Massimo1988
Sep 28, 1:17 PM
Aemetis (Nasdaq: AMTX)
The Section 45Z tax credits were generated from ethanol and renewable natural gas (RNG) production in 2026 and represent a tax credit value of approximately
$0.33 per gallon of ethanol and
$62 per MMBtu of RNG, before sale discounts and transaction costs
Before 8 September DOE update, Aemetis was selling RNG at ~
$15 per MMBTU at a -42CI. Now it is selling at ~
$62 per MMBTU at an implied, from my calculation, -315CI.
(Retroactive since 1/1/2026).
It will have a big impact on Aemetis income statement and I guess that we will be back to profitability / positive net income in IIIQ 2026 (probably to be reported in November 2026).
Other tickers involved by DOE September updated regarding the Dairy and Swine RNG:
$MNTK $SFD $D $CVX
