Ocean Thermal Energy Corporation (CPWR) Stock

About Ocean Thermal Energy Corporation

Ocean Thermal Energy Corporation (OTEC), along with its various subsidiaries, operates internationally as a developer of projects centered on clean power generation, the creation of fresh water, and climate control systems. The company's core business involves designing and implementing sophisticated plants utilizing Ocean Thermal Energy Conversion (OTEC) technology, as well as Seawater and Lake Water Air Conditioning (SWAC/LWAC) systems. These installations are engineered to serve a diverse client base, including commercial enterprises, utility companies, and local governments. From these plants, OTEC provides essential resources: electricity, potable water for drinking and agricultural use, and desalinated water suitable for various applications, including fish farming and aquaculture. Furthermore, OTEC is actively engaged in developing and bringing to market EcoVillages – integrated communities designed to achieve social, economic, and ecological sustainability. The corporation maintains key strategic alliances, notably with DCO Energy, LLC. Established in 1998, Ocean Thermal Energy Corporation's main offices are situated in Lancaster, Pennsylvania.

Ocean Thermal Energy Corporation is headquartered in US.

Ocean Thermal Energy Corporation (CPWR) stock trades at $0.01 with a market capitalization of $1.33M. The stock is valued at a price-to-earnings (P/E) ratio of -0.10, price-to-book of -0.03, price-to-sales of 0.41. Over the past 52 weeks the stock has ranged between $0.00 and $0.02, and currently trades 50.0% below its 52-week high.

On profitability, Ocean Thermal Energy Corporation generates a return on equity (ROE) of 4.54%, return on capital employed of 1.56%, an operating margin of -24.76%, a net profit margin of -181.24%.

Official website: otecorporation.com