This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Fuel Tech Reports 2011 Fourth Quarter And Annual Financial Results; Records Achieved In Backlog, APC Announced Bookings And Annual Revenues And Operating Income

“Fuel flexibility for utility operators continues to be a leading driver for our FUEL CHEM segment. In the fourth quarter, we received an extension of a previously announced commercial order, from a satisfied utility customer, whereby Fuel Tech's proprietary TIFI ® Targeted In-Furnace Injection™ technology would be installed on three additional large coal-fired boilers. In this case, our client is switching from burning Central Appalachian to Illinois Basin coal, so they can take advantage of a nearly 40% savings in fuel costs on a comparative dollar per MM BTU basis. Not only do we anticipate that our customer will recognize savings by enabling this fuel flexibility, but we believe they will also benefit from operating performance improvements and additional megawatt generation.”

Mr. Bailey concluded, “Although we expect some challenging market conditions in the coming year, we are encouraged about our business prospects and believe that we are well positioned to increase our market share in both the multi-pollutant emissions control and energy efficiency markets. As we enter 2012 with a strong backlog, we believe that revenues and profits will exceed 2011 results. We anticipate APC orders to steadily improve, the result of upcoming regulations in the U.S. and China, and FUEL CHEM announcements to be forthcoming, as utilities strive to enhance fuel flexibility by adding Powder River Basin and Illinois Basin coals to their fuel mix.”

Conference Call

As a reminder, Fuel Tech will host a conference call on Tuesday, March 6 at 9:00 AM EST to discuss the results. The call will simultaneously be broadcast over the Internet at and can be accessed under “Upcoming Events” on the Home page. The call can also be accessed by dialing 800.700.0133 (domestic) or 617.213.8831 (international) and using the passcode “Fuel Tech.” A replay of the call will be available on the website and can be accessed by dialing 888.286.8010 (domestic) or 617.801.6888 (international) and using the passcode “78073043.” The replay will be available until April 9, 2012.

About Fuel Tech

Fuel Tech is a leading technology company engaged in the worldwide development, commercialization and application of state-of-the-art proprietary technologies for air pollution control, process optimization, and advanced engineering services. These technologies enable customers to produce both energy and processed materials in a cost-effective and environmentally sustainable manner.

5 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
YHOO $27.05 -3.30%
AAPL $95.24 1.30%
FB $99.80 -4.10%
GOOG $683.10 -0.07%
TSLA $148.02 -9.00%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs