Verde Q3 2025 Net Loss Down 6% on Year
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- Verde Clean Fuels reported on Thursday (11/13) a
third-quarter net loss that was 6% lower from a year ago as it committed to
advancing its technology on proprietary liquid fuels processing under a
joint-venture with Diamondback Energy.
Verde's net loss for the quarter in review was $2.33 billion versus the
$2.49 billion net loss reported for the third quarter of 2024.
Verde is advancing commercial deployment of its liquid fuels technology,
notably the Permian Basin natural gas-to-gasoline plant, a joint-venture
project with Diamondback subsidiary Cottonmouth Ventures, CEO Ernest Miller
said in a statement accompanying the third-quarter results.
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