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Last $0.05 USD
Change Today +0.0058 / 14.46%
Volume 646.2K
OOIL On Other Exchanges
As of 5:20 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

originclear inc (OOIL) Snapshot

Previous Close
Day High
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52 Week High
09/8/14 - $0.24
52 Week Low
07/1/15 - $0.03
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for ORIGINCLEAR INC (OOIL)

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originclear inc (OOIL) Details

OriginClear, Inc. provides water cleanup technology for the oil and gas, algae, and waste water management industries. Its patent-pending Electro Water Separation (EWS) process is used to harvest algae, intact and bacteria-free, without the primary use of chemicals; in a continuous process to remove oils, suspended solids, insoluble organics, and bacteria from produced and frac flowback water in well operations; and in cleaning up industrial, agricultural, and urban waste. The company also assembles and sells complete solutions based on EWS for algae harvesting under the Smart Algae Harvester name; and for oil and gas water cleanup under the OriginClear Petro name. In addition, OriginClear, Inc. licenses its technology to original equipment manufacturers, distributors, resellers, service providers, and other licensees. The company was formerly known as OriginOil, Inc. and changed its name to OriginClear, Inc. in April 2015. OriginClear, Inc. was founded in 2007 and is based in Los Angeles, California.

11 Employees
Last Reported Date: 03/31/15
Founded in 2007

originclear inc (OOIL) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $444.0K
Chief Operating Officer and Director
Total Annual Compensation: $104.2K
Compensation as of Fiscal Year 2014.

originclear inc (OOIL) Key Developments

OriginClear Inc. Enters Commercial Phase in China with First Customers

OriginClear Inc. announced that it has entered the Chinese commercial market with the first commercial customer in Hong Kong and an order for a research system from Nanjing University. Both systems sold in China employ OriginClear's Electro Water Separation(TM) process (EWS), a primarily non-chemical system that efficiently removes micro-algae, oils, suspended solids, pathogens, and other contaminants, from fresh or saline water. Nanjing University's Department of Environmental Engineering ordered a lab-scale EWS unit for research into treatment of oil wastewater and metal cutting fluid wastewater.

OriginClear Inc Executes Memorandum of Understanding with California State University, Bakersfield

OriginClear Inc. announced that the company executed a memorandum of understanding with California State University, Bakersfield. The MOU establishes a cooperative framework to research and validate OriginClear’s technology for application in agriculture and oil and gas operations and widen educational opportunities for CSU Bakersfield students. Both share the desire to develop and spread awareness of innovative water management technology. The MOU research projects will focus on evaluating OriginClear’s technology in the treatment of produced water for agricultural applications. CSU Bakersfield and OriginClear will also pursue joint research proposals for project funding, and publish results in appropriate venues.

OriginClear, Inc. and E3 Services and Solutions, LLC Team Up to Offer Disaster Water Recovery to SERVPRO Franchisees Nationwide

OriginClear, Inc. and E3 Services and Solutions, LLC have teamed up to form a joint venture intended to offer quick-response disaster water reclamation services to the SERVPRO network of 1800 franchisees in North America. OriginClear and E3 agreed to equal ownership of the JV. OriginClear will bring its technology expertise and resources, while E3 will contribute its industry relationships and marketing to the SERVPRO franchisee network. The JV intends to develop quick-response capabilities for franchisees through assets pre-positioned nationwide.


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Price/Sales 78.7x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 20.8x

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