cstauffer

Tapping into Geothermal

I accidentally stumbled over LSB Industries, Inc.(LXU) and through my research on the company I was pleasantly surprised that over half of sales come from manufacturing and selling geothermal and water source heat pumps and related HVAC supplies. The company is headquartered in Oklahoma City, but it has an international sales footprint. It is very profitable and is sporting a low 10X forward PE. Its ROA is 8.4 and ROE is 20.5. I find this company to be a conservative investment if one is looking to investing in the growing interest Geothermal.