Praj and Gevo Enter Development & Commercialization Agreement for BioIBA in India

Gevo (GEVO) shares rose 5.8% after completing a sale of 10,000 carbon removal credits, aiming for $30M annual revenue from its carbon business. The stock later cooled to $1.37, up 5%. Gevo's shares are highly volatile, down 33.7% YTD and 50.8% from its 52-week high.

Gevo, Inc. (NASDAQ: GEVO) announced the sale of $70 million in Section 45Z tax credits, with $30 million received by September 30. The credits were sold to a public company and Quill Financial, Inc. Gevo expects additional credits worth $7-10 million in 2027. The company plans to reinvest proceeds into low-cost clean fuel production, aiming to enhance shareholder value.

Murphy Oil (NYSE:MUR) reported Q2 revenue of $928.3M, up 33.5% YoY, beating estimates. The stock rose 7% post-earnings. The article also covers other mixed or offshore upstream E&P stocks, including Granite Ridge Resources (NYSE:GRNT), Peabody Energy (NYSE:BTU), Seadrill (NYSE:SDRL), and Gevo (NASDAQ:GEVO), highlighting their Q2 performances and stock movements.

Gevo, a US low-carbon fuels producer, expanded responsibilities of three executives to support its North Dakota site expansion and target over $60M in adjusted EBITDA by 2026, according to the company.

Gevo (GEVO) reported Q2 2026 revenue of $47 million, up 7% year over year, and non-GAAP adjusted EBITDA of $11 million. Full-year 2026 adjusted EBITDA guidance is now above $60 million. The company targets $70 million of 45Z tax credit monetization in 2026 and recorded a $176 million noncash impairment tied to exiting its ATJ-60 project.

Gevo (NASDAQ:GEVO) reported Q2 CY2026 results. Revenue rose 7.1% year on year to $46.5 million, beating Wall Street estimates by 4.2%, and GAAP EPS loss was $0.75 per share versus a higher consensus loss. Adjusted EBITDA beat estimates by 22.4%. The stock rose 9.7% to $1.59 after the report.