Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.
Company profile
Ticker
NRGV
Exchange
Website
CEO
Mr. Robert Allen Piconi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Ceridian HCM Holding Inc.
SEC CIK
Corporate docs
Subsidiaries
Energy Vault, Inc. • Calistoga Resiliency Center, LLC • Cetus Energy LLC • Cross Trails Energy • Snyder Housing LLC • Energy Vault SA • Energy Vault Pty Ltd • Energy Vault Solutions UK Limited • Energy Vault Nantong Co., Ltd. ...
IRS number
853230987
NRGV stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
13 Sep 24
10-Q
2024 Q2
Quarterly report
6 Aug 24
8-K
Energy Vault Reports Second Quarter 2024 Financial Results
6 Aug 24
8-K/A
Submission of Matters to a Vote of Security Holders
28 May 24
8-K
Submission of Matters to a Vote of Security Holders
24 May 24
8-K
Results of Operations and Financial Condition
9 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Energy Vault Reports First Quarter 2024 Financial Results
8 May 24
8-K/A
Departure of Directors or Certain Officers
19 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
Transcripts
NRGV
Earnings call transcript
2024 Q2
6 Aug 24
NRGV
Earnings call transcript
2023 Q4
12 Mar 24
NRGV
Earnings call transcript
2023 Q3
7 Nov 23
NRGV
Earnings call transcript
2023 Q2
8 Aug 23
NRGV
Earnings call transcript
2023 Q2
8 Aug 23
NRGV
Earnings call transcript
2023 Q1
9 May 23
NRGV
Earnings call transcript
2022 Q4
7 Mar 23
NRGV
Earnings call transcript
2022 Q3
14 Nov 22
NRGV
Earnings call transcript
2022 Q2
8 Aug 22
NRGV
Earnings call transcript
2022 Q1
17 May 22
Latest ownership filings
144
Notice of proposed sale of securities
11 Oct 24
144
Notice of proposed sale of securities
10 Oct 24
144
Notice of proposed sale of securities
9 Oct 24
4
Marco Terruzzin
9 Oct 24
144
Notice of proposed sale of securities
8 Oct 24
4
Marco Terruzzin
7 Oct 24
4
Akshay Ladwa
7 Oct 24
144
Notice of proposed sale of securities
7 Oct 24
144
Notice of proposed sale of securities
4 Oct 24
144
Notice of proposed sale of securities
4 Oct 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 112.95 mm | 112.95 mm | 112.95 mm | 112.95 mm | 112.95 mm | 112.95 mm |
Cash burn (monthly) | 7.94 mm | 4.34 mm | 9.30 mm | 8.16 mm | 4.26 mm | 1.06 mm |
Cash used (since last report) | 30.16 mm | 16.48 mm | 35.28 mm | 30.98 mm | 16.19 mm | 4.01 mm |
Cash remaining | 82.80 mm | 96.48 mm | 77.67 mm | 81.97 mm | 96.76 mm | 108.94 mm |
Runway (months of cash) | 10.4 | 22.2 | 8.4 | 10.0 | 22.7 | 103.1 |
Institutional ownership, Q2 2024
35.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 102 |
Opened positions | 21 |
Closed positions | 16 |
Increased positions | 24 |
Reduced positions | 30 |
13F shares | Current |
---|---|
Total value | 45.65 bn |
Total shares | 53.69 mm |
Total puts | 0.00 |
Total calls | 107.20 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
SB Investment Advisers | 18.54 mm | $17.60 bn |
SailingStone Capital Partners | 8.15 mm | $7.74 bn |
BLK BlackRock | 6.48 mm | $6.15 bn |
Helena Special Investments | 3.46 mm | $17.39 mm |
Geode Capital Management | 2.10 mm | $1.99 bn |
STT State Street | 1.83 mm | $1.74 bn |
Idealab Studio | 1.73 mm | $0.00 |
Vanguard | 1.72 mm | $1.64 bn |
IVZ Invesco | 1.53 mm | $1.46 bn |
Cresset Asset Management | 853.26 k | $810.25 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Oct 24 | Marco Terruzzin | Common Stock | Sell | Dispose S | No | Yes | 0.882 | 22,222 | 19.60 k | 1,482,778 |
7 Oct 24 | Marco Terruzzin | Common Stock | Sell | Dispose S | No | Yes | 0.9425 | 22,222 | 20.94 k | 1,505,000 |
4 Oct 24 | Akshay Ladwa | Common Stock | Sell | Dispose S | No | No | 0.9201 | 3,323 | 3.06 k | 1,496,948 |
4 Oct 24 | Marco Terruzzin | Common Stock | Sell | Dispose S | No | Yes | 0.9241 | 22,222 | 20.54 k | 1,527,222 |
3 Oct 24 | Marco Terruzzin | Common Stock | Sell | Dispose S | No | Yes | 0.9385 | 22,222 | 20.86 k | 1,549,444 |
2 Oct 24 | Marco Terruzzin | Common Stock | Sell | Dispose S | No | Yes | 0.948 | 22,222 | 21.07 k | 1,571,666 |
1 Oct 24 | Marco Terruzzin | Common Stock | Sell | Dispose S | No | Yes | 0.9469 | 22,222 | 21.04 k | 1,593,888 |
13 Sep 24 | Robert Piconi | Common Stock | Buy | Acquire P | No | No | 0.8673 | 300,000 | 260.19 k | 17,476,220 |
News
Why Is Electrical Equipment Company Energy Vault Stock Rocketing On Monday?
21 Oct 24
Energy Vault And Enervest Announce $350M Agreement For 1.0 GWh Energy Storage Project For The Stoney Creek Battery Energy Storage System In New South Wales, Australia
21 Oct 24
12 Industrials Stocks Moving In Friday's Intraday Session
18 Oct 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
16 Oct 24
12 Industrials Stocks Moving In Tuesday's After-Market Session
15 Oct 24
Press releases
Energy Vault and Enervest Announce Agreement for 1.0 GWh Energy Storage Project for the Stoney Creek Battery Energy Storage System in New South Wales, Australia
21 Oct 24
Energy Vault Schedules Conference Call to Discuss Third Quarter 2024 Financial Results
10 Oct 24
Energy Vault Continues to Execute on Growth Strategy with Ownership of Energy Storage Projects and Launches Project Financing
2 Oct 24
Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08
27 Sep 24
Energy Vault Holdings, Inc. Receives Notice of Non-Compliance With Continued Listing Standard from NYSE
13 Sep 24