Why These Energy Stocks Are Losing This Week

4. Aemetis, Inc. (NASDAQ:AMTX)

Share Price Decline Between Apr. 8 and Apr. 15: 14.88%

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

The decline in the price of Aemetis, Inc. (NASDAQ:AMTX) may be due to profit-taking by investors after the stock surged by more than 14% following the announcement that the company’s production of renewable natural gas (RNG) increased 55% in March compared to the previous month. AMTX 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 the second quarter and should contribute around $6 million of increased annual revenues.