AG真人官方

Verde Clean Fuels, Inc. Reports Q2 2025 Results

HOUSTON--(BUSINESS WIRE)-- Verde Clean Fuels, Inc. (鈥淰erde鈥� or 鈥渢he Company鈥�) (NASDAQ: VGAS) today reported results for the second quarter and first half of 2025.

鈥淲e continue to advance our plans to deploy our proprietary liquid fuels processing technology through the development of commercial production plants. To this end, we also continue to advance front-end engineering and design ("FEED") for the Permian Basin project, a proposed natural gas-to-gasoline plant to be jointly developed with Cottonmouth, a wholly owned subsidiary of Diamondback. The proposed plant would utilize our technology and associated natural gas from Diamondback鈥檚 operations. We also continue to identify and evaluate other potential opportunities to deploy our technology while remaining disciplined with our resources,鈥� said Ernest Miller, CEO of Verde.

For the three months ended June 30, 2025, the Company recorded a net loss of $(2.5) million and diluted net loss per share of Class A common stock of $(0.07). For the six months ended June 30, 2025, the Company recorded a net loss of $(5.2) million and diluted loss per share of Class A common stock of $(0.15). The Company鈥檚 net loss for the three and six months ended June 30, 2025 was primarily due to ongoing general and administrative expenses.

As of June 30, 2025, the Company had cash and cash equivalents of $62.1 million and no debt. Also as of June 30, 2025, the Company had capitalized $2.2 million of FEED costs related to the proposed Permian Basin project, net of amounts reimbursable under the joint development agreement between Verde and Cottonmouth.

About Verde Clean Fuels, Inc.

Verde is a clean fuels company focused on the deployment of its innovative and proprietary liquid fuels processing technology through development of commercial production plants. Verde's synthesis gas ("syngas")-to-gasoline plus (STG+^庐) process converts syngas, derived from diverse feedstocks, into fully finished liquid fuels that require no additional refining. Verde is currently focused on opportunities to convert associated natural gas into gasoline, which is expected to provide a market for such natural gas with the added potential benefits of flare mitigation and production of gasoline with a lower carbon intensity than conventional gasoline.

Forward-Looking Statements

This press release contains 鈥渇orward-looking statements鈥� within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company鈥檚 expectations and any future financial performance, the Company鈥檚 strategy, future operations, financial position, prospects, plans, goals and objectives of management are forward-looking statements. The words 鈥渃ould,鈥� 鈥渟hould,鈥� 鈥渨ould,鈥� 鈥渨ill,鈥� 鈥渁im,鈥� 鈥渕ay,鈥� 鈥渇ocus,鈥� 鈥渂elieve,鈥� 鈥渁nticipate,鈥� 鈥漣ntend,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渁dvance,鈥� 鈥漰roject,鈥� 鈥減lan,鈥� 鈥減otential,鈥� "goal,鈥� 鈥渟trategy,鈥� 鈥減roposed,鈥� 鈥減ositions,鈥� the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the Company, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. These forward-looking statements are based on management鈥檚 current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the Company鈥檚 control. These risks and uncertainties include, but are not limited to: changes in general economic, financial, legal, political and business conditions; changes in domestic and foreign markets; the failure of Verde to develop its first commercial facility, whether due to the inability to obtain the required financing or for any other reason; the failure of Verde to develop any additional commercial facility for any reason; the risks and uncertainties relating to the implementation of Verde鈥檚 business strategy and the timing of any business milestone; and delays in acquisition, financing, construction and development of any potential projects. Should one or more of the risks or uncertainties described herein and in any oral statements made in connection therewith occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. There may be additional risks that the Company presently does not know or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company鈥檚 expectations and projections can be found in the Company鈥檚 filings with the Securities and Exchange Commission (the 鈥淪EC鈥�). The Company鈥檚 filings with the SEC are available publicly on the SEC鈥檚 website at .

听

View source version on businesswire.com:

Investor Relations:

Caldwell Bailey (ICR)

[email protected]

Media Relations:

Juliet Fisher (Merchant)

[email protected]

Source: Verde Clean Fuels, Inc.