Fuel Tech, Inc. (FTEK)

In November 2025, Fuel Tech reported its Third Quarter earnings, with EPS in line but revenues disappointing, leading to a stock price drop. Fuel Tech also acquired Wahlco, Inc.'s assets. In August 2025, Fuel Tech reported its Second Quarter results, missing revenue forecasts but was awarded Air Pollution Control orders. The stock has experienced a 68.630% change over the past year, with its 52-week range fluctuating between $0.870 and $3.650. Short interest in Fuel Tech recently decreased.

The demand for Fuel Tech's products and services exhibits some seasonality. The FUEL CHEM segment experiences seasonal revenue pressures, typically reflecting a transition from spring to summer. The company anticipates a positive impact on this segment entering the third quarter due to higher energy demand. The artificial intelligence sector is driving demand for power generation, creating opportunities for Fuel Tech's emissions control solutions.

Fuel Tech, Inc. specializes in advanced engineering processes, providing solutions for air pollution control, process optimization, water treatment, and advanced engineering services. The company develops and commercializes technologies aimed at enhancing efficiency and reducing emissions, including NOx control systems, Particulate Matter control systems, and urea-to-ammonia conversion technology. These technologies are applied across various combustion units.

Fuel Tech's headquarters are in Warrenville, Illinois, USA, with an international office in Milan, Italy. Its air pollution control technologies are installed worldwide on over 1,200 combustion units, supporting customers across North America, Europe, and Asia. The company is also exploring market expansion opportunities in regions such as Mexico.

Fuel Tech has a strong reputation for delivering innovative solutions that enhance operational efficiency and environmental compliance. The company's Chairman and CEO, Vincent J. Arnone, holds an approval rating of 90%. The company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, highlighted persistent business risks.

Fuel Tech, Inc. is a publicly traded company on NASDAQ, with ownership distributed among institutional funds, company insiders, and individual retail investors. Major institutional owners include Grace & White Inc /ny, Vanguard Group Inc, Renaissance Technologies Llc, Geode Capital Management, Llc, BlackRock, Inc., Peapod Lane Capital LLC, Informed Momentum Co Llc, Us Bancorp \de, Mercuria Capital Strategies, Llc, and Jane Street Group, Llc.