Core Viewpoint - The Andersons, Inc. will announce its financial results for Q4 and full year 2025 on February 17, 2026, followed by a webcast on February 18, 2026, to discuss the results and provide updates [1]. Group 1 - The financial results will be released after 4 p.m. Eastern Time on February 17, 2026 [1]. - A webcast to discuss the results will take place at 8:30 a.m. Eastern Time on February 18, 2026 [1]. - The company can be contacted via phone for the webcast using specific toll-free and international numbers [2]. Group 2 - The Andersons, Inc. operates in the North American agriculture and renewable fuels sector [3]. - The company is committed to providing exceptional service, supporting employee development, and enhancing community value [3]. - More information about the company can be found on its official website [3].

Summary of Gevo, Inc. Conference Call Company Overview - **Company**: Gevo, Inc. - **Ticker Symbol**: GEVO - **Industry**: Renewable energy, specifically focusing on sustainable aviation fuel (SAF) and low carbon ethanol production Key Points and Arguments Management Transition - Patrick Gruber is transitioning from CEO to Executive Chair, with Paul Bloom taking over as the new CEO [2][6] - Gruber expressed confidence in Bloom's leadership and experience, highlighting Bloom's background in chemistry and business [5][9] Technological Advancements - Gevo has developed technology to convert renewable resources into hydrocarbons, including jet fuel, gasoline, and diesel from alcohols [3][4] - The company has achieved low-cost technology and is beginning to monetize carbon value, which is crucial for profitability [3][4] Strategic Acquisitions - Gevo acquired a plant in North Dakota, which is pivotal for producing low carbon ethanol, the feedstock for jet fuel [4][6] - The acquisition aligns with the company's strategy to scale operations and meet growing demand for sustainable aviation fuel [4][18] Market Opportunities - The U.S. is projected to need an additional 2.3 billion gallons of jet fuel by 2035, with Gevo positioned to meet this demand through its technology [19][42] - Gevo's technology allows for the production of energy-dense liquids, which are essential for aviation fuel [16][19] Financial Performance and Projections - Gevo aims to achieve positive adjusted EBITDA for the first time, driven by selling tax credits and monetizing carbon [17][30] - The company anticipates that the Alcohol-to-Jet 30 (ATJ30) plant could generate approximately $150 million in adjusted EBITDA annually, with a total investment of around $500 million [46][48] Carbon Monetization - Gevo is focused on monetizing carbon dioxide produced during ethanol production, which can be sold for various applications, including enhanced oil recovery and food carbonation [25][34] - The carbon business is expected to grow significantly, with potential revenues from carbon sales projected to reach $30 million [37][32] Sustainability and Agricultural Impact - Gevo emphasizes working with farmers to improve agricultural practices, which can lead to better soil health and increased yields [20][21] - The company aims to create a sustainable business model that benefits both energy production and agricultural output [20][21] Future Growth and Expansion - Gevo plans to replicate its successful model by building multiple ATJ plants, potentially up to 70 facilities to meet market demand [19][49] - The company is committed to operational excellence and maximizing efficiencies in production to support growth [38][41] Competitive Landscape - Gevo believes its technology is among the lowest cash cost options for producing jet fuel, making it competitive against traditional petroleum sources [44][46] - The company is not just a replacement strategy but aims to supplement existing fuel supplies with sustainable alternatives [43][44] Additional Important Insights - The transition in leadership is seen as a strategic move to ensure continuity and leverage Bloom's experience in scaling technology [2][9] - Gevo's focus on carbon intensity reduction is not only about compliance but also about creating a more efficient production system [20][21] - The company has a robust patent portfolio of over 400 patents, which supports its innovative capabilities in the renewable energy sector [19] This summary encapsulates the key discussions and strategic directions outlined during the conference call, highlighting Gevo's commitment to sustainable energy solutions and its proactive approach to market demands.

Core Insights - Gevo's North Dakota plant is the largest producer of engineered carbon removal credits and the only ethanol carbon capture and storage project issuing Puro.earth-certified certificates with thousand-year permanence [1] - The plant has issued over 500,000 engineered carbon-dioxide removal certificates (CORCs) since the start of carbon capture and storage activities in June 2022 [1][2] - Gevo's carbon business operates with integrity across regulated low carbon fuel markets and voluntary markets, ensuring high-quality carbon removal [2] Company Overview - Gevo is a diversified energy company focused on renewable fuels and chemicals, contributing to energy security and economic growth in rural communities [3] - The company operates an ethanol plant with an adjacent carbon capture and storage facility and is developing the world's first large-scale alcohol-to-jet facility at its North Dakota site [3] - Gevo's business model includes creating jobs and revitalizing communities through the development and operation of production facilities [3] Industry Context - The carbon dioxide removal market has surpassed $11 billion, with only 2.8% of purchases delivered, indicating significant growth potential [2] - Gevo's North Dakota plant has received an "A" rating from BeZero Carbon Ltd., highlighting its operational excellence and high-quality production [2]

Industry Overview - The renewable fuels industry is undergoing a structural transformation towards a policy-backed, decarbonization-oriented energy sector, focusing on low-carbon, higher-value fuels [1] - Global capacity in the renewable fuels sector is expected to triple by 2028 according to a Bain & Company report [1] Alto Ingredients (ALTO) - Alto Ingredients is transitioning from a conventional fuel ethanol producer to a diversified business focused on specialty alcohols and essential ingredients [3] - The product mix has expanded to include specialty alcohols and ingredients for pharmaceutical, personal care, food, and industrial applications, aimed at diversifying revenue streams and reducing exposure to volatile ethanol pricing [4] - A key strategy involves reducing carbon intensity scores to benefit from the federal Section 45Z clean fuel tax credit, potentially generating up to $18 million in incremental gross benefit over 2025–2026 [5] - Alto is expanding carbon dioxide capture and utilization at its facilities, which adds a higher-margin revenue stream and supports sustainability objectives [6] - The company is focused on operational discipline, streamlining costs, and capitalizing on near-term opportunities with clear return visibility [7] - ALTO shares have risen 17.4% over the past year, with a Zacks Consensus Estimate for 2026 revenues implying a year-over-year increase of 10.5% and EPS growth of 260% [7][12] Green Plains (GPRE) - Green Plains is evolving into a leading biorefining company by commercializing Clean Sugar Technology and producing low-carbon dextrose and glucose for industrial fermentation [8] - The company is restructuring its business mix towards higher-margin protein and renewable ingredients, aiming to reduce exposure to ethanol cyclicality [9] - Green Plains has improved its balance sheet with no near-term debt maturities and enhanced liquidity through asset sales [9] - The company plans to deploy capital to strengthen plant assets, reduce carbon intensity, and explore options for returning capital to shareholders [10] - GPRE shares have also risen 17.4% over the past year, with a Zacks Consensus Estimate for 2026 revenues implying a year-over-year increase of 5.2% and EPS growth of 122.9% [11][12] Comparative Analysis - Both ALTO and GPRE have seen their shares rise 17.4% over the past year, but ALTO's 2026 EPS growth estimate and valuation favor its investment case [8][16] - ALTO is trading at a forward price-to-earnings multiple of 16.88, while GPRE's multiple is at 36.74, indicating that ALTO may offer a less expensive valuation [14]

Core Insights - Alto Ingredients (ALTO) is the leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients in the U.S., but it remains unprofitable due to its sensitivity to ethanol price fluctuations, corn input costs, and demand from fuel blenders and industrial markets [1][8] Financial Performance - ALTO has experienced revenue contraction as it has idled or exited underperforming facilities and low-margin contracts to preserve liquidity and stabilize profitability [2] - The company has incurred high debt levels leading to increased interest expenses, asset impairment charges, and acquisition-related costs, contributing to ongoing losses since 2022 [2] Strategic Initiatives - ALTO's turnaround strategy includes streamlining its cost structure, exiting unprofitable activities, and prioritizing capital investments with near-term visibility [3] - The company aims to lower carbon intensity scores to benefit from the federal Section 45Z clean fuel tax credit program, potentially providing up to $18 million in incremental gross benefit during 2025–2026 if carbon reduction targets are met [3][8] - ALTO is expanding carbon dioxide capture and utilization at its Pekin and Columbia facilities, which will add a higher-margin revenue stream and support sustainability goals [4] Industry Comparison - Green Plains Inc. (GPRE) is also facing uneven profitability but is reshaping its business mix towards higher-margin protein and renewable ingredients, which may improve stability in the long term [5] - Gevo, Inc. (GEVO) remains unprofitable due to investments in sustainable aviation fuel and renewable hydrocarbons, with profitability dependent on securing offtake agreements and project financing [6] Stock Performance - ALTO's stock has gained 45.3% over the past year, outperforming the industry [7] - The stock is currently overvalued with a price-to-earnings multiple of 17, higher than the industry average of 16.9 [10] Earnings Estimates - The Zacks Consensus Estimate for ALTO's fourth-quarter 2025 EPS has not changed in the last 30 days, with estimates for 2025 and 2026 earnings also remaining stable [11]

Core Insights - HyOrc Corporation has completed the necessary documentation for its uplisting to the OTCQB market, indicating a significant step in its growth strategy [1] - The company is making progress on its first industrial green methanol project in Portugal, driven by increasing demand for compliant marine fuels under European regulations [1][4] - HyOrc is in advanced discussions for a long-term offtake agreement with a European renewable fuels partner, aiming to cover initial production from its Porto-area facility [2] - A non-binding letter of intent has been received from a global energy trading group for potential participation in future expansion phases, with indicative long-term volumes of up to 25,000 tonnes per year [3] - The developments signify a shift from development-stage planning to contracted execution, focusing on asset-level, non-recourse project finance [4] - Demand for green methanol is strengthening due to the enforcement of FuelEU Maritime regulations, prompting shipping operators to secure compliant fuel supplies [4] - HyOrc is also advancing a rail decarbonisation strategy, retrofitting diesel-electric locomotives with alternative-fuel power systems, with successful factory testing completed [5] - The company's near-term focus is on converting commercial frameworks into executed contracts and advancing projects from testing to on-site delivery [6] Company Overview - HyOrc Corporation specializes in developing and commercializing patented hydrogen-capable combustion and waste-to-fuel systems for the shipping, rail, and off-grid power sectors [7] - The company has 737 million shares issued and outstanding, with plans for a Nasdaq uplist [7]

Core Insights - Alto Ingredients (ALTO) has seen a 45.4% increase in share price over the past year, outperforming its industry and the S&P 500 composite [1][9] - The company is transitioning from traditional ethanol production to a focus on specialty alcohols and essential ingredients, aiming to diversify its revenue streams and improve margins [10][11] Stock Performance - ALTO stock has surpassed its 50-day and 200-day simple moving averages, indicating a bullish trend [2] - Compared to peers, Green Plains Inc. (GPRE) has gained 2.4% while Gevo, Inc. (GEVO) has lost 24% in the same timeframe [5] Valuation - ALTO is currently trading at a price-to-earnings multiple of 16.63, which is above the industry average of 15.95 and significantly higher than the three-year median of 5.56 [6] - While ALTO is relatively cheaper than Green Plains, it is more expensive compared to Gevo [7] Strategic Initiatives - The company is broadening its product portfolio to include specialty alcohols and ingredients for various applications, aiming to reduce reliance on volatile ethanol pricing [11] - ALTO is focusing on lowering carbon intensity scores to benefit from the federal Section 45Z clean fuel tax credit program, potentially providing up to $18 million in incremental gross benefit during 2025-2026 [12] - Expansion of carbon dioxide capture and utilization at its facilities is underway, adding a higher-margin revenue stream [13] - Operational discipline is emphasized, with efforts to streamline costs and focus on projects with clear returns [14] Financial Outlook - The Zacks Consensus Estimate for 2026 revenues indicates a 10.5% year-over-year increase, while earnings are expected to rise by 200.6% year-over-year [16] - The consensus estimate for 2026 earnings has remained stable over the past 30 days [17] Analyst Sentiment - Despite positive strategic initiatives, there are concerns regarding the stock's premium valuation and ongoing execution risks, leading to a cautious outlook [20]

Core Insights - Gevo, Inc. has appointed Greg Hanselman as executive vice president of operations and engineering, marking a strategic move in the company's growth and succession planning as current COO Chris Ryan plans to retire in June 2026 [1][4] Company Overview - Gevo is a leader in renewable fuels and chemicals, focusing on cost-effective, drop-in fuels that enhance energy security and support rural economic growth [5] - The company operates an ethanol plant with a carbon capture and sequestration facility and one of the largest dairy-based renewable natural gas facilities in the U.S. [5] - Gevo has developed the world's first production facility for specialty alcohol-to-jet fuels and is currently working on a large-scale ATJ facility in North Dakota [5] Leadership Background - Greg Hanselman has extensive experience in agribusiness, previously serving as vice president of global engineering for Ingredion and senior vice president of global manufacturing for Tate & Lyle [2] - His expertise includes agriprocessing, precision fermentation, operations, engineering, and supply chain management, which are expected to benefit Gevo's growth initiatives [3] Future Expectations - Hanselman is anticipated to take over as COO following Dr. Ryan's retirement, bringing a track record of operational excellence and safety leadership to the role [4][3]

Company Overview - Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels [1] - The company is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America [1] Upcoming Events - Calumet plans to attend the Goldman Sachs Energy, Clean Tech and Utilities Conference on January 6, 2026 [2] - The company will hold one-on-one investor meetings throughout the day of the conference [2]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is presented as a critical player in the AI energy sector, owning essential energy infrastructure assets that are poised to benefit from the increasing energy demands of AI [3][7] - This company is characterized as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and positioned to capitalize on the onshoring trend driven by tariffs [5][6] Financial Position - The company is noted for being debt-free and holding a significant cash reserve, amounting to nearly one-third of its market capitalization, which provides a strong financial foundation [8] - It also has a substantial equity stake in another AI-related company, offering investors indirect exposure to multiple growth opportunities without the associated premium costs [9][10] Market Trends - The article discusses the broader trends of AI infrastructure supercycles, the onshoring boom due to tariffs, and a surge in U.S. LNG exports, all of which are interconnected with the company's operations [14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the importance of investing in AI [12] Future Outlook - The company is positioned at the heart of America's next-generation power strategy, particularly in nuclear energy, which is seen as a clean and reliable power source for the future [7][14] - The potential for significant returns is emphasized, with projections of over 100% returns within 12 to 24 months for investors who act now [15]