ORMAT TECHNOLOGIES, INC. (ORA)

Ormat Technologies, Inc. operates as a holding company. The firm engages in the geothermal and recovered energy power businesses. It operates through the following segments: Electricity, Product and Energy Storage. The Electricity segment focuses on the sale of electricity from the company's power plants pursuant to power purchase agreements. The Product segment involves the manufacture, including design and development, of turbines and power units for the supply of electrical energy and in the associated construction of power plants utilizing the power units manufactured by the company to supply energy from geothermal fields and other alternative energy sources. The Energy Storage segment consists of battery energy storage systems as a service and management of curtailable customer loads under contracts with U.S. retail energy providers and directly with large commercial and industrial customers. The company was founded in 1965 and is headquartered in Reno, NV.

Address

6140 PLUMAS STREET
RENO, NV 89519-6075

Founded

1965

Number of Employees

1,576

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - - $17,964 - - $17,964
Average Price - - - - - - - - $69.45 - - $69.45
# Shares Purchased - - - - - - - - 258,667 - - 258,667
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - - 8.0% - - 8.0%
S&P 500 Return to Date - - - - - - - - 37.3% - - 37.3%
Excess Total Return - - - - - - - - -29.3% - - -29.3%
Quartile Rank
Percentile Rank - - - - - - - - 54% - - 47%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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