In response to the ongoing COVID-19 pandemic, Green Plains Inc. (GPRE) is donating additional industrial grade alcohol from its facility in York, Neb. for the production of hand sanitizer to the states of Nebraska and Iowa. “To help curb the spread of COVID-19, we are pleased to provide our local communities with a product that is essential in the production of hand sanitizer,” said Todd Becker, president and chief executive officer of Green Plains Inc. “Hand sanitizer has been in limited supply, and we are eager to help fill a critical need.” Green Plains is providing industrial B Grade alcohol to the University of Nebraska, Lincoln as well as to the Iowa Prison Industries.
OMAHA, Neb., Feb. 26, 2020 -- Green Plains Inc. (NASDAQ:GPRE) today announced it will be participating in investor meetings at the 2020 Credit Suisse Energy Summit on.
OMAHA, Neb., April 27, 2020 -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release first quarter 2020 financial results prior to the market.
An analyst upgraded the stock after seeing signs of a recovery in ethanol markets. Investors might not be as enthusiastic.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Green Plains Inc...
Shares of Green Plains Partners (NASDAQ:GPP) rose 6% after the company reported Q1 results.Quarterly Results Earnings per share increased 2.33% year over year to $0.44, which beat the estimate of $0.42.Revenue of $20,271,000 less by 3.87% from the same period last year, which missed the estimate of $20,280,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: May 04, 2020View more earnings on GPPWebcast URL: https://edge.media-server.com/mmc/p/djgvsy72Technicals Company's 52-week high was at $16.13Company's 52-week low was at $3.47Price action over last quarter: down 65.60%Company Overview Green Plains Partners LP is operational in the United States energy sector. A subsidiary of Green Plains Inc, it was formed to assist its parent company in the business of fuel especially ethanol storage and transportation. The company acquires ethanol storage tanks, terminals, transportation and other related assets essential for its activities. Green Plains Partners generate a substantial portion of its revenues under fee-based commercial agreements with Green Plains Trade for receiving, storing, transferring and transporting ethanol and other fuels.See more from Benzinga * Recap: Green Plains Q1 Earnings * Tremont Mortgage: Q1 Earnings Insights * Recap: NAPCO Security Q3 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Q1 2020 Green Plains Inc and Green Plains Partners LP Earnings Call
OMAHA, Neb., April 14, 2020 -- Green Plains Inc. (NASDAQ:GPRE) today announced the successful startup of its high protein ingredient production facility and the first shipment.
Results for the First Quarter of 2020: Net loss attributable to the company of $16.4 million, or $(0.47) per diluted share including a non-cash goodwill impairment and an.
GPRE earnings call for the period ending March 31, 2020.
Shares of Green Plains (NASDAQ:GPRE) rose 8.5% the company reported Q1 results.Quarterly Results Earnings per share rose 70.62% over the past year to ($0.47), which beat the estimate of ($0.87).Revenue of $632,869,000 less by 1.47% from the same period last year, which missed the estimate of $655,640,000.Guidance Earnings guidance hasn't been issued by the company for now.Green Plains hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 04, 2020View more earnings on GPREWebcast URL: https://edge.media-server.com/mmc/p/djgvsy72Technicals 52-week high: $17.55Company's 52-week low was at $3.77Price action over last quarter: down 53.57%Company Description Green Plains Inc manufactures and sells ethanol and ethanol byproducts in four segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The food and ingredients segment includes cattle feeding operations. The partnership segment provides fuel storage and transportation services.See more from Benzinga * Tremont Mortgage: Q1 Earnings Insights * Recap: NAPCO Security Q3 Earnings * GATX: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Green Plains was soaring Wednesday after Jefferies upgraded the ethanol producer to buy from hold as the ethanol industry rebalances. Analyst Laurence Alexander, who raised his price target to $16 from $7, said Green Plains is likely to move from cost reductions to growth investments in the second half of the year and 2021 as the ethanol industry is already rebalancing, helped by a sharp recovery in gasoline demand. "One of Green Plains' long-standing competitive advantages has been its hedging strategy," Alexander said.
Shares in Sacramento-based Pacific Ethanol Inc. sank even worse than the market indices Monday on a string of bad news for the ethanol industry.
Green Plains Inc. (GPRE) today announced it has donated industrial ethanol to the Nebraska Department of Correctional Services (NDCS) for the use in the production of hand sanitizer. “It has never been more imperative for Green Plains employees to help support local communities and do our part in mitigating the spread of COVID-19,” said Todd Becker, president and chief executive officer of Green Plains Inc. “With a severe shortage of hand sanitizer, donating our industrial ethanol to the state of Nebraska is the least we could do in this challenging environment.” The donated product is made at Green Plains’ York facility, which currently produces 50 million gallons of 200-proof industrial ethanol for use in global markets each year.
Image source: The Motley Fool. Green Plains Partners LP (NASDAQ: GPP)Q1 2020 Earnings CallMay 4, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the Green Plains Inc.
Top Ranked Income Stocks to Buy for March 4th
OMAHA, Neb., May 05, 2020 -- In response to the ongoing COVID-19 pandemic, Green Plains Inc. (NASDAQ:GPRE) is supplying FDA approved, FCC grade alcohol to Xerox Holdings.
Green Plains (GPRE) delivered earnings and revenue surprises of 111.76% and -9.59%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Results for the First Quarter of 2020 Net income of $10.4 million, or $0.44 per common unitAdjusted EBITDA of $13.4 million and distributable cash flow of $11.4.
OMAHA, Neb., May 06, 2020 -- Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, president and chief executive officer, is scheduled to present at the BMO Capital.