CENAQ Energy Corp.

CENAQ Energy Corp.

CENQ
CENAQ Energy Corp.US flagNASDAQ Capital Market
10.72
USD
+0.56
- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
James Russell Porter
Sector
Financial Services
Industry
Shell Companies
Address
4550 Post Oak Place Drive Houston TX United States of America 77027
IPO Date
Oct 4, 2021
Business
CENAQ Energy Corp (CENQ) operates as Verde Clean Fuels, Inc following its 2023 reverse merger with Bluescape Clean Fuels LLC; the blank check company, formed in 2020 and headquartered in Houston, Texas, targets North American energy opportunities through acquisition and development of sustainable assets. It deploys proprietary syngas-to-gasoline plus (STG+) technology to produce fully refined renewable gasoline and methanol from diverse feedstocks including biomass, municipal solid waste, renewable natural gas, and flared or stranded natural gas, yielding drop-in RBOB-compliant fuels with over 60% lower carbon intensity than traditional gasoline and up to 30% reductions via natural gas pathways, without requiring additional refining; the modular, scalable process supports commercial plants converting waste into low-carbon liquids for internal combustion engines and existing infrastructure. Operations span the United States with planned facilities in Arizona, California, the Permian Basin, and beyond, serving oil producers, waste managers, and fuel markets. Recent developments include a December 2024 $50 million investment from Diamondback Energy, increasing total funding to $70 million and advancing a joint development agreement for a Permian Basin gasoline plant using associated gas to mitigate flaring; a carbon capture agreement with Carbon TerraVault for a California renewable gasoline facility; and participation in a US Department of Energy-funded consortium for zero-emission methanol production, alongside Q3 2025 financial reporting under NASDAQ: VGAS.