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Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:33 EDTAGXArgan reports Q1 EPS 24c, one estimate 16c
Reports Q1 revenue $51.2M, one estimate $56.23M. The company said, "Gemmas performance on the initial phases of the two gas fired power plants being constructed in Pennsylvania has been excellent. Despite adverse winter weather conditions, we are pleased with the progress made to date. Construction activity will increase significantly over the next several quarters.
News For AGX From The Last 14 Days
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August 20, 2015
16:04 EDTAGXArgan enters into EPC agreements with NTE Energy for $550M
Argan's wholly owned subsidiary, Gemma Power Systems, has entered into two separate Engineering, Procurement and Construction Services contracts with NTE Ohio and NTE Carolinas, each affiliates of NTE Energy, and has received interim notices to proceed to commence early activities for the engineering, procurement and construction of two 475 MW state-of-the-art, combined cycle natural gas-fired power plants. The combined value of both contracts is approximately $550M and both projects have expected completion dates in the spring of 2018.

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