Ocean Thermal Energy Overview

  • Founded
  • 1998
  • Status
  • Public
  • Employees
  • 5
  • Stock Symbol
  • CPWR
Stock Symbol
  • Investments
  • 2
  • Share Price
  • $0.02
  • (As of Thursday Closing)

Ocean Thermal Energy General Information


Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.

Contact Information

Formerly Known As
OTE Delaware
Ownership Status
Publicly Held
Financing Status
Primary Industry
Energy Production
Other Industries
Alternative Energy Equipment
Stock Exchange
Primary Office
  • 800 South Queen Street
  • Lancaster, PA 17603
  • United States
+1 (717) 000-0000
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Ocean Thermal Energy Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.02 $0.02 $0.01 - $0.09 $2.96M 164M 419K -$0.03

Ocean Thermal Energy Financials Summary

In Thousands,
TTM 30-Jun-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018
EV 11,999 11,921 10,369 13,945
Revenue 0 0 0 0
EBITDA (2,169) (4,810) (2,491) (5,437)
Net Income (4,092) (6,450) (4,880) (7,880)
Total Assets 8 17 43 9
Total Debt 8,613 8,652 7,901 6,610
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ocean Thermal Energy Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Ocean Thermal Energy Executive Team (5)

Name Title Board Seat Contact Info
Stephen Oney Chief Science Officer and President
Edward Baer Financial Consultant
Jeremy Feakins Chief Executive Officer & Chief Financial Officer, Finance
You’re viewing 3 of 5 executive team members. Get the full list »

Ocean Thermal Energy Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Ocean Thermal Energy Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Ocean Thermal Energy Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 000000000 10-May-2017 000000000000000000 Systems and Information Management 000000 0000000
Broadband Network Affiliates 31-Dec-2013 Merger/Acquisition Other Financial Services 000000 0000000
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