Renewable natural gas (RNG)
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AleAnna, Inc. Reports Third Quarter 2025 Results and Provides Update on Longanesi Field
Globenewswire· 2025-11-12 12:00
AleAnna, Inc. Reports Positive Net Income, EBITDA, EPS and Cash from Operations in Third Quarter 2025Third Quarter 2025 Results and Recent Company Highlights: AleAnna generated $5.3 million of net income and $6.3 million of EBITDA(1) in the third quarter driven by strong production at the Longanesi field generating $11.2 million of revenue in the quarterAleAnna reported basic and diluted net income per share of class A common stock of $0.08 for the quarter ended September 30, 2025AleAnna generated $8.9 mill ...
CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-11-06 21:50
Core Insights - Chesapeake Utilities Corporation reported a net income of $19.4 million ($0.82 per share) for Q3 2025, an increase from $17.5 million ($0.78 per share) in Q3 2024, with adjusted net income at $19.5 million ($0.82 per share) compared to $18.1 million ($0.80 per share) in the prior year [2][4][17] - For the first nine months of 2025, net income reached $94.2 million ($4.03 per share), up from $81.9 million ($3.66 per share) in the same period of 2024, with adjusted net income at $94.9 million ($4.06 per share) compared to $84.2 million ($3.76 per share) [4][26] - The company reaffirmed its 2025 EPS guidance range of $6.15 to $6.35 per share and increased its capital guidance range to $425 million to $450 million [8][9] Financial Performance - Adjusted gross margin for Q3 2025 increased by $15.2 million (12.5%) to $137.2 million compared to Q3 2024, driven by natural gas transmission service expansions, regulatory initiatives, and increased CNG, RNG, and LNG services [17][20] - Operating income for Q3 2025 was $45.0 million, a 10.0% increase from $40.9 million in Q3 2024, with adjusted operating income also reflecting growth [18][26] - Year-to-date adjusted gross margin for 2025 was $462.4 million, an increase of $49.3 million (11.9%) from $413.1 million in 2024 [25][31] Growth Initiatives - The company invested $123 million in capital during Q3 2025, generating over $20 million in gross margin from transmission, infrastructure, and transportation projects [7][6] - Chesapeake Utilities completed its Delaware rate case, resulting in tariff-related changes and rate design adjustments [7] - The company is focusing on a multi-year Enterprise Resource Plan (ERP) process to drive business transformation and growth [7] Segment Performance - The regulated energy segment's adjusted gross margin for Q3 2025 was $114.7 million, up from $102.2 million in Q3 2024, reflecting a 12.2% increase [19] - The unregulated energy segment's adjusted gross margin for Q3 2025 was $22.4 million, a 13.1% increase from $19.8 million in Q3 2024, driven by increased CNG, RNG, and LNG services [22][31] - For the nine months ended September 30, 2025, the regulated energy segment's adjusted gross margin was $360.5 million, up from $324.0 million in 2024, while the unregulated segment's adjusted gross margin increased to $101.9 million from $89.2 million [27][31]
Gevo to Present at the MicroCap Rodeo Conference
Globenewswire· 2025-09-24 13:00
Core Viewpoint - Gevo, Inc. is actively engaging with investors by presenting at the MicroCap Rodeo, highlighting its commitment to renewable energy and innovative technologies [1]. Company Overview - Gevo is a diversified energy company focused on providing cost-effective, drop-in fuels that enhance energy security and support rural economic growth [2]. - The company utilizes innovative technology to produce a range of renewable products, including synthetic aviation fuel (SAF), motor fuels, and chemicals [2]. - Gevo operates one of the largest dairy-based renewable natural gas (RNG) facilities in the U.S., converting by-products into clean energy [2]. - The company also runs an ethanol plant with an adjacent carbon capture and sequestration (CCS) facility, reinforcing U.S. leadership in energy innovation [2]. - Gevo is recognized for owning the world's first production facility for specialty alcohol-to-jet (ATJ) fuels and chemicals [2]. - The company's market-driven "pay for performance" approach ensures value delivery to the local economy through sustainability attributes [2]. - Through its Verity subsidiary, Gevo enhances transparency and efficiency in tracking and verifying supply chain attributes [2].
Gevo to Participate in Virtual Fireside Chat
Globenewswire· 2025-07-08 13:00
Core Insights - Gevo, Inc. is hosting a virtual fireside chat featuring its CFO and VP of Finance and Strategy on July 9, 2025, at 10:00 am ET, aimed at engaging investors and interested parties [1] Company Overview - Gevo is a 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 renewable products, including synthetic 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 a 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 market-driven "pay for performance" approach ensures value delivery to the local economy while promoting transparency and efficiency in the supply chain through its Verity subsidiary [2]
CHAR Tech Announces Extension of Term Warrants, RSU and Options Grant
Globenewswire· 2025-06-20 12:00
Group 1 - CHAR Technologies Ltd. has amended up to 2,750,000 common share purchase warrants, extending the expiration date from July 5, 2025, to July 5, 2026, subject to TSX Venture Exchange approval [1] - The exercise price of the warrants is set at $0.70, and the net proceeds from their exercise will be used for general corporate purposes [1] - The amendment constitutes a related party transaction as ArcelorMittal is considered a related party, and the company is relying on exemptions from formal valuation and minority shareholder approval requirements [2] Group 2 - The Board of Directors has approved the grant of 25,000 stock options to a consultant, exercisable at $0.28 per common share, expiring on February 7, 2030 [3] - Additionally, 83,629 Restricted Share Units (RSUs) have been granted to a consultant, which will fully vest after one year [3] - These grants are subject to the company's Amended and Restated Omnibus Long-Term Incentive Plan and require TSX Venture Exchange approval [3] Group 3 - CHAR Technologies utilizes high temperature pyrolysis (HTP) technology to process unmerchantable wood and organic wastes, generating renewable natural gas (RNG) or green hydrogen and solid biocarbon [4] - The HTP technology aligns with the global green energy transition by diverting waste from landfills and producing sustainable clean energy for decarbonizing heavy industry [5]