Rin Tin Tin

CVR Energy Reports Third Quarter 2023 Results, Announces a Cash Dividend of 50 Cents and a Special Dividend of $1.50

Retrieved on: 
Monday, October 30, 2023
Adjustment, Partner, Ammonia, Sale, Lamp, Fertilizer, NYSE, UAN, RIN, Public expenditure, Ethanol, EBITDA, Rin Tin Tin, Wynnewood, Conference, CVR Partners, Rest, Nitrogen, Webcast, Gallagher Amendment, RFS, Credit, Credit agreements in South Africa, ABL, CVR, CVI, Video game, Holding company, Oil, Oil shale

Third quarter 2023 EBITDA was $530 million, compared to third quarter 2022 EBITDA of $181 million.

Key Points: 
  • Third quarter 2023 EBITDA was $530 million, compared to third quarter 2022 EBITDA of $181 million.
  • “CVR Energy achieved solid results for the 2023 third quarter driven by continued strong crack spreads,” said Dave Lamp, CVR Energy’s Chief Executive Officer.
  • “In addition to our third quarter 2023 cash dividend of 50 cents, our Board of Directors was pleased to approve a special dividend of $1.50 per share, bringing our year-to-date declared dividends to $4.00 per share.
  • CVR Energy announced a third quarter 2023 cash dividend of 50 cents per share.

Aemetis Biogas Builds Revenues With First Commercial Sale of D3 RINs Generated by Dairy Renewable Natural Gas Project

Retrieved on: 
Friday, August 25, 2023
Carbon, Pacific Gas and Electric Company, Rin Tin Tin, RIN, RNG, LCFS, PG, Sale, RFS, EPA, Qualification, Natural gas, D3, Transport, PG&E, Renewable Fuel Standard (United States), End, Renewable energy, Dairy

CUPERTINO, CA, Aug. 25, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announced today the sale of 88,883 D3 Renewable Identification Number credits (RINs), the company’s first commercial D3 RIN transaction under the federal Renewable Fuel Standard (RFS) generated by the Aemetis Biogas Central Dairy Digester Project in California.  The D3 RINs were generated by the sale of dairy renewable natural gas (RNG) delivered to customers in June 2023 and begins ongoing monthly revenues from the sale of D3 RINs.

Key Points: 
  • Sale of D3 RINs from RNG Delivered in June 2023 Commences Ongoing Monthly Generation of RFS Revenues; LCFS Credits to be Generated at End of Q3 2023
    CUPERTINO, CA, Aug. 25, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announced today the sale of 88,883 D3 Renewable Identification Number credits (RINs), the company’s first commercial D3 RIN transaction under the federal Renewable Fuel Standard (RFS) generated by the Aemetis Biogas Central Dairy Digester Project in California.
  • The D3 RINs were generated by the sale of dairy renewable natural gas (RNG) delivered to customers in June 2023 and begins ongoing monthly revenues from the sale of D3 RINs.
  • The federal D3 RINs that were sold completed an independent review to enable the sale to be entirely comprised of Qualified RINs (QRINs) that have been verified to conform with regulations and identify sourcing.
  • The RNG is then injected into the Pacific Gas and Electric (PG&E) gas pipeline for delivery to transportation fuel customers throughout California.

Montauk Renewables Announces Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Maintenance, Failure, Table, Coast, Electricity, Rin Tin Tin, British thermal unit, RIN, RNG, GAAP, Frank R. Bowerman Landfill, Primary energy, Frank, United States Environmental Protection Agency, Kilowatt-hour, Apex, EBITDA, Erin, Natural gas, D3, Webcast, Renewable Fuel Standard (United States), Adjustment, Atascocita, Texas, REG, Rare-earth element, Video game, Bookkeeping, Rumpke Sanitary Landfill

Gas commodity indices decreased 70.7% during the second quarter of 2023 compared to the second quarter of 2022.

Key Points: 
  • Gas commodity indices decreased 70.7% during the second quarter of 2023 compared to the second quarter of 2022.
  • Our Rumpke facility produced less than 0.1 million fewer MMBtu in the second quarter of 2023 compared to the second quarter of 2022 as a result of process equipment failure in the second quarter of 2023 which temporarily impacted production.
  • Our Pico facility produced less than 0.1 million fewer MMBtu in the second quarter of 2023 compared to the second quarter of 2022 as a result of feedstock processing challenges in the second quarter of 2023.
  • Our Security facility produced approximately 1 thousand MWh more in the second quarter of 2023 compared to the second quarter of 2022 due to engine maintenance completed in the second quarter of 2022.

CVR Energy Reports Second Quarter 2023 Results, Announces a Cash Dividend of 50 cents and a Special Dividend of $1.00

Retrieved on: 
Monday, July 31, 2023
CVR, Lamp, Partner, Gunvor, Ethanol, Group 3, Rin Tin Tin, RIN, Sale, RFS, EBITDA, Ammonia, UAN, CVR Partners, Wynnewood, CVI, Webcast, Renewable Fuel Standard (United States), Rest, NYSE, Conference, 2-1-1, Video game, Holding company, Fertilizer, Oil

Second quarter 2023 EBITDA was $300 million, compared to second quarter 2022 EBITDA of $401 million.

Key Points: 
  • Second quarter 2023 EBITDA was $300 million, compared to second quarter 2022 EBITDA of $401 million.
  • Adjusted EBITDA for the second quarter of 2023 was $347 million, down from $511 million in the second quarter of 2022.
  • “CVR Energy posted solid results for the second quarter of 2023 driven by strong crack spreads,” said Dave Lamp, CVR Energy’s Chief Executive Officer.
  • CVR Energy announced a second quarter 2023 cash dividend of 50 cents per share.

Aemetis RNG Production Exceeds Plan by 20% During Q2 2023

Retrieved on: 
Tuesday, June 27, 2023
Senate, RVO, Ethanol, Central Dairy Building, Food, Rin Tin Tin, California Department, CPUC, Cheese, RNG, PG, Carbon, EPA, USDA, REAP, Natural gas, D3, Renewable energy, Methane, 24/7 service, PG&E, Dairy

CUPERTINO, CA, June 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced today that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and exceeded the RNG production plan by approximately 20% during Q2 2023.

Key Points: 
  • Seven dairy digesters, 40-mile biogas pipeline, centralized Biogas-to-RNG facility, and utility pipeline interconnection are operating 24x7 to deliver RNG for the displacement of petroleum-based fuels in trucks, buses, and cars
    CUPERTINO, CA, June 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced today that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and exceeded the RNG production plan by approximately 20% during Q2 2023.
  • “Production rates at our dairy digesters are notably higher than our original projections,” stated Andy Foster, President of Aemetis Biogas.
  • In January 2023, Aemetis Biogas completed and commissioned several digesters, a 40-mile biogas pipeline, a central biogas-to-RNG production facility and a PG&E gas pipeline interconnection unit.
  • Currently, 37 dairy digesters are under development or under construction, and seven dairy digesters are fully operational.

Edmonton Regional Innovation Network receives $4.8M to support local entrepreneurship

Retrieved on: 
Tuesday, May 10, 2022
Ecosystem, GLOBE, Alberta Innovates, Government, City, Rin Tin Tin, Solution, Growth, Curriculum, Oil

EDMONTON, ALBERTA, May 10, 2022 (GLOBE NEWSWIRE) -- The Edmonton Regional Innovation Network (ERIN) and Innovate Edmonton have secured multi-year funding to support local innovators through programs to build companies and solutions for global demands.

Key Points: 
  • EDMONTON, ALBERTA, May 10, 2022 (GLOBE NEWSWIRE) -- The Edmonton Regional Innovation Network (ERIN) and Innovate Edmonton have secured multi-year funding to support local innovators through programs to build companies and solutions for global demands.
  • This injection of $4.8 million over three years from Alberta Innovates directly funds the community-led ERIN, one of eight Regional Innovation Networks (RINs) across the province.
  • With the investment from Alberta Innovates, were pleased to distribute $4,888,500 to Edmonton-based programs and services, including the $4.1 million to Innovate Edmonton, to accelerate the growth of local business, said the Edmonton Regional Innovation Network Steering Committee Co-Chair Zack Storms.
  • Innovation is a team game, and it takes all levels of government working in concert to establish internationally competitive businesses and position Edmonton as an inclusive global innovation capital, said Innovate Edmonton CEO Catherine Warren.