earnings
confidence high
sentiment neutral
materiality 0.50
Verde Clean Fuels Q1 net loss $2.7M; closes $50M equity investment from Cottonmouth
Verde Clean Fuels, Inc.
2026-Q1 EPS reported
-$0.08
- Net loss of $2.7M and diluted EPS of $(0.08) for Q1 2025.
- Cash and cash equivalents of $65.3M as of March 31, 2025; no debt.
- Closed $50M equity investment from Cottonmouth (Diamondback sub) at $4.00/share for 12.5M shares on Jan 29, 2025.
- Advancing FEED for Permian Basin natural gas-to-gasoline project; new site identified with improved utility access.
- Capitalized $1.5M of FEED costs net of reimbursements under joint development agreement.