• Verde Clean Fuels reports Q2 2025 results
• Advances commercial production plants and FEED for Permian Basin project
• Proposes natural gas-to-gasoline plant with Diamondback subsidiary
• Continues evaluating other deployment opportunities
• Remains disciplined with technology deployment.
Verde Clean Fuels, Inc. (NASDAQ: VGAS) today reported its financial results for the second quarter and first half of 2025, highlighting ongoing advancements in its commercial production plans and front-end engineering and design (FEED) for the Permian Basin project. The company continues to evaluate potential deployment opportunities while maintaining a disciplined approach to resource utilization.
For the three months ended June 30, 2025, Verde Clean Fuels recorded a net loss of $(2.5) million and a diluted net loss per share of Class A common stock of $(0.07). Over the six months ended June 30, 2025, the company reported a net loss of $(5.2) million and a diluted loss per share of $(0.15). These losses were primarily attributed to ongoing general and administrative expenses [1].
The company's cash and cash equivalents stood at $62.1 million as of June 30, 2025, with no debt. Additionally, $2.2 million of FEED costs related to the proposed Permian Basin project were capitalized, net of amounts reimbursable under the joint development agreement with Cottonmouth, a wholly owned subsidiary of Diamondback [1].
Verde Clean Fuels is focused on deploying its proprietary liquid fuels processing technology through commercial production plants. The company is currently advancing front-end engineering and design for the Permian Basin project, a natural gas-to-gasoline plant that would utilize its technology and associated natural gas from Diamondback’s operations [1]. The company also continues to identify and evaluate other potential opportunities to deploy its technology while remaining disciplined with its resources [1].
The company's net loss for the three and six months ended June 30, 2025, was primarily due to ongoing general and administrative expenses. As of June 30, 2025, the company had cash and cash equivalents of $62.1 million and no debt. Also as of June 30, 2025, the company had capitalized $2.2 million of FEED costs related to the proposed Permian Basin project, net of amounts reimbursable under the joint development agreement between Verde and Cottonmouth [1].
Verde Clean Fuels, Inc. is a clean fuels company focused on the deployment of its innovative and proprietary liquid fuels processing technology through development of commercial production plants. Verde's synthesis gas ("syngas")-to-gasoline plus (STG+®) process converts syngas, derived from diverse feedstocks, into fully finished liquid fuels that require no additional refining. Verde is currently focused on opportunities to convert associated natural gas into gasoline, which is expected to provide a market for such natural gas with the added potential benefits of flare mitigation and production of gasoline with a lower carbon intensity than conventional gasoline [1].
References:
[1] https://www.marketscreener.com/news/verde-clean-fuels-inc-reports-q2-2025-results-ce7c51d8d88bf322
[2] https://finance.yahoo.com/news/verde-clean-fuels-inc-reports-201500851.html
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