As the global drive towards renewable energy sources continues to grow, US biofuel companies are finding ways to reduce their carbon footprint and promote sustainability. From waste to energy to renewable fuels, these companies are leading the charge in the green energy revolution. Here we take a look at six US biofuel stocks and their performance over the last few years, as well as what investors can expect for the future.
Biofuel company Renewable Energy Group (REG) has had a solid performance throughout the years, with a steady rise in stock prices since 2011. As the largest biodiesel producer in the US, REG is not only working to reduce its gasoline emissions by 95% compared to traditional diesel, but it is also helping to reduce the amount of greenhouse gases released into the atmosphere. Investors should expect more of the same from REG in the future, and the company is currently working towards expanding its production capacity and reaching its net-zero carbon emissions goal by 2033.
Vireol Bioenergy has seen its stock prices soar over the past few years, with double-digit returns in 2020 alone. The company is striving to become an innovative leader in plant-based fuels, and with its proprietary process and efficiency derived from the use of genetically modified organisms, it has achieved substantial success in a relatively short time. Vireol is looking to double its methanol production capacity by 2022, and is setting the bar for other US-based biofuel companies looking to create a sustainable future.
Pacific Ethanol also saw its stock prices increase in 2020, primarily due to its focus on producing new and lower-cost bio-based fuels. The company produces renewable fuels from renewable feedstocks and is able to do this without the need for any additional infrastructure or costly capital investments. This makes Pacific Ethanol a valuable asset for investors looking for a cost-effective, sustainable solution for their energy needs.
Gevo is another prominent US-based biofuel company, with its stock prices rising dramatically in 2020. The company produces bio-based renewable fuels and is using its proprietary technology to convert natural gas into ethanol or jet fuel. Gevo is also working on creating new products from other sources of renewable energy, such as industrial-grade waste from forest harvesting operations.
Bioenergy Solutions Group (Biogas) is a newer biofuel company that has seen its stock prices increase in 2020. The company is focused on producing renewable natural gas from sources such as municipal solid waste and organic waste streams. This makes Biogas one of the few US companies that are able to produce a significant quantity of renewable gas for the transportation and residential sectors.
Finally, LCG Biofuel is a US-based biodiesel producer that has seen its stock prices increase in 2020 alongside the rest of the industry. The company is focused on producing high-quality biodiesel fuels with a consistent, reliable supply to clients in the US. LCG Biofuel’s biodiesel can be used in any diesel engine, with customers benefiting from increased fuel economy and lower emissions.
As the US pushes forward with developing green fuels, these six biofuel stocks provide a promising outlook for investors. From REG to Gevo, LCG Biofuel and more, US biofuel companies are striving to create a more sustainable future. Thanks to their efforts, we can look forward to a future with lower emissions and a healthier environment.
