GEVO Stock Price
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Stock Overview
This “Stock Overview” table offers a snapshot of a company’s performance.
Price: This is the current market value, telling you how much one share costs.
Change: This shows how much the price moved compared to yesterday, green for up, red for down.
Volume: This tells you how many shares were traded, suggesting activity and investor interest.
High/Low/Open: These show the price range during the day and where it started (open) and finished (close).
Previous Close: This is yesterday’s closing price, providing context for today’s change.
52-Week High/Low: These tell you the stock’s peak and valley over the past year, helping assess current price relative to its broader trend.
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History of Gevo, Inc.
Gevo’s journey began in 2005, founded by Dr. Patrick Gruber, a pioneer in the renewable fuels space. Driven by a vision of a greener future, the company set out to revolutionize the energy sector with bio-based alternatives to petroleum products.
2008 marked a significant milestone: Gevo entered the public arena, listing on the NASDAQ under the ticker symbol GEVO. This move provided crucial capital and fueled their ambitious expansion plans.
2010 saw a historic achievement: Gevo earned the first-ever EPA certification for isobutanol as a fuel blendstock. This key intermediate paved the way for the production of their sustainable gasoline, diesel, and jet fuel.
The following years were filled with action and progress. Gevo’s first commercial-scale isobutanol facility in Luverne, Minnesota, came online in 2014, followed by a second in Sisseton, South Dakota, in 2018. Their commitment to production expansion only intensified with the construction of a third facility in Nettuno, Italy, in 2020.
Gevo’s impact wasn’t limited to domestic soil: in 2019, they partnered with Honeywell to produce sustainable aviation fuel (SAF), a game-changer for decarbonizing the aviation industry. This collaboration yielded tangible results – in 2021, Gevo delivered their first commercial shipment of SAF to Alaska Airlines, marking a landmark moment in sustainable aviation.
The momentum continued in 2022, with another major partnership forged with Delta Air Lines to further propel the SAF revolution. Today, Gevo remains at the forefront of the renewable fuels scene, continuously expanding their production capacity and forging strategic partnerships to combat climate change.
Their name, derived from the Latin “gigno” meaning “to beget” or “to produce,” speaks volumes about their core mission. Through their proprietary fermentation process and versatile isobutanol platform, Gevo offers a range of environmentally friendly fuels and chemicals, including gasoline, diesel, jet fuel, and even plastics.
The most impressive aspect of Gevo’s products lies in their sustainability. Every fuel and chemical produced boasts EPA certification for negative greenhouse gas emissions, actively reducing the amount of carbon dioxide in the atmosphere.
Gevo’s story is one of unwavering dedication to environmental stewardship and technological innovation. As they continue to grow and forge alliances, their impact on a cleaner, more sustainable future becomes increasingly evident. With their vision for a world powered by renewable resources, Gevo paves the way for a brighter tomorrow.
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