Ballard Power Systems (NASDAQ:BLDP) Shares Jump on Consortium Membership

Ballard Power Systems Inc. (NASDAQ:BLDP)

Ballard Power Systems Inc. (NASDAQ:BLDP) announced its membership in California’s “Fuel Cell Electric Bus Commercialization Consortium” (FCEBCC). This consortium will receive funding for the deployment of 20 zero-emission hydrogen fuel cell electric buses at two California transit agencies. Ten buses are to be deployed each with the Alameda Contra-Costa Transit District the Orange County Transportation Authority. News of the deal sent BDLP shares up almost 7% in after-hours trading on light volume.

Ballard will be providing 20 of its FCveloCity®-HD 85-kilowatt fuel cell engines to New Flyer of America Inc., a subsidiary of New Flyer Industries Inc. (“New Flyer”), the largest transit bus and motor coach manufacturer and parts distributor in North America. Ballard’s engines will power New Flyer 40-foot Xcelsior XHE40 fuel cell buses, which are planned to be delivered and in-service with AC Transit and OCTA by the end of 2018. The buses are to be supported by advanced hydrogen fueling infrastructure provided by The Linde Group.

Ballard Power Systems Inc. (NASDAQ:BLDP) has powered buses for over a cumulative 10 million kilometers (6.2 million miles) in revenue service – more than any other fuel cell company – and New Flyer has been very active in the North American fuel cell electric bus market. These efforts have contributed to improving the durability and reliability of these buses while demonstrating fuel economy 1.4x higher than diesel buses and 1.9x higher than CNG (compressed natural gas) buses.

Ballard Power Systems Inc. (NASDAQ:BLDP) sales slipped in 2015 from 2014 when it posted $68.7 million, In 2015 Ballard Power Systems Inc. (NASDAQ:BLDP) posted a sales figure of $56.5 million. BLDP shareholders have not experienced positive EPS in the last five years. In 2011 there was an EPS loss of $0.44, followed by losses of $0.48, $0.20, $0.22, and $0.04 respectively. Analysts from four firms follow Ballard Power Systems Inc. (NASDAQ:BLDP) and three rate BLDP as a “Strong Buy” while one rates the shares as a “Hold”. The consensus price target for BLDP is $3.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/13/2017
Ticker Symbol BLDP
Last Price a/o 5:34 PM EST  $                      2.01
Average Volume                    634,500
Market Cap (mlns)  $                  335.77
Sales (mlns) $74.60
Shares Outstanding (mlns) 168.73
Share Float (mlns) 156.87
Shortable Yes
Optionable Yes
Inside Ownership 0.50%
Short Float 3.17%
Short Interest Ratio 7.84
Quarterly Return 3.65%
YTD Return 20.61%
Year Return 56.69%

Sky Solar Holdings Ltd. (Nasdaq: SKYS) Report Earnings and Shares Gain 50%+

Sky Solar Holdings, Ltd. – Nasdaq: SKYS

Shares of Sky Solar Holdings (Nasdaq: SKYS) rocketed this morning – at one point trading at double yesterday’s closing price. The Hong Kong based firm announced its financial results for the third quarter of 2016 ended September 30, 2016. Among the Q3 2016 highlights were: total revenue up 93.4% over same period last year; electricity revenue up 58.8% over same period last year; adjusted EBITDA up over 466% over same period last year; and a plethora of solar projects in the pipeline.

Shares of Sky Solar Holdings (Nasdaq: SKYS) ended yesterday at $1.79 but the financial release sent the shares gapping up to open at $2.81 and they reached a high of $3.62 before pulling back below $3. Average volumes for SKYS were posted at just over 37k, but today volumes are already over 6.7 million before lunch.

Sky Solar Holdings is a global independent power producer that develops, owns, and operates solar parks around the world. The company has a broad geographic reach and established solar parks in Asia, South America, Europe, North America, and Africa. Interestingly, Sky Solar Holdings (Nasdaq: SKYS) is technology agnostic and can customize its solar parks based on local environmental and regulatory requirements.

Sky Solar Holdings (Nasdaq: SKYS) sales have been erratic. In 2012 Sky Solar reported sales of $203.8 million however that figure dropped to $47.2 million for 2015. EPS for SKYS shareholders has been no less unpleasant. In 2012 Sky Solar posted an EPS of $0.49, in 2014 that dropped to a loss of $1.72, and in 2015 EPS for SKYS shares was a smaller loss of $0.03.

Two firms follow Sky Solar Holdings. They both rate shares of SKYS as a “Strong Buy” with a price target of $6.50.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/9/2017
Ticker Symbol SKYS
Last Price a/o 11:36 AM EST  $                      2.80
Average Volume                      37,150
Market Cap (mlns)  $      6,716,065.00
Sales (mlns) $48.60
Shares Outstanding (mlns) 47.54
Share Float (mlns) 6.03
Shortable Yes
Optionable No
Inside Ownership 0.00%
Short Float 1.62%
Short Interest Ratio 2.62
Quarterly Return -22.15%
YTD Return -19.65%
Year Return -53.70%

Plug Power Inc. (Nasdaq: PLUG) Hits 52-Week Low

Plug Power Inc. – Nasdaq: PLUG

Shares of Latham, NY-based Plug Power Inc. hit their 52-week lows yesterday. Shares had been above $5 in early 2014 but yesterday closed at $1.02 on heavy volume. Plug Power Inc. trades on the Nasdaq under ticker PLUG and their average daily volume is over 3.7 million shares but yesterday over 11 million shares traded hands.

The price slide in PLUG comes despite improved margins on unit sales above original estimates to such blue-chip firms such as Wal-Mart, Home Depot, and BMW. Plug Power also recently announced a partnership with two Chinese firms to serve the expanding electric car market there.

Positive earnings, however, have not yet been brought to PLUG shareholders. Despite increasing sales (103.3 million in 2015), EPS has been negative for PLUG shares for the past five years – although the losses show a narrowing trend year-on-year. In 2011, PLUG EPS showed a loss of $1.46 but by 2015 that loss had narrowed to just $0.32.

Six firms follow Plug Power. Four rate PLUG shares as a “Strong Buy”, and two rate the shares as a “Hold”. Their consensus price estimate for PLUG is $2.38.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/2/2017
Ticker Symbol PLUG
Last Price a/o 8:00 AM EST  $                      1.02
Average Volume                3,780,000
Market Cap (mlns)  $                  194.62
Sales (mlns) $91.80
Shares Outstanding (mlns) 190.8
Share Float (mlns) 188.63
Shortable Yes
Optionable Yes
Inside Ownership 0.70%
Short Float 17.33%
Short Interest Ratio 8.66
Quarterly Return -33.33%
YTD Return -15.00%
Year Return -38.92%

Eco-Stim Energy Solutions (Nasdaq: ESES) Shares Rocket on Massive Volumes

Eco-Stim Energy Solutions, Inc. – Nasdaq: ESES 

Houston, TX-based nano-cap Eco-Stim Energy Solutions Inc. shares are up over 85% on massive volumes. Shares of ESES, traded on the Nasdaq, normally have an average daily volume of just over 55,000 but in early morning trading over 1.4 million shares have traded hands. The catalyst appears to be an announcement that the Eco-Stim has executed a one-year contract, with an option for a second year, with a well-capitalized and established US exploration and production company to expand its pressure pumping operations into one of the fastest growing and most active oil and gas regions in Oklahoma. 

J. Chris Boswell, EcoStim’s President and Chief Executive Officer commented, “We have said for some time that we would not enter the U.S. pressure pumping market without some type of technology advantage, a contract and better market conditions. We now believe we have met these criteria and while the work contemplated under this contract is not expected to be executed solely with the TPU technology, we will utilize this equipment as part of the service offering. In addition, we believe that this region is poised for significant growth and this contract will position the Company in an attractive region with an anchor customer.” 

Eco-Stim’s reported sales were $800k in 2014 and $13.8 million in 2015. ESES shares have not yet produced a positive EPS for shareholders. However, losses have narrowed since 2012 when ESES reported a loss of $2.03 and in 20155 the loss was a smaller $1.36. Two firms follow Eco-Stim and both rate ESES as a “Strong Buy” with a consensus price target of $4. 

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/27/2017
Ticker Symbol ESES
Last Price a/o 9:56 AM EST  $                      1.47
Average Volume 55,120
Market Cap $11.4 million
Sales $8.8 million
Shares Outstanding 13.64 million
Share Float 13.18 million
Shortable Yes
Optionable No
Inside Ownership 5.80%
Short Float 0.23%
Short Interest Ratio 0.56
Quarterly Return -57.37%
YTD Return -15.62%
Year Return -64.00%

Pacific Ethanol (Nasdaq: PEIX) Feels Expectations of Trump Energy Policies

Pacific Ethanol, Inc. – Nasdaq: PEIX

Pacific Ethanol Shares are falling on expectations that President Trump will advocate for the abolition of the renewable fuel tax credit. PEIX, traded on the Nasdaq, had traded over $10 during December but broke below $7 today on heavy volumes.

Pacific Ethanol produces low-carbon renewable fuels in the Western United States. With the addition of four Midwestern ethanol plants in July 2015, the company have expanded their operations and sales footprint – more than doubling their scale. Pacific Ethanol owns eight ethanol production facilities, four in the Western states of California, Oregon and Idaho, and four in the Midwestern states of Illinois and Nebraska.

Pacific Ethanol has reported increasing sales since 2012 and in 2015 reported $1.19 Billion. EPS for PEIX has been inconsistent. In 2012 EPS was a loss of $2.81, a gain of $0.93 in 2014, followed by a loss of $0.60 in 2015. Four firms follow Pacific Ethanol and all four rate PEIX as a “Strong Buy” with a consensus price target of $12.50.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/26/2017
Ticker Symbol PEIX
Last Price a/o 2:00 PM EST  $                      6.95
Average Volume 642,600
Market Cap $325.8 million
Sales $1.56 Billion
Shares Outstanding 43.44 million
Share Float 34.98 million
Shortable Yes
Optionable Yes
Inside Ownership 0.40%
Short Float 4.04%
Short Interest Ratio 2.2
Quarterly Return 1.35%
YTD Return -21.05%
Year Return 142.72%
Envision Solar International, Inc. (OTCMKTS:EVSI)

Clean Diesel Technologies Inc. (Nasdaq: CDTI) Announcement Makes Shares Jump

Clean Diesel Technologies, Inc. – Nasdaq: CDTI

Nano-cap Clean Diesel Technologies Inc. shares are u over 20% in after-hours trading. The shares, traded on the Nasdaq under ticker CDTI, ended the regular trading session up just 0.51% but news that Clean Diesel Technologies, Inc., a clean-tech emissions control company, has partnered with DENSO Products and Services Americas Inc., an affiliate of leading global automotive supplier DENSO Corp., to supply CDTI’s enabling technologies to the North American heavy-duty market. Under the scope of the partnership the two companies will launch PowerEdge diesel after-treatment, which will be distributed by DENSO and manufactured by CDTI featuring CDTI’s Diesel Particulate Filter and Diesel Oxidation Catalyst technologies.

 “This partnership reflects our continued success in positioning CDTi as a provider of emissions solutions to the global automotive market,” stated Matthew Beale, CDTi’s CEO. “DENSO’s choice of CDTi provides further evidence of our growing technology leadership in the world’s largest heavy-duty markets. We are excited to add DENSO to our growing customer base of global manufacturing and distribution partners.”

 Three firms follow Clean Diesel Technologies Inc. Two rate CDTI as a “Strong Buy” and one rates it as a “Hold”. Their consensus price target for CDTI is $4.75. 

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/24/2017
Ticker Symbol CDTI
Last Price a/o 5:46 PM EST  $                      2.39
Average Volume 58,500
Market Cap $20.69 milliom
Sales $38 million
Shares Outstanding 10.45 million
Share Float 4.86 million
Shortable Yes
Optionable No
Inside Ownership 53.70%
Short Float 5.67%
Short Interest Ratio 4.72
Quarterly Return -42.77%
YTD Return -7.90%
Year Return -30.52%

Gevo, Inc. (Nasdaq: GEVO) Gaps Up on EPA Announcement

Gevo, Inc. – Nasdaq: GEVO

Gevo, Inc. shares, traded on the Nasdaq under ticker GEVO, gapped up this morning on news of Environmental Protection Agency (EPA) approval. At their high, GEVO was trading up over 30% to Friday’s close. This is the first time that the EPA has approved a pathway for an advanced biofuel (isobutanol) that uses starch from feed corn to produce an alcohol. Isobutanol can be converted into renewable jet fuel and gasoline.

Dr. Patrick Gruber, Gevo’s Chief Executive Officer stated in the press release “The new EPA pathway combines the lowest cost carbohydrate feedstock sources with green energy, resulting in advanced fuels with a significant GHG reduction. It is worth noting that this pathway leads to the only advanced biofuel that has potential to significantly lower GHG’s while also generating large amounts of protein for animal feed. In fact, practically all of the protein from the feed corn used by Gevo is captured and sold for animal feed.”

Gevo, Inc. has an impressive EPS history, losing $1,61 in 2011 but shrinking that loss every year since with EPS reporting at $0.13 in 2015. Sales have been less consistent with $64.5 million in reported 2011 sales but only $30.1 million in 2015. Two firms follow Gevo with one rating it as a “Strong Buy” and the other rating shares of GEVO as a “Hold”. The consensus price estimate is $11.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/17/2017
Ticker Symbol GEVO
Last Price a/o 10:09 AM EST  $                      4.22
Average Volume 4.47 million
Market Cap $26.3 million
Sales $28.7 million
Shares Outstanding 7.1 million
Share Float 6.8 million
Shortable Yes
Optionable Yes
Inside Ownership 0.10%
Short Float
Short Interest Ratio
Quarterly Return -53.50%
YTD Return 9.41%
Year Return -55.71%
Smart Sand Inc (NASDAQ:SND)

Magellan Petroleum Corporation (Nasdaq: MPET) Up Despite Lawsuit Threat

Magellan Petroleum Corporation – Nasdaq: MPET

Despite the threat of a lawsuit being brought against Magellan Petroleum and its Board of Directors, shares have risen over the past two days. MPET, traded on the Nasdaq, On January 10 the shares began trading around $5, on January 11 the New York firm of Monteverde & Associates PC announced an investigation into Magellan, and MPET ended at $13.20 on January 12.

According to a press release, the investigation focuses on whether Magellan and/or its Board of Directors violated federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by 1) failing to properly value the merger and 2) failing to disclose all material information in connection with the merger. Under the terms of the agreement, Tellurian Investments common stockholders will receive 1.30 shares of Magellan common stock for each share of Tellurian Investments common stock that they hold immediately prior to the effective time of the merger. The merger was valued at $207 million.

Magellan Petroleum has reported negative EPS since 2013 when it reported a loss of $2.83 EPS. In 2016 Magellan reported a narrower loss of $0.17. Magellan Petroleum has no reported sales for 2015 and 2016. Only one firm follows Magellan Petroleum and rates shares of MEPT as a “Hold”.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

 

Uranium Resources, Inc. (Nasdaq: URRE) Up Big

Uranium Resources, Inc. – Nasdaq: URRE

Shares of Centennial, CO-based Uranium Resources Inc. are up over 45% on heavy volume. The explorer, developer, and producer of energy related metal trades on the Nasdaq under ticker URRE. URRE closed Tuesday at $2.25 and has reached $3.44 in early trading. Year-to-date, URRE has appreciated over 60%.

The company owns and operates the Temrezli ISR project in Central Turkey; and controls exploration properties under nine exploration and operating licenses covering approximately 32,000 acres. The company also holds interest in approximately 190,000 acres of mineral holdings in the prolific Grants Mineral Belt of the State of New Mexico; and 14,000 acres in the South Texas uranium province. In addition, it holds an agreement to acquire certain placer mining claims in the Sal Rica lithium brine project that covers an area of approximately 9,800 acres located in the Pilot Valley region of northwestern Utah.

Only one firm follows Uranium Resources, Inc. and their analyst gives shares of URRE a “Strong Buy” rating.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/11/2017
Ticker Symbol URRE
Last Price a/o 10:34 AM EST  $                      6.40
Average Volume 1.34 million
Market Cap $31.3 million
Sales
Shares Outstanding 13.9 million
Share Float 13.34 million
Shortable Yes
Optionable No
Inside Ownership 0.20%
Short Float 13.34%
Short Interest Ratio 0.71
Quarterly Return 63.04%
YTD Return 64.23%
Year Return -60.94%

Randgold Resources Ltd. (Nasdaq: GOLD) Mining Across Africa

Randgold Resources Ltd. – Nasdaq: GOLD

Shares of UK-based Randgold Resources Ltd. have gapped up four days in a row. Traded on the Nasdaq under ticker symbol GOLD, shares have risen almost 5% this week. Randgold’s exploration strategy is based on the discovery of world class orebodies within the major greenstone belts of West and Central Africa.

Rangold Resources core strategy is to discover world-class orebodies and develop them into profitable mines such as those they operate in Morila, Loulo, Gounkoto and Tongon. Their business model attempts to shield shareholders from the volatilities commonly found in the commodity price cycle.

Chief executive Mark Bristow said Kibali and Tongon had bounced back well from the technical issues that had plagued them in the first half of the year while the flagship Loulo-Gounkoto complex continued on its steady course. He said it was worth noting that despite the high level of activity, there had been zero lost-time injuries across the group during the quarter.

“Tongon got its mills back up at the end of June and Kibali ramped up production, boosting group throughput by 13%. Unit costs were also better, with decreased processing costs supported by lower strip ratios at Tongon and Kibali.  The higher gold price also contributed to the significant increase in profit,” Bristow said.

Four analysts rate GOLD a “Strong Buy” and two rate it as a “Hold”. The consensus price target fr Randgold Resources is $100.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

12/28/2016
Ticker Symbol GOLD
Last Price a/o 10:53 PM EST  $             74.82
Average Volume 1.13 million
Market Cap $6.8 Billion
Sales $1.12 Billion
Shares Outstanding 93.31 million
Share Float 92.55 million
Shortable Yes
Optionable Yes
Inside Ownership 3.90%
Short Float 1.88%
Short Interest Ratio 1.55
Quarterly Return -27.46%
YTD Return 18.49%
Year Return 18.21%