Last $13.13 USD
Change Today -0.59 / -4.30%
Volume 137.0K
HYGS On Other Exchanges
As of 4:00 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

hydrogenics corp (HYGS) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/11/14 - $35.52
52 Week Low
12/16/14 - $10.02
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for HYDROGENICS CORP (HYGS)

Related News

No related news articles were found.

hydrogenics corp (HYGS) Related Businessweek News

No Related Businessweek News Found

hydrogenics corp (HYGS) Details

Hydrogenics Corporation, together with its subsidiaries, designs, develops, and manufactures hydrogen generation products based on water electrolysis technology; and fuel cell products based on proton exchange membrane technology. It operates in two segments, OnSite Generation and Power Systems. The OnSite Generation segment develops products for industrial gas, hydrogen fueling, and renewable energy storage markets. It offers HySTAT Hydrogen Stations that supply on-site hydrogen for various hydrogen applications, including vehicle fueling, distributed power, and various industrial processes; and provides spare parts and services. This segment sells its products to merchant gas companies, end users, and oil and gas companies, as well as to electric power utilities. The Power Systems segment develops products for energy storage, stationary, and motive power applications. This segment offers HyPM Fuel Cell products comprising HyPM fuel cell power modules that produce direct current (DC) power in standard outputs of 2.5, 5, 8, 12, 16, 30, 90, 120, and 180 kW; and HyPX Fuel Cell Power Pack, which includes a standard HyPM power module integrated with hydrogen storage tanks and ultra capacitors to provide higher power in short bursts. Its HyPM Fuel Cell Products also consists of integrated fuel cell systems that are used for portable and stationary applications, including portable and auxiliary power units for military applications, and DC or DC backup power system for cellular tower sites, as well as provides engineering development services. This segment sells its products primarily to original equipment manufacturers, military, and aerospace sectors. The company markets its products through direct sales force and a network of distributors primarily in Europe, North America, Asia, South America, Africa, the Middle East, and Oceania. Hydrogenics Corporation was founded in 1988 and is headquartered in Mississauga, Canada.

140 Employees
Last Reported Date: 03/7/14
Founded in 1988

hydrogenics corp (HYGS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $427.2K
Founder, Chief Technology Officer, Director a...
Total Annual Compensation: $221.7K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: $222.9K
General Manager of OnSite Generation
Total Annual Compensation: $223.9K
Vice President of Sales and Marketing
Total Annual Compensation: $202.5K
Compensation as of Fiscal Year 2013.

hydrogenics corp (HYGS) Key Developments

Hydrogenics Corporation to Supply 1MW PEM Electrolyzer to European Consortium

Hydrogenics Corporation announced that it will supply a 1MW electrolyzer and provide engineering expertise to a consortium of companies working on the European project MefCO2 (methanol fuel from CO2) in Germany. The application will take excess electricity from intermittent renewable energy sources, generate green hydrogen, and then create methanol using a low-carbon footprint production plant and carbon dioxide emissions from an existing coal-fired power plant. The facility will capture carbon dioxide from the emissions of a coal-fired power plant in Essen, Germany owned by STEAG Gmbh, which operates a number of regional power plants and distributed energy facilities. Hydrogenics will provide a 1 MW electrolyzer that, powered by intermittent renewable energy, will produce 200 cubic meters of hydrogen per hour. The hydrogen and captured carbon dioxide will then be catalytically converted into methanol, a common chemical feedstock used in gasoline blending, for biodiesel production, and the manufacture of chemical derivatives. The MefCO2 consortium consists of Mitsubishi Hitachi Power Systems Europe, the Laboratory of Catalysis and Reaction Engineering of the National Institute of Chemistry Slovenia, the Cardiff Catalysis Institute, Carbon Recycling International, the University of Genoa, the University of Duisburg Essen, i-Deals, and Hydrogenics. The project has a budget of EUR 11 million and is partially funded by a grant from the EU Horizon2020 research program managed by the Spire public private partnership. The project will last three to four years and involves the design, building and testing of systems to demonstrate the utilization of surplus and intermittent renewable energy sources and waste CO2 for the production of methanol.

Hydrogenics Corporation Wins Contracts to Supply Two 700 Bar Hydrogen Fueling Stations

Hydrogenics Corporation announced that it has been awarded contracts to supply two 700 bar hydrogen fueling stations, one by Ontario CNG in California and another by Aberdeen City, Scotland. These wins bring to nine the total number of hydrogen station contracts secured during 2014, the vast majority of which will be shipped and recognized as revenue in 2015. In California, Hydrogenics partnered with station owner Ontario CNG, which was awarded a contract by the California Energy Commission to supply hydrogen fueling capability at an existing 76 fuel and electric charging location. The station will produce hydrogen without any carbon footprint by using Hydrogenics' electrolyzer and certified renewable electricity. In the United Kingdom, Hydrogenics was awarded a contract to supply a turnkey 350/700 bar hydrogen fueling station by Aberdeen City, in Scotland. The station is part of the Aberdeen City Hydrogen Energy Storage project and also includes a HyPM 10 kW fuel cell. Up to 130 kilograms of hydrogen per day will be produced on-site using the Company's HySTAT electrolyzer; Hydrogenics is also under contract to maintain the equipment for the first four years of operation. The UK ACHES project was partly funded by the European Regional Development Fund and the INTERREG North Sea Region Programme, with matched funding provided by Aberdeen City Council. The City of Aberdeen has put in place an H2 Aberdeen initiative which aims to bolster a hydrogen economy and stimulate innovative projects to position the area as a center of excellence for hydrogen technology.

Hydrogenics Corporation Provides Earnings Guidance for the Fourth Quarter of 2014

Hydrogenics Corporation provided earnings guidance for the fourth quarter of 2014. The company still expects to achieve positive Adjusted EBITDA in the fourth quarter, and the company is unable to reach planned target of exceeding $50 million in revenue and achieving break-even Adjusted EBITDA for 2014 as a whole.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HYGS:US $13.13 USD -0.59

HYGS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Crown Holdings Inc $53.14 USD +0.14
Jungheinrich AG €56.36 EUR +0.226
Komatsu Ltd ¥2,505 JPY +15.00
Air Liquide SA €117.75 EUR -0.35
NACCO Industries Inc $57.25 USD +1.40
View Industry Companies

Industry Analysis


Industry Average

Valuation HYGS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.4x
Price/Book 9.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.0x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HYDROGENICS CORP, please visit 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