Capstone Turbine Shares Rising After Ecopetrol Deal Announced
November 18 2019 - 10:45AM
Dow Jones News
By Stephen Nakrosis
Shares of Capstone Turbine Corp. (CPST) are trading higher on
the Nasdaq Monday, after the company said it secured a
"significant" project with Colombian state energy company Ecopetrol
SA (EC).
At 11:07 a.m. EST, Capstone shares had risen 18.68% to trade at
$3.05. Volume topped 367,000 shares, above the stock's 65-day
average volume of 136,270. Year to date, shares of the mocriturbine
manufacturer are down 49%.
Before the bell Monday, Capstone said it "secured its first-ever
flare gas project in Colombia with Ecopetrol." The company said the
1-MW project is slated to be commissioned by the end of the
year.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 18, 2019 11:30 ET (16:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Ecopetrol (NYSE:EC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ecopetrol (NYSE:EC)
Historical Stock Chart
From Apr 2023 to Apr 2024