Gevo, Inc. (GEVO)
| Market Cap | 351.40M |
| Revenue (ttm) | 15.59M |
| Net Income (ttm) | -79.51M |
| Shares Out | 231.19M |
| EPS (ttm) | -0.33 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,561,667 |
| Open | 1.460 |
| Previous Close | 1.460 |
| Day's Range | 1.450 - 1.540 |
| 52-Week Range | 0.480 - 3.390 |
| Beta | 2.84 |
| Analysts | Buy |
| Price Target | 8.63 (+467.76%) |
| Earnings Date | Nov 7, 2024 |
About GEVO
Gevo, Inc. operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein. The company was formerly known as Methanotech, Inc. and changed its name to Gevo, Inc. in March 2006. Gevo, Inc. was incorporated in 20... [Read more]
Financial Performance
In 2023, Gevo, Inc.'s revenue was $17.20 million, an increase of 1363.83% compared to the previous year's $1.18 million. Losses were -$66.22 million, -32.44% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for GEVO stock is "Buy." The 12-month stock price forecast is $8.63, which is an increase of 467.76% from the latest price.
News
Gevo and LG Chem Extend Joint Development Agreement for Bio-Propylene to Accelerate Commercialization Using Gevo Ethanol-to-Olefins Technology
The renewed commitment by both partners accelerates efforts to scale up commercialization ahead of the original timeline The renewed commitment by both partners accelerates efforts to scale up commerc...
Gevo's Acquisition of Assets in North Dakota Proceeds Following Approval Vote by Red Trail Energy's Equity Holders
Red Trail Energy, LLC, based in Richardton, North Dakota, held a vote of its equity holders to vote to approve Gevo's acquisition of its ethanol production plant and carbon capture and sequestration a...
Gevo to Participate in Fireside Chat With H.C. Wainwright
ENGLEWOOD, Colo., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that Lindsay Fitzgerald, Gevo's Executive Vice President of Corporate Affairs, and Dr. Eric Frey, Gevo's ...
Gevo to Participate in Virtual Investor Meeting
ENGLEWOOD, Colo., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that Leke Agiri, Gevo's Executive Vice President of Finance, will participate in a Renmark Virtual Non-De...
Gevo, Inc. (GEVO) Q3 2024 Earnings Call Transcript
Gevo, Inc. (NASDAQ:GEVO) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Eric Frey - Vice President, Finance & Strategy Patrick Gruber - Chief Executive Officer Lynn...
Gevo Reports Third Quarter 2024 Financial Results
ENGLEWOOD, Colo., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the third quarter 2024 and recent corpo...
Gevo to Report Third Quarter 2024 Financial Results on November 7, 2024
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 fina...
Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan
Shares of renewable-chemicals and biofuels company Gevo continued their rally Friday, lifted by a $1.46 billion loan commitment from the U.S. Energy Department earlier this week.
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of Energy...
Gevo Secures Conditional Commitment from U.S. Department of Energy Loan Programs Office for its Net-Zero 1 Sustainable Aviation Fuel Plant in South Dakota
This conditional commitment signals the strength of the project to finance the world's first large-scale net-zero-emissions alcohol-to-jet production facility This conditional commitment signals the s...
October's 4 Best Penny Stocks: High-Risk, High-Reward Picks
Most investors' definition of a penny stock has broadened to include not just companies trading at less than $1 per share, but also those with slightly higher stock prices up to about $5 per share. Re...
Gevo Acquires CultivateAI for its Verity Business Unit
ENGLEWOOD, Colo., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) has acquired Cultivate Agricultural Intelligence, LLC (“CultivateAI”) for $6 million in cash, with the opportunity for th...
Gevo, Inc. Announces Sale of Approximately $20 Million of Investment Tax Credits Generated by the Gevo NW Iowa RNG Facility Under Inflation Reduction Act, Helping to Drive Further Investment in Clean Energy
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....
U.S. Grants Gevo a Patent for Breakthrough Ethanol-to-Olefin Process
Next Generation Process with Potential to Lower Capital and Operating Costs for Producing Chemicals, SAF and Other Fuels Next Generation Process with Potential to Lower Capital and Operating Costs for...
Tortoise Capital Announces Index Updates for Third Quarter 2024 and Change of Methodology for the Tortoise North American Pipeline Indexsm (TNAP)
OVERLAND PARK, KS / ACCESSWIRE / September 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the third quarte...
Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-Carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainable Aviation Fuel, Hydrocarbons, and Chemicals
ENGLEWOOD, Colo., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that it has entered into a defin...
Gevo to Supply Renewable Hydrocarbon-Based Low-Carbon Intensity Racing Fuel Blendstock to Shell
ENGLEWOOD, Colo., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced a purchase agreement for its low-carbon intensity fuel blendstock with Shell Global Solutions Deutschland GmbH (...
New Report Finds There are $4-6 in Benefits to the U.S. Economy for Every $1 of Federal SAF Incentives at Gevo's Net-Zero 1 Facility
Research by Charles River Associates (“CRA”) demonstrates clear economic and environmental benefits utilizing this business system Research by Charles River Associates (“CRA”) demonstrates clear econo...
Gevo, Inc. (GEVO) Q2 2024 Earnings Call Transcript
Gevo, Inc. (NASDAQ:GEVO) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Eric Frey - VP, Finance &Strategy Patrick Gruber - CEO Lynn Smull - CFO Paul Bloom - Chief Car...
Gevo Reports Second Quarter 2024 Financial Results
ENGLEWOOD, Colo., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the second quarter 2024 and recent corp...
Gevo to Report Second Quarter 2024 Financial Results on August 8, 2024
ENGLEWOOD, Colo., July 17, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on August 8, 2024, at 4:30 p.m. ET (2:30 p.m. MT) to report its financ...
Gevo Provides Renewable Natural Gas Production Update
ENGLEWOOD, Colo., July 15, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that its renewable natural gas (“RNG”) business recently achieved record production levels.
Gevo President and Chief Operating Officer, Dr. Chris Ryan, to Participate in Virtual Investor Meeting
ENGLEWOOD, Colo., May 14, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that Dr. Chris Ryan, President and Chief Operating Officer, will participate in a Renmark Virtual Non-Deal...
Gevo's Verity and ClearFlame Announce Transportation Decarbonization Collaboration
ENGLEWOOD, Colo., May 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), along with its wholly owned subsidiary, Verity Holdings, LLC, (“Verity”), and ClearFlame Engine Technologies, Inc., (“Clea...
Gevo, Inc. (GEVO) Q1 2024 Earnings Call Transcript
Gevo, Inc. (NASDAQ:GEVO) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Eric Frey - VP, Finance &Strategy Patrick Gruber - CEO Lynn Smull - CFO Chris Ryan - President & ...