NET Power Inc. is a clean energy technology company. The Company invents, develops, and licenses clean power generation technology. Its technology provides natural gas power with life cycle emissions that are 90% below combined cycle natural gas systems and in line with renewables coupled with batteries. Its technology captures over 97% of carbon dioxide (CO2) emissions from power generation. The Company works by combusting natural gas with pure oxygen in a combustor, producing CO2 and water. It mixes this with recirculated CO2 and uses it to spin a turboexpander, producing power. When the turboexpander exhaust cools, water and byproducts are removed. Its projects include First Utility- Scale Project and La Porte Test Facility. The First Utility- Scale Project is in the Permian West Texas, which captures approximately 860000 tons of CO2 per year.
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Latest Earnings Missed Consensus (Q2 ending 06/2023) | Next Earnings Announcement | ||||||
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Q2 Non-GAAP earnings GAAP vs. Non-GAAP EarningsTD Ameritrade displays two types of stock earnings numbers, which are calculated differently and may report different values for the same period. GAAP earnings are the official numbers reported by a company, and non-GAAP earnings are adjusted to be more readable in earnings history and forecasts. Announced August 14, 2023 | -$0.74 | Q2 Consensus of 2 analysts | -$0.08 | Difference from consensus | -825.00% | Q3 Earnings will announce | (Unconfirmed) November 13, 2023 |
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NPWR's fiscal year ends in December
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