Added to YB: 2024-11-11
Pitch date: 2024-11-09
GEVO [bearish]
Gevo, Inc.
-50.65%
current return
Author Info
Iceberg Research identifies substantial earnings misrepresentation and accounting irregularities in financial statements issued by public companies. Sign up for the newsletter.
Company Info
Gevo, Inc. operates as a carbon abatement company. It operates in three segments: Gevo, GevoFuels, and GevoRNG.
Market Cap
$464.7M
Pitch Price
$1.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
-403.25
P/E
-9.90
EV/Sales
4.68
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Gevo Inc (GEVO): A Potential Short Play with Uncertain Future in Sustainable Fuel
GEVO short: DOE's $1.46B loan at risk under Trump. ATJ more expensive than HEFA, relies on expiring tax credits. EU 6% SAF mandate by 2030 covered by HEFA. US voluntary 12% SAF unlikely. Corn feedstock banned in EU. Poor track record, cash burn, dilution. Speculative project prone to failure.
Read full article (2 min)