Aemetis Stock Price, News & Analysis

Aemetis, Inc. (NASDAQ: AMTX) achieved a key environmental permitting milestone as the Stanislaus County Board approved the Initial Study/Mitigated Negative Declaration for a 32-mile pipeline extension. This construction is part of the Aemetis Central Dairy Digester Project, aimed at utilizing biogas from local dairies. The project is expected to generate revenue through Low Carbon Fuel Standard and Renewable Fuel Standard credits. Construction starts in Q2 2021, targeting completion of 17 digesters and 36 miles of pipeline by Q2 2022, addressing approximately 25% of methane emissions from dairy waste lagoons in California.

Aemetis, Inc. (NASDAQ: AMTX) announced a supply agreement with the Andhra Pradesh State Road Transport Corp. (APSRTC) to deliver approximately 800,000 gallons of biodiesel monthly. This is expected to generate around $36 million annually, contributing 20% to the company’s biodiesel plant capacity. Aemetis, with a 50 million gallon capacity facility in India, aims to enhance its reputation in the biodiesel market and support the state's public transportation for its 84 million residents. The partnership is a significant step in the company's Five Year Plan, projected to yield a total of $180 million.

Aemetis, Inc. (NASDAQ: AMTX) announced a presentation at the Virtual Roth Capital Conference from March 15-17, 2021, led by Chairman and CEO Eric McAfee. The presentation will cover the Aemetis Five Year Plan, emphasizing projects like negative carbon intensity renewable natural gas and renewable jet/diesel fuel production. Key initiatives include the Aemetis Biogas Central Dairy Project and the Carbon Zero project. Aemetis aims to leverage grant funding to enhance its renewable fuel operations, including a planned 45 million-gallon renewable fuel plant in California.

Aemetis, a renewable fuels company, reported its financial results for 2020, revealing revenues of $166 million, down from $202 million in 2019. Despite challenges from COVID-19, revenues for ethanol production remained relatively stable at $112 million. Gross profit margins improved by 6%, while SG&A expenses decreased. However, net losses increased to $36.7 million, although this represented a 7% improvement over 2019's losses. The company is progressing on its Carbon Zero project and expanding its renewable natural gas initiatives, aiming for enhanced profitability in 2021.

Aemetis, Inc. (NASDAQ: AMTX) has announced a conference call scheduled for March 11, 2021, at 11 am PST to discuss its fourth quarter and year-end earnings report for 2020. Investors can dial in or access the live webcast via the company’s website. Aemetis specializes in renewable natural gas, fuels, and biochemicals, and is expanding its biogas digester network while operating facilities in California and India. The company is also developing a Carbon Zero renewable jet and diesel production facility.

Aemetis, Inc. (NASDAQ: AMTX) has announced a comprehensive five-year plan aimed at achieving $1.07 billion in revenues and $325 million in adjusted EBITDA by 2025. This plan projects a 35% CAGR in revenues and a 109% CAGR in EBITDA from 2021. The growth is primarily driven by California's dairy Renewable Natural Gas (RNG) and ‘Carbon Zero’ renewable jet/diesel plants. Notably, revenues from the Dairy RNG project are expected to soar from $9 million in 2021 to $175 million in 2025, while the renewable jet/diesel plants are projected to generate $467 million in revenues.

Aemetis (NASDAQ: AMTX) announced that Chairman and CEO Eric McAfee will present at the Credit Suisse 2021 Virtual Energy Summit from March 1-3, 2021. The presentation will focus on the company's carbon-negative renewable projects, including the Central Dairy Biogas Project and the Carbon Zero 1 renewable jet and diesel plant. This facility, located in Riverbank, California, aims to produce 23 million gallons per year using patented technology. Aemetis seeks to commercialize its Carbon Zero process, supported by $38 million in grants from various U.S. agencies.

Aemetis (NASDAQ: AMTX) has engaged Koch Project Solutions to provide engineering and project management for its expansion projects. The Carbon Zero 1 facility in California will produce about 23 million gallons of renewable jet fuel and diesel annually, utilizing hydrogen from waste biomass and powered by renewable sources. This project supports growing demand for low-carbon fuels amid increasing environmental commitments. Aemetis expects its renewable fuels to have a lifecycle greenhouse gas footprint below zero, leveraging funding from various US agencies.

Aemetis, Inc. (NASDAQ: AMTX) has initiated a bid proposal process for $2 billion of offtake contracts to launch its Aemetis Carbon Zero plant #1. This facility aims to produce renewable jet fuel and diesel from renewable hydrogen and waste biomass. Located in Riverbank, California, the plant will have a capacity of 23 million gallons annually. The Carbon Zero process enables users, including airlines and logistics firms, to reduce carbon emissions significantly. The project has received $38 million in support from various government entities, underscoring its potential impact on the transportation sector's carbon footprint.