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Crescent Energy Gains 10% in 3 Months: Should You Buy the Stock or Wait?
ZACKS· 2025-08-22 16:11
Key Takeaways Crescent Energy shares rose 9.9% in three months, outpacing the Oil-Energy sectors 5.6% gain.Q2 results showed sales volume up 59.4%, revenues up 37.5%, and net income up 131.5%. CRGY expanded its mineral portfolio with a $72M acquisition, boosting growth momentum. Shares of Crescent Energy Company ((CRGY) have risen an impressive 9.9% over the past three months, outperforming the Zacks Alternative-Energy industry’s return of 9.3% and the broader Zacks Oils-Energy sector’s rise of 5.6%. Howeve ...
X @Cointelegraph
Cointelegraph· 2025-08-19 18:30
🇺🇸 UPDATE: Delaware-based Green Minting secures $150M to build a 600MW off-grid renewable Bitcoin mining + AI data center. https://t.co/WhpENkqRk5 ...
X @Bitcoin Archive
Bitcoin Archive· 2025-08-08 15:02
Elon Musk said Tesla would accept Bitcoin if renewable energy passes 50%.Bitcoin is now over 50% renewable energy.Do you think Tesla will accept Bitcoin payments soon? 🤔 https://t.co/LWAW1ouNpY ...
X @Bloomberg
Bloomberg· 2025-07-24 20:35
On today’s Big Take podcast, @JanetLorin and @davidgura break down how the oil-rich University of Texas is planning to cash in on AI, crypto and renewable energy.🎙️ Listen now: https://t.co/CDKZEjxWqv https://t.co/TdryC1jlht ...
X @Bloomberg
Bloomberg· 2025-07-22 13:10
UN Secretary-General António Guterres called on tech firms to run AI on 100% renewable energy by the year 2030 https://t.co/ryLGu0pAfp ...
Gevo’s RNG Subsidiary Closes $40 Million in New Bond Sales, Refinances Debt, and Strengthens Gevo Balance Sheet
Globenewswire· 2025-07-10 20:05
Company Overview - Gevo, Inc. is a diversified energy company focused on producing renewable products, including synthetic aviation fuel, motor fuels, and chemicals, aimed at enhancing energy security and supporting rural economic growth [4] - The company operates one of the largest dairy-based renewable natural gas (RNG) facilities in the U.S. and has an ethanol plant with a carbon capture and sequestration facility [4] Recent Financial Developments - Barclays Capital Inc. has purchased $40 million of newly issued non-recourse tax-exempt private activity bonds for Gevo's subsidiary, Gevo NW Iowa RNG, LLC, which will refinance $40 million of previously issued bonds [1] - This refinancing allows Gevo to release $40 million of restricted cash and improve its balance sheet liquidity by approximately $30 million after transaction costs [1][2] Renewable Natural Gas Operations - Gevo RNG generates RNG by collecting manure from dairy farms and using anaerobic digesters to produce biogas, which is refined for use as a sustainable transportation fuel [3] - The company has received CARB certification for a carbon intensity score of negative 339 gCO2e/MJ, which will be used for California's Low Carbon Fuel Standard credits, potentially yielding over 175,000 metric tons of greenhouse gas emissions reductions annually [3] Future Plans - Gevo plans to release additional restricted cash later in the year by refinancing the remaining balance of the previous bonds through another series of 2025 Bonds [2] - The company is exploring opportunities for scaling and margin expansion in its RNG business and aims to leverage synergies with its other business lines [3]