Waste Energy Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $365.4K
- Price
- $0.0019
- % Change (Daily % change from the live per-ticker quote feed.)
- +5.56%
- Volume
- 828.7K
About
Waste Energy Corp. functions as a specialized waste-to-energy enterprise, primarily dedicated to transforming discarded plastic and tire materials into valuable energy products and sustainable environmental assets. The company, which was incorporated in 2010 and maintains its headquarters in Fairfield, California, adopted its current name in September 2024, having previously operated under the moniker MetaWorks Platforms, Inc.
Quick stats
Shares outstanding192.3M
Computed float159.2M
Float / shares82.8%
Key info
SectorIndustrials
IndustryWaste Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001515139
Websitehttps://www.wec.eco
AI Summary
AI-generated1/20
minorbullishoperations update
Waste Energy Completes Expansion of Midland Waste Conversion Facility to Approximately 12.5 Acres
Waste Energy Corp. completed the expansion of its Midland, Texas waste conversion campus to approximately 12.5 acres, including roughly 7,500 square feet of added shop space for a combined 12,500 square feet.
The company also reported progress on the final buildout of its first commercial-scale waste conversion system, with remaining large components expected to be set next week before piping, integration, and testing begin.
The expanded footprint increases capacity for waste tire intake and processing in the Permian Basin, a market where roughly 40 million tires were managed in Texas in 2024 per TCEQ. The project is not yet generating revenue and remains pre-commercial.
Red flags
- pre-revenue company; commercial operations and testing milestones still ahead with no guaranteed timeframes
- no cost, funding, or capex details disclosed for the expansion or system completion