Streetbeat News

NPWR

NET Power Inc.

https://www.netpower.com

Industry

Industrial - Machinery

NET Power Inc. operates as a clean energy technology company. It invents, develops, and licenses clean power generation technology. The company was founded in 2010 and is headquartered in Durham, North Carolina.

Open

3.20

Mkt cap

238M

Volume

1.3M

High

3.20

P/E Ratio

-4.61

52-wk high

14.28

Low

3.01

Div yield

N/A

52-wk low

2.28

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Portfolio Pulse from Piero Cingari

May 13, 2024 | 5:47 pm

NET Power announced its Q1 results, highlighting a strong financial position with approximately $625 million in cash and short-term investments, and no debt. The company's update underscores its solid liquidity and debt-free status, positioning it well for future operations and investments.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 11:36 am

Barclays analyst Betty Jiang has initiated coverage on NET Power (NYSE:NPWR) with an Equal-Weight rating and set a price target of $13.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:59 pm

In Monday's pre-market session, several industrials stocks showed significant movement. Solidion Technology led the gainers with a 98.3% increase, while Pineapple Energy experienced the largest drop among the losers, falling 9.1%. Notably, EHang Holdings and Science Applications Intl released their Q4 earnings, influencing their stock prices.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 1:05 pm

NET Power Inc. (NYSE:NPWR) reported its Q4 and year-end 2023 results, highlighting significant progress in its projects and strategic partnerships. The company ended 2023 with approximately $637M in cash and short-term investments, with no debt. Key developments include advancing the Project Permian in West Texas, signing agreements with Baker Hughes and Lummus Technology, and planning for equipment validation campaigns. NET Power also completed a business combination with Rice Acquisition Corp. II, becoming publicly listed on the NYSE in June 2023.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 8:11 pm

Earnings reports for March 11, 2024, include a mix of projected losses and gains across various sectors. Notable companies like Oracle, Vail Resorts, and Ballard Power Systems are among those reporting. The diversity in performance indicators suggests a varied impact on the market.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 8:56 am

Shares of companies in the industrial sector are down due to a higher-than-expected rise in January inflation data, affecting investor sentiment and stock prices.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:38 pm

NET Power, a company specializing in low-carbon power generation, has entered into a strategic supplier agreement with Lummus Technology, a global provider of process technologies and value-driven solutions. Under this agreement, Lummus will supply heat transfer equipment, which is crucial for NET Power's proprietary Allam-Fetvedt Cycle technology. This technology enables power generation with near-zero emissions. The partnership aims to enhance the deployment of NET Power's technology globally, leveraging Lummus' extensive experience and presence in the energy sector.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 12:33 pm

During Wednesday's intraday session, several industrial stocks experienced significant movements. Fusion Fuel Green (HTOO) saw a 32.0% increase, while Fluence Energy (FLNC) rose by 22.66% following their Q4 earnings release. Other gainers included Jayud Global Logistics (JYD), Ault Alliance (AULT), Microvast Holdings (MVST), and BioNexus Gene Lab (BGLC). Conversely, View (VIEW) and Northann (NCL) were among the notable losers, with declines of 18.8% and 14.83%, respectively. ESGL Holdings (ESGL), Captivision (CAPT), KULR Tech Gr (KULR), and NET Power (NPWR) also saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 5:31 pm

In Friday's after-market session, several industrial stocks saw movements. Gainers included iSun, NET Power, noco-noco, Earlyworks Co, Icahn Enterprises, and Eos Energy Enterprises with increases ranging from 2.58% to 4.4%. Losers were WANG & LEE Group, Globus Maritime, Xos, Nuvve Holding, Hyzon Motors, and C3is with declines between 3.72% and 12.0%. Notably, iSun, NET Power, and Hyzon Motors had their Q3 earnings released recently.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 9:31 pm

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