
Earnings call transcript
2023 Q2
3 Aug 23
ORA
Earnings call transcript
2023 Q1
23 May 23
ORA
Earnings call transcript
2023 Q1
10 May 23
ORA
Earnings call transcript
2022 Q4
23 Feb 23
ORA
Earnings call transcript
2022 Q3
3 Nov 22
ORA
Earnings call transcript
2022 Q2
7 Aug 22
ORA
Earnings call transcript
2022 Q1
3 May 22
ORA
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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) | 186.27 mm | 186.27 mm | 186.27 mm | 186.27 mm | 186.27 mm | 186.27 mm |
Cash burn (monthly) | 69.71 mm | 5.56 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 479.27 mm | 38.26 mm | n/a | n/a | n/a | n/a |
Cash remaining | -293.01 mm | 148.01 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.2 | 26.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 281 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | Stanley Stern | Common Stock | Sell | Dispose S | No | No | 66.95 | 1,825 | 122.18 k | 4,835 |
21 Mar 24 | Blachar Doron | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,252 | 0.00 | 20,911 |
21 Mar 24 | Blachar Doron | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,252 | 0.00 | 6,757 |
21 Mar 24 | Shimon Hatzir | Common Stock | Option exercise | Acquire M | No | No | 0 | 876 | 0.00 | 3,170 |
21 Mar 24 | Shimon Hatzir | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 876 | 0.00 | 2,627 |
21 Mar 24 | Ginzburg Assi | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,064 | 0.00 | 25,948 |
21 Mar 24 | Ginzburg Assi | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,064 | 0.00 | 3,190 |
21 Mar 24 | Ofer Benyosef | Common Stock | Option exercise | Acquire M | No | No | 0 | 626 | 0.00 | 5,177 |
21 Mar 24 | Ofer Benyosef | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 626 | 0.00 | 1,876 |
News
Ormat Technologies Signs PPA With Electricité De France For A New Geothermal Power Plant In Guadeloupe
4 Mar 24
Ormat Technologies's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
29 Feb 24
Ormat Technologies FY24 Revenue $860M-$910M Vs $910.16M Est.;
21 Feb 24
Ormat Technologies Q4 EPS $0.67 Beats $0.59 Estimate, Sales $241.30M Beat $239.71M Estimate
21 Feb 24
Earnings Scheduled For February 21, 2024
21 Feb 24