FuelCell Energy(FCEL)
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FuelCell Energy (FCEL) Stock Pops as Investors Eye Short Squeeze Targets
InvestorPlace· 2024-05-14 19:08
Popular speculative enterprise FuelCell Energy (NASDAQ:FCEL) — which specializes in fuel cell and electrolysis platforms for the decarbonization of power and the production of hydrogen — saw its shares pop on no company-specific news. Instead, the return of the meme-trading phenomenon has likely catapulted FCEL stock.On Sunday, Keith Gill — better known by his online moniker “Roaring Kitty” — posted a series of social media messages implying strongly that he was ready to take the helm of the meme-stock move ...
Why Clean Energy Stocks Collapsed This Week
The Motley Fool· 2024-05-10 18:16
Earnings season has been terrible for clean energy companies.The week couldn't have been much worse for clean energy companies that once had hopes of disrupting the energy industry. As interest rates rise and the market looks for profitable companies, there aren't many to be found in the clean energy industry.According to data provided by S&P Global Market Intelligence, shares of Nikola Corp (NKLA -7.74%) fell as much as 16.7% this week, FuelCell Energy (FCEL -4.11%) dropped 21.1%, and Sunnova Energy (NOVA ...
FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First "Tri-gen" Production System at the Port of Long Beach
Newsfilter· 2024-05-02 11:30
FuelCell Energy's Tri-gen technology produces three products: renewable electricity, renewable hydrogen, and usable waterMarks Toyota's first port vehicle processing facility in the world to be powered by onsite-generated, 100 percent renewable electricityBoth light-duty and Class 8 heavy-duty fuel cell electric vehicles have been fueled using Tri-gen generated renewable hydrogen LONG BEACH, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) and Toyota Motor North America, Inc. (To ...
FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First 'Tri-gen' Production System at the Port of Long Beach
Prnewswire· 2024-05-02 11:00
FuelCell Energy's Tri-gen technology produces three products: renewable electricity, renewable hydrogen, and usable water Marks Toyota's first port vehicle processing facility in the world to be powered by onsite-generated, 100 percent renewable electricity Both light-duty and Class 8 heavy-duty fuel cell electric vehicles have been fueled using Tri-gen generated renewable hydrogen LONG BEACH, Calif., May 2, 2024 /PRNewswire/ -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Toyota Motor North America, Inc. (To ...
Why Investors Were Energized by FuelCell Energy Stock Today
The Motley Fool· 2024-04-29 21:35
Investors were cheered by the company's signing of several new debt financing deals.The shares of FuelCell Energy (FCEL 6.75%) are going to have quite a week, if their performance on Monday is any indication. The company's stock zoomed nearly 7% higher on Monday thanks to a new financing deal. That rate easily bettered the 0.3% increase of the S&P 500 index that day.New funds incomingFuelCell announced that it has agreed to a deal in which two local lenders will provide debt financing for a pair of the comp ...
FuelCell Energy Announces Debt Financing for Derby Power Projects
Newsfilter· 2024-04-29 12:00
Continuing Strong Support for FuelCell Energy Platforms Total of $13 Million in Senior and Subordinated Credit Facilities DANBURY, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (NASDAQ:FCEL) today announced that the Company closed on a project debt financing transaction with Liberty Bank and Connecticut Green Bank for the company's two fuel cell projects in Derby, Conn., which recently began operations. The financing is structured as back leverage to a project finance subsidiary of the Co ...
FCEL Stock: FuelCell Just Expanded Its Exxon Mobil Deal
InvestorPlace· 2024-04-08 18:41
FuelCell Energy (NASDAQ:FCEL) just announced an updated and extended joint development agreement with Exxon Mobil’s (NYSE:XOM) technology and engineering unit. The expanded deal centers on carbon fuel-cell technology which captures carbon dioxide emissions from industrial sources while “simultaneously generating electricity and hydrogen.” FCEL stock is popping up by roughly 3% as of this writing.According to a press release, FuelCell will continue to develop the underlying carbon-capture technology alongsid ...
FuelCell Energy(FCEL) - 2024 Q1 - Earnings Call Transcript
2024-03-07 19:30
FuelCell Energy, Inc. (NASDAQ:FCEL) Q1 2024 Earnings Conference Call March 7, 2024 11:00 AM ET Company Participants Tom Gelston - Senior Executive Vice President, Finance & Investor Relations Jason Few - President & Chief Executive Officer Mike Bishop - Executive Vice President, Chief Financial Officer & Treasurer Mark Feasel - Executive Vice President & Chief Commercial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Manav Gupta - UBS Eric Stine - Craig-Hallum Ryan Pfingst - B Ri ...
FuelCell Energy (FCEL) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-03-07 17:31
FuelCell Energy (FCEL) reported $16.69 million in revenue for the quarter ended January 2024, representing a year-over-year decline of 55%. EPS of -$0.05 for the same period compares to -$0.05 a year ago.The reported revenue represents a surprise of -26.57% over the Zacks Consensus Estimate of $22.73 million. With the consensus EPS estimate being -$0.08, the EPS surprise was +37.50%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...
FuelCell Energy(FCEL) - 2024 Q1 - Earnings Call Presentation
2024-03-07 15:21
A global leader in electrochemical technology 1,2 163 U.S. patents 368 patents in other covering our fuel jurisdictions covering cell technology our fuel cell technology 43 U.S. patents 124 patents pending in pending other jurisdictions ~600 1969 Employees Founded 188 Modules in 3 Continents Commercial Operation 3 FCEL Listing: HQ Danbury, NASDAQ Connecticut ($M) ...