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Westport Fuel Systems Inc WPRT


Primary Symbol: T.WPRT

Industrials
Westport Fuel Systems Inc. is a global company focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its segments include Light-Duty, High-Pressure Controls & Systems, Heavy-Duty OEM, Corporate, and HPDI joint venture (JV). Light-Duty segment manufactures liquified petroleum gas (LPG) and compressed natural gas (CNG) fuel storage solutions and supplies fuel storage tanks to the aftermarket, original equipment manufacturer (OEM), and other market segments across a range of brands. High Pressure Controls & Systems segment designs, develops, produces and sells components for transportation and industrial applications. Heavy-Duty OEM segment provides transitional services. The HPDI JV sells systems and components, including LNG HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fuel systems and associated components control the pressure and flow of alternative fuels.


TSX:WPRT - Post by User

Westport Fuel Systems Inc > Time to buy?
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Comment by gasoholicon Nov 23, 2021 4:15pm
385 Views
Post# 34158814

RE:Time to buy?

RE:Time to buy?Westport needs for natural gas to be cheaper than diesel on an energy basis. This was happening in N.America between 2006 when the shale boom started and 2014 when the shale boom was so successful it forced oil prices doiwn. This was when WPT went up to almost 50. While natgas prices were depressed an LNG industry was developed in the US to export the extra natgas overseas where natgas prices were much higher. No cheap natgas anytime soon.

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