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Energy Recovery, Inc. (ERII)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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11.08+0.01 (+0.09%)
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  • R
    Ryan
    New presentation. In the pipeline, aside from the usual suspects, *beverages*. That's a new one I haven't heard before. I don't know why my mind immediately jumped to beer. Lol...
    Energy Recovery Investor Presentation- Fearnley Securities Renewable Conference November 2020
    www.youtube.com
  • M
    Mac
    Nice and interesting trading in ERII lately, I like it. Getting new buying possible from the news a few days ago but also probably from some presentations they have been doing. I can not find anything on the presentations other than that they are being done: "Nov 18, 2020 Fearnley Securities Renewable Virtual Conference in Oslo". There was also another virtual presentation since the Conference Call.
  • R
    Ryan
    What's the deal with this copper mine desal product? I vaguely remember hearing it brought up at one of the recent calls but can't remember. Looks like it's a new product, using the classic PX system. Can someone verify?
  • R
    Resry
    To me, the report shows just how great the company could be if they jettisoned Vorteq years ago. How many millions have they spent developing it since SLB showed that they really had no interest?
    I've been out for years at around current price and have no skin in the game, but I like to lurk on my former holdings. Every quarter they come out with great water report and minor or make believe progress on Vorteq. Where would they be without Vorteq?
  • Y
    Yahoo Finance Insights
    Energy Recovery reached a 52 Week high at 11.19
  • M
    Mac
    After hours is showing a $9.38 bid, nice. Very good call ZLD, order already on the books. In regards to Vorteq I found the answer to one of the questions very interesting, they said they have multiple single skid Vorteqs available. They must be very confident that it works. On the Liberty call they are already to go on a test when a well is available. I also like that cash build. Also thank you ERII for getting the written prepared remarks out on the website, I will read them this evening. They sure know how to bait us with the new use.
  • M
    Mac
    The numbers look good looking forward to the call: Mr. Mao continued, "Today we are advancing new products built on our pressure exchanger technology platform: the VorTeq, as well as incubation initiatives including a solution to improve the energy efficiency of wastewater treatment."
    In regards to the live well test, Liberty announced that 2 days ago, that is why ERII got hammered on the opening yesterday.
  • M
    Mac
    I think the best thing about the call yesterday was ZLD, especially that they have an order in hand and only a 6 month incubation period. I was very surprised that neither analyst asked a single question about it, ie delivery date, size of order, facility, other applications etc.. I looked on the website this morning and not a single mention of it either, why not? The talk of customers in China and India is great, but living in SF Bay Area the refineries come to mind as a customer. Even if Vorteq tanks it sounds like that they have learned a lot from the technology, ie 2000 PSI.
  • 0
    037
    Possible over $10 today?
  • R
    Ryan
    We are now in early Q4. What's the odds you longs think that todays big move was word of live frack being successful? Last earnings call, Mao said live well would happen end of Q3, at the very latest, early Q4. Guess we'll find out in a couple of weeks.
  • Y
    Yahoo Finance Insights
    Energy Recovery is up 7.29% to 10.75
  • Y
    Yahoo Finance Insights
    Energy Recovery is up 5.24% to 10.64
  • Y
    Yahoo Finance Insights
    Energy Recovery is up 5.55% to 10.08
  • M
    Mac
    Apparently the deadline for finding lead plaintiffs for the lawsuit ends within the next week or so, anybody else looking forward to not seeing all those adds that pop up under ERII news? I wonder how much this one will cost ERII to payoff all the grease ball lawyers lining up.
  • R
    Ryan
    Not good.... no live well testing.... This was almost *GUARANTEED* by Mao at the last call. I really really wanted to believe in him, but he's starting to feel like the second coming of Gay and Gannon.
  • R
    Ryan
    Play the video. ERII logo is front and center on the list.
    2020 Desalination Plant of the Year For the desalination plant, commissioned in 2019, that represents the most impressive technical or ecologically sustainable achievement in the industry. See the full shortlist showreel here. Shoaiba 3 Exp. 2 IWP, S
    2020 Desalination Plant of the Year For the desalination plant, commissioned in 2019, that represents the most impressive technical or ecologically sustainable achievement in the industry. See the full shortlist showreel here. Shoaiba 3 Exp. 2 IWP, S
    globalwaterawards.com
  • R
    Ryan
    Great price action today! Hopefully word has leaked that they completely live well frack. ESG report also lifted the price the day it came out.
  • R
    Ryan
    From Liberty's earnings call.

    Operator

    Our next question is from Thomas Curran from B. Riley FBR. Go ahead.

    Thomas Curran -- B. Riley FBR -- Analyst

    The morning, thanks for taking my questions. On Liberty's YouTube channel, I noticed that you posted a series of promo videos to introduce and explain various completion technologies that you can or expect to offer. The set included a video on which Ron took a turn as the star, providing an overview of Energy Recovery's VorTeq system. Would you update us on your latest thinking on and expectations for VorTeq. What's the earliest we might see you commercially introduce the first system? And then how many VorTeq units do you ultimately plan to deploy?

    Ron Gusek -- President

    Oh, that's a good question. We're always a little careful about what we say there. Of course, Energy Recovery is a public company as well, and they have not reported yet this quarter, so I have not provided any updated commentary. I will go so far as to say that, that testing is ongoing. We continue to pump sand through the VorTeq assembly in their test facility in Katy. And we continue to be happy with the progress that they are making there. So at this point in time, I'm not going to comment on a potential time for commercialization, but certainly I would go so far as to say that when and if we get to a point where we're happy with that technology commercially, we'll deploy it rapidly across our fleets, starting with those areas where we feel that benefit is going to be realized as quickly as possible.

    https://www.fool.com/earnings/call-transcripts/2020/02/06/liberty-oilfield-services-inc-lbrt-q4-2019-earning.aspx
    LBRT earnings call for the period ending December 31, 2019.
    LBRT earnings call for the period ending December 31, 2019.
    www.fool.com