Aemetis Stock Price, News & Analysis

Aemetis, Inc. (NASDAQ: AMTX) has announced the acquisition of an 8.5-acre property on Faith Home Road for $2 million. Located near the Aemetis Keyes ethanol plant, this strategic site will support the company’s Carbon Zero projects, including renewable natural gas (RNG) and carbon capture and sequestration (CCS). The acquisition enhances access to transportation infrastructure and biogas resources, crucial for the ongoing Carbon Zero initiatives, which aim to produce low-carbon fuels to replace fossil fuels in various vehicles.

Aemetis, Inc. (NASDAQ: AMTX) has signed a seven-year offtake agreement with Finnair for 17.5 million gallons of blended sustainable aviation fuel (SAF), valued at approximately $70 million. The SAF, comprising 40% SAF and 60% Petroleum Jet A, will be produced at Aemetis' renewable jet/diesel plant in Riverbank, California, with deliveries starting in 2025. This contract is part of a larger $2 billion initiative by the one world Alliance to reduce aviation's environmental impact, supporting Finnair's goal for carbon neutrality by 2045.

Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company, has signed a significant offtake agreement with Qantas Group for 35 million gallons of blended sustainable aviation fuel (SAF) over seven years, valued at approximately $250 million. The agreement supports Qantas's goal for net zero emissions by 2050. The SAF, composed of 40% SAF and 60% Petroleum Jet A, will be produced at Aemetis's renewable plant in California, with deliveries expected to commence in 2025. This initiative aims to substantially reduce aviation's carbon footprint.

Aemetis, Inc. (AMTX) reported a 28% year-over-year revenue increase, reaching $212 million for 2021, driven by rising demand for low-carbon fuels. The company's gross profit improved to $7.9 million, although it was lower than $11 million in 2020 due to fluctuating margins. Operating loss widened to $15.8 million, with a net loss of $47.1 million for the year. Significant capital investments of $30.9 million were made in carbon reduction projects. Aemetis secured $100 million in credit facilities to fund ongoing projects, indicating financial support for future growth.

Aemetis, Inc. (NASDAQ: AMTX) has begun commissioning a $12 million biogas-RNG upgrading facility at its Keyes ethanol plant, set for completion in April 2022. The facility will produce utility-grade renewable natural gas (RNG) from dairy biogas, enabling sales to trucks and buses as a replacement for petroleum diesel. Aemetis plans to invest over $300 million to build 66 dairy digesters and develop a biogas pipeline, targeting an annual output of 1.5 million MMBtu of dairy RNG. This initiative supports Aemetis' mission to provide low carbon intensity transportation fuels.

Aemetis, Inc. (NASDAQ: AMTX) will host a conference call on March 10, 2022, at 11 AM PST to discuss its fourth quarter and year-end 2021 earnings report. Investors can join the call by dialing a toll-free number or via an international line, with a live webcast available on the company's website. Aemetis is focused on transforming renewable energy with below-zero carbon intensity fuels, including sustainable aviation fuel and renewable diesel. The company aims to decarbonize transportation while enhancing its biogas digester network and ethanol production capabilities.

Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company, has announced the closing of two new credit facilities totaling up to $100 million. These facilities, offered by Third Eye Capital, feature lower interest rates of 8% for capital projects and 10% for working capital. The financing aims to fund projects that reduce carbon intensity, including upgrades to the Keyes ethanol plant and the development of a sustainable aviation fuel plant. Aemetis has also entered into significant supply agreements worth $3.2 billion for renewable diesel and $2.5 billion for sustainable aviation fuel.

Aemetis (NASDAQ:AMTX) announced its 2022 Five Year Plan, projecting $1.5 billion in revenue and $461 million in adjusted EBITDA by 2026. This reflects a compound annual growth rate of 39% in revenue and 79% in EBITDA from 2022 to 2026. The growth is largely driven by dairy Renewable Natural Gas and the Carbon Zero renewable jet/diesel project. The company secured $5.7 billion in offtake agreements and has received substantial grant funding to support its green initiatives.

Aemetis, Inc. (NASDAQ: AMTX) announced that Andy Foster, President of Aemetis Advanced Fuels, has joined the Board of Directors for Opportunity Stanislaus, a regional economic development agency in California. Foster, with extensive leadership experience since Aemetis' founding in 2006, manages substantial renewable fuel projects and investments exceeding $150 million. His appointment is expected to enhance economic growth and job opportunities in Stanislaus County, leveraging a supportive environment for businesses. Aemetis focuses on renewable natural gas and biofuels, aiming to decarbonize transportation.