Exciting Energy Stocks | Gevo (GEVO), Recon Technology (RCON), Synthesis Energy Systems (SYMX)

2644

Energy stocks have been in focus as of late all stemming from the sharp moves in oil and the massive shift toward clean energy solutions. Many companies stand to benefit from this shift and beginning their creep higher.

Gevo, Inc. (NASDAQ: GEVO)

GEVO has been at the epicenter of many significant developments recently in the biofuel sector. Just a few weeks ago, GEVO made a pact with Alaska Airlines to utilize GEVO’s fuel derived from wood waste to power the first ever jet flight on a biofuel. In addition, the EPA announced an initiative to regulate airplane emissions. The New York Times noted how the emissions from aircraft have a detrimental effect on the environment and human health. GEVO’s ground breaking technology to produce their biofuel makes it a great candidate for the watch list.

Gevo, Inc., a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Yahoo! Finance
 

 

Recon Technology, Ltd (NASDAQ: RCON)

RCON recently announced news of a contract it had received designating RCON as a “Qualified Contractor” for Sinopec, China Petroleum and Chemical Corporation, which is one of the largest energy and chemical plants in China.

Chairman and CEO Shenping Yen said, “The Qualification, combined with the entry permit awarded by JOCEC earlier this year, clears the path for our increasing presence at JOCEC and sets the stage for a broader and deeper relationship with Sinopec’s subsidiaries, that collectively have contributed 19.6% of our total revenues in fiscal year 2014.”

RCON’s very low float of 2.7M shares and increasing volume positions the stock for strong move higher if the good news continues to flow.

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People’s Republic of China. Yahoo! Finance

Synthesis Energy Systems, Inc (NASDAQ: SYMX)

SYMX has been at center stage over the past few months attracting many traders to its breakout-ready chart. Recently forming a double bottom at $1.20 and has since bounced and started trending higher with many trigger points present on the chart.

In addition to the technical setup on SYMX, a fundamental catalyst also exists. John Paulson, a hedge fund manager at Paulson & Co. had announced a new position in the stock buying 10 million shares, nearly 12% of the tradable float.

In December of 2014, SYMX announced a joint venture worth $105 million with 3 separate coal plants in China to convert coal to a cleaner gas in an attempt to slash carbon emissions.

Synthesis Energy Systems, Inc., a development stage energy and gasification technology company, provides various proprietary gasification technology systems and solutions to the energy and chemical industries worldwide. Yahoo! Finance

These three energy plays are poised to pop as their developing stories continue to keep getting better as the worldwide shift to cleaner energy and reducing emissions is being scrutinized on a daily basis. Be sure to keep GEVO, RCON, and SYMX on your watch lists!

IMAGE CREDIT

NO COMMENTS

LEAVE A REPLY