Roth/MKM initiates XCF Global stock at Neutral on refinery restart
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices slide over 2% on Iraq-Kurdish supply deal; Iran fears persist Up 31%+, this AI-picked energy infrastructure play is a Middle East conflict win Gold prices drop below $5,000/oz as rate uncertainty grows before Fed meeting Wall Street extends this week’s rebound a day ahead of Fed interest rate decision FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Roth/MKM initiates XCF Global stock at Neutral on refinery restart By Analyst Ratings Published 03/18/2026, 04:52 AM Roth/MKM initiates XCF Global stock at Neutral on refinery restart 0 SAFX 0.00% Investing.com - Roth/MKM initiated coverage on XCF Global Inc. (NASDAQ:SAFX) with a Neutral rating and a price target of $0.40. The stock currently trades at $0.35, though InvestingPro analysis suggests the shares are overvalued relative to its Fair Value estimate. The firm cited the company’s approaching pivot point with the pending first-quarter 2026 restart of the 38 million gallons per year New Rise Reno Sustainable Aviation Fuel refinery. Roth/MKM noted that plant feedstock conversion costs below $1.00 per gallon could lift visibility for positive economics. The firm said success at startup would also enhance XCF management’s negotiating position to remediate the last delinquent items. The research firm said it believes the USDA loan guarantee is an underappreciated strength for the company. Roth/MKM said it could look to be opportunistic on healthy plant economics or possibly on clarity around the remaining balance sheet items. In other recent news, XCF Global has announced the appointment of William Dale as its new Chief Financial Officer, effective January 12, 2026. Dale brings extensive experience in operational finance and capital management, having previously served in similar roles at Newbridge Resources Group LLC and other companies. Additionally, XCF Global is actively evaluating financing options to expand its New Rise Reno 2 facility, a...
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