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 ...

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 ...

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 ...

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]

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, 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 ...

ENGLEWOOD, Colo., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on November 7, 2024, at 4:30 p.m. ET (2:30 p.m. MT) to report its financial results for the third quarter ended September 30, 2024. To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BId0c13b561f9d442ba7211ad0cbc56dbc After registering, participants will be provided with a dial-in number and pin. To listen to ...

ENGLEWOOD, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce it received a conditional commitment for a loan guarantee with disbursements totaling $1.46 billion (excluding capitalized interest during construction) from the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") for its NetZero 1 project ("NZ1") in South Dakota. With capitalized interest during construction, the DOE loan facility ...

Core Insights - Gevo, Inc. has acquired Cultivate Agricultural Intelligence, LLC for $6 million in cash, with potential additional earn-out payments for the sellers [1] - CultivateAI is expected to generate $1.7 million in revenue for 2024 and is already cash flow positive [1] - The acquisition aims to enhance Verity's business development by integrating CultivateAI's agricultural data and analytics platform with Verity's carbon accounting solutions [2][3] Company Overview - Gevo's mission focuses on converting renewable energy and biogenic carbon into sustainable fuels and chemicals, aiming for a net zero or better carbon footprint [5] - The company operates one of the largest dairy-based renewable natural gas facilities in the U.S. and the world's first production facility for specialty alcohol-to-jet fuels [5] - Verity, a wholly owned subsidiary of Gevo, specializes in tracking and verifying carbon intensity across the full carbon lifecycle [6] CultivateAI Overview - CultivateAI offers a cloud-based, mobile platform that provides real-time analytics to help agricultural operations make informed, data-driven decisions [7] - The platform is designed to assist farm operators, agronomists, ag-service providers, and researchers in improving production, managing risk, and maximizing profitability [7] Strategic Goals - The integration of CultivateAI is expected to accelerate revenue growth for Verity by expanding its client base beyond the biofuel segment and creating new revenue streams [3][4] - Gevo aims to enhance customer relationships and revenue opportunities through the development of new products and services that improve business understanding [4]

ENGLEWOOD, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce the sale of approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act ("IRA") Investment Tax Credits generated from the commercialization of a renewable natural gas ("RNG") production facility by Gevo NW Iowa RNG, LLC ("Gevo RNG") and provides net cash proceeds of approximately $17 million to Gevo after transaction fees. The Gev ...