2025-05-19-Jefferies-下周与斯科特·欧文博士的能源专家电话会议美国生物燃料展望_7页_164kb

Equity Research Summary: Global Energy - May 19, 2025
This report focuses on US energy equity research, highlighting an upcoming expert call hosted by Jefferies.

Upcoming Event: A virtual discussion on US biofuel market outlook and policies, featuring Dr. Scott H. Irwin, a prominent agricultural economist and professor at the University of Illinois.

Event Details:

• Date and Time: Tuesday, May 27, 2025; 3:00 PM GMT / 4:00 PM CET / 10:00 AM EST.
• Hosts: Jefferies analysts including Giacomo Romeo, Dushyant Ailani, Lloyd Byrne, Kai Ye Loh, and Charlie Bentley.
• Registration: Available via a link provided in the report (details omitted).

Background: The call aims to explore key developments in US biofuels, renewable diesel, RIN, LCFS, and CFPC, leveraging Dr. Irwin's expertise.

Discussion Topics:

• EPA's 2026 RVO Proposal
• Clean Fuel Production Credit (CFPC) implementation and modified 45Z tax credits
• Outlook for RIN and LCFS credit prices
• State-level regulations, including LCFS and SRE policy
• Impact of the initial GOP tax bill draft on biofuel producers
• Ethanol outlook and E15 policy

No Replay Available: The live call does not offer a recording.

Analyst Involvement: Jefferies analysts provide personal views, certifications, and investment recommendations, with disclosures on compliance and potential conflicts of interest.

Ratings and Valuation: Rates securities as Buy, Hold, or Underperform based on total return potential, with methodologies including DCF, EBITDA, and EV/EBITDA.

Disclosures: Extensive legal and regulatory information covers investment risks, analyst compensation, and regional distribution details, emphasizing no guarantee of outcomes and reliance on personal judgment.