NET POWER INC CLASS A (NPWR)
Industrials · Clean gas power generation with carbon capture · NYSE
NET Power develops modular clean gas power plants combining natural gas turbines with licensed carbon capture technology to deliver low-cost, firm power with emissions mitigation.
What NET POWER INC CLASS A does
NET Power Inc. is an energy technology and project development company focused on delivering low-carbon gas power solutions. The company historically developed an oxy-combustion power generation system designed to produce electricity from natural gas while capturing CO2, but has pivoted its strategy to develop clean gas power plants using natural gas turbines paired with post-combustion carbon capture (PCC) technology licensed from Entropy Inc. The company designs, develops, builds, owns and operates these clean gas power plants to generate and monetize electricity, captured CO2, and environmental attributes.
Themes: Clean energy / decarbonization, Natural gas power generation with carbon capture, Low-carbon power solutions, Post-combustion carbon capture (PCC), Firm power generation, Modular power plant technology
Fundamentals
- Price$1.70 as of 2026-08-21 close
- Market cap$364M as of 2026-08-24
- 1-year return-26.4% 2025-08-21 close $2.31 → 2026-08-21 close $1.70
- P/En/a negative earnings
- Net margin-1380.0% as of 2026-08-24
- Gross margin+87.6% as of 2026-08-24
- ROE-160.5% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Beta1.15 as of 2026-08-24
- Last reported earnings2026-08-13 SEC EDGAR Form 8-K (Item 2.02)
How NPWR compares in its sector
- net profit marginbottom 10% 457 covered Industrials peers, as of 2026-08-24
- operating marginbottom 10% 457 covered Industrials peers, as of 2026-08-24
- gross margintop 10% 455 covered Industrials peers, as of 2026-08-24
- return on equitybottom 10% 460 covered Industrials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 414 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How NET POWER INC CLASS A looks technically
NET POWER INC CLASS A (NPWR) is trading 19.1% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 141 trading days ago — a "death cross", a bearish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 55, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 6 trading days ago. It is 67.3% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 19.1% below its 200-day average, the long-term trend line — a long-term downtrend | -19.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $1.60 | $1.60 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $2.10 | $2.10 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 141 trading days ago — a "death cross", a bearish long-term signal | 141 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with buyers in control | 30.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 55, neither overbought (above 70) nor oversold (below 30) | 55.1 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($1.46 to $2.07) — its "stochastic" reading is 39 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 39.3 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 16 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $5.20 | $5.20 |
|---|---|---|
| From the 52-week high | it is 67.3% below its 52-week high (its highest price of the past year) | -67.3% |
| Above the 52-week low | it is 25.9% above its 52-week low (its lowest price of the past year) | +25.9% |
| Below the 52-week high | it is 67.3% below its highest point of the past year | 67.3% |
| Since a 20-day breakout | it made a new 20-day high about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $17.62 (set on 2023-09-18) | $17.62 |
| Given back of the 52-week move | over the past year its closes ranged ($1.36 to $4.85), and it has recovered only a small part of its fall from last year’s high — 10% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.52 to $3.63. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 9.7% |
| From the all-time high | it is 90.4% below its all-time high | -90.3% |
| Nearest price level | it is trading 6.5% above a support level at $1.59 — a price it turned at four times since 2026-03-19, most recently on 2026-06-29. Since 2024-08-21 it has 2 such levels below the current price and 10 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -6.5% |
| All-time low | its lowest closing price on record is $1.35 (set on 2026-07-29) | $1.35 |
| Above the all-time low | it is 25.9% above its all-time low | +25.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 71% of it) | 71st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1336 between its high and its low — about 7.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1336 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.32 and $1.84 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.32 – $1.58 – $1.84 |
| Typical daily range (% of price) | its price moves about 7.9% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 7.9% |
| Stretch from the 200-day average | it is trading 3.0 daily ranges below its 200-day average price (19.1% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.0 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.74× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 4.0% since the prior reading | -4.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a bullish engulfing | 5 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 5 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +1.2% |
|---|---|---|
| Open gap | it gapped 2.1% above the previous close 14 sessions ago and has not traded back through the level it left behind at 1.43 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.1% |
| Gap filled | a 3.0% gap up opened on 2026-08-19 has been "filled" 2 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 2 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 8.1 percentage points (the stock gained 10.4% while the market gained 2.3%) | +8.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 12.7 percentage points (the stock lost 9.6% while the market gained 3.1%) | -12.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 24.3 percentage points (the stock lost 13.3% while the market gained 11.1%) | -24.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 46.9 percentage points (the stock lost 26.4% while the market gained 20.5%) | -46.9% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, MACD momentum is positive — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is thick, spanning 21.3% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | 0.0% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 12% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $1.93 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | -11.9% |
|---|
Price levels it has turned at before
NPWR last closed at $1.70 on 2026-08-21. Since 2024-08-21 it has turned at 2 prices below its last close and 10 above; the 2 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $1.59 | Support | 6.5% below the last close | turned there four times · 2026-03-19 to 2026-06-29 |
| $1.85 | Resistance | 9.1% above the last close | turned there twice · 2026-04-17 to 2026-06-18 |
| $1.48 | Support | 13.2% below the last close | turned there twice · 2025-05-22 to 2026-03-30 |
| $2.08 | Resistance | 22.3% above the last close | turned there three times · 2025-09-16 to 2026-08-14 |
| $2.21 | Resistance | 30.3% above the last close | turned there three times · 2025-11-14 to 2026-06-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · in a strong, established uptrend (ADX) · Analyst price target recently CUT · lagging the market · Most volatile (6%+ typical daily range) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.50 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$3.00 range $2.50 – $4.00; median $2.75
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for NPWR
- Consensus EPS estimate-$0.07205 next reporting period, as of 2026-08-15
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Capital-intensive business model requiring substantial additional financing; company is currently unprofitable with negative operating margins and relies on future fundraising to deploy projects","Technology commercialization risk: company's ability to successfully develop, deploy, and operate its Clean Gas Product at scale, achieve targeted timelines for Project Permian (FID Q3 2026, commercial operations early 2029), and compete economically against alternative low-carbon power solutions","Dependence on third-party technology licensing: exclusive reliance on Entropy Inc.'s PCC technology and the company's ability to successfully negotiate definitive agreements and integrate the licensed technology into commercial power plants; volatility from regulatory, permitting, and site-selection challenges"]
What changed in the latest 10-Q
AI-assisted comparison of NPWR's 10-Q filed 2026-05-11 against the prior one filed 2025-11-13.
Management's Discussion & Analysis (MD&A)
The two filings could not be meaningfully compared for this section.
Risk Factors
- Added:
- In the forward-looking statements risk enumeration (newer filing, 2026-05-11): Added risk (v) regarding ability to negotiate and enter definitive agreement with Entropy, Inc. for post-combustion carbon capture technology licensing
- In the forward-looking statements risk enumeration (newer filing, 2026-05-11): Added risk (vi) regarding ability to develop modular, standardized clean gas power plant product incorporating Entropy's PCC technology
- In the forward-looking statements risk enumeration (newer filing, 2026-05-11): Added risk (xx) specifying 'including the ongoing conflict in the Middle East' as context for political disruptions in gas producing nations
- Removed:
- Removed reference to Annual Report for fiscal year ended December 31, 2024 (older filing, 2025-11-13); replaced with reference to fiscal year ended December 31, 2025 (newer filing, 2026-05-11)
- Removed from risk factors enumeration (older filing, 2025-11-13): risk (iv) regarding 'barriers the Company may face in its attempts to deploy and commercialize its technology'
- Removed from risk factors enumeration (older filing, 2025-11-13): risk (v) regarding 'complexity of the machinery' (first instance)
- Removed from risk factors enumeration (older filing, 2025-11-13): risk (vii) regarding 'barriers that the Company may face in its attempts to deploy projects'
- Removed duplicate text in older filing (2025-11-13) risk enumeration: 'the complexity of the machinery the Company relies on for its operations and development' appeared twice and is consolidated in newer version
- Reworded:
- Risk (iii): Changed from 'which will likely require Net Power to raise additional capital' (older, 2025-11-13) to 'which will likely require the Company to raise additional capital in the future' (newer, 2026-05-11) — added 'in the future' and changed 'Net Power' to 'the Company'
- Risk (iv) in older filing became risk (iv) in newer: Reworded from 'barriers the Company may face in its attempts to deploy its power plants and its ability to successfully develop its power plants' (newer, 2026-05-11) versus older enumeration that split this concept
- Risk regarding machinery: Changed from 'the complexity of the machinery' (older, 2025-11-13) to 'the proper functioning of the complex machinery' (newer, 2026-05-11)
- Risk (xii) in older became risk (xii) in newer: Added 'and the impact of any supply chain disruptions' to risk regarding establishment and maintenance of supply relationships (newer, 2026-05-11)
- Risk (xix) in older became risk (xx) in newer: Changed from general 'any political or other disruptions in gas producing nations' (older, 2025-11-13) to include specific regional context (newer, 2026-05-11)
- Risk (xii) in older filing: Changed from 'Net Power's reliance' to 'the Company's reliance' (newer, 2026-05-11)
- Risk (xvii) in older became risk (xviii) in newer: Changed from 'the ability of Net Power's commercial plants' to 'the ability of the Company's commercial plants' (newer, 2026-05-11)
- Notes:
- The financial statements presented are from different reporting periods (March 31, 2026 vs. September 30, 2025 for the newer and older filings respectively) and therefore contain non-comparable balance sheet data
- Risk factor enumeration numbering differs between filings due to additions and consolidations; comparison required careful mapping of substance rather than numerical order
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 24 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 18 sells ($2M) — 2 selling insiders
- Last 90 days0 buys · 24 sells ($3M) — 2 selling insiders
- Last 180 days0 buys · 32 sells ($6M) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-11. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about NPWR's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding NPWR as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 3,835,873
- Reported value $5,983,962
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
NPWR had 2,676,837 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for NPWR because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 2,676,837
- Prior settlement (shares) 2,937,200
- Reported change -8.86%
- Days to cover (reported) 3.98
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- NextEra Energy (NEE)
- Duke Energy (DUK)
- Southern Company (SO)
- General Electric (GE)
- Siemens Energy
- Baker Hughes (BKR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare NPWR vs…
Frequently asked questions
What does NET POWER INC CLASS A (NPWR) do?
NET Power Inc. is an energy technology and project development company focused on delivering low-carbon gas power solutions. The company historically developed an oxy-combustion power generation system designed to produce electricity from natural gas while capturing CO2, but has pivoted its strategy to develop clean gas power plants using natural gas turbines paired with post-combustion carbon capture (PCC) technology licensed from Entropy Inc.
What sector is NET POWER INC CLASS A (NPWR) in?
NET POWER INC CLASS A (NPWR) is classified in the Industrials sector. Its industry is Clean gas power generation with carbon capture. It trades on NYSE.
Who are NET POWER INC CLASS A's (NPWR) competitors?
Notable peers of NET POWER INC CLASS A (NPWR) include NextEra Energy, Duke Energy, Southern Company, General Electric and Siemens Energy. This peer set is informational only — not financial advice.
Is NET POWER INC CLASS A (NPWR) overbought or oversold right now?
NET POWER INC CLASS A (NPWR) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 55, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on NPWR come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.