Dallas, Texas 04/01/2014 (FINANCIALSTRENDS) – U.S. Geothermal Inc.(NYSEMKT:HTM) has, as it’s name indicates been one of the leading players on the geo-thermal energy scene. The company has operational footprint across the North American continent and has services in all the sections of this industry- from developing, utilization to acquiring resources related to this industry.
In recent studies and reports released by industry analysts, the number of rigs implemented in the country has since grown in the recent years. Where natural gas exploration was predominant in the recent past quarters, the focus apparently this season is back on the oil drilling segment.
U.S. Geothermal Inc. (NYSEMKT:HTM) as an alternative energy producer has been a key player in 2013, and at the same time reported some great financial results for the fiscal.
U.S. Geothermal Inc. (NYSEMKT:HTM) highlight in the previous financial year has been its earnings of the Neal Hot Springs. The company had quoted that the real game changes to the company were introduced with the optimization of production at this Hot Springs.
U.S. Geothermal Inc. (NYSEMKT:HTM) has been in recent times moved from being a traditional energy player with conservative green policies, into becoming a proactive utility business, which is able to meet market demands, where necessary.
U.S. Geothermal Inc. (NYSEMKT: HTM) has seen growth due to multiple-phases of growth an asset performance. In the recent times it has also concentrated on working with fundamentally stronger partners.
Thus success was there, when it chose Goldman Sachs as a partner on its Raft River project and at the same time saw Enbridge as the Neal Hot Springs partner.
Incidentally, the company has even posted great pay-outs based on the performance of Neal Hot Springs in the last quarters, resulting in better investment sentiment for this company. The crowded energy sector, now definitely has a more valuable player in US Geothermal Inc, The Company’s market cap is currently at $74.98million.