Showing posts with label TTEK. Show all posts
Showing posts with label TTEK. Show all posts

Monday, September 05, 2016

A Thirst for Desalination Stocks

Salt Island Mono Lake
Availability of water is a major concern for all the states in the southwest, after going through a major drought. But it is not just a problem in the US; water scarcity is a problem for many countries around the world, especially in the Middle East. Water desalination, also referred to as desalinization and desalinisation, could be one of the leading industries in the next decade. It is the process of filtering out salt and other mineral from salt water so that it can be used for human consumption.
Some major companies, such as Siemens (SI) and General Electric (GE) have water desalination divisions that are only a small part of their businesses, but there are other companies which are more of a desalination pure play.
According to our list of water purification and desalination stocks here, there are over a dozen companies involved in the treatment of water, and several of them have specifically targeted desalination.
Consolidated Water Co. Ltd (CWCO) is one of the purer plays in the sector. It operates seawater desalination plants and other water services in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda, using reverse osmosis technology to convert seawater to drinkable water. The stock trades at 24 times trailing earnings and 19 times forward earnings. The company pays a decent yield of 2.4%. It has been paying quarterly dividends since 1996.
Tetra Tech (TTEK) designs and builds desalination systems that use seawater, brackish water, and reclaimed wastewater sources to help increase water supply, and has been designing desalination plants in Florida since the 1990s. It also designed the first California desalination plant, the Corona Temescal Desalter. The stock has a forward price to earnings ratio of 17, and sports a yield of 0.9%. The company has increased its dividend every year during the last three years.
To see an Excel list of all the stocks involved in desalination and purification, which can be downloaded, sorted, and updated, go here.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com

Thursday, April 09, 2015

Top Desalination Stocks: The Desalinization Companies are Poised to Move

Whether you call it desalination, desalinization, or desalinisation, they all mean the same thing: removing salt from salt water, in order to produce fresh water for consumption or irrigation. The important fact though is the fact that this process is becoming more important in California and other southwestern states.

The news on the California drought has been continuous and scary. California Governor Jerry Brown declared a Drought State of Emergency back in January. The Los Angeles Times recently ran an article entitled California faces 'Dust Bowl'-like conditions amid drought.

So how to deal with the drought other than importing icebergs from Alaska? Many scientists believe that desalination may be the best way to go. Fortunately, there are several companies that are involved in the desalinization business, according to the free list of water desalination stocks at WallStreetNewsNetwork.com.

One example is Consolidated Water Co. Ltd. (CWCO), which develops and operates seawater desalination plants in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands, and Indonesia, using reverse osmosis technology to produce fresh water from seawater. The company has been in business since 1973. The stock trades at 29 times trailing earnings and 19 times forward earnings. The company will be reporting its latest quarterly earnings between May 11 and May 15. The stock sports a generous yield of 2.7%.

Tetra Tech Inc. (TTEK) is in the business of providing consulting, engineering, and technical services for the water sector. The company is building a large Desalination Plant in San Antonio, Texas, which is expected to produce 12 million gallons per day of water when the plant opens in 2016. The company is also working on a 10-mile-long conveyance pipeline for the Carlsbad Seawater Desalination Project in California, which will provide a new supply of fresh drinking water to San Diego County.

In addition, Tetra Tech is using membrane technology to tap into alternative water supplies, converting brackish water into drinking water. The stock has a price to earnings ratio of 15 and a forward PE of 13. The company will be announcing earnings between April 28 and May 4. The yield on the stock is 1.2%.

Veolia Environnement S.A. (VEOEY) is a Paris, France company involved in water management. The company has been in business for over 150 years. Veolia has built more than 1,700 reverse osmosis desalination plants and systems in 85 countries during the last forty years. The plants produce more than 5.7 million cubic meters per day of fresh water. The stock trades at 55 times trailing earnings.

If you want a list of water desalination stocks , go to WallStreetNewsNetwork.com. Hopefully, these stocks will get fresh water flowing and profits flowing in your portfolio.

Disclosure: Author didn't own any of the above at the time the article was written. 

By Stockerblog.com

Tuesday, March 29, 2011

Top Water Purification and Desalination Stocks


Radioactive substances leaking into the Japanese water supply has drawn attention to water in general. According to a study published in the Proceedings of the National Academy of Sciences Water, almost a billion people will not have enough water by the year 2050. This is causing investors to look at desalination, also referred to as desalinization and desalinisation, which could be one of the leading industries in the next decade, along with water purification. Some major companies, such as Siemens (SI) and General Electric (GE) have water desalination divisions that make up a small part of their businesses, but there are other companies which are more of a pure play in the industry.

According to the list of water purification and desalination stocks at WallStreetNewsNetwork.com, there are over twenty companies involved in the treatment of water, and a dozen paying yields above 1%.

Consolidated Water Co. Ltd (CWCO) is one of the purest plays in the sector. It operates seawater desalination plants and other water services in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda, using reverse osmosis technology to convert seawater to drinkable water. The stock trades at 17 times forward earnings and pays a decent yield of 2.8%. The company has raised its dividend in eight of the last ten years.

Tetra Tech (TTEK) designs and builds desalination systems that use seawater, brackish water, and reclaimed wastewater sources to help increase water supply, and has been designing desalination plants in Florida since the 1990s. It also designed the first California desalination plant, the Corona Temescal Desalter. The stock trades at 15 times forward earnings. Earnings for the latest quarter were up 19% year over year.

To access a free list of all the stocks involved in desalination and purification, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.


By Stockerblog.com

Saturday, November 27, 2010

Water Desalination Stocks


As a resident of California, I am very aware of the issues and political football called water rights. Access to water is a topic of concern for all the states in the southwest. But it is not just a United States issue, water scarcity is a problem for countries around the world, especially in the Middle East. Water desalination, also referred to as desalinization and desalinisation, could be one of the leading industries in the next decade. Some major companies, such as Siemens (SI) and General Electric (GE) have water desalination divisions that make up a small part of their businesses, but there are other companies which are more of a pure play in the industry.

According to the list of water purification and desalination stocks at WallStreetNewsNetwork.com, there are over twenty companies involved in the treatment of water, and several of them have specifically targeted desalination.

Consolidated Water Co. Ltd (CWCO) is one of the purest plays in the sector. It operates seawater desalination plants and other water services in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda, using reverse osmosis technology to convert seawater to drinkable water. The stock trades at 17 times forward earnings and provides a nice yield of 3.2%. The company has raised its dividend in eight of the last ten years.

Tetra Tech (TTEK) designs and builds desalination systems that use seawater, brackish water, and reclaimed wastewater sources to help increase water supply, and has been designing desalination plants in Florida since the 1990s. It also designed the first California desalination plant, the Corona Temescal Desalter. The stock has a forward price to earnings ratio of 15.

To see an Excel list of all the stocks involved in desalination and purification, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.


By Stockerblog.com