HW

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"Net income for the 3rd quarter was $46.4 million or $0.98 of diluted earnings per share, up 69% from the prior 3rd quarter earnings of $27.4 million or $0.58 of diluted earnings per share.  
   
   
Approximate Financial Snapshot as of 10/10/07
Shares Outstanding 40.22M
52 Wk Hi/Lo 26.00/ 14.10
Market Cap $613.4M
Recent Price $15.25

 

 

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10/10/07

Headwaters Inc. (HW)

Website: www.hdwtrs.com

Adding Value to Energy


Overview

Headwaters Incorporated (HW) through its subsidiaries, provides products, technologies, and services to the energy and construction materials industries in the United States. It operates in three segments: Construction Materials, Coal Combustion Products, and Alternative Energy. 

The Construction Materials segment designs, manufactures, and markets shutters, gable vents, mounting blocks, tools, and architectural manufactured stones. This segment also provides concrete blocks and other masonry units, as well as various mortars and stucco products. 

The Coal Combustion Products segment markets coal combustion products, such as fly ash and bottom ash to the building products and ready mix concrete industries.

The Alternative Energy segment develops catalyst technologies to convert coal and heavy oil into liquid fuels, as well as nanocatalyst processes and applications.

This is an abbreviated profile and we encourage readers interested in learning more about Headwaters Inc. to visit the company website at www.hdwtrs.com.


HW Investor Highlights

  • Headwaters is the largest provider of technology and chemical reagents to the coal-based synthetic fuels industry. The company is using its engineered fuels expertise to develop new opportunities in the burgeoning clean coal marketplace.
  • HW is America’s largest manager and marketer of coal combustion products, including fly ash. Utilization of these materials improves performance of building products while creating significant environmental benefits.
  • The Company is a market leader in designing, manufacturing and marketing architectural stone veneer and also holds regional market leadership positions in manufacturing and marketing concrete blocks and brick, mortar and stucco.
  • Continues to develop and deploy a range of breakthrough technologies that improve natural resource utilization, including heavy oil upgrading, coal liquefaction and nanocatalyst applications.
  • Construction of additional coal cleaning facilities creates path to more than $50 million in expected revenue for 2008
  • Total revenue for the 3rd quarter was $336.3 million, up 14% from $295.9 million reported for the prior 3rd quarter.
  • Net income for the 3rd quarter was $46.4 million or $0.98 of diluted earnings per share, up 69% from the prior 3rd quarter earnings of $27.4 million or $0.58 of diluted earnings per share.
  • Formed a strategic partnership with the Sumitomo Chemical Co., Ltd. for the development and commercialization of carbon nanospheres, a new carbon nano-material. Sumitomo Chemical is one of Japan's leading chemical companies, with over 24,000 employees and global sales for 2006 exceeding $15 billion.

Recent News and Press Releases

Headwaters Incorporated Announces Phase II Feasibility Study Contract for Direct Coal Liquefaction Plant in Assam, India

Headwaters CFO Resigns

Headwaters Announces Steven G. Stewart's Return as Chief Financial Officer

Headwaters 3rd-quarter earnings up 69%, revenue up 14%

Headwaters Incorporated Forms Strategic Partnership with Sumitomo Chemical to Commercialize Carbon Nanospheres

For the latest Quote and News on HW Click Here.


Three Month Chart


 


Contacts

Headwaters Inc.

10653 South River Front Parkway
Suite 300
South Jordan, UT 84095
Phone: 801-984-9400
Fax: 801-984-9407


SEC Filings

HW filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.


Disclaimer

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of HW, please sign up for our free newsletter. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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