Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. The company offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as hydrogen and liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. Its products are used for stationary applications; and the transportation markets, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. The company sells and delivers its products through its distributors, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. Omnitek Engineering Corp. was incorporated in 2001 and is headquartered in Vista, California.
U.S. Market Performance
7D7 Days: 0.2%
3M3 Months: 12.2%
1Y1 Year: 19.9%
YTDYear to Date: 7.6%
The Consumer Staples sector gained 3.2% while the market remained flat over the last week. As for the longer term, the market has risen 20% in the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.