Gevo is trading 9.79% up at $1.57 following a business update today, July 15, 2026, which outlined several key advancements:
- The company expects to more than double its previous non-GAAP Adjusted EBITDA estimates for the full year 2026, driven by actions taken in Q2 2026.
- Gevo completed a Canada Clean Fuel Regulation carbon intensity pathway for its low-carbon ethanol, opening new compliance carbon market opportunities.
- Gevo is targeting monetization of more than $70 million in Section 45Z tax credits during 2026, with cash proceeds expected in the second half of the year.
- The company is considering winding down activities related to sustainable aviation fuel production in Lake Preston, South Dakota, to concentrate on Project Northstar, with financing targeted for completion by the end of 2026.