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NRGV News and Press, Energy Vault Holdings Inc. From 05/16/22

Stock Information

Company Name: Energy Vault Holdings Inc.
Stock Symbol: NRGV
Market: NYSE
Website: energyvault.com

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NRGV - Energy Vault Reports First Quarter 2022 Earnings Results

First quarter 2022 revenue of $42.9 million, driven by the $50.0 million licensing and royalty agreement with Atlas Renewable. GAAP operating income of $20.8 million. GAAP net loss of $20.1 million impacted by one-time IPO transaction costs of $20.6 million and a non-c...

NRGV - Oil ekes out weekly gain but equities edge lower; gasoline futures hit record

U.S. benchmark oil closed Friday at its highest level since March 25, with an end-of-the-week surge that pushed WTI crude (CL1:COM) to a 0.7% weekly gain at $110.49/bbl. But the modest gain in the commodity was not enough to lift the S&P energy sector (NYSEARCA:XLE) into positive territor...

NRGV - Energy Vault and DG Fuels More than Double Size and Increase Scope of Initial Energy Storage Project to Support the Production of Green Hydrogen for Sustainable Aviation Fuel

First project site in Louisiana upsized and expanded to a potential of 1,168 MWh, which reflects a capacity increase versus previous scope of 500 MWh for behind-the-meter green hydrogen production Adds up to $217 million of potential project revenue to the previously announced...

NRGV - Boise Cascade among Energy/Material gainers; Nabors Industries and Centrus among losers

Gainers: Stabilis Solutions (SLNG) +13%. Boise Cascade (BCC) +7%. Losers: Energy Vault Holdings (NRGV) -25%. Indonesia Energy Corporation (INDO) -21%. Centrus Energy (LEU) -20%. Mesa Royalty (MTR) -19%. Nabors Industries (NBR) -17%. For further details see: Boise Cascade among...

NRGV - Energy Vault stock plunges 27% amid bearish session

Energy Vault (NRGV) stock tumbled 27% on Monday during a bearish day for the broader market. Shares of the energy storage solutions company opened at $11.75. The stock recently changed hands at $10.23, down 27%, at approximately 11:40 a.m. ET. Energy Vault went public on Feb. 11 through a mer...

NRGV - Energy Vault, Atlas Renewable and China Tianying Begin Construction of First Chinese Deployment of EVx(TM) Gravity-Based Energy Storage System

Construction underway since March 2022 for the first 100 MWh EVx system to support grid resiliency and delivery of renewable energy to the Chinese national grid Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable, grid-scale ener...

NRGV - Energy Vault and NTPC, India's Largest Power Utility, Sign MOU for Gravity-Based Energy Storage Technology

MOU governs the formalization of a long-term strategic partnership for the deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions to support NTPC’s clean energy transition Energy Vault Holdings, Inc. (NYSE: NRGV,...

NRGV - Energy Vault Schedules Conference Call to Discuss First Quarter 2022 Financial Results

Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the first quarter ended March 31, 2022 on Monday, May 16, 2022 followed by a conf...

NRGV - Energy Vault Announces Key Finance and Corporate Development Leadership Appointments

New executives strengthen the internal infrastructure build-out, enable operational excellence, and support execution of Energy Vault’s global growth strategy Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable, grid-scale...

NRGV - GFI, SMLP, BORR among top energy/material movers

Gainers: Zymergen (ZY) +10%, Summit Midstream Partners (SMLP) +9%, Lightwave Logic (LWLG) +8%, Cadiz (CDZI) +7%, New Found Gold (NFGC) +7%. Losers: Enservco ENSV -13%, Energy Vault (NRGV) -12%, Gold Fields (GFI) -10%, Borr Drilling (BORR) -10%, Houston American Energy...

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