Welcome to our dedicated page for Future Fuel Corporation news (Ticker: FF), a resource for investors and traders seeking the latest updates and insights on Future Fuel Corporation stock.
FutureFuel Corporation (FF) is a prominent U.S. manufacturer specializing in premium biofuels and specialty organic chemicals. Headquartered in Clayton, St. Louis, and publicly traded on the NYSE under the ticker symbol FF, FutureFuel operates a world-class integrated manufacturing facility in north-central Arkansas.
The company's operations are segmented into two primary divisions: Biofuels and Chemicals. The biofuel segment is dedicated to producing high-quality biodiesel and other petroleum products using a blend of diesel, vegetable oils, and grease feedstock. This segment has witnessed significant activity, selling 19 million gallons of biodiesel in a recent quarter, despite challenges such as fluctuating feedstock prices and varying Renewable Identification Number (RIN) values.
The chemicals segment is bifurcated into custom manufacturing and performance chemicals. It includes FutureFuel's branded line of specialty chemical products used in a variety of applications, from agricultural chemicals like herbicides to detergents and coatings. The segment's performance was impacted by global glycerin price drops and high inventory levels in North America.
FutureFuel's commitment to safety and environmental responsibility is paramount. The company maintains rigorous standards to ensure the well-being of its employees and the community. Leveraging its extensive expertise, FutureFuel has become a leading U.S. manufacturer of premium biodiesel, contributing to sustainable energy solutions.
In recent financial updates, FutureFuel reported a net income of $2.8 million or $0.06 per diluted share for the first nine months of 2023. Adjusted EBITDA was stated at $9.7 million, reflecting the dynamic conditions of the biofuel and chemical markets. Looking ahead, the company is focused on developing new customers and products to bolster growth in its chemical segment.
FutureFuel's robust financial health is underscored by significant capital expenditures and strong cash reserves. The company also declared a special cash dividend of $2.50 per share in early 2024, demonstrating its commitment to delivering value to shareholders despite market volatility.
For the latest news and updates on FutureFuel Corporation, including financial results and strategic developments, visit our dedicated news section on StockTitan.
FutureFuel Corp. (NYSE: FF) announced it will release its second quarter 2022 financial results on August 8, 2022, after market close. The company specializes in manufacturing custom and performance chemicals and biofuels, including biodiesel. Its chemicals segment focuses on custom and multi-customer specialty chemicals, catering to major chemical firms. FutureFuel aims to meet diverse customer needs in the chemical industry through its innovative product lines.
FutureFuel Corp. (NYSE:FF) reported a net loss of $12.4 million, or $0.28 per diluted share, for Q1 2022, a deterioration from a loss of $8.8 million in Q1 2021. Revenues grew 2% to $42.3 million, driven by increased sales prices in chemicals and biofuels despite a decline in biodiesel sales volume. Adjusted EBITDA improved to $2.1 million from a loss of $7.8 million. However, the company faced challenges including significant derivative losses of approximately $12 million due to market volatility. FutureFuel paid a cash dividend of $0.06 per share during the quarter.
FutureFuel Corp. (NYSE: FF) will announce its first quarter 2022 financial results after market close on May 9, 2022. The company specializes in manufacturing custom and performance chemicals, as well as biofuels, primarily focusing on biodiesel production. FutureFuel's offerings include specialty chemicals for major chemical companies, with a diverse product portfolio in both custom and performance categories.
FutureFuel Corp. announced its financial results for Q4 and the full year 2021. Q4 revenues surged to $107.1 million, a 115% increase from 2020, with net income rising to $22.3 million or $0.51 per diluted share. For the full year, revenues grew by 57% to $321.4 million, although net income fell to $26.3 million, down 44% compared to 2020. Key drivers included price increases in biofuels and a recovery from disruptions caused by Winter Storm Uri. FutureFuel declared a quarterly dividend of $0.06 per share for Q1 2022.
FutureFuel Corp. (NYSE: FF) will release its year-end 2021 financial results on March 15, 2022, after market close. The company specializes in custom and performance chemicals as well as biofuels, primarily biodiesel. FutureFuel's custom chemicals include proprietary intermediates and chlorinated polyolefin adhesion promoters. Its performance chemicals encompass polymer modifiers and various specialty chemicals for diverse applications. The announcement marks an essential update for investors interested in the company’s financial performance and future outlook.
FutureFuel Corp. (NYSE: FF) has announced its 2022 quarterly dividend of $0.06 per share, reflecting the company's commitment to returning value to shareholders. The declared dividends will be distributed on scheduled dates: March 15, June 15, September 15, and December 15, following record dates of March 1, June 1, September 1, and December 1, respectively. FutureFuel is recognized for its manufacturing of custom and performance chemicals, alongside biofuels, indicating a strong position in diversified chemical products.
On January 14, 2022, FutureFuel Corp. (NYSE: FF) appointed Charles W. Lyon as Senior Vice President of Strategy and Planning, enhancing its leadership team. Lyon brings over 25 years of international experience in the industrial and specialty chemical sectors. He will lead the Sales, Marketing, and Technology teams, focusing on business growth strategies for custom and specialty chemicals and biodiesel products. This strategic hire is expected to positively impact FutureFuel's operations and market position as the company pursues its next growth chapter.
FutureFuel Corp. (NYSE:FF) reported a third quarter net income of $9.2 million, representing $0.21 per diluted share, an increase from $6.9 million in Q3 2020. Revenue surged 82% to $98.7 million, while adjusted EBITDA rose 100% to $11.1 million. For the first nine months of 2021, revenue reached $214.3 million, up 39% year-over-year, but net income fell to $3.9 million from $41.1 million in 2020. The decline resulted from high natural gas prices and reduced production volumes. FutureFuel paid a quarterly dividend of $0.06 per share, with another expected in December.
FutureFuel Corp. (NYSE: FF) announced it will release its Q3 2021 financial results after market close on November 9, 2021. The company specializes in custom and performance chemicals and biodiesel, providing tailored chemical products for major industries. FutureFuel's diverse portfolio includes proprietary intermediates, chlorinated polyolefin adhesion promoters, and biodiesel production.
FutureFuel Corp. (NYSE:FF) reported a net income of $3.5 million, down from $15.2 million in the same quarter last year, reflecting a 77% decline in profitability. Revenue grew by 56% to $74.1 million, fueled by price increases in the biofuels segment, though sales volumes in chemicals decreased. Adjusted EBITDA rose 76% to $4.7 million. For the first half of 2021, revenue reached $115.6 million, up 15%, but the company reported a net loss of $5.3 million. The company continues to focus on recovering its chemicals segment while providing dividends, including a special dividend of $2.50 per share.
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