Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Monetary Policy support, Networking and PR are vital to achieve full potential. We have it all now.
Few with the big boys & girls
https://www.linkedin.com/posts/fuelcell-energy_fuelcell-energys-president-and-ceo-jason-ugcPost-7140816351253671937-I8K7?utm_source=share&utm_medium=member_android
Policy support huge growth
https://www.linkedin.com/posts/california-hydrogen-business-council_cahydrogensummit-cahydrogensummit-hydrogen-activity-7140762371941130241-OBYP?utm_source=share&utm_medium=member_android
Canada, big $ CCUS
https://www.linkedin.com/posts/carbon-capture-canada_alberta-announces-35b-carbon-capture-incentive-activity-7140067727813091328-SGlH?utm_source=share&utm_medium=member_android
5+M shares traded at 10am, very heavy. Currently strong support at 1.53, which is awesome for investors, + 30% from recent support in less than 5 days, and green again. Shorts have plenty reason to be anxious, or concerned or whatever combination of uncomfortable feelings. Investors however, should have all confidence even if $1.53 doesn't hold and earnings don't beat, $1.20 should hold. This obviously pending no market melt down. With revenue definitely over $28M with potential for $30M+, several bits of very good news the past 3 months, and more news expected, $2 is easily attainable next week. For me, Groton TIP would do tons for investors confidence, & very likely lead to near term follow orders from the military. TICK TOCK!!!
I wonder if the shorts are actually holding out for earnings praying that it goes back down. How many shorts are there out there right now? Anybody got stats on that? How big of a short squeeze might we have? I can't imagine it's too many after today although I'm guessing some people were anxiously waiting to short it after it was up 12.9% yesterday. Some good news from Exxon Mobil and about Groton TIP being complete would be perfect. The only other thing expected before the end of the year was Trinity and that was a small project that wasn't even guaranteed. I'd have to look back at the previous quarterly reports.
13M shares by noon, well over the daily average. Earnings is going to at least meet expectations on the 19th. Very good news came out today after being up 12.9% yesterday. 30% pop from 5 day chart support level and still looking strong. I hope we run the $2 before earnings and we have a significant beat. Shorts will get destroyed. News about Exxon before Christmas would be perfect. TICK TOCK!!!
I've heard nothing on Malaysia. However we do have a couple significant alliances that should turn into something within the next year.
They do have a vision it's in the 5-year plan. One priority was to execute and they have finally begun doing that. They signed a few new contracts in 2023 and several MOUs. I expect more developments in South Korea sooner rather than later.
Exxonmobil is not slow playing this They want to make sure the technology is ready to rock and roll and does not underperform. They also want to maximize policy support and incentives to minimize out of pocket costs. I believe we have what we need now and hopefully here's something before the end of the year. But I do expect something significant no later than the end of the current JDA. Although I did Think similarly at the end of the last JDA.
If not for plugs disaster is quarter and going concern, We would likely be closer to $2 than $1.50 right now. Neither is acceptable as The value of the company itself without any policy support or in San Jose has grown significantly over the last 2 years, yet has a very similar market cap to spring/summer 2020. Macroeconomics seem to be stabilizing and the Fed is indicating at least no more rate hikes.
I expect to easily make you 52 week highs at some point by summer at the latest but I think much sooner.
$300M Revenue in 2025 and $1B in 2030 reiterated 2 times in the past year. Gonna be revised upwards by Q2 Conference call! I see Analysts targets from $1-$4. By September you'll see $5-$10 but the Share price will be well beyond $5. Q4 will be at least neutral, Q1+Q2 are going to prove substantial growth with plenty more to follow. This won't be a hype and Hope run based on an election. This will be sustainable strength run based on facts and fundamentals. Tick tock!
Green pre-market at 8:52 a.m. New York Time, on well over the normal pre-market volume. After being up 12.9% yesterday, can't wait to see what happens at 9:30. Announcement about ExxonMobil and fuelcell at porthos Right now or by earnings would crush the bears. Shorts would have to cover with an Exxon announcement. Earnings should at least meet expectations based on the tax equity financing. Could be a significant beat If there's any positive surprise with advanced technologies or service and license. We know product sales are at least $13.6M, generation is likely $10M. Analysts expect $26-$30 with $.08 loss. I expect anybody paying close attention to understand this and the share price to go up into the earnings call. Could be a pullback if they just meet expectations. If I'm wrong and the stock doesn't go up into earnings, Then the 18th is the perfect time to load up.
$13.6M received in October from Tax equity financing. Definitely a revenue beat for Q4. S & L and Adv tech had to bring in at least $7M but could be anywhere far north of that. Generation had to be over $10M, possibly over $11M. Minimum $30M revenue which is a beat. Earnings should at least meet expectations based on elimination of expense from construction and late fees/extensions.
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Closes-Tax-Equity-Financings-with-Group-1001-and-Franklin-Park-forTri-gen-Project-and-Derby-Connecticut-Fuel-Cell-Park-2023.pdf
"If" this is going on a nice run, we will be up premarket and never go below yesterday's close! If being the key word. It would certainly make more sense to do that than drop below recent support, which was $1.21. ill reiterate, Close over $1.48 and upside could be over $2 in short time, by next Friday with even just meeting analysts expectations.
https://www.marketwatch.com/investing/stock/fcel/analystestimates
Beat 2 Q in a row and 3 of last 5 yet SP declined
https://www.marketbeat.com/stocks/NASDAQ/FCEL/earnings/
Can't find revenue expectations for the quarter anywhere. For the year it's $126-$134M. After Q3 it was $100.932M so range expectations is $25M-$33M, that's quite a range. So we hope over $30M, which also gets them over 2022 revenue.
All charts look insignificant, just as volume is today, until you go back to the 6 month. There is an obvious unexplained significant decline. However, it also appear, pending we move back over $1.48 by the holiday, we have definitely found a bottom and have broken important resistance levels. $1.50 before Christmas eve would be a disappointment but a clear sample of future growth. Is $$ going to buy, sell or hold into earnings. The only concern I have is Groton. If that TIP is complete before end of year, all indicators are green.
BE article suggests More valuation even after recent + performance. Funny thing is FCE has all the same + stuff going on. Impressive recent quarter, significant average Revenue growth (even better), and many benefits already, + more expected from recent policy support for their tech. Plus Fuelcell is also working directly with institutions testing & developing their tech. FCE is also working with XOM and their share price has actually declined more in the past 3 years. BE has far greater revenue but far greater losses also. BE has far more installations but those #s include every cell at each location. So FCE would have like 6 in Derby but FCE has different and larger sizes with several different techs. AS STATED REPEATEDLY, there is no future valuation figured in FCE current share price., and even insufficient valuation given for progress & developments over the past 2 years. Funny the writer has in look further into the decline and isn't aware of the 3 month run they had end of 20 into February 21.
https://investorplace.com/2023/12/why-be-stock-could-be-a-big-beneficiary-of-the-clean-energy-revolution/
It's official December 19th. And I was just going to post this morning we should be getting an update by end of week.
https://u29265312.ct.sendgrid.net/ls/click?upn=ORzZd4SLon0VOMuZcydrN34dchcFLJJ7SsToIPU68cB8LJgY4pkzZkoLTtvhz2YYp3NHgPa6TnqM8xNEMKbBP2GrAslkKvaT7976zvp-2BJDuBWlqS1RPBvDXf8-2BM-2FT4hF8TXvUlf1KyN-2B8t48llQcYA-3D-3DKPXL_5iT8m1ZHLpJch8oSIu9fO9p-2BEge9NVq8qBjHjswk9coThzoz7j-2B-2FoS1F4EMJPSr3ijGnfQRWQ0EtMT0h3u1JjRVGGHQ8qNNZesFl5X6AoSY1BSBwDJB3Y1bMZj-2FVQUDtWMqC3JW-2BxDk115KqGIBCuTpLh2AGqheFJTxRGWpDK737bqOtW-2BBOgP-2Fh0IHFGX0-2BHNMBFc-2F31J-2BN-2Brb0sFsjshrSShOjCKP3bB1bLMeD36eO3YIeMge4-2F4Ygr-2BbsC0w23h-2F-2FTYVew4PIbKRsRPjrSZffnmjQiIrDIQeJNAKsx7Otwt9syZue-2B-2FCS5f1f-2FfSC5fos9HJXP-2ByoUugmVp8e9Fy38kzqBv-2FHl-2BYcpS4ayH8-3D
🎉 Celebrate advancements in #carbonmanagement w/FECM:
— DOE Fossil Energy and Carbon Management (@FECMgov) December 11, 2023
✅ Hydrogen with Carbon Management
✅ Carbon Transport and Storage
✅ Carbon Dioxide Removal
✅ Carbon Conversion
✅ Point Source Carbon Capture
Explore➡️ https://t.co/KYBsQu3mBX pic.twitter.com/qqcx6BnvsA
Other hubs may still move forward without Government funding, however, they may still end up getting government funds. Navajo Nation involved with One!
https://www.energymonitor.ai/opinion/us-hydrogen-hubs-without-doe-funding-deserve-attention/
Immense growth will continue!
https://status23.globalccsinstitute.com/
Think we might know a candidate applying!
The American-Made Commercial CDR Purchase Pilot Prize offers up to $35 million in cash prizes to competitors who develop and fulfill innovative, technically robust, validated, and commercial-scale carbon dioxide removal purchase agreements. The prize marks the first initiative by the U.S. Federal Government to directly purchase carbon dioxide removal from domestic providers, supporting the development of a carbon dioxide removal purchasing market, encouraging technological innovation, and accelerating growth of the industry.
The submission deadline for Phase 1 of the prize is this Thursday December 14! We strongly encourage applications before the deadline to avoid any technical difficulties.
View the Official Rules before submitting to ensure you meet all the eligibility criteria and understand the requirements of the submission materials.
If you have any questions about the prize requirements or regarding your specific submission, please contact the prize administrators at DACprizes@nrel.gov
Don’t miss out on your chance to win cash prizes for your impactful carbon dioxide removal purchase solutions. Apply today!
$10M is Insignificant. However, the focus is a good thing, seeing as FCE has the perfect option already in operation.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.energy.gov/fecm/articles/doe-invests-10-million-increase-domestic-supplies-water-and-critical-minerals&ved=2ahUKEwjd96W45IeDAxUVEVkFHbjiC88QFnoECAkQAQ&usg=AOvVaw1JtKjERDCbA3tQKHhXsJD7
Here, have some fun with this. Pages upon pages of fuel cell energy working with the Department of Energy. Testing and improving their technologies way way way back.
https://netl.doe.gov/search/node
Just a little history for those lacking knowledge. Won't find BE or PLUG doing any extensive work with DOE! It's the United States Department of Energy.
https://netl.doe.gov/sites/default/files/netl-file/22SOFC_Hossein_25.pdf
https://netl.doe.gov/sites/default/files/netl-file/22SOFC_Ghezel-Ayagh_26.pdf
https://netl.doe.gov/sites/default/files/netl-file/23FECM_18_Ghezel-Ayagh_1.pdf
https://netl.doe.gov/sites/default/files/netl-file/23FECM_18_Ghezel-Ayagh_2.pdf
https://netl.doe.gov/sites/default/files/netl-file/23FECM_18_Ghezel-Ayagh_2.pdf
https://netl.doe.gov/sites/default/files/netl-file/21AES_Ghezel-Ayagh.pdf
Carbon Capture JDA with Exxonmobil identified in this link in 2016. You think they are in development for 8 years without something HUGE!
https://netl.doe.gov/sites/default/files/event-proceedings/2016/c02%20cap%20review/1-Monday/H-Ghezel-Ayagh-FCE-Electrochemical-Membrane-System.pdf
Repost from WeTheMarket Ihub
Wall Street gets ready to cash in on $1 trillion climate market
Alastair Marsh
Sun, December 10, 2023
(Bloomberg) — As the carbon offset market gets a new lease on life from the COP28 climate summit in Dubai, bankers from Wall Street and the City of London are positioning themselves to get a chunk of the dealmaking they say is coming.
Banks that have been building up carbon trading and finance desks include Goldman Sachs Group Inc., Citigroup Inc., JPMorgan Chase & Co. and Barclays Plc. They’re looking to finance the development of carbon sequestration projects, to trade credits and to advise corporate clients buying offsets. They’re also keen to support local projects in emerging markets that currently lack the financial clout to scale up their work.
“A lot of project developers don’t have huge balance sheets and have difficulty raising money,” said Sonia Battikh, Citi’s global head of carbon offsets trading. “Working out how to bridge that financing gap and channel money to projects is where a bank like Citi can play a role.”
Wall Street is racing to get a foothold in a market that has the potential to reach as much as $1 trillion, as offsets offer a way for companies to hit net zero without actually eliminating all their emissions. Rich Gilmore, the chief executive of investment manager Carbon Growth Partners, said it’s already clear there’ll soon be an acute under-supply of high-quality credits, given the demand.
…..
https://finance.yahoo.com/news/wall-street-gets-ready-cash-090000078.html
Now everyone investing in fuel cell stocks should ask themselves, of all the fuel cell companies who does carbon capture? And who do they do it with?
FuelCell Energy saw the highest growth of 166% in patent filings in August and 149% in grants in September in Q3 2023. Compared to Q2 2023, Q3 2023 saw an increase in patent filings by 42% and grants by 74%. GlobalData's DataBook provides a comprehensive analysis of FuelCell Energy's patent filings and grants.
Darren woods
Nice day, it's a start. Up almost 5% with 300k shares. Traded in the last 30 seconds and a little over average volume on the day. Same time, Plug down almost 2% Bloom and Ballard up fractionally, all 3 on low volume. Chart looking promising! Conference call and a boatload of news incoming. Tick tock!!!
News survey! If they were to miraculously come out with some good news, what would the good news be?
1) TIP in Groton complete
2) Trinity College operational
3) Derby 2 operational
4) signed agreement with Exxonmobil
5) Contract from previous MOU
6) completely new contract
7) New MOU
8). Name the new contract or new MOU and you are the grand prize winner.
I'll take Exxonmobil project announcement followed by Trinity then Derby 2 then South Korea Contract, all by sometime in January, and will throw in one new thing not on the list in one other contract from a current MOU.
video repost from Chuckwagon. Must watch. Energy companies all spreading the same message, CCS/CCUS is an absolute necessity during the transition to clean energies. That transition is not going to happen within the next few years. We cannot get there without carbon capture. Some are still struggling with accepting that but at some point those numbers will dwindle far enough that there will be no stopping it, If we haven't reached that point already. Existing carbon capture projects in operation or under construction are basically going to double from what exists right now compared to two or three years from now. We will have carbon capture projects operational in Canada and the Netherlands By 2026. The bureaucracy is going to be streamlined because of the urgency of the issue at hand. https://www.cnbc.com/video/2023/12/01/we-need-to-build-a-new-energy-system-while-keeping-the-old-one-equinor-ceo-says.html
XOM video
No news heavy volume. Must be selling shares. And likely for something good we hear about during conference call. Plug got wacked by Cramer last night in Morgan Stanley lowered price target to $3 and cut rating. I can't think of any other explanation for the volume to be over 10 million before 12:30.
December 5, 390 CCUS projects in different stages of development but we will need 100 fold to meet climate targets by 2050. I'm pretty sure we get at least a Few (within a Few years) of those.
https://www.globalccsinstitute.com/news-media/press-room/media-releases/oman-ccs-work-programme/
Ready to Rock n Roll!
The signing of the UAE Hydrogen Declaration of Intent, signed by 27 countries at COP28, is set to unlock global trade in low-carbon hydrogen. The signing ‘recognizes existing certification schemes’, and marks another important step in the right direction.https://t.co/7SddIx06ji
— Canadian Hydrogen Association (@PoweringNow) December 4, 2023
Wow, when I saw the dip below $1.30, my first thought was Plug must be getting slammed, no way FCEL is getting beat down like this for any rational justification. Oh well. If the slime are able to suppress until mid January, I can load up more. I doubt it. Q4 earnings could be the final snip that separates the 2 once and for all.
2 hours and 15 minutes into the trading day We finally hit yesterday's volume 40 minutes into the trading day. Plug is down 5.5% which seems to be leading the decline. Good old Andy getting people's hopes up for a certain letdown He had to see coming. Next I see a lawsuit at some point over the next few months for misleading investors. Somebody will be filing a class action suit. That was my guess before when he cashed shares around $70 for stock began crashing. Don't you know a class action suit was filed. I don't know what the outcome was but I know one was filed. This is almost reminiscent of the tortoise & the hare.
Several key observations! 1) Volume is down substantially less than 900,000 shares 16 minutes into the day. That suggests to me whatever trading is going on is insignificant. 2) Dow and NASDAQ are completely opposite, as while the Dow is headed down swiftly, The NASDAQ is bouncing from being down at the open. I'm thinking there's some funky positioning going on right now. 3) We clearly did not hold yesterday's close, But we are at a higher support level then we were last week. 5 day and one day chart still look good. Obviously, we should have a much clearer picture by the end of the week and hopefully we close over $1.50.
Finally, let's get news rolling!
https://www.nasdaq.com/articles/these-8-small-cap-impact-stocks-tap-into-the-rapidly-growing-climate-tech-market-in
This is an unsurpassed global $$ commitment!
https://oilprice.com/Latest-Energy-News/World-News/Indias-Top-Clean-Energy-Firm-to-Invest-22-Billion-to-Boost-Capacity-Fivefold.html
Global, and we are connected in Canada and have a subsidiary there.
https://www.mltaikins.com/energy/hydrogen-an-emerging-and-promising-industry-for-alberta-and-saskatchewan/
ICYMI🚨: @FuelCell_Energy and @IBM announced a partnership to utilize AI to extend the life of fuel cell technology. This process will replace time-intensive testing, all while offering a deeper understanding of the technology's performance. https://t.co/YCYsKAhBW1
— FuelCell Energy (@FuelCell_Energy) December 4, 2023
Talk about growth, just getting started! COP28 is like the start of a marathon! Exxonmobil FID likely announced within days.
https://www.catf.us/2023/11/tracking-progress-europes-2023-carbon-capture-projects/
https://www.catf.us/the-latest/
Navajo Nation received funding to help move forward with FCE project. Navajo Nation is BIG!
https://tribalbusinessnews.com/sections/energy/14463-venture-funding-boosts-big-navajo-energy-s-clean-energy-expansion
Only 15 positions for hire which means they're almost completely staffed and have hired a ton of positions over the past couple years. But take a close look, they're running three shifts in Canada. Which means if they're not up to 40 megawatt run rate they should be darn close.
https://careers.fuelcellenergy.com/search/
30% over 10 days average volume, + 5+% and better yet closed at the high of the day, better yet also, plus one penny an hour after the close. And COP28 is just getting started and the markets were red. Certainly don't like to see red markets as that's one of the main reasons we're in this price range anyway, certainly love to see this close over a $1.50 this week. Holding over today's close through tomorrow would be a very good sign. Tick tock. Those international MOU's aren't looking meaningless at the moment are they.
Volume already exceeded daily average. Up 3-4% and 1 month chart starting to look just like 5 day. Once the 3 month looks like the 1 month, we're in good shape, hopefully by next week. Plug almost at Ave volume, Ballard slightly lower, Bloom substantially lower. Like to see that average up to 15M more so than 20+. We can maintain steady climb with 15M +/- a couple over the next 1-2 weeks. Big announcement from Exxonmobil after testing $2 would be perfect.