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Thursday, February 6, 2020
Gevo, Inc. (GEVO)
Good to be Green – Initiating Coverage
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.
Large market opportunity for low carbon renewable fuels. Visible plan to execute. Attractive proprietary concept geared toward production of low carbon renewable transportation fuels. There is a clear fairway to producing ethanol with a lower carbon footprint and shifting toward renewable transportation fuels with lower carbon footprints. The first two phases have defined targets.
Solid progress to date on Phase 1 and shift toward low carbon ethanol under way. he startup of wind energy and the move toward renewable natural gas (RNG) production are significant marks of progress on Phase 1. Recent contract with…
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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
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