Verde Clean Fuels, Inc. Reports 2023 Results
Verde Clean Fuels, Inc. - Class A (VGAS)
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production plants to convert syngas derived from diverse feedstocks into gasoline, today reported full year 2023 GAAP diluted net loss per share of $(0.45). The full year net loss consists of ongoing general and administrative and research and development expenses related to the Company’s continuing focus on development of its first commercial facility based on Verde’s proprietary STG+® technology which is designed to produce gasoline utilizing either stranded natural gas or waste feedstocks.Business Update Highlights Through March 28, 2024Verde and Cottonmouth Ventures announced the execution of a Joint Development Agreement for the first deployment of Verde’s STG+ technology in the Permian Basin. On February 13, 2024, Verde and Cottonmouth Ventures, a subsidiary of Diamondback Energy (NASDAQ: FANG), announced the executi
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- Verde Clean Fuels, Inc. Announces Participation in Consortium Awarded US Department of Energy Funding for Study of Zero Emission Methanol Production TechnologyBusiness Wire
- Verde Clean Fuels, Inc. to Participate in Second Annual Wells Fargo Clean Energy SymposiumBusiness Wire
- Verde Clean Fuels, Inc. to Present at CERAWeek 2024Business Wire
- Verde Clean Fuels, Inc. and Cottonmouth Ventures LLC Announce Joint Development Agreement for a Proposed Natural Gas-to-Gasoline Facility in Permian BasinBusiness Wire