NYSE:ORARenewable Energy
Ormat Technologies (ORA) Is Up 6.2% After Revenue Growth and Geothermal Partnership Announcement – What's Changed
Ormat Technologies recently reported growth in third quarter revenue and net income, issued 2025 revenue guidance of US$960 million to US$980 million, and declared a US$0.12 quarterly dividend payable in December 2025.
In addition, Ormat and SLB announced a partnership to accelerate development of enhanced geothermal systems, expanding opportunities to deploy next-generation geothermal technology beyond conventional resource areas.
Next, we'll consider how the joint venture with SLB to...