Category: Energy

Alternative Vehicle Fuel Types

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	Image Credit: C.C. Chapman (Flickr)


Six Alternative Fuel Types Vying to Power our Future

 

Not many years ago, there were two types of vehicles on the road, gasoline-powered and diesel. Now there is a wider variety with six main alternative fuels. Each of these is intended to put us on the path to reduced or carbon-neutral vehicles. Some have distinct advantages over others from a functional standpoint; all represent investment opportunities, as a few of these are likely to grow to be the primary energy source in tomorrow’s cars and trucks.

Investors interested in the alternative fuels area should make sure they know the basics of each. The following are the basics of all six.

 

Ethanol

Ethanol is a renewable fuel made from corn and other plant materials. Its use is widespread on the roads today. In fact, more than 98% of gasoline in the U.S. contains some ethanol. The most common blend of ethanol is E10 which is 10% ethanol and 90% gasoline.

Ethanol is also available as E85 (or flex fuel) which is an ethanol blend containing 51% to 83% ethanol, depending on geography and season, used in flexible fuel vehicles. E15is a blend increasing its market presence. It is approved for use in model year 2001 and newer light-duty conventional gas vehicles.

Ethanol is a renewable fuel made from various plant materials collectively known as “biomass.” More than 98% of U.S. gasoline contains ethanol, typically E10 (10% ethanol, 90% gasoline), to oxygenate the fuel, which reduces air pollution.

Ethanol (CH3CH2OH) is clear and colorless. It’salso known as grain alcohol, ethyl alcohol, and EtOH. The fuel has the same chemical make-up regardless of whether it’s produced from starch- or sugar-based feedstocks like corn.

Ethanol has a higher octane than gasoline, so it can be used to raise the octane of low octane gasoline to prevent rough engine operation such as knocking. However, the fuel actually contains less energy per gallon than gas. Denatured ethanol (98% ethanol) contains about 30% less energy than gasoline per gallon. The experience of any cars fuel economy on ethanol depends on whether an engine is optimized to run on gasoline or partial ethanol.

Flexible Fuel Vehicles

Flexible fuel vehicles (FFVs) have an internal combustion engine and can operate on gasoline and/or any blend of gasoline and ethanol up to 83%, such as E85 flex-fuel. E85 is a gasoline-ethanol blend containing 51% to 83% ethanol, depending on geography and season.

According to IHS Markit, as of 2017, there were more than 21 million FFVs in the United States. Because FFVs are factory-made and are capable of operating on gasoline and gasoline-ethanol blends, many vehicle owners don’t realize their car is an FFV and that they have a choice of fuels to use.

You can visit Fueleconomy.gov to learn how to identify an FFV or use the Alternative Fuel and Advanced Vehicle Search to find current FFV models.

Emissions

The carbon dioxide released by a vehicle when ethanol is burned is offset by the carbon dioxide captured when the feedstock crops are grown to produce ethanol. This differs from gasoline and diesel, which are refined from petroleum extracted from the earth. No emissions are offset when these petroleum products are burned.

On a life cycle analysis basis, greenhouse gas (GHG) emissions are reduced on average by 34% with corn-based ethanol produced from dry mills, and range between 88% and 108% if cellulosic feedstocks are used depending on feedstock type, compared with gasoline and diesel production and use.

 

Electricity

Electric vehicles, which for our purposes includes hybrid (gas and electric), have operating costs that are lower than conventional gas-powered cars. A little more than a decade ago, there was practically no mass market in the U.S.  But the consumer perception and evolution of technology, including battery efficiency, has been putting more hybrids and E.V.s on the road, with more entrants coming each year from the major car companies and start-ups.

Availability and Charging Speeds

Both all-electric cars and a plug-in hybrid have several options for charging. Often, drivers will do the majority of their charging from home. Workplaces, businesses, and some condos and apartments now provide charging. As far as public charging, there are over 16 thousand public charging stations located across the country.

There are three basic types of charging:

Level 1 charging is accomplished by plugging the car or truck into a regular 120 Volt home style outlet. This is the slowest type of charging, and the current pace is about 2 to 5 miles of range per hour of charging. It’s often the most convenient and requires no special charger or adapter. Most, if not all, plug-in vehicles come equipped with a cord to allow level 1 charging.

Level 2 charging is where a supply station offers current at 240 V (or 208 V), which provides 10 to 30 miles of range per hour of charging. Most public chargers are Level 2 chargers. Drivers can also have a Level 2 charger installed at their home. Most public chargers use a standard plug type that is compatible with all vehicles. Tesla charging stations, however, use a different plug type that cannot be used by other manufacturers’ vehicles. Tesla provides an adaptor that allows its vehicles to use both Tesla and standard Level 2 charging stations.

Fast charging is also referred to as D.C. fast charging or D.C. quick charging. This is the fastest method. It allows 50 or more miles of range to the battery in 20 minutes. Not all vehicles can accept fast charging, nor do all vehicles use the same type of plug for D.C. fast charging. This is a consideration for those deciding if an E.V. makes sense for them. Quick charging stations are usually located along heavy traffic corridors. They are generally too expensive to be practical for home installation.

Market Demand

According to BlueWeave Consulting, the global market for electric vehicle market should grow from USD 121.8 billion in 2020 to USD 236.3 billion by 2027, with a CAGR of 10.6% during the forecast period (2021–2027).

 

Hydrogen

 

Hydrogen can power a vehicle in two ways: fuel cells, and internal combustion. Fuel cell vehicles (FCVs) turn hydrogen and oxygen from the air into electricity, powering an electric motor. The most abundant element on Earth (H) can also be burned in internal combustion engines (ICEs); the by product (exhaust) is H2O (water).

Emissions

In a virtual sense, Hydrogen doesn’t produce any greenhouse gas emissions. You essentially generate power through a hydrogen fuel cell that just emits warm air and water vapor. Internal combustion methods of propulsion, in the end, combine Hydrogen with oxygen producing harmless water.

Challenges

When it comes to hydrogen fuel, the major challenge is to initially extract the fuel from water or hydrocarbons. Hydrogen does not exist in a lone elemental form; separating it from others atoms requires energy input. In terms of storage, hydrogen creates more hurdles. If you want compact storage of hydrogen fuel, it will need low temperatures and high pressures. Hydrogen is available at fewer than 50 public stations, mostly in California. However, more fueling stations are planned for the future.

Fuel cell hydrogen vehicles cost more than conventional vehicles, but costs are decreasing. Still, only a few models are currently available for sale. Internal combustion hydrogen vehicles are typically conversions of gasoline engines.

 

Natural Gas

Fundamentals

In 2021, Natural Gas has become one of the most used fuels in the world. Unlike other types of fuel, Natural gas doesn’t contain hydrocarbons; it is one of the cleanest burning alternative fuels. It is used in the form of compressed natural gas (CNG) or liquefied natural gas (LNG) in cars, trucks, and buses.

There are Dedicated natural gas vehicles and bi-fuel. Dedicated are designed to run on natural gas only, while bi-fuel vehicles can also run on gasoline or diesel. Bi-fuel vehicles allow users to take advantage of the widespread availability of gasoline or diesel but use a cleaner, more economical alternative when natural gas is available. Since natural gas is stored in high-pressure fuel tanks, bi-fuel vehicles require two separate fueling systems, which take up passenger/cargo space.

Availability

Natural gas vehicles are not available on a large scale in the U.S.—only a few models are currently offered for sale. However, conventional gasoline and diesel vehicles can be retrofitted for CNG.

Chemical Process

Chemically, renewable natural gas is similar to other fossil fuels that make it highly usable. Creation of biomethane is through an anaerobic digestion process that involves waste from livestock and landfills. This process breaks down the microorganisms into biodegradable material.

 

BioDiesel

Fundamentals

BioDiesel fuel production is more common than many people realize. The production of the fuel requires animal fats, recycled grease, or vegetable oil. BioDiesel can be used in different diesel vehicles. This is because the chemical makeup is not substantially different from petroleum diesel.

Emissions

In comparison, BioDiesel burns more cleanly, eco-friendly, and safer than traditional petroleum diesel. On average, BioDiesel has more than 130 degrees Celsius of flashpoint, which is significantly higher than normal diesel. What’s more, is that B100 or pure BioDiesel decreases carbon dioxide emissions by up to 75% more than conventional diesel.

 

Propane

Propane, or liquefied petroleum gas (LPG), is a clean-burning fossil fuel that can be used in internal combustion engines.

Most of the propane used in the U.S. is produced domestically. It’s often less expensive than gasoline and does not degrade performance. LPG-fueled vehicles emit lower amounts of some air pollutants and greenhouse gases, depending on vehicle type, calibration, and drive cycle.

Challenges

The drawbacks to LPG are the limited number of fueling stations and vehicles. Over 900 public fueling stations sell LPG. A few light-duty vehicles – mostly larger trucks and vans – can be ordered from a dealer with a prep-ready engine package and converted to use propane. Consumers can also convert in-use conventional vehicles for LPG use. Some LPG vehicles run on propane only. Others can switch between propane and a conventional fuel such as gasoline.

Propane is stored as a liquid in pressurized fuel tanks rated to 300 psi. So, LPG conversions consist of installing a separate fuel system (if the vehicle will use both conventional fuel and LPG) or a replacement fuel system (LPG-only operation).

Converting a vehicle to use LPG can cost $6,000 to $12,000. However, this cost may be recovered in lower fuel and maintenance costs.

Propane fuel refers to liquefied petroleum gas that makes it one of the most viable alternative fuels. In fact, it is a high-energy and clean-burning fuel that offers many benefits to the automotive industry.

Emissions

On average, the greenhouse gasses reduction from propane fuel is around 10% relative to gasoline.

Cost-Benefit Ratio

On the flip side, propone vehicles are, in fact, quite expensive compared to gasoline vehicles.

 

Take-Away

These are fuels that will either be stopgaps on our way to cleaner burning fuels or may take a lead in powering our future. As we’re on this path, the increased demand for some or waning demand for others provides opportunity in all the surrounding aspects, of the fuels.

 

Suggested Reading:

Investment Opportunities in Hydrogen

The Future of Electric Vehicles



Ford’s Announcement is Another Reason for Copper Investors to Smile

Raw Materials and Scalability of Tesla’s Vision

 

Sources:

https://afdc.energy.gov/fuels/

https://www.nap.edu/read/1889/chapter/14#390

https://www.inspirecleanenergy.com/blog/clean-energy-101/types-of-alternative-energy

https://www.globenewswire.com/news-release/2021/02/10/2173513/0/en/Electric-Vehicles-market-Demand-to-Be-Twofold-in-the-Next-Five-Years-with-a-strong-CAGR-of-10-6-during-forecast-period-2021-2027.html

 

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Industry Report – Energy – The Outlook for Energy Stocks Keeps Getting Better

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Friday, July 2, 2021

Energy Industry Report

Where Is The Supply Response?

Michael Heim, CFA, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to end of report for Analyst Certification & Disclosures

  • Stocks are responding.  Energy stocks, as measured by the XLE Energy Index, have underperformed the overall market for many years but have started to show signs of a rebound. The XLE rose 10.7% in the June quarter versus an 8.4% rise in the S&P 500 Index. This marks the third consecutive quarter of outperformance and tracks the rise in oil prices that began last November.
  • Oil prices are crossing new levels. Oil prices continued their upward trend in the first quarter with WTI prices crossing $75/bbl. at the end of the quarter. Oil prices have reached levels not seen since 2018 and show no signs of letting up. Brent prices are trading closer to $76/bbl. The spread between WTI and Brent prices has narrowed as U.S. producers have been slower to accelerate drilling than other parts of the world.
  • Natural gas prices are starting to take off. Natural Gas prices have also been exceptionally strong in recent months climbing above $3.60/mcf. Recent heat waves across much of the country has meant that gas-fired turbines are running at full speed.
  • Long-term trends favor renewable, nuclear and natural gas but oil is holding steady. Energy sources in the United States are undergoing a significant transformation away from carbon-based fuels. Coal consumption has been replaced by renewable, nuclear, and natural gas. Worth noting, petroleum consumption, which grew dramatically in the last 50 years, has maintained the levels reached at the end of the century.
  • The next few quarters could be very good for energy companies. The rebound in oil and natural prices came faster than expected and is staying higher than we would have expected. Our near-term outlook for energy stocks remains positive.

 

Energy Stocks

Energy stocks, as measured by the XLE Energy Index, have underperformed the overall market for many years but have started to show signs of a rebound. The XLE rose 10.7% in the June quarter versus an 8.4% rise in the S&P 500 Index. This marks the third consecutive quarter of outperformance and tracks the rise in oil prices that began last November. The chart below shows that the performance of energy stocks in comparison to the S&P Composite Index over the last twelve months.

Figure #1


Source: Yahoo Finance

 

Oil Prices

Oil prices continued their upward trend in the first quarter with WTI prices crossing $75/bbl. at the end of the quarter. Oil prices have reached levels not seen since 2018 and show no signs of letting up. Brent prices are trading closer to $76/bbl. The spread between WTI and Brent prices has narrowed as U.S. producers have been slower to accelerate drilling than other parts of the world. We would attribute the delays to transmission issues in the Permian Basin during extremely cold temperatures in Texas in February. The delay also reflects the impact that low oil prices in 2020 have had upon the health of smaller domestic producers.–

Figure #2

Source: OilPrice.com

 

OPEC, which initiated supply reductions last year, has maintained those reductions through the first half of 2021 despite the improved demand outlook. A tentative agreement between Saudi Arabia and Russia will gradually increase production by 2 million barrels/day over the rest of the year. We believe the increase will offset growing demand associated with post-pandemic global economic expansion and that it will not have an adverse impact on oil prices. The oil futures curve shows oil prices declining on the out months but staying above $70/bbl. through December.

Meanwhile, domestic producers have been slow to react to higher oil prices but have begun to accelerate drilling in recent months. There are 77% more than half the number of active oil rigs in the United States versus this time last year (470 verses 265). That said, there are only half the number of active rigs in the United States as compared to pre-pandemic levels. The figure below shows the contrast in rig count and oil prices over the last three years. The lack of a supply response to higher prices has meant, and will most likely continue to mean, that oil prices could stay at levels above what we consider to be the long-term normalized price for quite some time.

Figure #3

High oil prices, combined with improved operating efficiencies mean that production companies are facing very favorable returns on their investment. We look for companies to start reporting strong positive cash flow and to use cash flow to increase drilling and improve balance sheets. We do not expect companies to raise dividend payments given the cyclical nature of recent oil price trends but would not rule out share repurchases if stock prices do not rebound further.

 Natural Gas Prices

Natural Gas prices have also been exceptionally strong in recent months climbing above $3.60/mcf. Recent heat waves across much of the country has meant that gas-fired turbines are running at full speed.

Figure #4

Source: OilPrice.com

 

Storage levels, which exited the winter heating season below historical averages, have returned to normal levels. Drilling activity has started to pick up but remains well below pre-pandemic levels. There were 98 natural gas rigs drilling in the United States, up 30% from a year ago. As is the case with oil, we believe the lack of a supply response could mean that natural gas prices remain at elevated levels for several quarters. The gas futures curve is flat, dipping only a few cents into the fall months but then rising back above $3.60/mcf. during the winter months.

Figure #5


Longer-term energy trends

Energy sources in the United States are undergoing a significant transformation away from carbon-based fuels. While this should not be a surprise to anyone, it is worth taking a long-term view of energy consumption to highlight how the transformation has acerated in recent years. The chart below energy sources over the last 250 years. As one might expect, coal consumption has fallen sharply in the last ten years. Coal consumption has been replaced by renewable, nuclear, and natural gas. Worth noting, petroleum consumption, which grew dramatically in the last 50 years, has maintained the levels reached at the end of the century. We believe this trend will continue with petroleum providing a smaller portion of the overall energy picture, but not necessarily declining in absolute value.

Figure #6



Outlook

The rebound in oil and natural prices came faster than expected and is staying higher than we would have expected. We have been adjusting our models to reflect higher prices but are maintaining our long-term oil price forecast of $50 per barrel and $2.50 per mcf. Energy companies should start reporting positive cash flow at these prices and increasing drilling budgets.

Our near-term outlook for energy stocks remains positive. We expect companies to report favorable results for the next few quarters. Longer-term, we have concern that oil demand will be constrained by power generation competition from renewable energy and decreased demand for gasoline and diesel due to a growth in electric vehicles. At the same time, increased supply from OPEC and continued drilling productivity will mean lower energy prices. We recommend investors stay focused on energy companies with solid balance sheets, low operating costs and protected prices.

GENERAL DISCLAIMERS

All statements or opinions contained herein that include the words “we”, “us”, or “our” are solely the responsibility of Noble Capital Markets, Inc. (“Noble”) and do not necessarily reflect statements or opinions expressed by any person or party affiliated with the company mentioned in this report. Any opinions expressed herein are subject to change without notice. All information provided herein is based on public and non-public information believed to be accurate and reliable, but is not necessarily complete and cannot be guaranteed. No judgment is hereby expressed or should be implied as to the suitability of any security described herein for any specific investor or any specific investment portfolio. The decision to undertake any investment regarding the security mentioned herein should be made by each reader of this publication based on its own appraisal of the implications and risks of such decision.

This publication is intended for information purposes only and shall not constitute an offer to buy/sell or the solicitation of an offer to buy/sell any security mentioned in this report, nor shall there be any sale of the security herein in any state or domicile in which said offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or domicile. This publication and all information, comments, statements or opinions contained or expressed herein are applicable only as of the date of this publication and subject to change without prior notice. Past performance is not indicative of future results.

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IMPORTANT DISCLOSURES

This publication is confidential for the information of the addressee only and may not be reproduced in whole or in part, copies circulated, or discussed to another party, without the written consent of Noble Capital Markets, Inc. (“Noble”). Noble seeks to update its research as appropriate, but may be unable to do so based upon various regulatory constraints. Research reports are not published at regular intervals; publication times and dates are based upon the analyst’s judgement. Noble professionals including traders, salespeople and investment bankers may provide written or oral market commentary, or discuss trading strategies to Noble clients and the Noble proprietary trading desk that reflect opinions that are contrary to the opinions expressed in this research report.

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The following disclosures relate to relationships between Noble and the company (the “Company”) covered by the Noble Research Division and referred to in this research report.

Noble is not a market maker in any of the companies mentioned in this report. Noble intends to seek compensation for investment banking services and noninvestment banking services (securities and non-securities related) with any or all of the companies mentioned in this report within the next 3 months.

ANALYST CREDENTIALS, PROFESSIONAL DESIGNATIONS, AND EXPERIENCE

Senior Equity Analyst focusing on energy and utility stocks. 24 years of experience as an analyst. Chartered Financial Analyst©. MBA from Washington University in St. Louis and BA in Economics from Carleton College in Minnesota. Named WSJ ‘Best on the Street’ Analyst four times. Named Forbes/StarMine’s “Best Brokerage Analyst” three times. FINRA licenses 7, 63, 86, 87.

WARNING

This report is intended to provide general securities advice, and does not purport to make any recommendation that any securities transaction is appropriate for any recipient particular investment objectives, financial situation or particular needs. Prior to making any investment decision, recipients should assess, or seek advice from their advisors, on whether any relevant part of this report is appropriate to their individual circumstances. If a recipient was referred to by an investment advisor, that advisor may receive a benefit in respect of transactions effected on the recipients behalf, details of which will be available on request in regard to a transaction that involves a personalized securities recommendation. Additional risks associated with the security mentioned in this report that might impede achievement of the target can be found in its initial report issued by . This report may not be reproduced, distributed or published for any purpose unless authorized by.

RESEARCH ANALYST CERTIFICATION

Independence Of View

All views expressed in this report accurately reflect my personal views about the subject securities or issuers.

Receipt of Compensation

No part of my compensation was, is, or will be directly or indirectly related to any specific recommendations or views expressed in the public appearance and/or research report.

Ownership and Material Conflicts of Interest

Neither I nor anybody in my household has a financial interest in the securities of the subject company or any other company mentioned in this report.

NOBLE RATINGS DEFINITIONS % OF SECURITIES COVERED % IB CLIENTS
Outperform: potential return is >15% above the current price 84% 31%
Market Perform: potential return is -15% to 15% of the current price 3% 1%
Underperform: potential return is >15% below the current price 0% 0%

NOTE: On August 20, 2018, Noble Capital Markets, Inc. changed the terminology of its ratings (as shown above) from “Buy” to “Outperform”, from “Hold” to “Market Perform” and from “Sell” to “Underperform.” The percentage relationships, as compared to current price (definitions), have remained the same.

Additional information is available upon request. Any recipient of this report that wishes further information regarding the subject company or the disclosure information mentioned herein, should contact Noble Capital Markets, Inc. by mail or phone.

Noble Capital Markets, Inc.
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Noble Capital Markets, Inc. is a FINRA (Financial Industry Regulatory Authority) registered broker/dealer.
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Member – SIPC (Securities Investor Protection Corporation)

Report ID: 23804

Virtual Roadshow with Capstone Green Energy (CGRN) CEO Darren Jamison & CFO Eric Henchken

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Capstone Green Energy President & CEO Darren Jamison and CFO Eric Henchken make a formal corporate presentation. Afterwards, they are joined by Noble Capital Markets Senior Research Analyst Michael Heim for a Q & A session featuring questions asked by the live audience throughout the event.

Research, News, and Advanced Market Data on CGRN


Information on upcoming live virtual roadshows

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

Can You Invest in Uranium Directly?

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Image Credit: IAEA Image Bank (Flickr)


This Firm Facilitates Direct Investment in Physical Uranium

 

Sure, Robinhood provides the ability to invest in fractional shares, and you can trade 7 different
cryptocurrency coins, but can you buy 50 tons of physical uranium?

In a press release dated this past Tuesday, Uranium Trading Corporation (UTC) announced they were the facilitator of the purchase of uranium for a large multifamily office.  The initial purchase amount is for 100,000 pounds of U3O8. Not too long ago a physical investment in U308 would have seemed impossible. Today the doors are opening on once undreamt-of investment fronts – holding this increasingly popular commodity is just another one.

 

Background

The demand for uranium is expected to exceed its supply in the near future. UTC, founded in 2018, was formed to provide the means for investors to invest in business opportunities in the civil uranium market. The means to transact in the fuel involves UTC,  a corporation that directly invests in natural uranium oxide in concentrates (“U3O8”) and uranium hexafluoride (“UF6”)  and a company named 92 Trading, LLC which will provide management services to UTC.  92 Trading is engaged in pursuing commercial business and providing trading opportunities in the international uranium market. Its objective is to generate value for UTC investors and provide a pathway for it to invest in the storage of physical uranium with the goal of achieving capital appreciation resulting from any price increases due to expected future fundamental supply and demand imbalances.

As it relates to this transaction for the family office, David Berklite, CEO of Uranium Trading Corp said, “We are excited to have the opportunity to open up a market that has historically been isolated from the financial investment community,” he added “This purchase comes at a time when supply is being shut in globally and demand from reactor new builds continues its accelerated growth trajectory.  As an asset class, uranium as a commodity represents what we believe to be a compelling opportunity with almost no correlation to any other asset class.” 

No other details about this transaction have been given. Channelchek reached out to spokesman for UTC, for further information. We will pass anything pertinent along to our readers as they respond. Channelchek also discussed this with Noble Capital Markets Senior Energy Analyst Michael Heim, he commented, “…there is definitely a trend towards more speculative uranium trading.” Heim followed with, “…they now trade uranium futures, @UXX.1 on CNBC and UX=F on Yahoo, but they are very thinly traded.”

 

 

Take-Away

The move away from carbon-based fuels has caused a move toward uranium as a possible replacement for reliable energy for electric generation. Uranium has come back into vogue just as some large mines have closed or reduced output. Investors are looking to capitalize on what they now see as a recipe for higher uranium prices. Most trade in mining companies (see partial list below), it now appears direct investment is not impossible.

Paul Hoffman

Managing Editor, Channelchek

Suggested Content:

The Increasing Popularity of Uranium Investments

Recipe for Higher Uranium Prices



One-on-One With encore Energy

One-on-One with Energy Fuels

 

Sources:

https://prnmedia.prnewswire.com/news-releases/uranium-trading-corporation-makes-initial-uranium-purchase-301322469.html

https://www.sec.gov/Archives/edgar/data/1750407/000149315218014189/ex10-1.htm

Flotek Industries (FTK) – Coverage Initiated

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Thursday, July 01, 2021

Flotek Industries (FTK)
Coverage Initiated

Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. Flotek Industries, Inc. is a technology-driven, specialty chemistry and data company that helps customers across industrial, commercial and consumer markets improve their Environmental, Social and Governance performance. Flotek’s Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit Flotek’s web site at www.flotekind.com.

Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Initiating coverage of energy service company poised to take advantage of growing environmental focus by energy drillers.  Flotek Industries is a green, technology-driven specialty chemistry and data company selling across industrial, commercial and consumer markets. Primary products include specialty chemicals for oil and gas producers, cleaning and sanitation products, and data analytics.

    Sales should improve as drilling picks up.  Oil and gas prices have risen in recent quarters leading energy companies to increase drilling activity. Increased drilling should result in increased demand for Flotek’s products. We look for revenues to show favorable growth trends in upcoming quarters …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

OPEC Plus Meeting will Likely Unwind Production Cuts

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Image Credit: Jerry and Pat Donaho (flickr)


Oil Market Conditions May Change as We Enter the Second Half of 2021

 

The end of the pandemic-driven standstill in commerce and the current economic global reopening has meant a resumption in demand for oil products. The Organization of Petroleum Exporting Countries and their allies (OPEC+) will meet most of this weekend and through Thursday to review oil market conditions. There are high expectations that they will want to roll back further some of their crude output decreases that were decided upon over the past year.

 

OPEC Plus Meetings

At the beginning of the second quarter, OPEC+ met and agreed to return to a gradual rollback of previous output cuts beginning May and extending through July. At the time, Saudi Arabia also made clear its intention to unwind the voluntary cuts the kingdom had been making. OPEC+ had been holding back roughly eight million barrels a day of output at the time, one million of which represents the Saudis’ voluntary cut. The move to increase production levels didn’t cause weakening in the crude markets. In fact, the global benchmark for Brent crude on Friday (June 25) and the U.S. price for West Texas Intermediate (WTI) were each at their highest levels since October 2018 (front-month contracts $76.18 and $74.05, respectively).

On Tuesday, July 6 and Wednesday, OPEC+ will be convening for technical meetings to review the oil market, in preparation for the “official meeting” via videoconference on Thursday of the full OPEC+. It is during this meeting that they will formalize their decision on production levels.

 

Who is OPEC Plus?

The Organization of the Petroleum Exporting Countries Plus (OPEC+) is a loosely affiliated body consisting of a cartel of 13 OPEC members along with 10 non-OPEC large oil-producing nations.

The objective of OPEC+ is to orchestrate world oil production so as to target price levels.

 

Wild Card is OPEC+ Doesn’t Increase

Although the cartel sees that oil consumption is rising and expected to continue throughout the year, there’s another “wrinkle” that might alter the expected decision to roll back previous output reductions. The wrinkle is Iran. The U.S. and Iran have been engaging indirectly to move toward restoring the 2015 nuclear deal. This arrangement had been aimed at limiting Iran’s military-focused nuclear development. It may be that the final agreement includes guidance in case the Iran talks advance and cause the U.S. to lift sanctions that had been imposed during the Spring of 2018. This would allow Iran to increase its oil sales.

The probability of the U.S. / Iran restoring the nuclear deal and lifting oil sanctions has been complicated by the recent election of a more conservative Iranian President.

 

Take-Away

Any agreed upon OPEC+ production increase is likely to impact long-term oil prices that remain high. Current global economic growth, barring a renewed shutdown, may be absorbed just as easily as the increases decided upon earlier this year. Oil markets and the related oil company and alternative fuel stocks may still get a jolt late next week as traders will watch closely and react to perceptions of where they believe this takes us.

 

Virtual Roadshow Replay with Indonesia Energy President Frank Ingriselli

This Virtual Road Show Replay features a formal corporate presentation from Indonesia Energy President Frank Ingriselli. Afterward, he is joined by Noble Capital Markets Senior Research Analyst Michael Heim for a Q & A session featuring questions asked by the live audience throughout the event. Watch the replay, and get Noble’s research on INDO, as well as news and advanced market data at the link below.

View the Replay  |  View All Upcoming Road Shows

 

Suggested Reading:

The US Has Solidified Its Support for Battery Technology

Official US Price and Inventory Oil Forecast for the Second Half of 2021



Investment Opportunities in Hydrogen

The Bill Gates / Warren Buffett Natrium Reactor Risks and Benefits

 

Sources:

https://www.iea.org/reports/oil-market-report-june-2021

https://www.marketwatch.com/story/why-irans-presidential-election-is-the-most-important-political-milestone-of-2021-for-the-global-oil-market-11623703192

https://www.opec.org/opec_web/en/311.htm

https://www.marketwatch.com/story/eia-reports-a-nearly-8-million-barrel-decline-in-us-crude-supplies-2021-06-23

https://en.wikipedia.org/wiki/United_States_withdrawal_from_the_Joint_Comprehensive_Plan_of_Action

 

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Virtual Roadshow with Indonesia Energy (INDO) President Frank Ingriselli

Posted on by Admin

Indonesia Energy President Frank Ingriselli makes a formal corporate presentation. Afterwards, he is joined by Noble Capital Markets Senior Research Analyst Michael Heim for a Q & A session featuring questions asked by the live audience throughout the event.

Research, News, and Advanced Market Data on INDO


Information on upcoming live virtual roadshows

About Indonesia Energy Corporation Limited

Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC’s principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (1,000,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.

Release – Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil And Gas Customer

Posted on by Admin

 


Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil & Gas Customer

 

VAN NUYS, CA / ACCESSWIRE / June 28, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today it would be providing two C600S microturbine systems and one C800S microturbine system in support of several oil and gas projects in Australia. All three systems are expected to be delivered between June to December 2021. The order, secured by Capstone’s Australian distributor, Optimal Group, aims to provide the customer with greater energy efficiency, reduced emissions, and increased power security.

The units will be installed at multiple locations and will use high-pressure natural gas. The dual-mode turbines will be operating in a standalone configuration, supplying all of the site’s electrical demand. Capstone’s Power Sync Master Controller, which supports on-site controls and integration with the end-use customer’s facilities, further increases the reliability and availability of the C600S and C800S systems through its unique “self-healing” Ethernet ring, which eliminates single points of failure in its control network.

Facing growing pressure to address climate change, oil and gas companies are pledging to prepare for a low-carbon or “lower-carbon” future. For many, that involves investing in new technologies and infrastructure that can support new, greener ways of generating electricity. These are the key areas in which Capstone Green Energy has built its business and where it continues to innovate.

“For many years, Capstone has been an innovative energy partner to the oil and gas industry,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “As the oil and gas industry moves toward a more environmentally-friendly future, we are providing solutions that go beyond emissions reduction, often strengthening power reliability and improving the bottom line,” added Mr. Jamison.

“We are increasingly finding that customers who need reliable power to operate remote and off-grid facilities are recognizing the inherent benefits of Capstone’s unique microturbine-based energy solutions,” said Kane Ravenscroft, Sales Director for Optimal Group. “The modularity built into Capstone’s C600S and C800S systems, with multiple, independent turbine modules in a single package, provides the availability and uptime that these customers need to maintain production. Coupling this with the ability of each turbine to operate from a zero load to 100% load, or switch off, based on changing site demands, delivers the load control, emissions reductions and optimal efficiency mix that is not available with other technologies,” concluded Mr. Ravenscroft.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil & Gas Customer

Posted on by Admin

 


Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil & Gas Customer

 

VAN NUYS, CA / ACCESSWIRE / June 28, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today it would be providing two C600S microturbine systems and one C800S microturbine system in support of several oil and gas projects in Australia. All three systems are expected to be delivered between June to December 2021. The order, secured by Capstone’s Australian distributor, Optimal Group, aims to provide the customer with greater energy efficiency, reduced emissions, and increased power security.

The units will be installed at multiple locations and will use high-pressure natural gas. The dual-mode turbines will be operating in a standalone configuration, supplying all of the site’s electrical demand. Capstone’s Power Sync Master Controller, which supports on-site controls and integration with the end-use customer’s facilities, further increases the reliability and availability of the C600S and C800S systems through its unique “self-healing” Ethernet ring, which eliminates single points of failure in its control network.

Facing growing pressure to address climate change, oil and gas companies are pledging to prepare for a low-carbon or “lower-carbon” future. For many, that involves investing in new technologies and infrastructure that can support new, greener ways of generating electricity. These are the key areas in which Capstone Green Energy has built its business and where it continues to innovate.

“For many years, Capstone has been an innovative energy partner to the oil and gas industry,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “As the oil and gas industry moves toward a more environmentally-friendly future, we are providing solutions that go beyond emissions reduction, often strengthening power reliability and improving the bottom line,” added Mr. Jamison.

“We are increasingly finding that customers who need reliable power to operate remote and off-grid facilities are recognizing the inherent benefits of Capstone’s unique microturbine-based energy solutions,” said Kane Ravenscroft, Sales Director for Optimal Group. “The modularity built into Capstone’s C600S and C800S systems, with multiple, independent turbine modules in a single package, provides the availability and uptime that these customers need to maintain production. Coupling this with the ability of each turbine to operate from a zero load to 100% load, or switch off, based on changing site demands, delivers the load control, emissions reductions and optimal efficiency mix that is not available with other technologies,” concluded Mr. Ravenscroft.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

Release – Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series

Posted on by Admin

 


Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series

 

Live Virtual Presentation on Monday, June 28, 2021 at 1:00 pm ET

VAN NUYS, CA / ACCESSWIRE / June 24, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) (“Capstone” or the “Company”), a global partner in carbon reduction and on-site resilient green energy solutions today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for June 28, 2021.

The virtual road show will feature a corporate presentation from Capstone Green Energy Corporation Chief Executive Officer, Darren Jamison, followed by a question and answer session moderated by Noble Senior Research Analyst Michael Heim, alongside questions submitted by the live audience.

“Green energy is becoming more relevant in today’s worldwide business climate, and the Capstone Green Energy Direct Solution Sales Team and Global Distribution network partners look forward to becoming our customers’ trusted energy partners. We look forward to helping them reach their carbon reduction goals – all while providing resilient, low emission energy solutions that are not only good for their pocketbook, but good for the planet. During the Noble Virtual Roadshow webcast, I will take the opportunity to expand upon Capstone’s recent rebranding initiatives, and how we are providing green energy solutions for businesses in a new way,” said Darren Jamison, Capstone’s President and Chief Executive Officer.

The live broadcast of the virtual road show is scheduled for June 28, 2021 at 1:00 pm ET. Registration is free and open to all investors, at any level. Register Here.

Supporting presentation materials will be available on the day of the conference by visiting the Investor Relations section of the company’s website at www.capstonegreenenergy.com.

Noble’s research, as well as news and advanced market data on Capstone, is available on Channelchek.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports.

Email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984.

Email: contact@channelchek.com

About Capstone Green Energy
Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release, and the Company’s presentation and responses to questions at the Noble Capital Markets’ Virtual Road Show Series will contain, forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series

Posted on by Admin

 


Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series

 

Live Virtual Presentation on Monday, June 28, 2021 at 1:00 pm ET

VAN NUYS, CA / ACCESSWIRE / June 24, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) (“Capstone” or the “Company”), a global partner in carbon reduction and on-site resilient green energy solutions today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for June 28, 2021.

The virtual road show will feature a corporate presentation from Capstone Green Energy Corporation Chief Executive Officer, Darren Jamison, followed by a question and answer session moderated by Noble Senior Research Analyst Michael Heim, alongside questions submitted by the live audience.

“Green energy is becoming more relevant in today’s worldwide business climate, and the Capstone Green Energy Direct Solution Sales Team and Global Distribution network partners look forward to becoming our customers’ trusted energy partners. We look forward to helping them reach their carbon reduction goals – all while providing resilient, low emission energy solutions that are not only good for their pocketbook, but good for the planet. During the Noble Virtual Roadshow webcast, I will take the opportunity to expand upon Capstone’s recent rebranding initiatives, and how we are providing green energy solutions for businesses in a new way,” said Darren Jamison, Capstone’s President and Chief Executive Officer.

The live broadcast of the virtual road show is scheduled for June 28, 2021 at 1:00 pm ET. Registration is free and open to all investors, at any level. Register Here.

Supporting presentation materials will be available on the day of the conference by visiting the Investor Relations section of the company’s website at www.capstonegreenenergy.com.

Noble’s research, as well as news and advanced market data on Capstone, is available on Channelchek.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports.

Email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984.

Email: contact@channelchek.vercel.app

About Capstone Green Energy
Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release, and the Company’s presentation and responses to questions at the Noble Capital Markets’ Virtual Road Show Series will contain, forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

Indonesia Energy Corp (INDO) – Virtual Roadshow Highlights

Posted on by Admin

Friday, June 25, 2021

Indonesia Energy Corp (INDO)
Virtual Roadshow Highlights

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. It holds two oil and gas assets through its subsidiaries in Indonesia: one producing block (the Kruh Block) and one exploration block (the Citarum Block). The Kruh Block is located to the northwest of Pendopo, Pali, South Sumatra. The Citarum Block is located to the south of Jakarta.

Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Noble and Channelchek recently hosted a virtual roadshow featuring Frank Ingriselli, President of Indonesia Energy. In the presentation, Mr. Ingriselli gave an update on recent drilling activity and plans, updated expected well investment returns in light of higher oil prices, and discussed the firm’s financial position and financing options.

    First well result are in line with expectations.  INDO completed its first well in the Kruh block on June 4 and has begun perforation and flow measurement. Mr. Ingriselli indicated that the company expects to announce flow results in the next week or two but that the well is operating in line with expectations. Management has described a type curve for the field with an initial flow of around …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

enCore Energy Corp. (ENCUF)(EU:CA) – enCore announces PEA results for its New Mexico properties

Posted on by Admin

Friday, June 25, 2021

enCore Energy Corp. (ENCUF)(EU:CA)
enCore announces PEA results for its New Mexico properties

enCore Energy Corp together with its subsidiary, is engaged in the acquisition and exploration of resource properties. The company holds the Marquez project in New Mexico as well as the dominant land position in Arizona with additional other properties in Utah and Wyoming. The firm also owns or has access to North American and global uranium data including the Union Carbide, US Smelting and Refining, UV Industries, and Rancher’s Exploration databases in addition to a collection of geophysical data for the high-grade Northern Arizona Breccia Pipe District.

Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    enCore announced Preliminary Economic Assessment results for its recently-consolidated Juan Tafoya and Marquez projects in New Mexico. The assessment covers historical company assets and assets acquired in the Westwater Resources transaction of last year. As a reminder, these assets are long term in nature, and we do not expect the company to mine the projects in the near future. Instead, we expect management to focus on Texas operations including the reactivation of the Rosita production facility.

    The PEA reports a range of value of $20.9-$71.2 million.  The range assumes uranium yellowcake prices of $60-$70/lb. Internal return rates range from 17-39% and assume capital costs of $72 million and a 7% discount rate. All-in costs are estimated at $48/lb. As a reminder, current uranium spot prices are closer to $30/lb. and contracted prices are near $40/lb., well below the PEA’s assume prices …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.