Verde Clean Fuels (VGAS)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	21.77 mm	21.77 mm	21.77 mm	21.77 mm	21.77 mm	21.77 mm
Cash burn (monthly)	512.25 k	790.07 k	928.26 k	932.06 k	546.10 k	747.85 k
Cash used (since last report)	2.59 mm	4.00 mm	4.70 mm	4.72 mm	2.77 mm	3.79 mm
Cash remaining	19.18 mm	17.77 mm	17.07 mm	17.05 mm	19.01 mm	17.99 mm
Runway (months of cash)	37.4	22.5	18.4	18.3	34.8	24.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

VGAS institutional ownership history Ownership history

21.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	37	24	+54.2%
Opened positions	31	18	+72.2%
Closed positions	18	28	-35.7%
Increased positions	2	2	–
Reduced positions	2	2	–

13F shares	Current	Prev Q	Change
Total value	5.86 bn	462.56 mm	+1167.1%
Total shares	6.76 mm	8.09 mm	-16.4%
Total puts	0.00	0.00
Total calls	0.00	112.50 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
CENAQ Sponsor	3.23 mm	$0.00	0.0%
FANG Diamondback Energy	2.00 mm	$0.00	0.0%
Bluescape Energy Partners	800.00 k	$3.19 bn	NEW
BlackRock	168.93 k	$674.05 mm	NEW
Vanguard	141.62 k	$565.06 mm	NEW
Sanders Morris Harris	90.08 k	$359.41 mm	-16.1%
Geode Capital Management	77.81 k	$310.48 mm	NEW
STT State Street	56.53 k	$225.57 mm	NEW
NTRS Northern Trust	50.55 k	$201.68 mm	NEW
Kepos Capital	44.41 k	$177.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
Bluescape Energy Partners	800.00 k	+800.00 k	NEW
Walleye Capital	0.00	-670.17 k	EXIT
Walleye Trading	0.00	-376.95 k	EXIT
Shaolin Capital Management	0.00	-325.00 k	EXIT
SkyView Investment Advisors	0.00	-201.34 k	EXIT
Whitebox Advisors	0.00	-190.42 k	EXIT
BlackRock	168.93 k	+168.93 k	NEW
Yakira Capital Management	0.00	-147.01 k	EXIT
Vanguard	141.62 k	+141.62 k	NEW
Context Capital Management	0.00	-132.84 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

VGAS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Jan 25	Diamondback Energy	Class A Common Stock	Buy	Acquire P	Yes	No	4	12,500,000	50.00 mm	14,500,000
2 Oct 24	George W. Burdette III	Employee Stock Option Class A Common Stock	Grant	Acquire A	No	No	5.99	310,985	1.86 mm	310,985
29 May 24	John R. Doyle	Employee Stock Option Class A Common Stock	Grant	Acquire A	No	No	5.99	310,985	1.86 mm	310,985

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Verde Clean Fuels Entered Into A Stock Purchase Agreement With Cottonmouth Ventures, A Wholly-Owned Subsidiary Of Diamondback Energy, For A $50M Equity Investment

19 Dec 24

The investment consists of the purchase of 12.5 million shares of Verde's Class A common stock at a purchase price of $4.00 per share. Closing of the investment is anticipated to occur during Q1 2025, subject to

Press releases

From Benzinga Pro

Verde Clean Fuels, Inc. Announces Closing of $50 Million Equity Investment by Cottonmouth Ventures, LLC, a Wholly-Owned Subsidiary of Diamondback Energy, Inc.

29 Jan 25

Cottonmouth purchases 12.5 million shares of Verde Class A common stock at a price of $4.00 per share Brings Cottonmouth's total investment in Verde to $70 million and makes Cottonmouth the second largest

Verde Clean Fuels, Inc. Announces $50 Million Equity Investment by Cottonmouth Ventures, LLC, a Wholly-Owned Subsidiary of Diamondback Energy, Inc.

19 Dec 24

Cottonmouth and Verde have entered into an agreement for a $50 million equity investment through the purchase of 12.5 million shares of Verde Class A common stock by Cottonmouth at a purchase price of $4.00 per