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Gevo News: The Airline Fuel Deal That Has GEVO Stock Nosing Higher Today
Gevo News: The Airline Fuel Deal That Has GEVO Stock Nosing Higher Today
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Gevo (NASDAQ:GEVO) stock is taking off on Monday after the company revealed a fuel deal with airline organization Oneworld Alliance.
According to a press release, certain members of Oneworld Alliance plan to purchase as much as 200 million gallons of fuel per year. Gevo says it expects deliveries to start in 2027 and last for five years.
Gevo provides airlines with sustainable aviation fuel (SAF) and several companies are interested in it. Among the Oneworld Alliance members that want to switch to SAF are Alaska Airlines (NYSE:ALK), American Airlines (NASDAQ:AAL), British Airways, Finnair (OTCMKTS:FNNNF), Japan Airlines (OTCMKTS:JAPSY), and Qatar Airways. This will have the fuel available at San Diego, San Francisco, San Jose, and Los Angeles International Airports.
So how much can Gevo expect to bring in from this deal! The company is expecting total revenue over the five-year period to reach $800 million. The SAF in the deal will be made from corn products turned into ethanol, which will then be converted into SAF.
- 9 Gold Stocks to Buy as Global Fears Rise
Dr. Patrick R. Gruber, CEO of Gevo, said the following about the news boosting the company's stock today.
"When oneworld member airlines show they understand the importance of reducing fossil-carbon greenhouse gas emissions, they start making real change in the industry. Eliminating fossil-based emissions from the life-cycle of jet fuel is our mission. Net-Zero SAF is what we all want. I'm pleased that oneworld is on board."
GEVO stock is up 6.2% as of Monday morning.
Investors on the lookout for the latest stock market news are in luck!
InvestorPlace has all the most recent stock market coverage that traders need to know about for Monday! A few examples include what's happening with shares of Imperial Petroleum (NASDAQ:IMPP) stock, Vinco Ventures (NASDAQ:BBIG) stock, and Alleghany (NYSE:Y) stock. You can find all of this news at the following links!
More Stock Market News for Monday
- Why Is Imperial Petroleum (IMPP) Stock Down Today?
- Why Is Vinco Ventures (BBIG) Stock Up Today?
- Why Is Alleghany Corporation (Y) Stock Up Today?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That's because these "penny stocks" are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com's writers disclose this fact and warn readers of the risks.
Read More: Penny Stocks — How to Profit Without Getting Scammed
The post Gevo News: The Airline Fuel Deal That Has GEVO Stock Nosing Higher Today appeared first on InvestorPlace.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
InvestorPlace-股票市场新闻、股票建议和交易提示
Gevo (NASDAQ:GEVO) stock is taking off on Monday after the company revealed a fuel deal with airline organization Oneworld Alliance.
Gevo纳斯达克(Alipay:Gevo)股价周一上涨,此前该公司公布了与航空公司组织寰宇一家联盟达成的燃油协议。
According to a press release, certain members of Oneworld Alliance plan to purchase as much as 200 million gallons of fuel per year. Gevo says it expects deliveries to start in 2027 and last for five years.
根据一份新闻稿,Oneworld Alliance的某些成员计划每年购买多达2亿加仑的燃料。Gevo表示,预计2027年开始交付,持续五年。
Gevo provides airlines with sustainable aviation fuel (SAF) and several companies are interested in it. Among the Oneworld Alliance members that want to switch to SAF are Alaska Airlines (NYSE:ALK), American Airlines (NASDAQ:AAL), British Airways, Finnair (OTCMKTS:FNNNF), Japan Airlines (OTCMKTS:JAPSY), and Qatar Airways. This will have the fuel available at San Diego, San Francisco, San Jose, and Los Angeles International Airports.
Gevo为航空公司提供可持续航空燃料(SAF),几家公司对此感兴趣。在希望改用SAF的OneWorld联盟成员中有阿拉斯加航空公司(纽约证券交易所代码:ALK),美国航空公司(纳斯达克:AAL), 英国航空公司, 芬兰航空公司(OTCMKTS:FNNNF),日本航空公司(OTCMKTS:JAPSY),以及卡塔尔航空公司。这将在圣地亚哥、旧金山、圣何塞和洛杉矶国际机场提供燃料。
So how much can Gevo expect to bring in from this deal! The company is expecting total revenue over the five-year period to reach $800 million. The SAF in the deal will be made from corn products turned into ethanol, which will then be converted into SAF.
那么,Gevo有望从这笔交易中获得多少收入呢?该公司预计这五年的总收入将达到8亿美元。交易中的SAF将由转化为乙醇的玉米产品制成,然后再转化为SAF。
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Dr. Patrick R. Gruber, CEO of Gevo, said the following about the news boosting the company's stock today.
Gevo首席执行官帕特里克·R·格鲁伯博士就今天提振公司股价的消息说了以下几句话。
"When oneworld member airlines show they understand the importance of reducing fossil-carbon greenhouse gas emissions, they start making real change in the industry. Eliminating fossil-based emissions from the life-cycle of jet fuel is our mission. Net-Zero SAF is what we all want. I'm pleased that oneworld is on board."
当One World成员航空公司表明他们理解减少化石碳温室气体排放的重要性时,他们就开始在这个行业做出真正的改变。从喷气燃料的生命周期中消除基于化石的排放是我们的使命。净零SAF是我们所有人都想要的。我很高兴One World加入了这一行列。
GEVO stock is up 6.2% as of Monday morning.
截至周一上午,Gevo股价上涨6.2%。
Investors on the lookout for the latest stock market news are in luck!
关注最新股市消息的投资者走运了!
InvestorPlace has all the most recent stock market coverage that traders need to know about for Monday! A few examples include what's happening with shares of Imperial Petroleum (NASDAQ:IMPP) stock, Vinco Ventures (NASDAQ:BBIG) stock, and Alleghany (NYSE:Y) stock. You can find all of this news at the following links!
投资商位置拥有交易员周一需要了解的所有最新股市报道!几个例子包括正在发生的事情帝国石油公司(纳斯达克:IMPP)股票,Vinco Ventures(纳斯达克:BBIG)股票,以及阿勒格哈尼(纽约证券交易所代码:Y)股票。你可以在以下链接中找到所有这些新闻!
More Stock Market News for Monday
更多周一股市新闻
- Why Is Imperial Petroleum (IMPP) Stock Down Today?
- Why Is Vinco Ventures (BBIG) Stock Up Today?
- Why Is Alleghany Corporation (Y) Stock Up Today?
- 帝国石油(IMPP)的股票今天为什么下跌?
- 为什么Vinco Ventures(BBIG)的股票会在今天出现上涨?
- 为什么阿莱格尼公司(Alleghany Corporation)的股票今天会上涨?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
在出版日期,威廉·怀特没有(直接或间接)持有本文所述证券的任何头寸。本文表达的观点是作者的观点,以InvestorPlace.com为准出版指南.
With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That's because these "penny stocks" are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com's writers disclose this fact and warn readers of the risks.
除了最罕见的例外,InvestorPlace不会发布关于市值低于1亿美元或每天交易量低于10万股的公司的评论。这是因为这些“廉价股”经常是诈骗艺术家和市场操纵者的游乐场。如果我们真的对可能受我们的评论影响的低成交量股票发表评论,我们要求 InvestorPlace.com该书的作者披露了这一事实,并警告读者其中的风险。
Read More: Penny Stocks — How to Profit Without Getting Scammed
阅读更多信息: 细价股-如何在不上当的情况下获利
The post Gevo News: The Airline Fuel Deal That Has GEVO Stock Nosing Higher Today appeared first on InvestorPlace.
Gevo News的帖子:航空燃油交易让Gevo股价今天走高,首先出现在InvestorPlace上。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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