Energy Recovery, Inc. - Common Stock (ERII)
Frequently Asked Questions About Energy Recovery, Inc. - Common Stock (ERII)
Does Energy Recovery, Inc. have a global presence?
Yes, Energy Recovery, Inc. has a global presence, with customers and operations spanning multiple continents. Their technologies are deployed in various countries, addressing international challenges in water scarcity and energy efficiency.
How does Energy Recovery, Inc. contribute to sustainability?
Energy Recovery, Inc. contributes to sustainability by developing technologies that reduce energy consumption and waste. Their pressure recovery solutions harness energy from operational processes, leading to substantial reductions in greenhouse gas emissions and promoting sustainable practices in water treatment and resource extraction.
How does Energy Recovery, Inc. engage with the community?
Energy Recovery, Inc. actively engages with the community through various initiatives, including educational outreach, sustainability programs, and support for local environmental efforts. They are committed to fostering awareness of energy efficiency and water sustainability within the communities they serve.
How does Energy Recovery, Inc. handle research partnerships?
Energy Recovery, Inc. actively seeks research partnerships with academic institutions and technology organizations to foster innovation and knowledge sharing. These collaborations enable the company to explore new technologies, improve existing products, and advance its mission of energy sustainability.
How does Energy Recovery, Inc. impact the oil and gas sector?
Energy Recovery, Inc. impacts the oil and gas sector by offering innovative solutions that improve the efficiency of hydraulic fracturing processes. By reducing the energy required for these operations, their technologies help minimize costs and environmental impacts, promoting more sustainable practices within the industry.
How does Energy Recovery, Inc. support research and development?
Energy Recovery, Inc. invests significantly in research and development to drive innovation and enhance its product offerings. The company collaborates with universities and independent research institutions, exploring new applications of its technology and developing advanced solutions tailored to specific industry needs.
What are Energy Recovery's main products?
Energy Recovery’s main products include the PX Pressure Exchanger, which is used in seawater reverse osmosis desalination, and the VorTeq pressure exchanger system designed for hydraulic fracturing in the oil and gas sector. These devices are engineered to capture and reuse energy, significantly improving efficiency.
What are some challenges facing Energy Recovery, Inc.?
Some challenges facing Energy Recovery, Inc. include market competition, the need for continuous innovation, and economic fluctuations that may impact investment in energy technologies. Additionally, navigating complex regulatory environments in different regions presents an ongoing challenge for the company.
What are the financial performance highlights of Energy Recovery, Inc.?
Energy Recovery, Inc. has shown consistent financial performance, characterized by growth in revenue and profitability driven by increased demand for their energy recovery solutions. As a publicly traded company on NASDAQ (ERII), their financials are closely monitored, and they regularly report on their earnings and market strategies.
What are the future prospects of Energy Recovery, Inc.?
The future prospects of Energy Recovery, Inc. appear positive, with increasing global demand for sustainable water and energy solutions. The company is well-positioned to capitalize on trends in desalination and energy efficiency, bolstered by ongoing technological advancements and expanding market opportunities.
What does Energy Recovery, Inc. do?
Energy Recovery, Inc. specializes in the development of innovative technology solutions that enable energy sustainability in various industries, particularly water and oil and gas. Their primary products include pressure energy recovery devices that enhance system efficiency by harnessing energy from high-pressure processes, resulting in reduced operational costs and lower carbon emissions.
What is the company's approach to innovation?
Energy Recovery, Inc. adopts a proactive approach to innovation, focusing on developing cutting-edge technologies that address the evolving needs of their industries. The company invests in R&D, encourages a culture of creativity, and stays attuned to industry trends to identify opportunities for new products and solutions.
What is the company's mission?
Energy Recovery, Inc.'s mission is to revolutionize the way energy is consumed and recovered in industrial processes. They aim to provide innovative solutions that make energy usage more efficient and sustainable, contributing to global efforts to reduce carbon footprints and promote clean energy technologies.
What is the PX Pressure Exchanger?
The PX Pressure Exchanger is a key product of Energy Recovery, Inc., utilized primarily in seawater reverse osmosis desalination systems. It efficiently transfers energy from high-pressure waste streams to low-pressure feed, reducing the energy costs associated with desalination processes by up to 60%.
What is the VorTeq technology?
The VorTeq technology is a specialized pressure exchanger system developed by Energy Recovery for hydraulic fracturing. It recycles energy in fracturing applications, reducing operational costs and improving efficiency and sustainability compared to traditional methods.
What markets does Energy Recovery operate in?
Energy Recovery operates in multiple markets, including the water processing industry, particularly desalination, as well as the oil and gas sector, where they offer solutions for hydraulic fracturing. Their products also find applications in other industrial processes that require energy efficiency and sustainability.
When was Energy Recovery, Inc. founded?
Energy Recovery, Inc. was founded in 1992. Since its inception, the company has focused on developing energy recovery technologies that minimize energy consumption in industrial applications, leading to significant cost savings and environmental benefits.
Where is Energy Recovery, Inc. headquartered?
Energy Recovery, Inc. is headquartered in San Leandro, California, USA. This location allows them to be in proximity to a vibrant tech ecosystem and market resources, supporting their mission of advancing energy recovery technology.
Who are the executive leaders of Energy Recovery, Inc.?
Energy Recovery, Inc. is led by a team of experienced executives with backgrounds in engineering, finance, and operations. Their leadership is committed to driving the company’s mission forward, focusing on innovation, market expansion, and global sustainability efforts.
Who are the primary customers of Energy Recovery, Inc.?
Energy Recovery, Inc. serves a range of customers across various industries, including water treatment facilities, oil and gas companies, and industrial operations seeking to improve energy efficiency and reduce costs. Their technologies also appeal to municipalities looking for sustainable water management solutions.
What is the current price of Energy Recovery, Inc. - Common Stock?
The current price of Energy Recovery, Inc. - Common Stock is 15.97
When was Energy Recovery, Inc. - Common Stock last traded?
The last trade of Energy Recovery, Inc. - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Energy Recovery, Inc. - Common Stock?
The market capitalization of Energy Recovery, Inc. - Common Stock is 912.72M
How many shares of Energy Recovery, Inc. - Common Stock are outstanding?
Energy Recovery, Inc. - Common Stock has 57.15M shares outstanding.