Aemetis Stock Price, News & Analysis

Aemetis (NASDAQ: AMTX) will host a conference call on March 9, 2023, at 11 am PST to discuss its fourth quarter and year-end 2022 earnings report. Investors can participate via toll-free or international dial-in numbers or through a live webcast available on the company’s website. Aemetis focuses on renewable energy with a mission to provide below-zero carbon intensity transportation fuels. The company is known for its Carbon Zero production process aimed at decarbonizing the transportation sector. Aemetis operates an ethanol production facility in California and a biodiesel facility in India, along with developing sustainable aviation fuel and renewable diesel biorefineries.

Aemetis, a prominent producer of low-carbon dairy Renewable Natural Gas (RNG) and developer of Carbon Zero renewable fuels, has unveiled its updated Five Year Plan targeting $2.0 billion in revenues, $496 million in net income, and $682 million in Adjusted EBITDA by 2027. The plan anticipates a 43% compound annual growth rate in revenues and 77% in Adjusted EBITDA from 2023 to 2027. Key initiatives include expanding dairy RNG production, Sustainable Aviation Fuel (SAF), and Renewable Diesel (RD) plants. The Inflation Reduction Act is expected to enhance net income by $341 million by 2027. The company aims for significant revenue growth across product lines, particularly dairy RNG and SAF/RD.

Aemetis, a renewable natural gas and fuels company, hosted CDFA Secretary Karen Ross for a site tour on February 9, 2023, to discuss its leadership in the Circular Bioeconomy. The initiative focuses on integrating agricultural waste to produce low carbon intensity renewable fuels. Aemetis aims to capture methane from 60 dairy farms, reducing greenhouse gas emissions by an estimated 6.8 million metric tonnes over ten years. The company is also developing a sustainable aviation fuel facility in Riverbank, California, with contracts worth $7 billion. This project uses renewable hydrogen and aims to sequester 300,000 metric tonnes of CO2 annually.

Aemetis (NASDAQ: AMTX) has announced the acceptance of service for new infrastructure aimed at producing renewable natural gas (RNG) from dairy waste in California. Following the completion of a 36-mile biogas pipeline, two biogas digesters, and a biogas-to-RNG upgrading facility, Aemetis is expanding its operations to capture methane emissions from 60 dairy farms. This project aims to reduce greenhouse gas emissions by an estimated 6.8 million metric tonnes over ten years. The initiative is funded partly by a $4.2 million grant from the California Energy Commission and a $5 million grant from the CPUC. Aemetis plans to submit applications for CARB Pathway approval in February.

Aemetis has commenced construction of a 2 MW solar microgrid with a 1.25 MW battery storage system in California, aimed at producing carbon-free electricity. The solar array is expected to generate approximately 3.2 million kWh annually, reducing greenhouse gas emissions by about 8,000 MT CO2e per year. Funded by an $8 million grant from the California Energy Commission, the $12 million project is projected for completion in Q2 2023. This initiative is part of Aemetis’ efforts to enhance energy efficiency and reduce the carbon intensity of its fuels.

Aemetis, Inc. (NASDAQ:AMTX) reported a 44% revenue increase for Q3 2022, totaling $71.8 million compared to $50 million in Q3 2021, driven by ethanolsales and India biodiesel shipments. However, the EPS was $(0.46), impacted by a $1.55 per share preferred shareholder redemption charge. Significant capital investments of $13.7 million in carbon reduction projects were made. The net loss for Q3 was $69.8 million, partly due to a one-time redemption charge. Year-to-date revenue reached $190 million, with gross losses of $4.4 million. Aemetis closed $25 million in project financing and made advancements in low carbon initiatives.

Aemetis, Inc. (NASDAQ: AMTX) will host a conference call on November 3, 2022, at 11 am PST to discuss its third quarter 2022 earnings report. Participants can join via toll-free and international dial-in numbers, and a webcast will be available on the company's website. Aemetis focuses on renewable energy solutions, producing zero-carbon and low-carbon fuels aimed at decreasing greenhouse gas emissions. The company is engaged in expanding a biogas network in California and operates ethanol and biodiesel production facilities.

Aemetis, Inc. (NASDAQ: AMTX) announced the closing of $25 million in long-term financing with Greater Commercial Lending (GCL) to develop a biogas project in Stanislaus County, California. The financing, guaranteed by the USDA, aims to construct dairy biogas digesters and a pipeline to convert methane from dairy waste into renewable natural gas (RNG). This initiative is poised to capture over 1.65 MMBtu of dairy methane annually, potentially reducing greenhouse gas emissions equivalent to 6.8 million metric tonnes of CO2 over ten years.

Aemetis (NASDAQ: AMTX) has demonstrated a dual fuel system in partnership with the American Power Group, allowing diesel engines to run on up to 65% renewable natural gas (RNG) and 35% diesel. This technology offers significant cost savings, with annual fuel savings exceeding $30,000 per truck. The conversion cost is approximately $25,000 and can be completed in less than a day. Aemetis aims to produce carbon-negative fuels while maximizing agricultural waste usage. The patented system aligns with California's transition to cleaner energy and significantly reduces emissions from diesel-powered fleets.