Gevo (GEVO) Stock Rockets On Water Research Announcement

Gevo Inc GEVO Stock News

Gevo Inc (NASDAQ: GEVO) is running for the top in the market this morning, setting the stage for a strong trading session ahead. The gains come after the company announced that it would be taking part in a chat series. Here’s what’s going on:

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GEVO Climbs On Water Research Chat

In the press release, Gevo said that its CEO, Dr. Patrick Gruber, will participate in the Water Tower Research Fireside Chat Series. During the chat series, Dr. Gruber will discuss Project Finance and the company’s growth strategy.

The chat will take part on October 8, 2020 at 12:00 pm EDT. To register for the chat, click here.

In the release, GEVO explained that the live event will be limited but a recording of the chat will be available following the live event.

There Are Plenty Of Reasons To Be Excited About GEVO

The Water Tower Research Fireside Chat isn’t the only reason to be excited about Gevo. The company has been making strides and, in my view, will become the cornerstone in clean fuels of the future.

The company’s claim to fame is its process it uses to produce fuels from renewable feedstock. The company’s fuels have been used to power airplanes full of passengers and other modes of off-road transportation.

Moreover, demand for the company’s clean fuels is flying. In fact, the company has more than $1.5 billion in long-term supply agreements to provide its clean fuels to multiple distributors.

The fact of the matter is that the world is working to reduce its carbon footprint. One of the best ways to do so is to address the fossil fuels that are burnt in the transportation sector. With GEVO already having the technology and process in place to produce mass amounts of clean fuel, it is far more than one step ahead of the competition and will likely become the leader in the space in the long-term, making GEVO stock one to watch closely.

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