By Katherine Hamilton
NextNRG shares rose after the company said it was on track to deliver record fuel volumes in the fourth quarter.
The stock rose 15% to $1.47, though shares are still down 53% this year.
The energy company said Friday it delivered 6.5 million gallons in the third quarter, up from 1.9 million gallons during the same period the year before.
Momentum has continued into the fourth quarter, NextNRG said, and December deliveries are expected to reach 2.5 million gallons. That would be an increase from 620,000 gallons in December of the prior year, the Miami-based company added.
NextNRG projects it will deliver 7 million gallons total in the fourth quarter, which would be the highest quarterly fuel volume in its operating history, it said.
Commercial fleets are ramping up activity to meet heightened year-end and holiday logistics demands, the company said. NextNRG expects growth to continue into 2026.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
December 19, 2025 11:11 ET (16:11 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments