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Stock Market & Financial Investment News

News Breaks
February 6, 2013
08:41 EDTCPSTCapstone Turbine receives follow-on order for 30 C65s from U.S. oil, gas company
Capstone Turbine announced that it continues to expand its presence in the Eagle Ford Shale Play with another follow-on order for 30 C65 microturbines from a U.S.-based oil and gas exploration and production company. The oil and gas exploration and production company's operations are located primarily in the U.S. with natural-gas exploration and production onshore in the lower 48 states, onshore in Alaska, and offshore in the deep waters of the Gulf of Mexico. This latest order brings their total C65 fleet to approximately 150 microturbines. Most of the C65 units were purchased by the oil and gas producer's production division and are utilized for lease automatic custody transfer units. In addition, the company's mid-stream division has previously purchased seven C600s and one C800 making the company one of the largest Capstone users in North America. Capstone distributor Horizon Power Systems secured this follow-on order to support the exploration and production company's growing power needs in the Eagle Ford shale play.
News For CPST From The Last 14 Days
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January 13, 2015
08:47 EDTCPSTCapstone Turbine secures order to upgrade building in Sydney
Capstone Turbine announced that it recently received an order for a C600 microturbine and a C800 microturbine to upgrade a major building in the Sydney Central Business District, or CBD. Optimal Group, Capstone's Australian distributor, secured the order, which is scheduled to be installed in June and is the first of many similar systems Optimal plans to install in the Sydney CBD.
January 12, 2015
10:00 EDTCPSTOn The Fly: Analyst Downgrade Summary
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08:23 EDTCPSTCapstone Turbine downgraded to Neutral from Buy at Roth Capital
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