Gevo(GEVO)
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Gevo to Participate in Virtual Investor Meeting About Recent Closing of Acquisition of Net-Zero North
Globenewswire· 2025-02-05 23:00
Core Viewpoint - Gevo, Inc. is set to discuss the completion of its acquisition of low-carbon ethanol and carbon capture assets at Net-Zero North during a virtual investor presentation on February 6, 2025 [1] Company Overview - Gevo is a next-generation diversified energy company focused on providing cost-effective, drop-in fuels that enhance energy security, reduce carbon emissions, and support rural economic growth [2] - The company utilizes innovative technology to produce a range of renewable products, including sustainable aviation fuel (SAF), motor fuels, and chemicals, contributing to U.S.-made solutions [2] - Gevo operates one of the largest dairy-based renewable natural gas (RNG) facilities in the U.S., converting by-products into clean energy, and has an ethanol plant with an adjacent carbon capture and sequestration (CCS) facility [2] - The company is recognized for owning the world's first production facility for specialty alcohol-to-jet (ATJ) fuels and chemicals [2] - Gevo's business model emphasizes a "pay for performance" approach regarding carbon and sustainability attributes, ensuring value delivery to the local economy [2] - Through its Verity subsidiary, Gevo enhances transparency and efficiency in tracking and verifying supply chain attributes [2]
Gevo Completes Acquisition of Red Trail Energy Assets in North Dakota, Expanding a Burgeoning Portfolio of Energy Assets
Newsfilter· 2025-02-03 14:00
Core Insights - Gevo, Inc. has acquired Red Trail Energy's ethanol production plant and carbon capture and sequestration assets for $210 million, aiming to enhance its sustainable aviation fuel production capabilities and achieve net-zero greenhouse gas emissions [1][2] - The acquisition is expected to contribute between $30 million to $60 million in Adjusted EBITDA annually, with the new assets being renamed "Net-Zero North" [1][2] - The transaction was financed through a combination of Gevo's equity capital and a $105 million senior secured term loan from Orion Infrastructure Capital, which is also interested in providing additional funding for future growth projects [1][8] Company Strategy - Gevo's CEO emphasized the strategic importance of the acquisition for expanding sustainable aviation fuel production and integrating carbon capture technology, which is crucial for mitigating risks associated with carbon emissions [1][2] - The company plans to leverage the existing operational team from Red Trail Energy and is already in the engineering development phase for a new alcohol-to-jet SAF plant at the site [2][6] - The acquisition aligns with Gevo's broader mission to strengthen rural economies and contribute to energy security through innovative renewable products [6][8] Market Position - Net-Zero North is positioned as one of the few ethanol plants in the U.S. expected to maximize value from carbon abatement, with a projected carbon intensity score significantly lower than non-CCS connected plants [2][6] - The acquisition is seen as a critical step towards Gevo's goal of becoming self-sustaining and profitable ahead of the launch of its Net-Zero 1 project in South Dakota [1][2] - The partnership with OIC is expected to enhance Gevo's growth potential in sustainable infrastructure, reflecting a growing market demand for lower-carbon-footprint products [1][8]
Verity and Landus Announce Agreement to Track and Verify Sustainable Agriculture Attributes at Soybean Facility
Globenewswire· 2025-01-28 14:00
Core Insights - Verity Holdings and Landus have formed a partnership to enhance sustainability value for farmers through export markets, utilizing Verity's platform for tracking and verifying agricultural product attributes [1][2][3] - The collaboration aims to streamline certification and data verification processes, providing measurable premiums to farmers and encouraging processors to adopt sustainable practices [2][3] - The partnership will expand data verification efforts across additional Landus facilities and pilot innovative market solutions, focusing on building trust and transparency with stakeholders [3][4] Company Overview - Verity is a subsidiary of Gevo, Inc., specializing in tracking and verifying carbon intensity across the full carbon lifecycle [7] - Gevo's mission is to convert renewable energy and biogenic carbon into sustainable fuels and chemicals, emphasizing sustainability through its Verity subsidiary [5] - Landus is an agriculture solutions company that prioritizes farmer-centric decisions, connecting farmer-owners with global markets through innovative and sustainable practices [8][9]
Here's Why Gevo, Inc. (GEVO) is a Great Momentum Stock to Buy
ZACKS· 2025-01-07 18:16
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Gevo, Inc. (GEVO) - Gevo, Inc. currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3][4]. - Over the past week, GEVO shares have increased by 35.71%, significantly outperforming the Zacks Alternative Energy - Other industry, which rose by 4.74% [6]. - In a longer timeframe, GEVO's shares have shown an impressive monthly price change of 80.67%, compared to the industry's 1.98% [6]. - Over the last quarter, GEVO shares rose by 35.5%, and over the past year, they have surged by 141.96%, while the S&P 500 only increased by 4.3% and 28.89%, respectively [7]. Trading Volume - GEVO's average 20-day trading volume is 8,569,698 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - The Zacks Momentum Style Score incorporates trends in earnings estimate revisions. For GEVO, one earnings estimate has increased while one has decreased over the past two months, leading to a consensus estimate improvement from -$0.34 to -$0.33 [9][10]. - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating positive sentiment [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, GEVO is positioned as a promising investment opportunity with a Momentum Score of B [12].
Is Gevo (GEVO) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2025-01-06 15:46
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? Let's take a closer look at the stock's year-to-date performance to find out.Gevo, Inc. is one of 250 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stoc ...
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'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 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 ...
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]