News about XCF Global

XCF Global CEO Chris Cooper wrote to shareholders acknowledging concern over the recent share price decline and volatility, saying short-term market moves are outside the company’s control. He said the Reno facility has moved from development into commercial operations, with more than $10 million in revenue for August, over $12 million in gross product sales for September, and daily production reaching about 85,000 gallons by the end of September. The company also announced the closing of its business combination with Southern Energy Renewables and DevvStream. Management said it will prioritize sustainable profitability, financial strength and disciplined capital allocation, and will demonstrate progress through measurable operating results.