Is this clean energy producer stock worth a buy right now: Gevo Inc. (NASDAQ:GEVO)?
Gevo Inc. (XNAS: GEVO) is a renewable chemicals and biofuel company that develops and commercializes alternatives to petroleum-based goods based on isobutanol derived from renewable feedstocks. Its operational segments include the Gevo sector, the Renewable Natural Gas segment, the Net-Zero segment, and the Agri-Energy business. It is engaged in research and development efforts linked to the future production of isobutanol, including developing its biocatalysts, manufacturing and selling biojet fuel, and creating biocatalysts. Gevo Development/Agri-Energy is the most important revenue-generating business, consisting of the operation of the Luverne Facility and the manufacture of ethanol, isobutanol, and associated products.
