Argan, Inc. Stock News

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This energy stock is back near its all-time high in a new base. The company provides power to data centers.

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Argan has tripled this year as the AI boom fueled massive gains. Energy demand will continue to grow, and the power grid offers an opportunity.

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.375 per common share. The dividend will be payable on January 31, 2025 to stockholders of record at the close of business on January 23, 2025. David Watson, President and Chief Executive Officer of Argan, c...

Argan Inc. continues to show strong double-digit topline growth, driven by healthy demand and backlog conversion, positioning it for a robust FY25 finish. Margins are improving, benefiting from revenue growth and improved efficiencies. The company's strong pipeline, including significant projects and opportunities from rising energy demand supports continued revenue growth in the long-term.

Stock market followers often take interest in names that jump as much as 10% in a single session. It's even more intriguing to find that the stock has more than tripled year to date.