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Hexagon Composites ( (HXGCF) ) just unveiled an announcement.
Hexagon Agility has secured an order worth about USD 11.7 million from a major Mexican trucking company for compressed natural gas fuel systems, following a successful year-long pilot of heavy-duty natural gas trucks. The new sleeper truck fleet is expected to run more than 12 million miles annually, cutting fuel costs by up to 50% versus diesel and reducing greenhouse gas emissions by around 2,500 tons and NOx emissions by roughly 90% each year, underscoring the appeal of natural gas drivetrains for long-haul fleets even amid a broader slowdown in the North American truck market, with deliveries slated to begin in the first quarter of 2026.
The most recent analyst rating on (HXGCF) stock is a Hold with a NOK10.00 price target. To see the full list of analyst forecasts on Hexagon Composites stock, see the HXGCF Stock Forecast page.
More about Hexagon Composites
Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and bulk gas transportation. Its portfolio includes compressed (renewable) natural gas distribution systems, lightweight Type 4 composite cylinders and natural gas fuel systems that enable fleets to cut emissions and operating costs, supporting Hexagon Composites’ broader role in storage, transport and conversion solutions for cleaner energy across mobility and industrial applications.
Average Trading Volume: 2,653,466
Current Market Cap: NOK1.93B
See more insights into HXGCF stock on TipRanks’ Stock Analysis page.