FormerXBC Inc XEBEQ

Utilities Utilities - Regulated Electric

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

GREY:XEBEQ - Post by User

FormerXBC Inc

<< Previous

Bullboard Posts

Next >>

Post by Ciaoon Mar 28, 2022 11:01pm

188 Views

Post# 34554143

UEC is a steal

Purchased for $10M CDN (analysts had expected a US plant would cost them $40M), their compression capability and expertise just landed XBC a $126M contract for carbon capture. That contract to be fulfilled in 1.5 years, is approx. $85M a year.Each unit is approx. $2.5M CDN and undoubtedly will provide service contracts.

Did a GOOLGE and Summit Carbon Solutions is funded by an oil and gas giant Continental Resources, a $23B USD company.

https://www.prnewswire.com/news-releases/summit-carbon-solutions-announces-strategic-investment-from-continental-resources-to-create-largest-of-its-kind-carbon-capture-and-sequestration-project-301493487.html

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season