NET Power Inc. Class A (NPWR)

Over the past six months, Citigroup maintained a "Buy" recommendation, and Barclays upgraded NET Power with a price target increase. The company reported its Q3 2025 earnings. A Schedule 13D/A filing was made in December 2025. A Current Report (8-K) and another Schedule 13D/A filing occurred in January 2026. NET Power scheduled its Q4 and Year-End 2025 Earnings Release and Conference Call for February 17, 2026. The company reported Q4 and Year-End 2025 results in March 2026, with Q4 EPS missing the forecast, but the stock rose in premarket trading; a strategic pivot to a combined cycle gas turbine with carbon capture was announced, along with capital requirements for Project Permian. NET Power, Inc. was investigated by the Portnoy Law Firm. In April 2026, Lee Shuman was named CFO, and the Q1 2026 Earnings Release and Conference Call was scheduled; the price target was decreased. As of May 8, 2026, NET Power (NPWR) was trading at $2.00 USD, with a 52-week range between $1.46 and $5.20.

Historical stock price data suggests that October has the highest probability of positive returns for NPWR, while May and August have lower probabilities. The company's power generation technology addresses the need for baseload power, suggesting consistent demand. The energy transition's progress and challenges could significantly impact the company.

NET Power, Inc., founded in 2010 and headquartered in Durham, North Carolina, operates in the Industrials sector, focusing on Specialty Industrial Machinery. The company develops and licenses the NET Power Cycle technology, which converts natural gas into clean electricity while capturing nearly 100% of CO2 emissions. NET Power licenses its technology to customers for building and operating NET Power Cycle facilities, targeting electric utilities, oil and gas companies, technology companies, and industrial facilities. The technology has been demonstrated at the La Porte Demonstration Facility in Texas, with plans for utility-scale deployment via Project Permian.

NET Power, Inc. is headquartered in Durham, North Carolina, and its technology is being deployed globally. The La Porte Demonstration Facility and Project Permian are located in Texas. The modular design of NET Power's technology allows for a compact footprint of approximately 13 acres.

NET Power is positioned as a clean energy technology company providing a sustainable solution for the global energy crisis with clean, reliable, and affordable power. The company's technology inherently captures carbon dioxide and produces virtually no air pollutants. NET Power has made progress in developing its technology, including successful demonstration at its La Porte facility and moving towards commercial-scale deployment with Project Permian. The company is still considered a high-risk, development-stage company, and its stock reflects market skepticism. The company has also faced an investigation by the Portnoy Law Firm in March 2026. Despite reporting net losses, its strong liquidity position is seen as a foundation for future investments and operational stability.

NET Power Inc. has 117 institutional owners and shareholders holding a total of 32,462,542 shares, with major holders including Share Andrew L. and Millennium Management Llc. Institutional shareholders own 14.87% of the company, Net Power insiders own 64.57%, and retail investors own 20.56%. Occidental Petroleum Corp is the largest individual shareholder, owning 24.75% of the company.