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Gevo's Verity Subsidiary Continues to Expand Customer Base and Provides Integrated Carbon-Intensity Tracking to Midwest Renewable Energy
Newsfilter· 2024-12-19 14:00
ENGLEWOOD, Colo., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Verity Holdings, LLC ("Verity") is pleased to announce that it has added ethanol producer Midwest Renewable Energy, LLC ("MRE") as a client that intends to track sustainability while improving its profitability. With the additional client, Verity continues to expand its customer base in biofuels, and MRE expects to use Verity products and services to simplify its data collection, data management, and lifecycle analysis ("LCA") calculations to help its part ...
Gevo’s Verity Subsidiary Continues to Expand Customer Base and Provides Integrated Carbon-Intensity Tracking to Midwest Renewable Energy
GlobeNewswire· 2024-12-19 14:00
Nebraska-based ethanol producer Midwest Renewable Energy expected to use Verity as their end-to-end carbon accounting platformENGLEWOOD, Colo., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Verity Holdings, LLC (“Verity”) is pleased to announce that it has added ethanol producer Midwest Renewable Energy, LLC (“MRE”) as a client that intends to track sustainability while improving its profitability. With the additional client, Verity continues to expand its customer base in biofuels, and MRE expects to use Verity produc ...
Gevo and LG Chem Extend Joint Development Agreement for Bio-Propylene to Accelerate Commercialization Using Gevo Ethanol-to-Olefins Technology
GlobeNewswire News Room· 2024-12-12 13:30
ENGLEWOOD, Colo., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) and LG Chem, Ltd. (KRX: 051910), leading global chemical companies committed to producing sustainable products, are extending their joint development agreement (the “Agreement”). The agreement extension enables LG Chem to assess existing assets for deploying Gevo’s Ethanol-to-Olefins (“ETO”) technology while accelerating commercialization activities, considering project scale and end-product markets. “Gevo’s partnership with LG Ch ...
Gevo's Acquisition of Assets in North Dakota Proceeds Following Approval Vote by Red Trail Energy's Equity Holders
GlobeNewswire News Room· 2024-12-11 10:30
ENGLEWOOD, Colo., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that its planned acquisition of the ethanol production plant and carbon capture and sequestration (“CCS”) assets of Red Trail Energy, LLC (“Red Trail Energy”), passed an important milestone as the equity holders of Red Trail Energy voted overwhelmingly to approve the transaction. This acquisition will accelerate Gevo’s mission to transform ren ...
After Plunging -15.12% in 4 Weeks, Here's Why the Trend Might Reverse for Gevo (GEVO)
ZACKS· 2024-12-05 15:35
A downtrend has been apparent in Gevo, Inc. (GEVO) lately with too much selling pressure. The stock has declined 15.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spot ...
Are Oils-Energy Stocks Lagging Gevo (GEVO) This Year?
ZACKS· 2024-12-03 15:45
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Gevo, Inc. (GEVO) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Gevo, Inc. is one of 240 companies in the Oils-Energy group. The Oils-Energy group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 differ ...
Gevo to Participate in Fireside Chat With H.C. Wainwright
GlobeNewswire News Room· 2024-11-18 22:00
Event Participation - Gevo's Executive Vice President of Corporate Affairs, Lindsay Fitzgerald, and Vice President of Finance and Strategy, Dr Eric Frey, will participate in a fireside chat with H C Wainwright on November 20, 2024, at 4:00 pm ET [1] - Investors and other interested persons must register using the provided link to participate in the event [2] Company Overview - Gevo's mission is to convert renewable energy and biogenic carbon into sustainable fuels and chemicals with a net-zero or better carbon footprint [3] - The company's innovative technology enables the production of sustainable aviation fuel (SAF), motor fuels, chemicals, and other materials [3] - Gevo's business model involves developing, financing, and operating production facilities for renewable fuels and other products [3] - The company operates one of the largest dairy-based renewable natural gas (RNG) facilities in the United States [3] - Gevo owns the world's first production facility for specialty alcohol-to-jet (ATJ) fuels and chemicals [3] - The company emphasizes sustainability by tracking and verifying the carbon footprint of its business systems through its Verity subsidiary [3] Contact Information - For more information, visit www gevo com [4] - Media inquiries can be directed to Heather Manuel, VP of Stakeholder Engagement & Partnerships, at PR@Gevo com [4] - Investor relations inquiries can be directed to Eric Frey, Vice President of Finance & Strategy, at IR@Gevo com [4]
Is Gevo (GEVO) Stock Outpacing Its Oils-Energy Peers This Year?
ZACKS· 2024-11-14 15:45
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Gevo, Inc. (GEVO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Gevo, Inc. is one of 242 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The ...
Gevo(GEVO) - 2024 Q3 - Earnings Call Transcript
2024-11-08 01:13
Gevo, Inc. (NASDAQ:GEVO) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Eric Frey - Vice President, Finance & Strategy Patrick Gruber - Chief Executive Officer Lynn Smull - Chief Financial Officer Conference Call Participants Sameer Joshi - H.C. Wainwright Saumya Jain - UBS Peter Gastreich - Water Tower Research Emily Sorensen - Sorensen Farms Operator Good day and thank you for standing by. Welcome to the Gevo Incorporated Quarter Three 2024 Earnings Conference Call. At t ...
Gevo, Inc. (GEVO) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-07 23:51
Gevo, Inc. (GEVO) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.09, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS e ...