Below are the latest news stories about Gevo Inc that investors may wish to consider to help them evaluate GEVO as an investment opportunity.
For the second day in a row, renewable fuels company Gevo (NASDAQ: GEVO) charged higher on Thursday, topping a 4.6% gain as of 1 p.m. EST. Last week, if you recall, I explained how Gevo had mentioned in an SEC filing that it had converted $12.7 million worth of "12% convertible senior secured notes due 2020/2021" from debt into equity, issuing 5.7 million new shares of common stock and diluting its shareholders a bit -- but rendering its convertible debt "fully paid and terminated as of Dec. 31, 2020." In short, both yesterday's rally and today's appear to have been sparked by Gevo reiterating something that it had already told investors. Yahoo | January 7, 2021 |
During Q3, Gevo's (NASDAQ:GEVO) reported sales totaled $192.00 thousand. Despite a 16.09% in earnings, the company posted a loss of $6.10 million. Gevo collected $988.00 thousand in revenue during Q2, but reported earnings showed a $5.26 million loss.What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q3, Gevo posted an ROCE of -0.05%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings... Yahoo | January 7, 2021 |
ENGLEWOOD, Colo., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that as of December 31, 2020 it had paid off the entire outstanding balance of $12.7 million of Gevo’s 12.0% Convertible Senior Secured Notes (the “Notes”) exchanged and issued to Whitebox Advisors LLC (“Whitebox”) on January 10, 2020. On December 23, 2020 and December 29, 2020, the holders of the Notes converted the remaining $12.7 million in aggregate outstanding principal amount of Notes (including the applicable make-whole payment) into an aggregate of 5,672,654 shares of common stock pursuant to the terms of the indenture, which represented the entire outstanding principal amount of the Notes. The conversion of the Notes saved Gevo $12.7 million in cash and reduced the general corporate ... Yahoo | January 6, 2021 |
ENGLEWOOD, Colo., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it has engaged Koch Project Solutions, LLC ("Koch") to provide front end engineering, design and project execution management services for the expansion projects that Gevo is in the process of financing with Citigroup Global Markets, Inc. "The world is changing rapidly. We appreciate being able to tap into Koch Project Solutions, a subsidiary of Koch Industries, and their vast experience. Gevo's focus is on drop-in renewable resource-based hydrocarbons with a massively reduced carbon footprint. These hydrocarbons are the same as those derived from fossil-based oil, except that we make them from renewable resources. Because we use renewable resources, we can see how to reduce and eliminate... Yahoo | January 4, 2021 |
NEW YORK, Dec. 30, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GEVO, OCGN, RIOT, MTNB, and BLNK. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link…. PR Newswire | December 30, 2020 |
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