Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

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Equity Bottom-Up

<ul><li>Gevo management hosted a 2Q24 analyst briefing.</li><li>The team was upbeat on Gevo’s progress and new developments, including: (1) accelerated guidance on the timing of financial close of the company’s Net Zero 1 (NZ-1) sustainable aviation fuel (SAF) project; (2) plans to debottleneck the renewable natural gas (RNG) facility; (3) a continued strong pace of share repurchases; and (4) the wholly owned Verity carbon tracking subsidiary announcing several noteworthy collaborative agreements.</li><li>Meanwhile, management has guided toward the prospect of weaker-than- expected EBITDA in the RNG business this year.</li></ul>

Gevo management hosted a 2Q24 analyst briefing.The team was upbeat on Gevo’s progress and new developments, including: (1) accelerated guidance on the timing of financial close of the company’s Net Zero 1 (NZ-1) sustainable aviation fuel (SAF) project; (2) plans to debottleneck the renewable natural gas (RNG) facility; (3) a continued strong pace of share repurchases; and (4) the wholly owned Verity carbon tracking subsidiary announcing several noteworthy collaborative agreements.Meanwhile, management has guided toward the prospect of weaker-than- expected EBITDA in the RNG business this year.

Gevo, Inc. - GEVO: 2Q24 Results - US DOE Financing "In the Home Stretch"