Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate in a cost-effective and environmentally sustainable manner. Fuel Tech is a leader in nitrogen oxide (NOx) reduction and particulate control technologies and its solutions have been in installed on over 1,200 utility, industrial and municipal units worldwide. The Company's FUEL CHEM® technology improves the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion and opacity. Water treatment technologies include DGI™ Dissolved Gas Infusion Systems which utilize a patented nozzle to deliver supersaturated oxygen solutions and other gas-water combinations to target process applications or environmental issues. This infusion process has a variety of applications in the water and wastewater industries, including remediation, aeration, biological treatment and wastewater odor management. Many of Fuel Tech's products and services rely heavily on the Company's exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software.

Company profile
Ticker
FTEK
Exchange
Website
CEO
Vincent J. Arnone
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
FUEL TECH N V
SEC CIK
Corporate docs
IRS number
205657551
FTEK stock data
News

Fuel Tech: Q2 Earnings Insights
10 Aug 22
Fuel Tech Q2 EPS $0.01 Beats $(0.03) Estimate, Sales $6.37M Beat $6.13M Estimate
10 Aug 22
Earnings Scheduled For August 10, 2022
10 Aug 22
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
20 Jul 22
12 Industrials Stocks Moving In Monday's Pre-Market Session
6 Jun 22
Investment data
Securities sold
Number of investors
Calendar
10 Aug 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M |
Cash burn (monthly) | 647.33K | 272K | 161.67K | 87.08K | 525K | 232.42K |
Cash used (since last report) | 940.47K | 395.17K | 234.87K | 126.52K | 762.74K | 337.66K |
Cash remaining | 32.36M | 32.9M | 33.06M | 33.17M | 32.54M | 32.96M |
Runway (months of cash) | 50.0 | 121.0 | 204.5 | 380.9 | 62.0 | 141.8 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Jun 22 | Ellen T Albrecht | RSU Common Stock | Grant | Acquire A | No | No | 0 | 75,758 | 0 | 75,758 |
2 Jun 22 | Dennis L Zeitler | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0 | 15,000 |
2 Jun 22 | William E Cummings JR | RSU Common Stock | Grant | Acquire A | No | No | 0 | 64,394 | 0 | 64,394 |
2 Jun 22 | Sharon L Jones | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0 | 15,000 |
2 Jun 22 | Douglas G Bailey | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0 | 15,000 |
Institutional ownership, Q1 2022
16.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 34 |
Opened positions | 2 |
Closed positions | 10 |
Increased positions | 8 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 7.88M |
Total shares | 5.09M |
Total puts | 0 |
Total calls | 111.7K |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Grace & White | 1.71M | $2.49M |
Renaissance Technologies | 841.02K | $1.22M |
Vanguard | 824.92K | $1.2M |
BLK Blackrock | 491.01K | $712K |
Geode Capital Management | 373.6K | $541K |
USB U.S. Bancorp. | 304.78K | $442K |
Marquette Asset Management | 126.08K | $183K |
STT State Street | 96.85K | $140K |
BAC Bank Of America | 67.61K | $98K |
NTRS Northern Trust | 40.16K | $58K |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
accretion, Agency, approved, classified, create, equivalent, exposure, Government, greater, hold, HTM, intent, ladder, milestone, minimizing, portion, premium, preserving, replaced, short, strategy, unforeseen
Removed:
achievement, commencing, comprised, deposit, discretion, doubtful, earn, entitled, generation, opportunity, Participating, pay, payment, power, President, reflected, RSU, separate, sheet
Financial reports
Current reports
8-K
Fuel Tech Reports 2022 Second Quarter Financial Results
10 Aug 22
8-K
Departure of Directors or Certain Officers
7 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
3 Jun 22
8-K
Fuel Tech Reports 2022 First Quarter Financial Results
10 May 22
8-K
Departure of Directors or Certain Officers
11 Apr 22
8-K
Fuel Tech Reports 2021 Fourth Quarter and Full Year Financial Results
8 Mar 22
8-K
Departure of Directors or Certain Officers
14 Dec 21
8-K
Fuel Tech Reports 2021 Third Quarter Financial Results
9 Nov 21
8-K
Regulation FD Disclosure
13 Sep 21
8-K
Fuel Tech Reports 2021 Second Quarter Financial Results
10 Aug 21
Registration and prospectus
424B3
Prospectus supplement
1 Apr 21
S-3/A
Shelf registration (amended)
26 Mar 21
S-3
Shelf registration
26 Feb 21
D
$40.82M in equity / options / securities to be acquired, sold $25.81M, 15 investors
26 Feb 21
S-8
Registration of securities for employees
28 Aug 18
S-8
Registration of securities for employees
8 Jan 15
S-8 POS
Registration of securities for employees (post-effective amendment)
8 Jan 15
SC TO-I/A
Issuer tender offer statement (amended)
29 Jun 11
SC TO-I
Issuer tender offer statement
31 May 11
SC TO-C
Information about tender offer
9 May 11
Other
EFFECT
Notice of effectiveness
1 Apr 21
CORRESP
Correspondence with SEC
28 Mar 21
CORRESP
Correspondence with SEC
14 Mar 21
UPLOAD
Letter from SEC
1 Mar 21
UPLOAD
Letter from SEC
22 Jul 10
UPLOAD
Letter from SEC
15 Jul 10
UPLOAD
Letter from SEC
22 Feb 10
CORRESP
Correspondence with SEC
25 Jan 10
CORRESP
Correspondence with SEC
15 Dec 09
UPLOAD
Letter from SEC
23 Nov 09
Ownership
4
FUEL TECH / VINCENT J ARNONE ownership change
6 Jun 22
4
FUEL TECH / DOUGLAS G BAILEY ownership change
6 Jun 22
4
FUEL TECH / William E Cummings JR ownership change
6 Jun 22
4
FUEL TECH / Sharon L Jones ownership change
6 Jun 22
4
FUEL TECH / DENNIS L ZEITLER ownership change
6 Jun 22
4
FUEL TECH / Ellen T Albrecht ownership change
6 Jun 22
4
FUEL TECH / VINCENT J ARNONE ownership change
19 May 22
SC 13G/A
FUEL TECH / RENAISSANCE TECHNOLOGIES ownership change
10 Feb 22
SC 13G
FUEL TECH / GRACE & WHITE ownership change
10 Jan 22
SC 13G
FUEL TECH / RENAISSANCE TECHNOLOGIES ownership change
10 Feb 21
Patents
Utility
Controlled, compact, on-demand ammonia gas generation process and apparatus
24 May 22
Disclosed are methods and compact apparatus for controlled, on-demand ammonia generation from urea.
Utility
Removing arsenic from water with acid-activated clay
17 May 22
The description relates to a composition and a method for reducing the concentration of arsenic in water.
Utility
Removal of selenium from water with kaolinite
17 May 22
The description relates to a composition and a method for reducing the concentration of selenium in water.
Utility
Gas Saturation of Liquids with Application to Dissolved Gas Flotation and Supplying Dissolved Gases to Downstream Processes and Water Treatment
16 Sep 21
The description relates to methods and apparatus that enable the efficient introduction of gases like air, oxygen and ozone into aqueous liquids.
Utility
Deposit control for a black liquor recovery boiler
18 May 21
Disclosed is a process for reducing slag in a black liquor recovery boiler, the process comprising: injecting and burning black liquor in a boiler by contacting it with primary air and secondary air; introducing a slag-reducing chemical into the gases above the injection locations through interlaced, tangential or concentric secondary, tertiary, and/or quarternary air ports.
Transcripts
2022 Q2
Earnings call transcript
11 Aug 22
2022 Q1
Earnings call transcript
11 May 22
2021 Q4
Earnings call transcript
9 Mar 22
2021 Q3
Earnings call transcript
10 Nov 21
2021 Q2
Earnings call transcript
11 Aug 21
2021 Q1
Earnings call transcript
13 May 21
2020 Q4
Earnings call transcript
16 Mar 21
2020 Q3
Earnings call transcript
11 Nov 20
2020 Q2
Earnings call transcript
12 Aug 20
2020 Q1
Earnings call transcript
13 May 20
Reddit threads
Daily Discussion Thread - August 10th, 2022
10 Aug 22
Daily Discussion Thread - August 9th, 2022
9 Aug 22
Pre-market summary - June 24th
24 Jun 22
Daily Discussion Thread - May 10th, 2022
10 May 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - March 8th, 2022
8 Mar 22
Daily Discussion Thread - March 7th, 2022
7 Mar 22
$FTEK That is music to my Ears! $5.3M In Orders! LFG This will scream Pre Market!!
22 Feb 22
$FTEK 289% Undervalue
15 Feb 22
Daily Discussion Thread - November 9th, 2021
9 Nov 21