NET Power Inc. Class A (NPWR)

NET Power, Inc. (NPWR) stock has experienced significant volatility over the past six months, reaching an all-time low of $1.48 USD on May 21, 2025. Key events include the Q1, Q2, and Q3 2025 Earnings Conference Calls, the Annual Meeting of Stockholders, an investigation into the company by Bragar Eagel & Squire, P.C., and Citigroup maintaining a "Buy" recommendation. The stock price has increased by 33.17% over the last six months but experienced a 24.20% fall in the last month, with a share price of $2.49 as of November 21, 2025.

While seasonality is considered for NPWR stock performance, specific demand seasonality for NET Power, Inc.'s technology licensing and power plant development is not detailed. The company's business model focuses on long-term projects rather than direct, seasonally fluctuating sales of electricity. However, broader energy market seasonality may impact the company's licensing and project development business model.

NET Power, Inc. is a clean energy technology company that operates in the Electric Utilities and Industrials sectors, focusing on Specialty Industrial Machinery and Electrical Products. Its core technology, the NET Power Cycle, transforms natural gas into low-cost, clean power by capturing CO2 and minimizing air pollutants. The company licenses its technology to various customers and is expanding into clean power projects using gas turbines with post-combustion carbon capture (PCC) technology.

Headquartered in Durham, North Carolina, NET Power primarily operates in the U.S. and aims to deploy utility-scale plants globally through partnerships. It serves markets in North America, Europe, and Asia via a licensing model, with a demonstration facility in La Porte, Texas, and Project Permian under development in West Texas. The company is also advancing a clean firm power hub in northern MISO.

NET Power's brand reputation has faced mixed analyst ratings and stock volatility in the past year. The investigation announced by Bragar Eagel & Squire, P.C., alleging that NET Power misled investors regarding Project Permian's costs and delays, could negatively impact its reputation.

NET Power, Inc. has substantial institutional ownership, ranging from approximately 42.65% to 53.62% of its shares outstanding. Major institutional owners include Share Andrew L., Adage Capital Partners Gp, L.l.c., Millennium Management Llc, BlackRock, Inc., and Vanguard Group Inc. Individual investors hold approximately 7.6% of the shares, while insiders hold 2.10%, with insider selling exceeding buying in the past three months.