XCF Global CEO Updates Shareholders Following Recent Market Volatility
Key Highlights
- ➤August revenue exceeded $10 million
- ➤September gross product sales topped $12 million
- ➤Daily production reached approximately 85,000 gallons by end-September
- ➤Business combination with Southern Energy Renewables and DevvStream closed
- ➤Reno facility transitioning from development and commissioning to commercial operations
Expert Statements
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“We understand that the recent volatility and decline in our share price have been concerning and frustrating for our shareholders, and we take those concerns seriously.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“Although short-term market movements are outside our control, we remain firmly focused on what we can control: executing our strategy, managing our resources responsibly, strengthening our business, and creating sustainable long-term value for our shareholders.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“Over the past several months, we believe XCF has made meaningful progress in transitioning our Reno facility from development and commissioning to commercial operations.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“These milestones reflect tangible progress in building our business and the dedication of our team.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“We believe this progress positions XCF to respond to continued growth in demand for renewable fuels, supported by the expansion of low-carbon fuel programs across a growing number of states.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“We recognize that operational progress must ultimately translate into sustainable profitability, greater financial strength, and long-term shareholder value.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“Our management team and Board remain focused on these priorities, including disciplined capital allocation, responsible management of our capital structure, and protection of our shareholders' long-term interests.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“We know that shareholder confidence is earned through execution, transparency, and results.”
Chris Cooper, Chief Executive Officer of XCF Global, Inc.
“Our responsibility is not simply to grow the business, but to ensure that the value created by that growth benefits our shareholders over the long term.”
HOUSTON, TX / ACCESS Newswire / October 16, 2026 / XCF Global, Inc. (NASDAQ:SAFX) today shared the following update with shareholders:
"We understand that the recent volatility and decline in our share price have been concerning and frustrating for our shareholders, and we take those concerns seriously. We value the confidence our shareholders have placed in XCF and believe it is important to communicate openly about the progress we are making and the priorities that continue to guide us.
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