Movers and SHAKERS
Gevo, Inc. (GEVO)
Today's Update Should Highlight Upcoming Milestones
Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment and the Gevo Development/Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel, its Retrofit process and the next generation of chemicals and biofuels that will be based on its isobutanol technology. Gevo Development/Agri-Energy is the key revenue generating segment which involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.
Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Tune in for today’s fireside chat. Water Tower Research will host another fireside chat with Gevo management today at 2:30pm EST. CEO Dr. Patrick Gruber and Chief Commercial Officer Timothy Cesarek will discuss Gevo’s Business Pipeline, Contracts and Beyond Net-Zero 1. Details on the fireside chat are posted at www.gevo.com.
Supply agreement amended to boost volume to 5 MGPY. Scandinavian Airlines System (SAS) agreed to boost the minimum volume on the October 2019 fuel sales agreement to 5.0 million gallons per year (MGPY). Sales are expected to begin 2024 with product from the Net-Zero 2 plant. The estimated value of the contract exceeds $100 million, including SAF and environmental credits ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.