Small Cap Strategist is published by Crystal Equity Research an independent research resource on small capitalization stocks. Follow along as we discuss the most recent trends in the small-cap sector, investigate interesting companies and pan a few not-so-promising stocks.
Beach Boys “Index” of energy alternative companies has been updated.More or less a set of lists, the Beach Boys Index includes companies,
privately held and publicly traded alike, that are sun worshippers.Their products and processes rely directly or
indirectly on the photosynthetic processes of plants.
conventional corn- and sugar-based ethanol producers as well as developers of
cellulosic ethanol are included.Mostly
investors will note the ethanol lists are shorter as several have altered their
business models or have gone out of business.We added Ceres, Inc. (CERE:Nasdaq) to the
Cellulosic Ethanol Group.Ceres is a
developer of seeds for energy crops that are intended for ethanol production.
biofuel developers are in another group.We added Algix, LLC,
a privately held developer of bioplastics, and Cellana, LLC, which aspires to produce
algae-based biofuel.Investors may miss PetroAlgae (PALG:OTC/BB) in the Algae Group.The company has changed its name to Parabel.
private company - Soy Energy -and one public company – Renewable Energy Group (REGI:Nasdaq) - have been added to the Biodiesel Group.A very similar group for biofuel producers
was expanded by at least a half dozen new entrants even as several companies
bowed out of the race.One of the most
interesting companies is California-based Byogy Renewables, LLC.We also expect to hear more from SkyNRG
in coming months as well.
EcoVentures was added to the
is a cellulosic ethanol producer.However,
its principal feedstock is waste, so it is now a part of this group as well.
challenges of technologies related to cellulosic ethanol and algae growth have
sent a number of companies back to the drawing board.Some are attempting to address new markets
with their discoveries.Coskata, Inc.
and Gevo, Inc. (GEVO:Nasdaq) are now
included in the Alternative Chemicals Group.Another very interesting addition to the chemicals group is LS9, Inc.
doubt these lists will continue to change over the months ahead.Renewable fuels have attained some legitimacy
as some of the oil and gas majors have embraced the field as a means to address
emissions standards and renewable fuel mandates.The oil and gas companies are not listed in the
Beach Boys Index.However, some of their
partners are included, such as Darling
which has entered into a joint venture with Valero, Inc. (VLO:NYSE).It
is the proverbial foot in the door.
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of the Small
Cap Strategist web log, Crystal Equity
Research nor its affiliates have a beneficial interest in the companies