This ExxonMobil Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Analysts downgraded Liquidia, Sigma Lithium, ExxonMobil, Ormat Technologies and Ethos Technologies, with updated or reduced price targets.
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Ormat Technologies (NYSE:ORA) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This content is powered by Benzinga APIs.
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Analysts downgraded Liquidia, Sigma Lithium, ExxonMobil, Ormat Technologies and Ethos Technologies, with updated or reduced price targets.
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.