CENAQ Energy Corp.
CENQU
NASDAQ Capital Market10.82
USD
+0.43
- -
CIK
0001841425
ISIN
US15130M2017
CUSIP
15130M201
Return %
Stock
S&P500
1Y
6.83
26.53
3Y
9.07
76.60
5Y
9.07
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- 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
- Aug 13, 2021
- CIK
- 0001841425
- Similar Companies
- Business
- CENAQ Energy Corp. (CENQU) operates as a blank check company whose primary business is to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses, principally in the energy industry in North America; it currently lacks significant standalone operations or products following its failed de-SPAC merger. Incorporated in 2020 and headquartered in Houston, Texas, the company originally targeted renewable energy opportunities, including wind and solar project development. In February 2023, CENAQ completed a reverse merger transaction with Bluescape Clean Fuels LLC, intended to form Verde Clean Fuels, Inc. (VGAS), which develops proprietary syngas-to-gasoline (STG+) technology for producing renewable gasoline from waste feedstocks and flared natural gas, achieving over 60% carbon intensity reduction versus traditional gasoline; Verde planned its first commercial facility in Maricopa, Arizona, for 7 million gallons annually by mid-2025, supported by $80 million PIPE financing from investors including Arb Clean Fuels Management LLC and Bluescape. As of late 2025, CENQU trades around $10.82 with a market cap of approximately $239 million and reports quarterly net losses, including -$2.33 million in Q3 2025, amid Nasdaq compliance issues; no significant new products, acquisitions, partnerships, or operational advancements have materialized post-merger, with Verde Clean Fuels pursuing independent development of modular STG+ plants for U.S. markets focused on low-carbon liquid fuels requiring no additional refining.