Babcock and Wilcox Enterprises Inc (BW) Options

Maybe see $2.75 soon

I thought it would hit $1.15 by Friday, and it did today!

BW...$1.62...on earnings...🥳Babcock & Wilcox Enterprises Reports Second Quarter 2024 Results, Earnings Growth Driven By Strong Operating Performance
Revenue of $233.6 million, Net Income of $25.4 million, and Operating Income of $42.2 million, which exceeded expectations
Adjusted EBITDA of $23.3 million, $24.6 million excluding BrightLoopTM and ClimateBrightTM expenses, ahead of expectations
Reiterate Full Year 2024 Adjusted EBITDA target range of $105.0 million to $115.0 million, excluding BrightLoop and ClimateBright expenses
Improved balance sheet and liquidity through sale of B&W's Denmark renewable service subsidiary for net cash proceeds of $83.5 million
Announced backlog of $472.4 million and implied backlog of $757.8 million in project opportunities
Announced total YTD bookings of $383.1 million and implied bookings of $668.5 million, a 71% increase compared to the first half of 2023
Achieved annualized cost savings of approximately $25.0 million to date related to strategic business realignment progressing toward stated target of over $30.0 million
Q2 2024 Continuing Operations Financial Highlights

georgie18

Member Level
Re: None

Friday, August 02, 2024 9:30:13 AM

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BW...$1.25...Bottom Chart...🥳...AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded a $25 million contract for boiler upgrades, pressure part replacements and other outage and maintenance services at a U.S. thermal power plant.

BWCC will execute the work during the plant’s Fall 2024 outage.

Even broke the $1.25 bottom chart.

Been in and out of this one for a very long time.

BW...$1.25...Bottom Chart...🥳...AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded a $25 million contract for boiler upgrades, pressure part replacements and other outage and maintenance services at a U.S. thermal power plant.

BWCC will execute the work during the plant’s Fall 2024 outage.

Up again on uptrend. There's a gap up coming as a gap down needs to be filled

BW: Sold their Danish unit for big bucks!!!

You responded to a post from ONE YEAR AGO

Incorrect post. the reporting is for tomorrow after closing

another buying opportunity after today's earnings report. They certainly talked confidently about the future, even the most recent quarter was terrible.

Buying opportunity

Tomorrow we close above 6.25.

BW > Solid earnings + Babcock & Wilcox (B&W) (NYSE:BW) announced that its B&W Environmental segment has been awarded a contract for approximately $5 million to supply a SPIG S.p.A. cooling system for a petrochemical facility in the Middle East.

The cooling tower will be used to provide cooling for propane dehydrogenation and polypropylene production equipment while reducing environmental impact by conserving water and reducing liquid discharge.

“We are seeing tremendous opportunity to grow B&W’s business in the Middle East,” said Jimmy Morgan, B&W Chief Operating Officer. “There is substantial demand for environmental technologies, products and services for industrial plants, particularly in the petrochemical sector, and technologies for renewable energy generation such as waste-to-energy. We’re actively looking to continue to expand B&W’s business in this region.”

Some benefits of B&W Environmental’s SPIG cooling tower technology include lower water consumption, reduced plume formation, and decreased noise emissions.

$12 dolla PT... We’ll see.. -_-

Healthy management does financing at the bottom and times it with a profitable year. Technical meets Fundamentals. Monster

monster is running on blow out earnings!!

The monster has broke out of its cage..on a slaughterhouse day...precision trading!!

BW get ready to rumble

BW another long term beast setting up to shock. this will be epic!!

It’s a $20 stock in more ways than 1.. -_-

Good news keeps coming!

News; $BW Babcock & Wilcox Renewable Announces Global Partnership for Battery Solutions with Eos Energy Storage

B&W will Market Eos’ Battery Storage Solutions Globally B&W is Exclusive Preferred Installer in U.S. and Canada Eos Znyth ® Zinc Battery is a Safe, Scalable and Sustainable Renewable Energy Storage Technology Babcock & Wilcox (B&W) (NY...

Find out more BW - Babcock & Wilcox Renewable Announces Global Partnership for Battery Solutions with Eos Energy Storage

3,539,816 Total Insider shares bought ??????

Nice pop today. Some big buys.

Are you putting up the company site to show they are viable? Trying to understand...

https://www.babcock.com/

they are executing on their turnaround plan and are no longer a going concern, once we get out of this covid mess hopefully by year end we should put a 5 dollar floor in and then we climb towards 10 and 15, those are my targets for the next 12 months

DD

http://stockmarketrevolution.com/wp-content/uploads/2020/05/Babcock_-The-Market-Did-Not-React-To-The-Decline-In-The-Oil-Price-.pdf

* * $BW Video Chart 05-12-2020 * *

Link to Video - click here to watch the technical chart video

#BW

I marked the post did you mean high teens in cents or dollars and in due time sure it could get back to the low teens you never did give a time line of when your prediction would happen

for sure, this should be heading back to the 30s (pre RS price of 3 bucks) it can easily do it with a few quarters of strong sales and revenues, and no more bad news

I see, so presumably the BW stock is in stronger hands now who won't sell?

no, it's due to steel selling the last of their holdings

Is this under $4 due to trade issues?

News: $BW B&W Awarded Contract for Boiler Refurbishment

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded a contract for more than $12 million to refurbish a recovery boiler for a U.S. manufacturing facility. B&W’s scope includes the des...

In case you are interested BW - B&W Awarded Contract for Boiler Refurbishment

by next ER this should be in the low teens, and yes B Riley has this company back on the right track! read the filings it's all in there.

You believe the debt issue is resolved? Next QTR results will of course help explain if the ship has been righted.

this is heading back to the high teens! mark this post

#BW

News: $BW B&W Names Bob McKinney Senior Vice President, General Counsel and Corporate Secretary

Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE:BW) has appointed Robert (Bob) McKinney as Senior Vice President, General Counsel and Corporate Secretary, effective August 5, 2019. He joined the Company in 2015 and has served as Vice Presi...

Got this from B&W Names Bob McKinney Senior Vice President, General Counsel and Corporate Secretary

News: $BW Babcock & Wilcox Announces Completion of Equitization Transactions and Reverse Stock Split

Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today the completion of its previously announced equitization transactions approved by stockholders at the Company’s annual meeting, as well as the completion of the previously announ...

Got this from Babcock & Wilcox Announces Completion of Equitization Transactions and Reverse Stock Split

Why would they approve this if they are trying to pay down debt. Assuming .30 even goes to 3.00 after the split, is that really going to encourage investment?

Ok, but what did it sell for? Don't companies generally announce these things to make it easier to value a company, or do we have to wait for the "surprise" during earnings?

News: $BW B&W Announces Sale of Loibl Material Handling Subsidiary

- Sale of non-core asset part of B&W’s strategy to strengthen focus on core businesses - Proceeds to be used to reduce debt and provide working capital Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) announced today that it has sold its Straubing, Bavaria, Ger...

Read the whole news https://marketwirenews.com/news-releases/b-w-announces-sale-of-loibl-material-handling-subsidiary-8409688.html

Well, the way I see it is the Company needs $50 million and therefore throws out an rights offering to lure in existing retail shareholders to foot most of the $ so Riley isn't underwater as much. He is one of their biggest funders.

Why aren't their institutions lining up to give their $ for heavily discounted stock? Could it be that Riley doesn't want to get undercut before the potential bounce for him to possibly unload?

If it was such a great deal...I'm sure he could find the funds to buy all the shares. Hmmm JMO

Yeah, kinda sets a .30 floor though, since who sells after participation in the offering?

So, BW wants current shareholders to pony up $50,000,000 via an rights offering of 166,666,667 @ .30 even after the stock has lost over 80% of its value within the past year?! NO THANKS!

"Gee, I know you've lost a lot of $ investing in my Company, but would you be willing to cough up even more on the chance you can get your $ back"?


Hope B Riley has a lot of $ ready for the back stop!

Doesn't sound like a company going bankrupt to me...