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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-股票市場新聞、股票建議和交易提示
Gevo (NASDAQ:GEVO) stock is taking off on Monday after the company revealed a fuel deal with airline organization Oneworld Alliance.
Gevo納斯達克(Alipay:Gevo)股價週一上漲,此前該公司公佈了與航空公司組織寰宇一家聯盟達成的燃油協議。
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.
根據一份新聞稿,Oneworld Alliance的某些成員計劃每年購買多達2億加侖的燃料。Gevo表示,預計2027年開始交付,持續五年。
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為航空公司提供可持續航空燃料(SAF),幾家公司對此感興趣。在希望改用SAF的OneWorld聯盟成員中有阿拉斯加航空公司(紐約證券交易所代碼:ALK),美國航空公司(納斯達克:AAL), 英國航空公司, 芬蘭航空公司(OTCMKTS:FNNNF),日本航空公司(OTCMKTS:JAPSY),以及卡塔爾航空公司。這將在聖地亞哥、舊金山、聖何塞和洛杉磯國際機場提供燃料。
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.
那麼,Gevo有望從這筆交易中獲得多少收入呢?該公司預計這五年的總收入將達到8億美元。交易中的SAF將由轉化為乙醇的玉米產品製成,然後再轉化為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首席執行官帕特里克·R·格魯伯博士就今天提振公司股價的消息説了以下幾句話。
"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."
當One World成員航空公司表明他們理解減少化石碳温室氣體排放的重要性時,他們就開始在這個行業做出真正的改變。從噴氣燃料的生命週期中消除基於化石的排放是我們的使命。淨零SAF是我們所有人都想要的。我很高興One World加入了這一行列。
GEVO stock is up 6.2% as of Monday morning.
截至週一上午,Gevo股價上漲6.2%。
Investors on the lookout for the latest stock market news are in luck!
關注最新股市消息的投資者走運了!
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!
投資商位置擁有交易員週一需要了解的所有最新股市報道!幾個例子包括正在發生的事情帝國石油公司(納斯達克:IMPP)股票,Vinco Ventures(納斯達克:BBIG)股票,以及阿勒格哈尼(紐約證券交易所代碼:Y)股票。你可以在以下鏈接中找到所有這些新聞!
More Stock Market News for Monday
更多週一股市新聞
- Why Is Imperial Petroleum (IMPP) Stock Down Today?
- Why Is Vinco Ventures (BBIG) Stock Up Today?
- Why Is Alleghany Corporation (Y) Stock Up Today?
- 帝國石油(IMPP)的股票今天為什麼下跌?
- 為什麼Vinco Ventures(BBIG)的股票會在今天出現上漲?
- 為什麼阿萊格尼公司(Alleghany Corporation)的股票今天會上漲?
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·懷特沒有(直接或間接)持有本文所述證券的任何頭寸。本文表達的觀點是作者的觀點,以InvestorPlace.com為準出版指南.
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.
除了最罕見的例外,InvestorPlace不會發布關於市值低於1億美元或每天交易量低於10萬股的公司的評論。這是因為這些“廉價股”經常是詐騙藝術家和市場操縱者的遊樂場。如果我們真的對可能受我們的評論影響的低成交量股票發表評論,我們要求 InvestorPlace.com該書的作者披露了這一事實,並警告讀者其中的風險。
Read More: Penny Stocks — How to Profit Without Getting Scammed
閲讀更多信息: 細價股-如何在不上當的情況下獲利
The post Gevo News: The Airline Fuel Deal That Has GEVO Stock Nosing Higher Today appeared first on InvestorPlace.
Gevo News的帖子:航空燃油交易讓Gevo股價今天走高,首先出現在InvestorPlace上。
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在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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