Verde Clean Fuels posts Q3 net loss of $2.3 million

Reuters
2025/11/14
<a href="https://laohu8.com/S/VGAS">Verde Clean Fuels</a> posts Q3 net loss of $2.3 million

Verde Clean Fuels Inc. reported a net loss of $2.3 million, or $0.06 per diluted share, for the third quarter of 2025. For the nine months ended September 30, 2025, the net loss was $7.6 million, or $0.21 per diluted share. As of September 30, 2025, the company held $59.4 million in cash and cash equivalents and reported no debt. Construction in progress totaled $3.3 million, reflecting $9.3 million in capitalized development costs related to the Permian Basin project, offset by $6.0 million in reimbursable costs from Cottonmouth. During the period, Verde advanced front-end engineering and design for the Permian Basin natural gas-to-gasoline plant, a joint project with Cottonmouth, and continued to evaluate additional opportunities to deploy its proprietary liquid fuels processing technology.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verde Clean Fuels Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113284843) on November 13, 2025, and is solely responsible for the information contained therein.

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