Taronis Technologies (TRNX)

Overall impact
D (34)

Commentary

Taronis Technologies is a below-average overall performer. With a 'D' rating of 33.9 for overall impact (bottom 25% of all companies), Taronis Technologies ranks 10th out of 28 industry peers, behind Eni, Total, Sasol and 6 others, and ahead of OMV AG, Kuwait Petroleum Corporation, Petronet LNG and 15 others. On top material causes for Taronis Technologies's industry (Oil & Gas), Taronis Technologies performs well in Reduced Waste (83.3 score) and performs poorly in Renewable Energy Growth (0.0 score), Renewable Energy Growth (0.0), Renewable Energy Growth (0.0) and 5 other causes where it received a 'D' or 'F' score.
Impact
Cause TRNX
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Company
Employees
87
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Integrated Oil & Gas
SASB industry
Oil & Gas - Exploration & Production
Headquarters
Az, United States
Share classes
TRNX
Description
Taronis Technologies, Inc., a technology-based company, focuses on addressing the constraints on natural resources primarily in the United States. The company offers MagneGas, a hydrogen-based synthetic fuel that is used as an alternative to acetylene and other natural gas derived fuels for metal cutting and other commercial uses. It also provides Plasma Arc Flow System for MagneGas production, or water decontamination and sterilization. In addition, the company sells and licenses its proprietary plasma arc technology for gasification and the processing of liquid waste. It distributes and sells MagneGas fuel, and other gases and welding supplies through retail locations. The company was formerly known as MagneGas Applied Technology Solutions, Inc. and changed its name to Taronis Technologies, Inc. in January 2019. Taronis Technologies, Inc. was founded in 2005 and is headquartered in Peoria, Arizona.
Material causes
Ethos considers the following causes material for Taronis Technologies, based on its industry sub-industry Integrated Oil & Gas. Learn more about material causes in our methodology overview.

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