Stocks/VGAS

VGAS

Verde Clean Fuels, Inc.
Utilities·Renewable Utilities
$1.56
$70M market cap
Revenue
$0.0M
Free Cash Flow
$-7.6M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Verde Clean Fuels, Inc. focuses on suppling gasoline and other fuels derived from renewable feedstocks or natural gas. It specializes in the conversion of synthesis gas, or syngas, derived from feedstocks, such as biomass, municipal solid waste, and mixed plastics, as well as natural gas, including synthetic natural gas and other feedstocks, into gasoline through proprietary liquid fuels technology. Verde Clean Fuels, Inc. was founded in 2007 and is based in Hillsborough, New Jersey.

2-Year Price History

$1.81-61.2%
$1.0$1.5$2.0$2.5$3.0$3.5$4.0$4.5volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q10.0-2.8-2.9-1.2-2.6-3.1-0.554.40.522.1-121.4%----
Act2025-Q40.0-3.1-7.2-3.3-1.3-4.6-3.257.20.218.8-288.4%----

Valuation & Metrics

Market Stats

Price$1.56
Market Cap$70M
Enterprise Value$16M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-11.0%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$0.0M
Net Income$-4.5M
Free Cash Flow$-7.6M

Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-204.9%
WC Change % Rev0.0%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.1M
Days to Cover5.4
Change (vs Prior)-12.3%
Need at least 2 settlement dates for chart

Employees

Headcount10
Revenue / Employee$0
Gross Profit / Employee$-10,300

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
1.8%(-2.1% YoY)
34 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
1.0%(-0.9% YoY)
7 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.0% YoY)
2 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
Bluescape Energy Partners LLC$1.4M$6.81+$0+$0+2.1%$322M
BlackRock, Inc.Passive$269K$3.95−$6K−$11K-0.2%$5.69T
VANGUARD CAPITAL MANAGEMENT LLCPassive$207K$1.69+$207K+$207K$4.04T
GEODE CAPITAL MANAGEMENT, LLCPassive$178K$5.47+$17K+$36K+2.3%$1.61T
STATE STREET CORPPassive$97K$6.13−$0−$3K-0.2%$2.89T
NORTHERN TRUST CORPPassive$87K$4.20−$18K−$11K-0.2%$755.34B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$42K$1.69+$42K+$42K$1.91T
AQR CAPITAL MANAGEMENT LLC$35K$2.69+$10K+$35K-0.2%$218.19B
STONERIDGE INVESTMENT PARTNERS LLC$29K$3.72+$0+$4K+0.1%$138M
VANGUARD FIDUCIARY TRUST COPassive$23K$1.69+$23K+$23K$395.83B
PNC FINANCIAL SERVICES GROUP, INC.$19K$2.62+$13K+$7K+0.3%$173.16B
NEW YORK STATE COMMON RETIREMENT FUND$17K$6.50+$0+$0+1.3%$71.52B
FMR LLC$11K$2.44+$9K+$9K-0.0%$1.89T
HIGHBRIDGE CAPITAL MANAGEMENT LLC$11K$6.81−$116K+$11K-5.6%$1.12B
Tower Research Capital LLC (TRC)MM$10K$4.04+$3K+$4K-0.6%$3.84B
RHUMBLINE ADVISERS$6K$4.44+$0−$2K+0.4%$116.90B
UBS Group AG$5K$4.14−$8K−$8K-0.3%$562.11B
MORGAN STANLEY$4K$3.29−$22K−$4K-0.3%$1.65T
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$4K$3.83+$0+$0+1.7%$73.71B
JPMORGAN CHASE & CO$3K$4.62−$0−$6K-0.2%$1.47T
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
+1.79%
avg per quarter
Holders (ex-self)
+1.86%
excl. this stock
Buyers (this Q)
+0.09%
20 buyers · $0.00B in
Sellers (this Q)
-4.93%
12 sellers · $0.00B out
alpha coverage: 89% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-2.7%
how holders react when this stock falls
On quiet Qs
-12.2%
−10% to +10% baseline
On rallies (+10%+)
+13.2%
how they react when this stock rises
Holders' portfolio flow this Q
-18.0%
outflows — trims may be forced
Sellers' portfolio flow this Q
-8.6%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+2.3%
Holder mid (any stock)
-2.8%
Holder rally (any stock)
-9.8%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

0278K556K834K1.1M$1.69$2.97$4.25$5.53$6.812023-032023-122024-092025-062026-03
hover the chart for per-quarter detailprice (right axis)
Bluescape Energy Partners LLC800KSANDERS MORRIS HARRIS LLCWeiss Asset Management LPHIGHBRIDGE CAPITAL MANAGEMENT LLC7KRIVERNORTH CAPITAL MANAGEMENT, LLCK2 PRINCIPAL FUND, L.P.Shaolin Capital Management LLCKepos Capital LPCHARLES SCHWAB INVESTMENT MANAGEMENT INCHRT FINANCIAL LP

Corporate

Order Flow (FINRA, ~3w lag)

43.9%retail+6.0pp
7.1%dark-2.7pp
week of 2026-04-13
0%20%40%60%80%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.