Why These Energy Stocks Are Losing This Week

7. Aemetis, Inc. (NASDAQ:AMTX)

Share Price Decline Between Apr. 15 and Apr. 22: 5.59%

Aemetis, Inc. (NASDAQ:AMTX) is an advanced renewable fuels and biochemicals company focused on the acquisition, development, and commercialization of innovative technologies.

The stock of Aemetis, Inc. (NASDAQ:AMTX) surged earlier this month following the company’s announcement that its production of renewable natural gas (RNG) increased 55% in March compared to the previous month. Aemetis also revealed earlier this month that it is in the final phase of LCFS pathway approvals for seven dairy digesters by the California Air Resources Board CARB, which is expected to be received in Q2 2025 and should add around $6 million to the annual revenue. So the recent decline in share price could be due to investors taking their profits.

In positive news for Aemetis, Inc. (NASDAQ:AMTX), the company revealed this week that its Indian subsidiary has received orders totaling $31 million to supply over 33,000 kiloliters of biodiesel to three government-owned Oil Marketing Companies.