Capstone Turbine Corp. (NASDAQ: CPST) keeps on delivering new orders. Now that the company is at the revenue stage, it keeps winning orders. After today’s close, the company announced that it has received an order for approximately $1.9 million from a multinational oil and gas company. The order is for Capstone’s C65 Class I Div 2 Microturbine systems for use in resource recovery applications on unmanned oil platforms.
As far as how this pertains to existing comparisons, Capstone generated $9.2 million in revenues last quarter. It also listed a backlog of some $13.1 million as of the end of 2007.
This is our favorite small cap alternative energy play, and we have been featuring this in our "10 Stocks Under $10" weekly letter since the stock was around $1.20. Capstone labels itself as the world’s leading clean technology manufacturer of microturbine energy systems. We noted long ago how Lazard Capital markets gave this one a $2.50 target. We feel this one has the potential og going up much more than that, and we keep this under our "under $10" screens daily.
Capstone shares closed down 1.2% in normal trading today, but shares are up some 3.8% to $1,63 in after-hours trading.
Jon C. Ogg
February 20, 2008
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
