Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $2.07 USD
Change Today +0.04 / 1.97%
Volume 68.8K
FTEK On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

fuel tech inc (FTEK) Snapshot

Open
$2.07
Previous Close
$2.03
Day High
$2.08
Day Low
$1.99
52 Week High
09/9/14 - $4.72
52 Week Low
07/30/15 - $1.76
Market Cap
48.0M
Average Volume 10 Days
51.7K
EPS TTM
$-0.16
Shares Outstanding
23.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FUEL TECH INC (FTEK)

Related News

No related news articles were found.

fuel tech inc (FTEK) Related Businessweek News

No Related Businessweek News Found

fuel tech inc (FTEK) Details

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates in two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment reduces nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by utilizing low and ultra low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction (SCR) systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; and ammonia injection grid and graduated straightening grid systems. The FUEL CHEM Technology segment improves the efficiency, reliability, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), carbon dioxide, and unburned carbon in fly ash through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, university, and district heating markets, as well as to the owners of boilers, furnaces, and other combustion units. The company was founded in 1987 and is headquartered in Warrenville, Illinois.

198 Employees
Last Reported Date: 03/16/15
Founded in 1987

fuel tech inc (FTEK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $345.0K
Executive Chairman
Total Annual Compensation: $450.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $290.0K
Senior Vice President of Fuel Conversion Mark...
Total Annual Compensation: $335.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $265.0K
Compensation as of Fiscal Year 2014.

fuel tech inc (FTEK) Key Developments

Fuel-Tech, Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Second Half and Year of 2015

Fuel-Tech, Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $18.7 million compared to $20.2 million a year ago. This decline reflected slower U.S and foreign activity within its air pollution control technology segment, including an anticipated reduction in activity from a large project in chile that is nearing completion, as well as lower revenues from its fuel chem business segment. Net loss was $1.4 million, or $0.06 per diluted share, compared to net loss of $0.7 million, or $0.03 per diluted share a year ago. Operating loss was $2.2 million as compared to an operating loss of $0.7 million in second quarter of 2014. Net loss was $1.4 million, or $0.06 per diluted share, compared to net loss of $0.7 million, or $0.03 per diluted share in the same period last year. Loss before income taxes was $2,307,000 against $738,000 a year ago. Adjusted LBITDA was $682,000 against adjusted EBITDA of $742,000 a year ago. LBITDA was $1,243,000 against $59,000 a year ago. For the six months, revenues were $33.8 million as compared to $38.9 million in 2014. Operating loss was $4.7 million as compared to $1.8 million in 2014. Net loss was $3.0 million, or $0.13 per diluted share, compared to net loss of $1.8 million, or $0.08 per diluted share in the same period last year. Loss before income taxes was $4,832,000 against $1,923,000 a year ago. Net cash used in operating activities was $1,307,000 against $1,911,000 a year ago. Purchases of property, equipment and patents were $383,000 against $1,193,000 a year ago. Adjusted LBITDA was $1,845,000 against adjusted EBITDA of $699,000 a year ago. LBITDA was $2,678,000 against $526,000 a year ago. The company currently expected full year results for 2015 to show improvement over 2014. For the full year 2015, the company expects effective tax rate to approximate 38.5%. The company expects to continue to generate cash from operating activities throughout the remainder of 2015. The company expects to see gross margin for the remainder of 2015 range between 48% to 52%, which is consistent with previous guidance.

Fuel Tech Wins Air Pollution Control Orders Totaling $4.7 Million

Fuel Tech, Inc. announced the receipt of multiple air pollution control (APC) contracts from customers in the US, Europe and China. These awards have an aggregate value of approximately $4.7 million. The first US order is for engineering and long-lead equipment for an Electrostatic Precipitator (ESP) retrofit on a Midwestern coal-fired unit. Preliminary engineering is scheduled to complete in the third quarter of 2015. The project is designed to improve the performance of the plant to meet the Environmental Protection Agency's upcoming Mercury and Air Toxics Standards (MATS) for particulate emissions. The plant will utilize dry sorbent injection and activated carbon injection to control acid gas and mercury emissions. The ESP upgrades are scheduled to complete in the second quarter of 2016 and, when implemented, will capture the fly ash and sorbents. Two additional US contracts were received for ESP equipment and optimization services for utility boilers in the Midwest, with deliveries scheduled for the third quarter of 2015. In addition, a US order for upgrades to an existing Selective Catalytic Reduction (SCR) system was received for an industrial gas-fired boiler. These upgrades are designed to optimize performance and reliability for SCR performance, with delivery scheduled for the third quarter of 2015.

Fuel-Tech, Inc. to Report Q2, 2015 Results on Aug 10, 2015

Fuel-Tech, Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 10, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FTEK:US $2.07 USD +0.04

FTEK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Advanced Emissions Solutions Inc $8.90 USD -0.05
Alstom SA €27.31 EUR +0.23
America Greener Technologies Inc $0.46 USD 0.00
CECO Environmental Corp $9.48 USD +0.23
Johnson Matthey PLC 2,675 GBp +102.00
View Industry Companies
 

Industry Analysis

FTEK

Industry Average

Valuation FTEK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FUEL TECH INC, please visit www.ftek.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.