Ormat Technologies, Inc. (NYSE:ORA)

Hedge against a market that isn't rewarding exploratory and innovative companies. I don't have much knowledge about geothermal energy or its potential -- it is interesting to find ORA 7 years after its IPO back to a 0% return (in line with S&P 500) after becoming more than a three-bagger. CAPS is for fun too, and I'm having fun by red-thumbing this stock. That said, I'm partly doing it to stay interested and aware regarding both this technology and this stock.

Really bottomed out as of now (6/9). Company is involved in projects worldwide. Geothermal is the next renewable energy, with no reliance on sun or wind that tend to change from location and weather. The inner parts of the earth are a constant and the basis behind this energy form

As one of the leading geothermal energy companies in the U.S. They are set to capitalize on the increase of the demand of greener energy.

Sustainability is hot and the fundamentals are good. This is a company I would hitch my wagon to, whether I knew anything about the share price or not. Also, the utilities sector was pretty mellow during 2010... I don't expect it to stay mellow for much longer. When utilities pick up speed again, Ormat will lead the charge.

4 km below the surface of the earth, it is average 100C. This is the temp needed to boil water. Alternative geothermal uses this heat to generate electricity. Unlike solar, or wind, or water, or whatever, this heat is present everywhere and always. The deepest hole ever drilled was 12.3 km, & they had to stop because it was too hot to continue. "....we have the technology, we have the capability..." The only problem with this type of stock is there are too few to buy right now, and the manufacturers of the necessary tech are still small to microcap, if traded at all (Barber-Nichols, etc.).

Premier source of geothermal equipment

This company is the industry leader in geothermal power...and it's PROFITABLE. The current price is depressed by derivative litigation related to accounting practices. However, the long-term prospects for this company are quite good, given its status as industry leader and its profitability. The company has produced over 750 geothermal power plants, and is also diversified into power generated from recaptured industrial heat. Also, given its proven track record, one could speculate that a company with an interest in expanding into geothermal power generation might see it as an attractive takeover target.

Geothermal is a plenty-full and energy cost efficient way of getting and keeping natural resource(s) for power grid applications.

Business looks to be moving right along and is one to watch

Some day the world will get serious about alternative energy sources.

Ormat Technologies is an exciting company because it has 30 years of experience in the geothermal energy field. Moreover, the company shows consistent profitability and rapid sales growth. It even pays a dividend. On the negative side of things, the company's historical and recent returns on equity are unimpressive at about 8%. There is a significant amount of debt, but nothing unmanageable. I am green thumbing this company now because the stock price has sold off due to concerns about: (1) likely failure of cap and trade and (2) questions about the validity of some of the pro global warming data. As a result, the stock is available for 1.5 times book value, which is signficantly below its longterm average p/bv of 3. I think the stock price is likely to move up because the company's unique posture in geothermal energy is simply too desirable to ignore.

I ended my short of REV and this stock replaces it. I am long on Ormat Technologies. They recover lost geothermal energy. With the word 'green' being throw around everywhere and a strong outlook for this company I feel it is poised to grow. Goal: $ 46.00 a share.

jbk

Keep an eye on this one for the long run

Possibly overpriced, but this is a growth pick more than a value pick. I like geothermal's growth potential a lot right now. The market and the media have both been enamored more with solar and wind over the past few years, but geothermal is base-load and a much more viable long-term solution where it is available. Ormat is also a very well run company that has impressively performed in the past. Unfortunately, I haven't done enough DD to give a full write-up, but sometimes, I use CAPS as a way to trick myself into doing DD. You see ... now I have an incentive to research further! So, I'll give my preliminary green thumb to Ormat and maybe I'll start digging into it a bit more after this.

obama

Growing clean energy player.

#55 Best Corporate Citizen
http://www.business-ethics.com/node/75

solid geothermal co., no concern about CO2

Ormat, has been steadily increasing geothermal power generation capacity for five years in a carbon lush world. They have delivered positive earnings for the last five years, and a small divi. Global warming is worse than thought and demand for low carbon power will increase. Siemens and GE are competitors, but there will be plenty of work to go around. Ormat's recently opened Kenya plant is expected to be lower cost electricity than $29/bbl oil electricity according the politicians who supported it.