Tracking the Pivotal Point of Argan (AGX): Specialist in the Construction of Gas Power Plants Benefits from the Energy Hunger of Data Centers!
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Argan is a holding company that realizes turnkey energy solutions through its subsidiary Gemma Power Systems. On March 27, the stock reacted with a massive price jump to the fourth-quarter numbers. Revenue soared significantly in the 2026 financial year, driven by the construction of highly efficient gas power plants and renewable energy projects. The company reported a record order backlog of over $1.1 billion. Particularly impressive is the profitability: thanks to a lean business model without in-house manufacturing, Argan generates high cash...
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