Earnings summaries and quarterly performance for Verde Clean Fuels.
Executive leadership at Verde Clean Fuels.
Board of directors at Verde Clean Fuels.
Research analysts covering Verde Clean Fuels.
Recent press releases and 8-K filings for VGAS.
Verde Clean Fuels Suspends Permian Basin Project Development
VGAS
New Projects/Investments
Demand Weakening
- Verde Clean Fuels, Inc. (VGAS) announced the suspension of development of its Permian Basin project on February 6, 2026.
- The suspension is primarily due to changing market conditions driven by increasing demand for natural gas in the Permian Basin.
- The project was a joint development agreement with Cottonmouth Ventures, LLC, a wholly-owned subsidiary of Diamondback Energy, Inc., which was entered into in February 2024.
- A front-end engineering and design (FEED) study for the Permian Basin Project was completed in December 2025.
6 hours ago
Verde Clean Fuels Suspends Permian Basin Project Development
VGAS
New Projects/Investments
- Verde Clean Fuels, Inc. (VGAS) has suspended development of its Permian Basin project.
- The primary reason for the suspension is changing market conditions driven by increasing demand for natural gas in the Permian Basin.
- The project was a joint development agreement with Cottonmouth Ventures, LLC (a subsidiary of Diamondback Energy, Inc.) to develop a natural gas-to-gasoline plant using Verde's STG+® technology, with the agreement entered into in February 2024.
- A front-end engineering and design (FEED) study for the project was completed in December 2025.
- Verde plans to devote resources toward other opportunities in regions where natural gas is stranded or flared, and Cottonmouth remains its second-largest shareholder.
6 hours ago
Verde Clean Fuels, Inc. Reports Q3 2025 Financial Results
VGAS
Earnings
New Projects/Investments
- Verde Clean Fuels, Inc. reported a net loss of $(2.3) million and diluted net loss per share of $(0.06) for the third quarter ended September 30, 2025, with a net loss of $(7.6) million and diluted loss per share of $(0.21) for the nine months ended September 30, 2025, primarily due to ongoing general and administrative expenses.
- As of September 30, 2025, the company held $59.4 million in cash and cash equivalents and reported no debt.
- The company is advancing front-end engineering and design (FEED) for the Permian Basin project, a proposed natural gas-to-gasoline plant, and had $3.3 million in construction in progress as of September 30, 2025, related to capitalized development costs for this project.
Nov 14, 2025, 9:08 PM
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