Tag Archives: fuelmaker

Fuel Systems Solutions (FSYS) Smashes Lowball Estimates, Surges AH

Last quarter expectations were much too high for the former high flyer, Fuel Systems Solutions (FSYS).  The company didn’t match those lofty expectations and the stock has taken a beating.  Now that analysts have very little expectations of the company it doesn’t take much to beat and beat they did after the bell today.  The company reported an EPS of .44/share which was more than double what analysts had expected.  Let’s not get carried away … Read the rest

Fuel Systems Solutions (FSYS) Acquires CNG Assets of FuelMaker Including Phill

Fuel Systems Solutions (FSYS) has announced that it is acquiring assets and technology for compressed natural gas (CNG) products from FuelMaker for $7 million, which includes a home refueling appliance marketed under the Phill brand. The deal is expected to close sometime this quarter.

Here’s a good video highlighting the Phill system.. great move from FSYS.


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Clean Energy Fuels (CLNE) Acquires FuelMaker Corp

Clean Energy Fuels (CLNE) has announced the acquisition of FuelMaker Corp of Toronto for 17 million in cash and is expected to completed within the next month. 

FuelMaker manufactures, distributes, installs and services vehicle refueling appliances and accessories for fueling vehicles powered by compressed natural gas. The consumer version of the VRA is the Phill, a home refueling device that compresses natural gas from the home gas line for fueling vehicles. Recent prices for consumers … Read the rest