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Ormat Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance.

Aug 6, 2026, 12:00 PMBenzinga Newsdesk

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Globenewswire IncSep 24, 2026, 8:40 PMNa
Ormat Selected for Approximately $35 Million in U.S. Department of Energy Funding to Advance EGS and Hydrothermal Development
Ormat Technologies has been selected by the U.S. Department of Energy for up to $35 million in funding to advance Enhanced Geothermal Systems (EGS) at its Dixie Valley, Nevada project ($25 million) and hydrothermal development at its Cove Fort, Utah project ($9.7 million). The projects will involve partnerships with SLB and the University of Utah to demonstrate engineered reservoirs and enhance understanding of geothermal resources.
SLB ORA
BenzingaSep 24, 2026, 8:41 PMBenzinga Newsdesk
Ormat Technologies Selected For Up To ~$35M In U.S. DOE Funding, In Partnership With SLB And The University Of Utah, For Nevada And Utah Geothermal Projects
Ormat Technologies Inc. (NYSE:ORA) ("Ormat" or the "Company"), a leading geothermal and renewable energy company, today announced that it has been selected by the U.S. Department of Energy
ORA SLB
BenzingaSep 9, 2026, 6:42 PMBenzinga Newsdesk
JP Morgan Maintains Neutral on Ormat Technologies, Raises Price Target to $131
JP Morgan analyst Mark Strouse maintains Ormat Technologies (NYSE:ORA) with a Neutral and raises the price target from $122 to $131.
ORA
BenzingaSep 9, 2026, 2:40 PMBenzinga Newsdesk
Oppenheimer Maintains Outperform on Ormat Technologies, Raises Price Target to $145
ORA