Headquartered in Omaha, NE Fiscal year ends December NASDAQ: GPRE gpreinc.com
Green Plains Inc. (NASDAQ: GPRE) produces low-carbon biofuels and value-added agricultural products. It reports two operating segments:
- Ethanol production: production, storage and transportation of ethanol, distillers grains, Ultra-High Protein feed ingredients and renewable corn oil, plus carbon capture and sequestration (CCS) operations at its three Nebraska plants.
- Agribusiness and energy services: grain handling and storage, and commodity marketing and merchant trading of company-produced and third-party ethanol, distillers grains, renewable corn oil, natural gas and other commodities.
The company currently runs eight operating ethanol plants after disposing of its Obion, Tennessee facility. It focuses on maximizing yields and lowering carbon intensity to earn Section 45Z clean fuel production tax credits. Those credits have become a major earnings contributor and are being monetized through a credit transfer agreement. Updated
The October 29 agreement to monetize $250 million to $325 million of Section 45Z credits turns tax policy into cash for a company worth under $1 billion. Management raised the full-year 45Z EBITDA contribution to $230 million to $250 million, and a $67.2 million credit booked against cost of goods sold delivered an EPS beat of 67% on revenue missing expectations.
Selecting stocks for the long haul can be a challenge. Here is what could be the best-performing stock in 2030 and why.
Monday's top analyst upgrades and downgrades included CyberArk Software, Diageo, Dish Network, Electronic Arts, Fox, Gilead Sciences, Molson Coors Beverage, O’Reilly Automotive, PacWest Bancorp, Palo Alto Networks, SoFi Technologies and Twilio.
Monday’s additional top analyst upgrades and downgrades were on Amazon.com, Huntington Bancshares, Prologis, Williams-Sonoma and more.
Tuesday’s top analyst upgrades and downgrades included Bed Bath & Beyond, Dick's Sporting Goods, Etsy, Illinois Tool Works, Plains All-American Pipeline, Poshmark, PPL, Revolve and Truist Financial.
24/7 Wall St. has screened the universe of alternative energy stocks and identified six companies with incredible upside potential.
Here are eight stocks that analysts believe could double this year. None of them are focused on COVID-19, but a bonus ninth stock is.
Wednesday's top analyst upgrades and downgrades included AbbVie, American Electric Power, Anheuser-Busch InBev, Arconic, Baidu, Best Buy, Co-Diagnostics, Cree, Exelon, Home Depot, NRG Energy, T-Mobile and Walmart.
Tuesday's top analyst upgrades, downgrades and initiations included Apollo Global Management, BlackRock, Cloudflare, Green Plains, Microsoft, Oracle, Target and TJX Companies.
Green plains suspends its dividend and raises more debt, moves which should spook even the biggest believers of the future of ethanol.
Jon C. Ogg The top analyst upgrades, downgrades and other research calls from Thursday include CBS, Walt Disney, Regions Financial, Salesforce.com and T-Mobile.
Here are nine very speculative outside analyst calls looking for huge upside from the week of November 3, 2017. Conservative investors need to be more than just a little careful here.
The top analyst upgrades, downgrades and other research calls from Friday include Activision, Aetna, Apple, Blue Apron, Pandora, Starbucks, Twitter and YogaWorks.
The top analyst upgrades, downgrades and other research calls from Thursday include Apache, Apple, Berkshire Hathaway, eBay, GrubHub, Hess, Nike, Nucor and Wayfair.
Thursday's top analyst upgrades, downgrades and initiations include Keurig Green Mountain, ON Semiconductor, Salesforce.com, Sunoco, Walt Disney and Wendy's.
Credit Suisse sees investment potential in ethanol producer Green Plains going forward for the rest of this year and even into 2016.
Chris Lange Green Plains Inc. (NASDAQ: GPRE) produces low-carbon biofuels and value-added agricultural products.
The Wall Street consensus 12-month price target for GPRE is $18.50.
