Profile
Sector:
Basic MaterialsIndustry:
ChemicalsCountry:
United StatesIPO:
04 September 2020Website:
http://www.originmaterials.comNext earnings report:
14 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:33:58 GMTDividend
Analysts recommendations
Institutional Ownership
ORGN Latest News
Origin Materials is an innovative company in sustainable materials but faces significant cash burn and early-stage financial weakness, making it a high-risk, high-reward investment. The company's proprietary biomass conversion technology has a massive potential market, but fierce competition and limited resources pose significant challenges. Reducing cash burn is critical for Origin Materials, with recent efforts showing improvement, but the stock remains speculative and best suited for risk-tolerant investors.
Origin Materials, Inc. ORGN shares are surging today. The company reported second-quarter financial results on Wednesday.
Origin Materials, Inc. (NASDAQ: ORGN) held its Q1 2024 Earnings Conference Call on May 14, 2024 at 5:00 PM ET. Participants included Ryan Smith, Rich Riley, John Bissell, and Matt Plavan. Conference Call Participants included Frank Mitsch and Steve Byrne. The conference operator thanked everyone for standing by.
Origin Materials (NASDAQ: ORGN ) layoffs are happening for many of the carbon-negative materials company's employees as it takes on a massive number of job cuts. A press release from Origin Materials reveals that layoffs are coming for 30% of the company's workforce.
Origin Materials aims to produce carbon-negative materials using renewable and organic materials, potentially reducing carbon footprint and greenhouse gas emissions. The company has secured partnerships with major companies like Ford, PepsiCo, and Nestle, indicating interest in its platform. It has a lot of demand for its products. However, Origin Materials is burning cash at a dangerous rate and will require additional funding to support its growth and production infrastructure.
Origin Materials, Inc. (NASDAQ:ORGN ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Ashish Gupta - IR Rich Riley - Co-CEO John Bissell - Co-CEO Matt Plavan - CFO Conference Call Participants Frank Mitsch - Fermium Research Steve Byrne - Bank of America John Roberts - Mizuho Bassel Fouad - Craig-Hallum Pavel Molchanov - Raymond James Financial Operator Thank you for standing by. This is the conference operator.
Origin Materials, Inc. (ORGN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Origin Materials aims to replace fossil feedstock materials like plastic with sustainable ones. The company expects to generate millions of dollars in revenue this year.
Origin Materials, Inc. (ORGN) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.05 per share a year ago.
Origin Materials, Inc. has started commercial operations at its chloromethyl furfural plant, the first in the world to develop the chemical building block at a commercial scale. The firm expects to generate significant revenue soon, with its Origin 1 plant and substantial revenue and earnings from its Origin 2+ plants in later years. Despite a bearish technical outlook, the growth potential for Origin Materials remains compelling, with strategic partnerships, offtake agreements, and licensing revenue expected to generate better cash flow in the future.
What type of business is Origin Materials?
Origin Materials, Inc., together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products. Origin Materials, Inc. is headquartered in West Sacramento, California.
What sector is Origin Materials in?
Origin Materials is in the Basic Materials sector
What industry is Origin Materials in?
Origin Materials is in the Chemicals industry
What country is Origin Materials from?
Origin Materials is headquartered in United States
When did Origin Materials go public?
Origin Materials initial public offering (IPO) was on 04 September 2020
What is Origin Materials website?
https://www.originmaterials.com
Is Origin Materials in the S&P 500?
No, Origin Materials is not included in the S&P 500 index
Is Origin Materials in the NASDAQ 100?
No, Origin Materials is not included in the NASDAQ 100 index
Is Origin Materials in the Dow Jones?
No, Origin Materials is not included in the Dow Jones index
When was Origin Materials the previous earnings report?
No data
When does Origin Materials earnings report?
The next expected earnings date for Origin Materials is 14 November 2024