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Plug Power Inc  (PLUG)
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Price: $3.3300 $-0.01 -0.299%
Day's High: $3.47 Week Perf: -9.02 %
Day's Low: $ 3.26 30 Day Perf: -21.28 %
Volume (M): 25,377 52 Wk High: $ 13.44
Volume (M$): $ 84,507 52 Wk Avg: $7.27
Open: $3.36 52 Wk Low: $2.26



 Market Capitalization (Millions $) 1,996
 Shares Outstanding (Millions) 599
 Employees 439
 Revenues (TTM) (Millions $) 890
 Net Income (TTM) (Millions $) -950
 Cash Flow (TTM) (Millions $) -1,637
 Capital Exp. (TTM) (Millions $) 634

Plug Power Inc
Plug Power Inc., or the Company, is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market.

We are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. A fuel cell is an electrochemical device that combines hydrogen and oxygen to produce electricity and heat without combustion. Hydrogen is derived from hydrocarbon fuels such as liquid petroleum gas, or LPG, natural gas, propane, methanol, ethanol, gasoline or biofuels. Plug Power develops complete hydrogen delivery, storage and refueling solutions for customer locations. Hydrogen can also be obtained from the electrolysis of water, or produced on-site at consumer locations through a process known as reformation. Currently the Company obtains hydrogen by purchasing it from fuel suppliers.



   Company Address: 968 ALBANY SHAKER ROAD LATHAM 12110 NY
   Company Phone Number: 782-7700   Stock Exchange / Ticker: NASDAQ PLUG
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHPT   -12.5%    
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Partnership

Plug and Uline: A Powerhouse Partnership Evolving Efficiency with Hydrogen and Fuel Cells

Published Fri, Feb 23 2024 12:00 PM UTC

As the world intensifies its efforts to combat climate change and reduce its reliance on fossil fuels, innovative technologies are emerging to revolutionize the way we power our industries. In a groundbreaking move, Plug and Uline have expanded their partnership, investing a staggering $20,000,000 to supply hydrogen and fuel cells at four additional sites. This long-standing...

Contract

Plug Power Strengthens Major U.S. Automaker's Operations with Hydrogen and Fuel Cell Solutions

Published Wed, Feb 21 2024 12:00 PM UTC

One of the largest automotive manufacturing facilities in the United States, sprawling over 6 square miles, is set to undergo a significant transformation in its material handling operations. Plug Power Inc has recently finalized a contract to support this major U.S. automobile manufacturer in transitioning to Plug's advanced hydrogen and fuel cell solutions. This groundbrea...

Management Announcement

Plug Power Inc. Unveils Ambitious Expense Reduction Plan to Save Over $75 Million Annually, Aiming for Financial Turnaround

Published Wed, Feb 14 2024 12:00 PM UTC

Plug Announces Strategic Expense Reduction Plan to Save More Than $75 Million Annually
Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has unveiled a comprehensive plan to significantly decrease its annual operational expenses by over $75 million. The move is aimed at improving financial performance and...

Product Service News

Plug Power Inc Leaps Ahead, Filling Cryogenic Trailers for Customer Deliveries while Outperforming Competitors in Revenue Growth

Published Thu, Feb 8 2024 12:01 PM UTC

Plug Cryogenic Trailers Leave Tennessee Hydrogen Production Plant for Customer DeliveriesPlug Power Inc, a leading provider of sustainable hydrogen solutions, has announced that its cryogenic trailers have been filled with liquid hydrogen and are ready for delivery at east coast pedestal customer sites. This comes just two days after the commencement of operations at their h...

Product Service News

Plug Power Fires Up European Renewable Sector with its 500MW Electrolyzer, Solidifying its Lead Despite Drops in Market Share

Published Fri, Feb 2 2024 12:00 PM UTC

Leading renewable energy company, Plug Power Inc, has once again demonstrated its position at the forefront of the clean energy revolution. The company recently secured a contract for a 500MW Electrolyzer in Europe, bringing its total of Basic Engineering and Design Package (BEDP) contracts to an impressive 4.1GW. This significant achievement comes despite the trend of reven...






 

Plug Power Inc's Segments
 
 
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