How have CPWR shares performed in 2024?

Ocean Thermal Energy's stock was trading at $0.01 at the beginning of the year. Since then, CPWR shares have increased by 200.0% and is now trading at $0.03. View the best growth stocks for 2024 here .

Are investors shorting Ocean Thermal Energy?

Ocean Thermal Energy saw a decline in short interest in April. As of April 15th, there was short interest totaling 2,300 shares, a decline of 96.9% from the March 31st total of 75,200 shares. Based on an average trading volume of 321,500 shares, the short-interest ratio is presently 0.0 days. View Ocean Thermal Energy's Short Interest .

How were Ocean Thermal Energy's earnings last quarter?

Ocean Thermal Energy Co. (OTCMKTS:CPWR) announced its quarterly earnings results on Thursday, March, 28th. The energy producer reported $1.79 earnings per share for the quarter.

Is Ocean Thermal Energy a good dividend stock?

Ocean Thermal Energy (OTCMKTS:CPWR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 208.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CPWR .

What other stocks do shareholders of Ocean Thermal Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Thermal Energy investors own include Moelis & Company (MC) , NovelStem International (HOLL) , (KOG) (KOG) , Vaccinex (VCNX) , Whiting USA Trust II (WHZT) , Whiting Petroleum (WLL) , Apple Hospitality REIT (APLE) , Applegreen (APGN) , Hollywood Bowl Group (BOWL) and Compugen (CGEN) .

How do I buy shares of Ocean Thermal Energy?

Shares of CPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CPWR

Ocean Thermal Energy (CPWR) Stock Price, News & Analysis

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$0.03

+0.01 (+50.00%)

(As of 04/26/2024 08:54 PM ET)

Compare

Today's Range: $0.03
▼
$0.03
50-Day Range: $0.01
▼
$0.04
52-Week Range: $0.00
▼
$0.04

Volume: 25,000 shs
Average Volume: 152,124 shs
Market Capitalization: N/A

P/E Ratio: 0.13
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Earnings Financials Short Interest

Get Ocean Thermal Energy alerts:

Ocean Thermal Energy MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.72
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.29 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ocean Thermal Energy.

4.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Ocean Thermal Energy has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ocean Thermal Energy has recently decreased by 96.94%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ocean Thermal Energy does not currently pay a dividend.
Dividend Growth
Ocean Thermal Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ocean Thermal Energy is 208.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CPWR.

2.6

News and Social Media Coverage

News Sentiment
Ocean Thermal Energy has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ocean Thermal Energy this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ocean Thermal Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.30% of the stock of Ocean Thermal Energy is held by insiders.
Percentage Held by Institutions
84.65% of the stock of Ocean Thermal Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ocean Thermal Energy is 0.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ocean Thermal Energy is 0.13, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 80.11.

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About Ocean Thermal Energy Stock (OTCMKTS:CPWR)

Ocean Thermal Energy Corporation, together with its subsidiaries, engages in the development of projects for renewable power generation, desalinated water production, and air conditioning worldwide. It designs and develops ocean thermal energy conversion, and seawater and lake water air conditioning plants for commercial properties, utilities, and municipalities. The company produces electricity through ocean thermal electrical conversion plants and provides air conditioning for large commercial buildings or other facilities through seawater air conditioning and lake source cooling plants. It also produces fresh and desalinated water for human consumption, agricultural, mariculture, and fish farming/aquaculture uses. In addition, the company is involved in the development and commercialization of EcoVillages, a socially, economically, and ecologically sustainable communities. It has strategic relationships with DCO Energy, LLC. The company was founded in 1998 and is headquartered in Lancaster, Pennsylvania.

CPWR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CPWR Stock News Headlines

April 25, 2024 | msn.com

Sabah state assembly passes new Ocean Thermal Energy Conversion Enactment

April 25, 2024 | americanbankingnews.com

Ocean Thermal Energy (OTCMKTS:CPWR) Stock Price Crosses Above Two Hundred Day Moving Average of $0.01

April 29, 2024 | InvestorPlace (Ad)

Have You Seen Elon’s New A.I. Device? (Picture Inside)

April 21, 2024 | investing.com

Ocean Thermal Energy Corp (CPWR)

January 30, 2024 | finance.yahoo.com

Ocean Thermal Energy Corporation (CPWR)

November 15, 2023 | oilprice.com

Ocean Thermal Energy: The Future of Renewable Power?

September 22, 2022 | msn.com

Harnessing ocean resources for sustainable energy transitions

June 8, 2022 | washingtonpost.com

Protecting Our Planet: Energy Efficiency

See More Headlines

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Company Calendar

Last Earnings: 3/28/2024
Today: 4/29/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Utilities
Industry: Utilities - Renewable
Sub-Industry: N/A
Current Symbol: OTCMKTS:CPWR
Previous Symbol: NASDAQ:CPWR
CUSIP: 20563810
CIK: 859014
Web: otecorporation.com
Phone: (717) 299-1344
Fax: N/A
Employees: 2
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 0.13
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Jeremy P. Feakins (Age 70)
Chairman of the Board, CEO, CFO, Secretary & Treasurer
Comp: $427.02k
Mr. Gerald S. Koenig Esq.
General Counsel & Head of Government Affairs

Key Competitors

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CPWR Stock Analysis - Frequently Asked Questions

How have CPWR shares performed in 2024?: Ocean Thermal Energy's stock was trading at $0.01 at the beginning of the year. Since then, CPWR shares have increased by 200.0% and is now trading at $0.03.
View the best growth stocks for 2024 here.
Are investors shorting Ocean Thermal Energy?: Ocean Thermal Energy saw a decline in short interest in April. As of April 15th, there was short interest totaling 2,300 shares, a decline of 96.9% from the March 31st total of 75,200 shares. Based on an average trading volume of 321,500 shares, the short-interest ratio is presently 0.0 days.
View Ocean Thermal Energy's Short Interest.
How were Ocean Thermal Energy's earnings last quarter?: Ocean Thermal Energy Co. (OTCMKTS:CPWR) announced its quarterly earnings results on Thursday, March, 28th. The energy producer reported $1.79 earnings per share for the quarter.
Is Ocean Thermal Energy a good dividend stock?: Ocean Thermal Energy (OTCMKTS:CPWR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 208.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CPWR.

What other stocks do shareholders of Ocean Thermal Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Thermal Energy investors own include Moelis & Company (MC), NovelStem International (HOLL), (KOG) (KOG), Vaccinex (VCNX), Whiting USA Trust II (WHZT), Whiting Petroleum (WLL), Apple Hospitality REIT (APLE), Applegreen (APGN), Hollywood Bowl Group (BOWL) and Compugen (CGEN).
How do I buy shares of Ocean Thermal Energy?: Shares of CPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CPWR) was last updated on 4/29/2024 by MarketBeat.com Staff

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