Verde Q3 2025 Net Loss Down 6% on Year

SECAUCUS, NJ (DTN) – Verde Clean Fuels reported on Thursday (11/13) a third-quarter net loss that was 6% lower from a year ago as it committed to advancing its technology on proprietary liquid fuels processing under a joint-venture with Diamondback Energy.

Verde’s net loss for the quarter in review was $2.33 billion versus the $2.49 billion net loss reported for the third quarter of 2024.

Verde is advancing commercial deployment of its liquid fuels technology, notably the Permian Basin natural gas-to-gasoline plant, a joint-venture project with Diamondback subsidiary Cottonmouth Ventures, CEO Ernest Miller said in a statement accompanying the third-quarter results.