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) will announce its Q2 2021 financial results on August 9, 2021, after market close. The company specializes in custom and performance chemicals as well as biofuels, primarily producing and selling biodiesel. Its custom chemicals include proprietary intermediates and adhesion promoters, while performance chemicals feature polymer modifiers for diverse applications. FutureFuel aims to provide tailored solutions for major chemical companies, enhancing its market position.
FutureFuel Corp (NYSE: FF) announced a special cash dividend of $2.50 per share, set with a record date of May 21, 2021 and a payment date of June 4, 2021. This dividend aims to reward shareholders and reflects the company's strong position in the manufacturing of custom and performance chemicals, as well as biofuels. FutureFuel is recognized for producing specialty chemicals, including bleach activators and biodiesel, which contribute to its diversified product portfolio.
FutureFuel Corp. reported a net loss of $8.8 million, or ($0.20) per diluted share, for Q1 2021, compared to a net income of $19 million in Q1 2020. Revenues decreased by 22% to $41.5 million due to production disruptions from Winter Storm Uri, which decreased revenue by approximately $3 million and increased energy costs by $7.8 million. Adjusted EBITDA plummeted 177% to ($7.8) million. The company declared a regular dividend of $0.06 per share and reported capital expenditures of $146,000.
FutureFuel Corp. (NYSE: FF) announced it will release its first quarter 2021 financial results after market close on May 7, 2021. The company specializes in manufacturing custom and performance chemicals, as well as biofuels. FutureFuel's chemicals segment includes both custom and multi-customer specialty chemicals, catering to major chemical companies and diverse applications. Additionally, the biofuels segment focuses primarily on biodiesel production and sales.
FutureFuel Corp. (NYSE: FF) reported its Q4 2020 financial results, showing a revenue increase of 147.1% to $49.9 million but a significant net income drop of 92.4% to $5.5 million. For the full year, revenues slightly decreased by 0.4% to $204.5 million, with net income also declining by 47.2% to $46.6 million. Adjusted EBITDA fell 63.0% from $78.7 million in 2019 to $29.2 million in 2020. The results were impacted by lower chemical sales volumes due to COVID-19 and the absence of beneficial tax credits received in the previous year.
FutureFuel Corp (NYSE: FF) announced that it will release its year-end 2020 financial results on March 16, 2021, after market close. The company specializes in manufacturing custom and performance chemicals, as well as biofuels, primarily biodiesel. FutureFuel creates specialty chemicals tailored for individual clients as well as multi-customer performance chemicals. Its diverse product portfolio includes proprietary intermediates and polymer modifiers.
FutureFuel Corp. (NYSE: FF) has declared its 2021 quarterly dividend program, announcing a $0.06 per share dividend. The record and payment dates for these dividends are as follows:
- March 1, 2021 - Payment on March 15, 2021
- June 1, 2021 - Payment on June 15, 2021
- September 1, 2021 - Payment on September 15, 2021
- December 1, 2021 - Payment on December 15, 2021
FutureFuel specializes in manufacturing custom and performance chemicals as well as biofuels.
FutureFuel Corp. (NYSE:FF) reported third-quarter net income of $6.9 million, or $0.16 per diluted share, an increase from $6.6 million in Q3 2019. Revenues fell 17.6% to $54.1 million, while adjusted EBITDA decreased 18.4% to $5.6 million. For the nine months, net income surged 159.9% to $41.1 million, despite a 16.4% revenue decline to $154.6 million. The biodiesel operations reported record production rates and positive margins, but chemical sales volumes suffered due to COVID-19.
FutureFuel Corp (NYSE: FF) will release its third quarter 2020 financial results on November 9, 2020, after market close. The company specializes in manufacturing custom and performance chemicals, as well as biofuels, particularly biodiesel. Their product offerings include proprietary agrochemicals, adhesion promoters, and various specialty chemicals serving diverse applications, showcasing FutureFuel's role as a key player in the chemical and biofuel sectors.
FutureFuel Corp. (NYSE:FF) reported a net income of $15.2 million, or $0.35 per diluted share for Q2 2020, a significant increase from $3.7 million in Q2 2019. However, revenues declined by 33.1% to $47.4 million, primarily due to lower selling prices and reduced sales volume in the biofuel and chemical segments. Adjusted EBITDA fell to $2.7 million, down 24.5%. For the first half of 2020, net income rose to $34.2 million from $9.2 million year-over-year, while total revenues decreased 15.8% to $100.5 million.
FAQ
What is the current stock price of Future Fuel Corporation (FF)?
What is the market cap of Future Fuel Corporation (FF)?
What does FutureFuel Corporation specialize in?
Where is FutureFuel Corporation headquartered?
Where is FutureFuel Corporation's manufacturing facility located?
What segments does FutureFuel Corporation operate in?
What products are included in FutureFuel's chemicals segment?
How did FutureFuel perform financially in recent quarters?
What recent dividends were declared by FutureFuel Corporation?
What challenges has FutureFuel faced in the biofuel market?
How is FutureFuel addressing community and environmental responsibility?
What strategies is FutureFuel employing for future growth?
