About Ocean Thermal Energy (OTCMKTS:CPWR)
Ocean Thermal Energy Corporation, formerly TetriDyn Solutions, Inc., is a builder and operator of clean hydrothermal energy plants. The Company is also a developer of Seawater Air Conditioning plants for large commercial properties worldwide. Its Ocean Thermal Energy Conversion (OTEC) technology leverages the temperature difference in the ocean between cold deep water and warm surface water in the tropics and subtropics to generate unlimited energy without the use of fossil fuels. Its Seawater Air Conditioning (SWAC) technology produces air conditioning without the use of chemical agents. SWAC, when developed in conjunction with OTEC plants, it operates entirely without the use of fossil fuels. Its OTEC and SWAC technology reduces the output of carbon emissions. The Company’s technology can also be used to cool buildings and for fish farming and aquaculture.
Industry, Sector and Symbol:
- Industry: Application Software
- Sub-Industry: N/A
- Sector: Energy
- Symbol: OTCMKTS:CPWR
- Previous Symbol: NASDAQ:CPWR
- CUSIP: 20563810
- Web: otecorporation.com
- Trailing EPS: $1.74
- Return on Assets: -695.97%
- Outstanding Shares: 112,650,000
Frequently Asked Questions for Ocean Thermal Energy (OTCMKTS:CPWR)
What is Ocean Thermal Energy's stock symbol?
Ocean Thermal Energy trades on the OTCMKTS under the ticker symbol "CPWR."
How will Ocean Thermal Energy's stock buyback program work?
Ocean Thermal Energy declared that its Board of Directors has authorized a share buyback program on Wednesday, November 15th 2017, which allows the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 36.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were Ocean Thermal Energy's earnings last quarter?
Ocean Thermal Energy Co. (OTCMKTS:CPWR) announced its quarterly earnings results on Thursday, October, 23rd. The energy producer reported $0.09 EPS for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.03. The energy producer earned $170.90 million during the quarter, compared to analyst estimates of $171.95 million. The company's revenue was down 1.0% on a year-over-year basis. During the same period last year, the business earned $0.13 earnings per share. View Ocean Thermal Energy's Earnings History.
Who are some of Ocean Thermal Energy's key competitors?
Some companies that are related to Ocean Thermal Energy include Rosetta Stone (RST), YuMe (YUME), StatPro Group PLC (SOG), CYREN (CYRN), Great Elm Capital Group (GEC), SeaChange International (SEAC), Perion Network Ltd (PERI), Finjan Holdings (FNJN), Mysquare Ltd (MYSQ), Interactive Intelligence Group (ININ), Marketo (MKTO) and Yodlee (YDLE).
How do I buy Ocean Thermal Energy stock?
Shares of Ocean Thermal Energy can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ocean Thermal Energy's stock price today?
One share of Ocean Thermal Energy stock can currently be purchased for approximately $1.50.
How big of a company is Ocean Thermal Energy?
Ocean Thermal Energy has a market capitalization of $180.41 million.
How can I contact Ocean Thermal Energy?
MarketBeat Community Rating for Ocean Thermal Energy (OTCMKTS CPWR)MarketBeat's community ratings are surveys of what our community members think about Ocean Thermal Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Ocean Thermal Energy's mailing address is 800 S Queen St, LANCASTER, PA 17603-5818, United States. The energy producer can be reached via phone at +1-717-2991344.
Analysts' Consensus Ratings for Ocean Thermal Energy (OTCMKTS:CPWR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|Consensus Price Target History for Ocean Thermal Energy (OTCMKTS:CPWR)
Analysts' Ratings History for Ocean Thermal Energy (OTCMKTS:CPWR)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Ocean Thermal Energy (OTCMKTS:CPWR)Earnings History by Quarter for Ocean Thermal Energy (OTCMKTS CPWR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/23/2014||Q215||$0.06||$0.09||$171.95 million||$170.90 million||View||Listen|
|7/29/2014||Q115||$0.03||$0.03||$165.60 million||$164.50 million||View||N/A|
|5/22/2014||Q414||$0.08||$0.10||$211.23 million||$183.40 million||View||N/A|
|1/23/2014||Q314||$0.12||$0.15||$257.15 million||$250.50 million||View||N/A|
|7/23/2013||Q1 2014||$0.05||$0.10||$226.92 million||$227.50 million||View||N/A|
|5/21/2013||Q4 2013||$0.15||$0.05||$239.68 million||$239.90 million||View||N/A|
|1/22/2013||Q3 2013||$0.11||$0.12||$254.51 million||$257.90 million||View||N/A|
Earnings Estimates for Ocean Thermal Energy (OTCMKTS:CPWR)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History by Quarter for Ocean Thermal Energy (OTCMKTS CPWR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ocean Thermal Energy (OTCMKTS CPWR)Insider Trades by Quarter for Ocean Thermal Energy (OTCMKTS CPWR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/2/2017||Peter H Wolfson||Director||Buy||901||$5.49||$4,946.49|| |
|6/27/2014||Siclen John Van||VP||Sell||10,438||$9.96||$103,962.48|| |
|5/28/2014||Siclen John Van||VP||Sell||10,435||$10.00||$104,350.00|| |
|5/13/2014||Joseph Angileri||CFO||Sell||6,659||$10.50||$69,919.50|| |
|5/13/2014||Siclen John Van||VP||Sell||6,700||$10.50||$70,350.00|| |
|5/5/2014||Daniel Follis, Jr.||SVP||Sell||10,000||$10.50||$105,000.00|| |
|5/5/2014||Joseph Angileri||CFO||Sell||10,169||$10.50||$106,774.50|| |
|5/5/2014||Siclen John Van||VP||Sell||10,200||$10.50||$107,100.00|| |
|4/28/2014||Siclen John Van||VP||Sell||10,435||$10.35||$108,002.25|| |
|4/21/2014||Robert Paul||CEO||Sell||12,653||$10.17||$128,681.01|| |
|4/1/2014||Daniel Follis, Jr.||SVP||Sell||10,000||$10.55||$105,500.00|| |
|4/1/2014||Joseph Angileri||CFO||Sell||50,000||$10.58||$529,000.00|| |
|3/28/2014||G Scott Romney||Director||Sell||100,742||$10.32||$1,039,657.44|| |
|3/28/2014||Siclen John Van||VP||Sell||10,435||$10.36||$108,106.60|| |
|3/17/2014||Robert Paul||CEO||Sell||10,000||$10.34||$103,400.00|| |
|3/4/2014||Robert Paul||CEO||Sell||30,000||$10.94||$328,200.00|| |
|3/4/2014||Siclen John Van||VP||Sell||40,000||$11.02||$440,800.00|| |
|3/3/2014||Daniel Follis, Jr.||SVP||Sell||10,000||$10.82||$108,200.00|| |
|3/3/2014||Joseph Angileri||CFO||Sell||85,000||$10.81||$918,850.00|| |
|3/3/2014||Kris Manery||VP||Sell||104,169||$10.84||$1,129,191.96|| |
|2/26/2014||Joseph Angileri||CFO||Sell||35,000||$10.76||$376,600.00|| |
|2/18/2014||Robert Paul||CEO||Sell||30,000||$10.51||$315,300.00|| |
|2/3/2014||Robert Paul||CEO||Sell||10,000||$10.12||$101,200.00|| |
|1/2/2014||Daniel Follis, Jr.||SVP||Sell||10,000||$11.17||$111,700.00|| |
|1/2/2014||Joseph Angileri||CFO||Sell||85,000||$11.13||$946,050.00|| |
|1/2/2014||Robert Paul||CEO||Sell||95,000||$11.14||$1,058,300.00|| |
|1/2/2014||Siclen John Van||VP||Sell||20,000||$11.18||$223,600.00|| |
|12/26/2013||Joseph Angileri||CFO||Sell||29,339||$11.29||$331,237.31|| |
|12/24/2013||Joseph Angileri||CFO||Sell||11,761||$11.25||$132,311.25|| |
|12/19/2013||Joseph Angileri||CFO||Sell||8,900||$11.25||$100,125.00|| |
|12/12/2013||Faye Alexander Nelson||Director||Sell||10,000||$11.00||$110,000.00|| |
|12/9/2013||Robert Paul||CEO||Sell||9,200||$11.00||$101,200.00|| |
|12/9/2013||Siclen John Van||VP||Sell||20,000||$11.00||$220,000.00|| |
|12/9/2013||William Grabe||Director||Sell||40,000||$10.99||$439,600.00|| |
|12/5/2013||Dennis Archer||Director||Sell||10,000||$10.76||$107,600.00|| |
|12/2/2013||Daniel Follis, Jr.||SVP||Sell||10,000||$10.92||$109,200.00|| |
|12/2/2013||Joseph Angileri||CFO||Sell||85,000||$10.93||$929,050.00|| |
|12/2/2013||Robert Paul||CEO||Sell||90,800||$10.92||$991,536.00|| |
|11/27/2013||Robert Paul||CEO||Sell||10,000||$11.05||$110,500.00|| |
|11/27/2013||Siclen John Van||VP||Sell||20,000||$11.06||$221,200.00|| |
|11/1/2013||Robert C Paul||CEO||Sell||90,000||$10.65||$958,500.00|| |
|10/30/2013||Joseph R Angileri||CFO||Sell||3,035||$10.75||$32,626.25|| |
|10/29/2013||Joseph R Angileri||CFO||Sell||81,965||$10.70||$877,025.50|| |
|10/28/2013||Daniel S Follis Jr||SVP||Sell||10,000||$10.67||$106,700.00|| |
|9/16/2013||Siclen John Van||VP||Sell||28,722||$10.89||$312,782.58|| |
Headline Trends for Ocean Thermal Energy (OTCMKTS:CPWR)
Latest Headlines for Ocean Thermal Energy (OTCMKTS CPWR)
Ocean Thermal Energy (OTCMKTS CPWR) Chart for Friday, November, 17, 2017