In a report released today, Betty Jiang from Barclays maintained a Hold rating on NET Power (NPWR – Research Report), with a price target of $13.00. The company’s shares closed yesterday at $10.56.
Jiang covers the Energy sector, focusing on stocks such as APA, Chevron, and Conocophillips. According to TipRanks, Jiang has an average return of -2.4% and a 40.00% success rate on recommended stocks.
Currently, the analyst consensus on NET Power is a Hold with an average price target of $11.00.
Based on NET Power’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $65.56 million. In comparison, last year the company earned a revenue of $208 thousand and had a GAAP net loss of $13.77 million
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NET Power (NPWR) Company Description:
Rice Acquisition Corp II is a blank check company.
