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NASDAQ:OIG

Orbital Infrastructure Group (OIG) Stock Price, News & Analysis

Orbital Infrastructure Group logo

About Orbital Infrastructure Group Stock (NASDAQ:OIG)

Key Stats

Today's Range
N/A
50-Day Range
$0.00
$2.26
52-Week Range
N/A
Volume
N/A
Average Volume
50,786 shs
Market Capitalization
$1.76 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Orbital Infrastructure Group, Inc. provides infrastructure services to customers in the electric power, telecommunications, and renewable industries. It engineers, designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as offers emergency restoration services; and provides drilled shaft foundation construction services to the electric transmission and substation, industrial, telecommunication, and disaster restoration market sectors. The company also offers engineering, design, construction, and maintenance services to the broadband and wireless telecommunication industries; enterprise solutions to the cable and telecommunication industries; and telecommunication services, such as various wireless service capabilities, as well as aerial installation, directional drilling, trenching, plowing, and missile crews for telecommunications, power, gas, water, CCTV, ATMS, and traffic signal cable installation. In addition, it provides engineering, procurement, and construction services that support the development of renewable energy generation focused on utility-scale solar construction. The company was formerly known as Orbital Energy Group, Inc. and changed its name to Orbital Infrastructure Group, Inc. in August 2022. Orbital Infrastructure Group, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. On August 23, 2023, Orbital Infrastructure Group, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

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OIG Stock News Headlines

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Victoria signs $3.6b contract for Suburban Rail Loop
Orbital Infrastructure Group Inc OIGBQ
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OIG Stock Analysis - Frequently Asked Questions

Orbital Infrastructure Group, Inc. (NASDAQ:OIG) issued its earnings results on Monday, November, 15th. The company reported ($6.40) EPS for the quarter, missing the consensus estimate of ($4.00) by $2.40. The firm had revenue of $30.92 million for the quarter.

Orbital Infrastructure Group shares reverse split before market open on Friday, April 21st 2023. The 1-40 reverse split was announced on Friday, April 21st 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some other companies that Orbital Infrastructure Group investors own include NIO (NIO), NVIDIA (NVDA), Palantir Technologies (PLTR), Meta Platforms (META), Alibaba Group (BABA), Tesla (TSLA) and Gevo (GEVO).

Company Calendar

Last Earnings
11/15/2021
Today
11/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
N/A
Current Symbol
NASDAQ:OIG
Employees
1,490
Year Founded
N/A

Profitability

Net Income
$-276,190,000.00
Pretax Margin
-78.39%

Debt

Sales & Book Value

Annual Sales
$332.15 million
Book Value
($36.75) per share

Miscellaneous

Free Float
4,517,000
Market Cap
$1.76 million
Optionable
Optionable
Beta
1.18
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This page (NASDAQ:OIG) was last updated on 11/24/2024 by MarketBeat.com Staff
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