energy recovery (nasdaq:erii) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments. with award winning technology, energy recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. energy recovery products save clients more than $1.5 billion (usd) annually. headquartered in the bay area, energy recovery has offices in ireland, shanghai, and dubai. for more information about the company, please visit our website at www.energyrecovery.com.
Company profile
Ticker
ERII
Exchange
Website
CEO
Yu Lang Mao
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Energy Recovery Iberia, S.L. • Energy Recovery Canada, Corp. ...
IRS number
10616867
ERII stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
22 Apr 24
8-K
Departure of Directors or Certain Officers
22 Apr 24
8-K
Energy Recovery Announces CFO Transition
21 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Energy Recovery Reports Record Full Year and Fourth Quarter Revenue for 2023
21 Feb 24
8-K/A
Departure of Directors or Certain Officers
31 Jan 24
8-K
Energy Recovery Appoints David Moon as President and CEO
22 Jan 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Energy Recovery Achieves 22% Year-on-Year Quarterly Revenue Growth, Beating Guidance
1 Nov 23
8-K
Departure of Directors or Certain Officers
27 Oct 23
Transcripts
ERII
Earnings call transcript
2023 Q3
1 Nov 23
ERII
Earnings call transcript
2023 Q2
2 Aug 23
ERII
Earnings call transcript
2023 Q1
3 May 23
ERII
Earnings call transcript
2022 Q4
23 Feb 23
ERII
Earnings call transcript
2022 Q3
3 Nov 22
ERII
Earnings call transcript
2022 Q2
4 Aug 22
ERII
Earnings call transcript
2022 Q1
5 May 22
ERII
Earnings call transcript
2021 Q4
25 Feb 22
ERII
Earnings call transcript
2021 Q3
7 Nov 21
ERII
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
Joshua Ballard
13 Mar 24
4
Rodney Clemente
13 Mar 24
4
William Yeung
13 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
Robert Yu Lang Mao
6 Mar 24
4
Robert Yu Lang Mao
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
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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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 51.57 mm | 51.57 mm | 51.57 mm | 51.57 mm | 51.57 mm | 51.57 mm |
Cash burn (monthly) | (no burn) | 55.75 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 380.53 k | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 51.19 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 918.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 179 |
Opened positions | 21 |
Closed positions | 22 |
Increased positions | 71 |
Reduced positions | 53 |
13F shares | Current |
---|---|
Total value | 954.42 bn |
Total shares | 48.34 mm |
Total puts | 26.70 k |
Total calls | 56.20 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.96 mm | $105.31 bn |
FMR | 3.91 mm | $82.95 bn |
Vanguard | 2.89 mm | $61.36 bn |
Sundt AS | 2.68 mm | $51.99 mm |
Brown Capital Management | 2.65 mm | $56.12 bn |
FIL | 2.26 mm | $47.85 bn |
Avenir | 1.78 mm | $37.77 bn |
Jennison Associates | 1.52 mm | $32.28 bn |
Diamond Hill Capital Management | 1.36 mm | $28.93 bn |
Trigran Investments | 1.33 mm | $28.29 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | William Yeung | Common Stock | Sell | Dispose S | No | No | 14.982 | 978 | 14.65 k | 87,303 |
11 Mar 24 | Joshua Ballard | Common Stock | Sell | Dispose S | No | No | 14.982 | 979 | 14.67 k | 44,427 |
11 Mar 24 | Clemente Rodney | Common Stock | Sell | Dispose S | No | No | 14.982 | 825 | 12.36 k | 142,681 |
1 Mar 24 | Mao Robert Yu Lang | Common Stock | Sell | Dispose S | No | No | 16.206 | 32,883 | 532.90 k | 176,112 |
1 Mar 24 | Mao Robert Yu Lang | Common Stock | Sell | Dispose S | No | No | 16.22 | 5,142 | 83.40 k | 208,995 |
1 Mar 24 | Mao Robert Yu Lang | Common Stock | Option exercise | Acquire M | No | No | 2.92 | 32,883 | 96.02 k | 214,137 |
1 Mar 24 | Mao Robert Yu Lang | Common Stock | Option exercise | Acquire M | No | No | 3.53 | 5,142 | 18.15 k | 181,254 |
1 Mar 24 | Mao Robert Yu Lang | Stock Option Common Stock | Option exercise | Dispose M | No | No | 2.92 | 32,883 | 96.02 k | 20,509 |
1 Mar 24 | Mao Robert Yu Lang | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.53 | 5,142 | 18.15 k | 0 |
29 Feb 24 | Mao Robert Yu Lang | Common Stock | Sell | Dispose S | No | No | 15.58 | 39,314 | 612.51 k | 176,112 |
News
Evercore ISI Group Maintains Outperform on Energy Recovery, Lowers Price Target to $24
28 Feb 24
Energy Recovery Announces CFO Transition, Joshua Ballard Has Made The Decision To Step Down At The End Of June 2024. A Search To Identify Energy Recovery's Next CFO Is Underway
21 Feb 24
12 Industrials Stocks Moving In Wednesday's After-Market Session
21 Feb 24
Energy Recovery Q4 2023 Adj EPS $0.39 Beats $0.38 Estimate, Sales $57.19M Miss $63.57M Estimate
21 Feb 24
Earnings Scheduled For February 21, 2024
21 Feb 24
Press releases
374Water Appoints Chris Gannon as New CEO to Spearhead Scaling of its Revolutionary Waste and Water Treatment Technology
23 Apr 24
Energy Recovery to Release First Quarter 2024 Financial Results
3 Apr 24
Energy Recovery Announces CFO Transition
21 Feb 24
Energy Recovery Reports Record Full Year and Fourth Quarter Revenue for 2023
21 Feb 24
Energy Recovery Announces $28 Million in Desalination Contracts for Flagship PX Q400 Energy Recovery Device
13 Feb 24