Price: $4.7200
$0.15
3.282%
|
Day's High:
| $4.74
| Week Perf:
| -21.2 %
|
Day's Low: |
$ 4.40 |
30 Day Perf: |
-35.08 % |
Volume (M): |
2,693 |
52 Wk High: |
$ 7.28 |
Volume (M$): |
$ 12,711 |
52 Wk Avg: |
$5.63 |
Open: |
$4.57 |
52 Wk Low: |
$4.08 |
|
|
Market Capitalization (Millions $) |
736 |
Shares
Outstanding (Millions) |
156 |
Employees |
36 |
Revenues (TTM) (Millions $) |
155 |
Net Income (TTM) (Millions $) |
-26 |
Cash Flow (TTM) (Millions $) |
20 |
Capital Exp. (TTM) (Millions $) |
118 |
Altus Power Inc
Altus Power Inc. is a leading independent renewable energy company based in the United States. The company was founded in 2009 and has since become a prominent name in the solar energy sector. Altus Power provides clean energy solutions to a diverse range of customers, including government agencies, commercial and industrial businesses, municipalities, schools, and non-profit organizations.
With a portfolio of over 200 solar facilities across 12 states, the company generates over 600 megawatts (MW) of solar energy. Altus Power manages and operates these facilities, providing long-term financing and reliable energy generation solutions. Its goal is to accelerate the transition to a clean energy future by promoting sustainable development and reducing greenhouse gas emissions.
Altus Power offers its customers a variety of services, including design, construction, operation, and maintenance of distributed solar energy systems. The company also provides financing options for both on-site and off-site projects, offering customized solutions to meet specific needs. Their services include everything from project analysis and development, to procurement, engineering, construction, and long-term monitoring and maintenance.
The company's team of experienced professionals has extensive expertise in renewable energy, finance, and real estate, allowing them to provide innovative solutions to meet customers' unique needs. As a result, Altus Power has earned an excellent reputation in the renewable energy sector, with numerous accolades and recognition from industry organizations, customers, and the media.
The company is committed to social responsibility and sustainability, as well as providing a positive impact on the communities where its facilities operate. Altus Power has created jobs in local communities and contributes to the economy while advancing a clean energy future.
In summary, Altus Power is a leading independent renewable energy company in the United States focused on accelerating the transition to a cleaner, sustainable energy future. The company offers customized solutions to meet specific needs for customers across a diverse range of industries through long-term financing, dedicated operation and maintenance, and an unwavering commitment to social responsibility and sustainability.
Company Address: 2200 Atlantic Street Stamford 6902 CT
Company Phone Number: 698-0090 Stock Exchange / Ticker: NYSE AMPS
AMPS is expected to report next financial results on March 29, 2024. |
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Altus Power Inc
Altus Power Inc, the largest commercial scale provider of clean, electric power, recently announced its financial results for the fourth quarter and full year 2023. Despite a surge in revenue of 27.754% to $34.19 million in the October to December 31 fiscal time-frame, the company slipped into a deficit of $-0.17 per share. AMPSs' top-line growth in the fourth quarter of 2023 compares favorably to its Electric Utilities industry peers, who only achieved a 0.62% revenue improvement during the same period. Sequentially, earnings per share fell from $0.03 per share, and revenue declined by -24.151% from $45.08 million. However, Altus Power Inc is pairing its high momentum with improving consumer costs and its current expertise. During the October to December 31 fiscal time-frame, Altus Power Inc recorded a net deficit of $-39.964 million, compared to earnings of $67.086 million in the same quarter a year prior. While the accounts receivable have declined to $17.1 million from the previous quarter, they remain higher than during the same period last year. For the financial twelve months of 2023, Altus Power Inc reports a net loss of $-25.97 million and revenue of $155.16 million. The company's EPS dropped from $0.35 in the preceding financial year to $-0.06 in proportion. However, revenue surged by 53.38% from $101.16 million a year ago. Looking ahead, Altus Power Inc is expected to report its next financial earnings on March 29, 2024. Despite the financial results, Lars Norell, co-CEO of Altus Power, remains optimistic about the company's performance, stating that 2023 was another record-breaking year for Altus, with revenue, adjusted EBITDA, customer additions, and asset growth reaching new highs.
|
Management Changes
Published Mon, Mar 4 2024 1:00 PM UTC
Altus Power, the leading provider of clean, electric power, has announced the appointment of Robert Bernard, Chief Sustainability Officer at CBRE, to its Board of Directors. Bernard will assume the board seat previously held by Bill Concannon, who spearheaded CBRE's partnership with Altus Power until his recent retirement. Details: 1. Robert Bernard, CBRE's...
|
Product Service News
Published Wed, Jan 31 2024 9:30 PM UTC
Altus Power Expands Customer Base with Acquisition of 84MW Portfolio from VitolAltus Power, a prominent provider of clean electric power, has recently completed the acquisition of approximately 84 megawatts (MW) of commercial-scale solar arrays from Vitol, the largest independent energy trader globally. The deal, closed at a value of around $118 million, adds thousands of ne...
|
Financing Agreement
Published Tue, Jan 2 2024 9:30 PM UTC
Altus Power, the leading provider of clean electric power, recently closed a secured credit facility worth $100 million from Goldman Sachs Asset Management and the Canada Pension Plan Investment Board's subsidiary, CPP Investments. This significant financing milestone is expected to fuel Altus Power's ongoing expansion plans. Additionally, the company's income per ...
|
Merger and Acquisition
Published Thu, Dec 21 2023 10:00 PM UTC
Altus Power Expands Clean Electric Power Portfolio with Acquisition of Project Hyperion, Bolstering Presence in North and South Carolina Stamford, Conn. - Altus Power, Inc. (NYSE: AMPS), a renowned provider of commercial-scale clean electric power, proudly announced today the successful completion of its acquisition of Project Hyperion, LLC. This acquisition, which compr...
|
Per Share |
Current |
Earnings (TTM) |
-0.07 $ |
Revenues (TTM) |
1 $
|
Cash Flow (TTM) |
0.13 $ |
Cash |
1.03 $
|
Book Value |
3.2 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.07 $
|
Revenues (TTM) |
1 $ |
Cash Flow (TTM) |
0.13 $ |
Cash |
1.03 $
|
Book Value |
3.2 $ |
Dividend (TTM) |
0 $ |
|
|
|
|