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Last C$6.82 CAD
Change Today +0.15 / 2.25%
Volume 39.0K
WPT On Other Exchanges
Symbol
Exchange
NASDAQ GS
Toronto
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As of 4:00 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

westport innovations inc (WPT) Snapshot

Open
C$6.70
Previous Close
C$6.67
Day High
C$6.94
Day Low
C$6.55
52 Week High
07/14/14 - C$20.32
52 Week Low
01/19/15 - C$3.82
Market Cap
439.2M
Average Volume 10 Days
57.6K
EPS TTM
C$-1.70
Shares Outstanding
64.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WESTPORT INNOVATIONS INC (WPT)

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westport innovations inc (WPT) Details

Westport Innovations Inc. provides low-emission engine and fuel system technologies utilizing gaseous fuels. The company’s technology and products enable light, medium, heavy-duty, and high horsepower petroleum-based fuel engines and vehicles to use primarily natural gas and alternative fuels. It designs, manufactures, and sells compressed natural gas, liquefied petroleum gas, and liquefied natural gas (LNG) components and subsystems to original equipment manufacturers. The company also designs and manufactures a range of components, such as pressure regulators, injectors, electronic control units, valves, and filters; sells monofuel, bi-fuel, and dual-fuel diesel blend conversion kits; and offers engine management systems and solutions. In addition, it engineers, designs, assembles, and sells natural gas engine and vehicle systems for automotive, light commercial, and trucking applications; and provides aftermarket conversion products, alternative fuel systems, and application engineering services. Further, the company offers LNG products for fuel in large and off-road engine applications, including rail, mining, marine, and oil and gas; industrial engines for material handling; and products for forklift and oilfield applications. Additionally, it provides engines for use in transit, school and shuttle buses, conventional trucks and tractors, and refuse collection trucks, as well as specialty vehicles, such as short-haul port drayage trucks and street sweepers; and develops, manufactures, and sells alternative fuel engines and parts that are used in city bus, coach, and heavy-duty truck applications. The company was founded in 1995 and is headquartered in Vancouver, Canada.

799 Employees
Last Reported Date: 03/9/15
Founded in 1995

westport innovations inc (WPT) Top Compensated Officers

Founder, Chief Executive Officer, Director, M...
Total Annual Compensation: $633.6K
President and Chief Operating Officer
Total Annual Compensation: $497.8K
Chief Financial Officer and Member of Disclos...
Total Annual Compensation: $368.5K
Executive Vice President of Heavy Duty Engine...
Total Annual Compensation: $294.2K
Executive Vice President of Applied Technolog...
Total Annual Compensation: $129.7K
Compensation as of Fiscal Year 2014.

westport innovations inc (WPT) Key Developments

Westport Innovations Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reiterates Revenue Guidance for the Year Ending December 31, 2015

Westport Innovations Inc. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported consolidated revenues of $28.0 million against $39.9 million a year ago. The 30% decrease is primarily due to a $4.6 million unfavorable impact of foreign currency translation from the Euro to the US dollar equivalent. Consolidated adjusted EBITDA loss was $9.2 million against $22.1 million a year ago. Net loss was $17.2 million against $23.9 million a year ago. Net loss per share was $0.27 against $0.38 a year ago. The improvement in net loss was primarily due to increased income in CWI and a significant reduction in the operational expenses. Cash used in operations, excluding changes in working capital plus dividends received from the joint ventures, was $9.6 million compared with $33.4 million for the quarter ended December 2014, a sequential improvement of over 70%. The company is reiterating its revenue outlook and expects consolidated revenue from Westport Operations and Corporate & Technology Investments to be between $110 million and $125 million for the year ending December 31, 2015.

Westport Innovations Inc. Unveils the ISB6.7 G, A 6.7 Liter Medium-Duty

At the opening reception at ACT Expo in Dallas, TX, Cummins Westport Inc. will unveil the ISB6.7 G, a 6.7 liter medium-duty, factory built dedicated natural gas engine for school bus, shuttle bus, medium duty truck and vocational applications. The new ISB6.7 G is currently in field trials with full production expected to commence in mid 2016. The ISB6.7 G natural gas engine is based on the Cummins ISB6.7 diesel engine platform, the industry leader in Cummins medium duty engine family. The ISB6.7 G will operate exclusively on natural gas (CNG or LNG) utilizing Cummins Westport's proprietary spark-ignited, stoichiometric combustion with cooled exhaust gas recirculation (SEGR) technology, first introduced with the 8.9 liter ISL G. The ISB6.7 G features three-way catalyst aftertreatment, which is packaged as a muffler and is maintenance- free. No diesel particulate filter or selective catalytic reduction aftertreatment will be required. Preliminary specifications include a range of ratings to 260 hp and 660 lb-ft torque and automatic transmission capability to meet customer and original equipment manufacturer requirements. The ISB6.7 G will be manufactured in Cummins' medium-duty engine plant in Rocky Mount, North Carolina. The ISB6.7 G is expected to be certified at launch to meet the U.S. Environmental Protection Agency and California Air Resources Board emission standards of 0.20 g/bhp-hr NOx and 0.01 g/bhp-hr PM and 2016 U.S. greenhouse gas and fuel economy regulations. Partial funding in support of the ISB6.7 G engine development has been received from California Energy Commission through its Public Interest Energy Research (PIER) Program in conjunction with the Gas Technology Institute.

Ford Debuts 2016 F-150 with Westport WiNG™ Power System

Westport Innovations Inc. plans to offer 2016 Ford F-150 trucks for use with the compressed natural gas (CNG) Westport WiNG™ Power System, and certify to EPA and CARB standards. The first 2016 F-150 featuring the Westport WiNG™ Power System will be unveiled on May 5, 2015 at the Alternative Clean Transportation (ACT) Expo in Dallas, Texas, and is expected to be available for order this summer. The vehicle will be on display in the Ford booth at ACT Expo from May 5 to 7. As one of Ford's large qualified vehicle modifiers, Westport is offering the 2016 Ford F-150 as a dedicated or bi-fuel CNG Westport WiNG™ Power System vehicle. Designed to transport passengers and cargo, the 2016 Ford F-150 offers a 5.0-liter gaseous prep engine with improved emissions compared to gasoline. Dedicated and bi-fuel options will give fleets more fuel flexibility. The 2016 F-150 will be a smart choice for those wanting the advantages of a pickup truck that is lighter than previous-generation F-150s. The new aluminum alloy body introduced on the 2015 F-150 reduces the weight of the truck by as much as 700 lbs. The Ford F-150 pickup truck is available with a 17 gasoline gallon equivalent (GGE) or 23 GGE tank. Westport engineers are currently evaluating underbody tank options as well. The existing Ford OEM warranty remains intact.

 

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WPT Competitors

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Company Last Change
Balqon Corp $0.10 USD 0.00
Fuel Systems Solutions Inc $8.33 USD +0.18
Landi Renzo SpA €1.01 EUR -0.008
Power Solutions International Inc $53.03 USD +0.86
UQM Technologies Inc $0.91 USD -0.088
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Price/Earnings NM Not Meaningful
Price/Sales 2.9x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.7x
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