Stock events for AleAnna, Inc. (ANNA)
AleAnna, Inc. completed a business combination with Swiftmerge Acquisition Corp. on December 13, 2024, and its shares began trading on the NASDAQ Capital Market on December 16, 2024. Following the transaction, AleAnna had approximately $28 million in cash and no debt. Natural gas production from the Longanesi Field is projected to commence in Q1 2025. In December 2024, AleAnna announced progress in its renewable natural gas business, including acquisitions of biogas plants and securing government incentives. The Campagnatico biomethane plant is under construction with expected completion by Q1 2026, and two existing biogas plants are slated for retrofitting in 2025. As of February 2, 2026, AleAnna's financial metrics showed challenges, including negative profitability margins and a distressed Altman Z-Score.
Demand Seasonality affecting AleAnna, Inc.’s stock price
The provided information does not contain specific details about the demand seasonality for AleAnna, Inc.'s products and services. However, demand for its products would generally be influenced by broader energy market trends, which often exhibit seasonality.
Overview of AleAnna, Inc.’s business
AleAnna, Inc. is a natural gas resource company focused on delivering natural gas to Europe through conventional natural gas exploration and renewable natural gas (RNG) development in Italy. The company operates in the Oil & Gas Exploration and Production (E&P) industry. AleAnna's major products include conventional natural gas from fields like Longanesi and carbon-negative renewable biomethane from agricultural waste. The company uses technologies like 3D seismic imaging, AI, and machine learning.
ANNA’s Geographic footprint
AleAnna, Inc.'s primary geographic focus is Italy, particularly the Po Valley in Northern Italy. The company holds a significant portfolio of exploration permits and production concessions in Italy, spanning over 2.3 million acres. AleAnna operates regional headquarters in Dallas, Texas, and Rome, Italy.
ANNA Corporate Image Assessment
AleAnna has a history of energy exploration and development in Italy, aiming to unlock natural gas reserves using advanced seismic imaging and responsible practices. The company emphasizes its commitment to corporate responsibility and a sustainable future by integrating conventional and renewable energy solutions. AleAnna positions itself as a trusted partner in Italy's energy future, dedicated to bolstering the nation's energy independence and economic growth.
Ownership
Information regarding major institutional and individual owners of AleAnna, Inc. was not found in the provided search results.
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$2.80
