CPST - Capstone Turbine Corporation
| Previous Close | 0.7339 |
| Open | 0.7340 |
| Bid | 0.7401 x 800 |
| Ask | 0.7504 x 800 |
| Day's Range | 0.7340 - 0.7600 |
| 52 Week Range | 0.5500 - 1.8200 |
| Volume | 241,062 |
| Avg. Volume | 244,451 |
| Market Cap | 54.143M |
| Beta (3Y Monthly) | 0.94 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- ACCESSWIRE•10 hours ago
Capstone Microturbines Power Through Major New York Blackout
VAN NUYS, CA / ACCESSWIRE / July 18, 2019 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that Capstone microturbines in operation at the time of the recent New York City Con Edison blackout continued to operate as designed and expected. On Saturday, July 13th, a sudden blackout hit major sections of New York’s Midtown Manhattan, from Hell’s Kitchen north to Lincoln Center and from Fifth Avenue west to the Hudson River. “All indications that we have received from our customers and our local New York distribution partner is that all installed stand-alone Capstone microturbine systems continued to operate as designed during the recent blackout,” stated Darren Jamison, Capstone’s President and Chief Executive Officer.
- ACCESSWIRE•3 days ago
Oil & Gas Company Orders First of Potentially Five Capstone C1000S Microturbines for Western Kazakhstan Associated Gas-to-Energy Project
VAN NUYS, CA / ACCESSWIRE / July 15, 2019 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ: CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that TOO Synergy Astana, Capstone’s distribution partner in Kazakhstan, sold the first of potentially five C1000s for multiple associated gas-to-energy projects to a local oil and gas producer operating in Western Kazakhstan. The oil and gas end-use customer’s future decision to expand from the initial 1 MW to 5 MWs will depend on the operating results of the initial C1000 microturbine expected to be installed this summer. In addition to this most recent C1000 order, last October, TOO Synergy Astana secured an order for three C65 microturbines for the expansion of an existing Kazakhstan pipeline project.
- ACCESSWIRE•10 days ago
Capstone Turbine Reports Select Preliminary Q1 Fiscal 2020 Financial Results
VAN NUYS, CA / ACCESSWIRE / July 8, 2019 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems is announcing select preliminary financial results for its fiscal first quarter ended June 30, 2019 as part of its ongoing effort of continuing transparency. New gross product bookings were $17.4 million during the quarter, representing a 9% increase year-over-year. The company allocated a 1.0 MW production slot to growing its long-term rental fleet and a 0.6 MW production slot to a biogas-to-energy customer demonstration project in Asia as total revenue year-over-year for the quarter decreased by approximately 9% to $19.2 million from $21.2 million.
- ACCESSWIRE•17 days ago
Capstone Lands Long-Term Rental Agreement with Exploration and Production Company Focused on Alaska
VAN NUYS, CA / ACCESSWIRE / July 1, 2019 / Capstone Turbine Corporation ( www.capstoneturbine.com ) (NASDAQ: CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced ...
GlobeNewswire•24 days agoCouples Resorts in Jamaica Doubles Down on CCHP to Reduce Energy Costs and Carbon Footprint to Become One of the Greenest Hotels in Jamaica
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that Innovative Energy Corporation (IEC), Capstone’s exclusive distribution partner in Jamaica, has secured a second follow-on order for a C800 Signature Series microturbine along with a 20 year Factory Protection Plan. The C800 Signature Series will be installed in a combined cooling, heat and power (CCHP) configuration at the award-winning Couples Tower Isle luxury all-inclusive resort in Ocho Rios, Jamaica. This will be the third Capstone microturbine installation at a Couples Resorts property in Jamaica as the luxury resort management team for multiple locations across the island continues to find creative ways to reduce their carbon footprint as well as their annual operating costs.
GlobeNewswire•29 days agoOne of the World’s Largest Oil and Gas Producers Adds 1.6 MWs to Their Existing Capstone Turbine 3.6 MW Long-Term Rental Fleet
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it continues to expand its long-term microturbine rental business with an additional 1.6 MWs on top of the initial 3.6 MWs deployed last fall with one of the world’s largest oil and gas producers. Expanding Capstone’s aftermarket business, which includes the long-term rental program, is an important element for the company achieving its near-term profitability goals. This is illustrated by the fact that 98% of Capstone’s fiscal 2019 gross margin came from the aftermarket business, which was only 38% of Capstone’s fiscal 2019 revenue.
- GlobeNewswire•last month
Capstone Executes Another 3.2 MWs of Long-Term Service Contracts in Marcellus and Utica Shale Regions as FPP Adoption Rates Continue to Accelerate in Oil and Gas Market
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that E-Finity Distributed Generation, Capstone’s exclusive distributor for the Mid-Atlantic, Southeastern United States and the Caribbean, signed Factory Protection Plan (FPP) service contracts in the Marcellus and Utica shale regions in the Appalachian Basin covering 3.2 megawatts (MWs) of Capstone microturbines. Capstone’s FPP long-term service contract adoption rates are accelerating as the company recently announced that, during the quarter ended March 31, 2019, the company signed multiple FPP service contracts covering a combined total of 30.7 MWs, a record for the company.
- GlobeNewswire•last month
Capstone Turbine Reports Fourth Quarter and Full-Year Fiscal 2019 Financial Results
Fourth Quarter Product Revenue Growth of 11% and New Gross Product Orders of $18.0 Million – a 17% Year-Over-Year Increase Financial Results Webcast to be Held June 11, 2019,.
- GlobeNewswire•last month
Capstone Strengthens Board of Directors with the Appointment of Robert F. Powelson, Former Commissioner on the Federal Energy Regulatory Commission
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today the appointment of Robert F. Powelson to its Board of Directors. Mr. Powelson is the current President and Chief Executive Officer of the National Association of Water Companies (NAWC) based in Washington, DC. Prior to joining NAWC, Mr. Powelson served as a Commissioner on the Federal Energy Regulatory Commission (FERC) which is composed of five commissioners who are nominated by the President and confirmed by the Senate.
GlobeNewswire•last monthGESS International and Capstone Turbine to Sponsor Rossi at Texas and Pocono Indy Races
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that GESS International and Capstone Turbine will serve as the primary sponsor of the Andretti Autosport No. 27 racing machine at this weekend’s race at Texas Motor Speedway and again in August at the “Tricky Triangle” of Pocono Raceway. The relationship between the championship-winning team and the green energy services company began during the month of May when the GESS International logo appeared on each of Andretti Autosport’s four Indy cars for the IndyCar Grand Prix and its five-car line up at the 103rd edition of the Greatest Spectacle in Racing.
GlobeNewswire•last monthCapstone Secures Significant Order for Two Microturbines to Power a Dehydration Facility in Iraq as it Delivers Against its Middle East Expansion Strategy
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has secured an order for two C600 Signature Series microturbines to provide 1.2 megawatts (MW) of energy to power a triethylene glycol (TEG) dehydration facility in the Basra region of Southern Iraq. The order was secured by Technical Solutions to Industry FZE (TSI), Capstone’s authorized distributor to Iraq and United Arab Emirates (UAE). The new facility is part of a larger 25-year joint venture between local gas and leading oil producer’s efforts to capture, treat and monetize associated gas currently being flared from three southern Iraq oilfields.
- GlobeNewswire•2 months ago
Capstone Secures First C200 Signature Series Microturbine Order in Northeastern India as Exploration Increases
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has secured its first C200 Signature Series microturbine order headed for India. Ltd., Capstone’s exclusive distributor in India, marks the first C200 Signature Series microturbine order for the country’s growing oil and gas operations. The unit is scheduled to be commissioned in July and will be installed in Assam, a state located in the northeastern region of India.
- GlobeNewswire•2 months ago
Capstone Continues to Execute Substantial Long-Term Service Contracts in Texas’ Eagle Ford Shale Basin
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that Lone Star Power Solutions, its exclusive Distributor for Texas, Arizona and the Gulf States, signed another 3 megawatt (MW) Factory Protection Plan (FPP) long-term service contract in the Eagle Ford Shale Basin in South Texas. Capstone’s industry-leading FPP product will initially provide five years of service coverage on 3 MWs of Capstone microturbines for a large international oil and gas end-user. The Capstone microturbines, originally commissioned back in 2013 and 2014, are used for 24x7 prime power in midstream central gathering facilities.
- GlobeNewswire•2 months ago
Capstone Sees Increased Opportunities in Wyoming as Demand for Natural Gas and Renewable Energy Increases
VAN NUYS, Calif., May 22, 2019 -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the world’s leading clean technology manufacturer of microturbine.
- GlobeNewswire•2 months ago
Capstone Turbine Issued Two New Patents for Multiple Fuel Applications – Including Hydrogen and Liquid Fuel Ultra-Low Emissions Capabilities
VAN NUYS, Calif., May 20, 2019 -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the world’s leading clean technology manufacturer of microturbine.
GlobeNewswire•2 months agoCapstone and GESS Sign Joint Marketing Agreement to Further the Awareness of Biogas and Renewable Natural Gas at 103rd Indianapolis 500
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that Capstone and Green Energy Sustainable Solutions, Inc. (GESS) have entered into a joint marketing agreement to further the awareness of biogas and renewable natural gas (RNG) as the fuel of the future at the 103rd Indianapolis 500. Capstone has agreed to join GESS in their partnership with Harding Steinbrenner Racing in a multi-race sponsorship of the #88 Honda-powered Indy car. Capstone and GESS will sponsor the #88 Honda-powered Indy car at the Indianapolis 500 and a variety of other races throughout the remainder of the 2019 IndyCar Series season under the terms of the joint marketing agreement.
- GlobeNewswire•2 months ago
Capstone Signs National Account Agreement with GESS Inc. and Receives a 9.6 MW Initial Order for Multiple U.S. Renewable Natural Gas Projects
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, today announced that it signed a long-term national account agreement with Green Energy Sustainable Solutions, Inc. (GESS). As part of this agreement, Capstone secured an initial order for 9.6 MWs made up of twelve Signature Series microturbines complete with Capstone’s proprietary roof mounted heat recovery modules as well as Capstone’s PowerSync control platform. The initial 9.6 MW order is the largest received by Capstone in over four years and is the largest order in the growing renewable energy market vertical in the company’s history. Since 1997, the GESS team has been offering customers custom designed and built, green energy and energy efficiency solutions worldwide.
- GlobeNewswire•2 months ago
Capstone Turbine Corporation Adopts New Tax Benefit Preservation Plan to Preserve Valuable Net Operating Losses
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, today announced that its Board of Directors has adopted a new Net Operating Loss (“NOL”) Shareholder Rights Agreement (the "NOL Rights Plan") designed to preserve its substantial tax assets. The NOL Rights Plan replaces the Company’s prior rights agreement, dated May 6, 2016, which expired at 5:00 p.m. East Coast Time, on May 6, 2019. The NOL Rights Plan is intended to protect Capstone's tax benefits and to allow all of Capstone's stockholders to realize the long-term value of their investment in Capstone.
- GlobeNewswire•3 months ago
Repeat Order from a Leading Midstream Corporation Leveraging Capstone’s Megawatt Scale Solution for Remote Pipeline Compression Facility
VAN NUYS, Calif., April 29, 2019 -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the world’s leading clean technology manufacturer of microturbine.
GlobeNewswire•3 months agoCapstone Celebrates Earth Day by Announcing that in Fiscal 2019 Capstone Saved Customers an Estimated $253 Million in Energy Costs and 350,000 Tons of Carbon
VAN NUYS, Calif., April 22, 2019 -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the world’s leading clean technology manufacturer of microturbine.
- GlobeNewswire•3 months ago
The Combined Heat and Power Market in Germany Strengthens as Capstone Distribution Partner, E-Quad Power Systems, Secures Second Significant Order in April
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has secured an order for a Capstone C600 Signature Series microturbine for a leading plastics manufacturer in Germany. The order was secured by E-Quad Power Systems GmbH, Capstone’s distributor in Germany and is the second significant order this month. In early April, Capstone announced that E-Quad had secured an order for two C200 systems to provide combined cooling, heat and power (“CCHP”) for a global biotechnology company in Germany.
- GlobeNewswire•3 months ago
Capstone Turbine Reports Select Preliminary Q4 Fiscal 2019 Financial Results
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems is announcing select preliminary financial results for its fiscal fourth quarter ended March 31, 2019 as part of its ongoing effort of continuing transparency.
- GlobeNewswire•3 months ago
Capstone Secures Repeat Order from Global Hotel Chain to Improve Operational Savings and Lower Overhead in New York Hotel
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has secured an order from a global hotel chain for four C65 combined heat and power (CHP) microturbines that will be installed in one of its new properties in New York City. Looking to lower overhead and improve grid reliability, the CHP cogeneration system will be installed to reduce energy costs by producing up to 260kW of electricity. The four natural gas-fueled C65 units will operate in a 24/7 grid connected mode that will allow the property to reduce their carbon footprint and offset high utility costs.
- GlobeNewswire•3 months ago
Capstone Distributors Add Record 30.7 MWs of Factory Protection Plan Contracts During the Fourth Quarter of Fiscal Year 2019
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today its global distributor network signed multiple industry-leading Factory Protection Plan (FPP) service contracts covering a combined total of 30.7 megawatts (MW) during the fourth quarter of fiscal 2019. For more information about the company, please visit www.capstoneturbine.com.
- GlobeNewswire•3 months ago
Capstone Executes Multiple Long-Term Supply Agreements to Reduce Direct Material Costs an Estimated Three Million Dollars per Year
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today it executed multiple long-term supply agreements (LTA) to reduce direct material costs an estimated $3 million per year once the new pricing is phased in over the next twelve months, demonstrating continued progress against its 2019 strategic initiative to improve cash flow. This new business initiative started last fall when the company announced it had launched a new factory long-term rental program into the Permian Basin with 3.6 megawatts (MW) to one of the world’s largest oil and gas producers. As a result of the direct material costs reduction initiative, Capstone has executed multiple new LTAs including a new 10-year LTA with a new supplier.