Welcome to our dedicated page for Green Plains Partners LP news (Ticker: GPP), a resource for investors and traders seeking the latest updates and insights on Green Plains Partners LP stock.
Green Plains Partners LP (GPP) is a prominent service provider in the United States offering fuel storage and transportation services. Established in 2015 and headquartered in Omaha, Nebraska, the company is a subsidiary of Green Plains Inc. Green Plains Partners LP focuses on acquiring, owning, developing, and operating ethanol and fuel storage facilities, terminals, and transportation assets.
Currently, Green Plains Partners LP owns or leases 32 ethanol storage facilities and approximately 49 acres of land. They also operate 7 fuel terminals spanning across Alabama, Arkansas, Louisiana, Mississippi, Kentucky, and Oklahoma. Additionally, the company manages a fleet composed of 19 trucks and tankers for the efficient transportation of ethanol and other related products.
Green Plains Holdings LLC acts as the general partner of the company, ensuring strategic alignment and effective management. The company has made significant achievements in expanding its infrastructure and capabilities in the biofuel sector, playing a vital role in the energy supply chain.
With a solid track record of operations and continuous efforts in optimizing its facilities and logistics, Green Plains Partners LP is positioned as a reliable partner in the fuel transportation industry. The company's operations are crucial for supporting the growing demand for sustainable and efficient fuel alternatives.
Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will announce their first quarter 2023 financial results on May 4, 2023, before the market opens. A joint conference call is scheduled for 9 a.m. Eastern time to discuss performance and future outlook. Investors can access the call by calling 888.210.4215 or 646.960.0269. Green Plains Inc. is a biorefining company specializing in sustainable biofuels and value-added ingredients from renewable crops. The company also holds a 48.8% limited partner interest in Green Plains Partners LP, which focuses on fuel storage and transportation services.
Green Plains Partners LP (NASDAQ:GPP) has announced a quarterly cash distribution of $0.455 per unit, amounting to $1.82 on an annualized basis, for Q1 2023. This distribution will be payable on May 12, 2023, to unit holders of record by the close of business on May 5, 2023. The press release also serves as a qualified notice to brokers regarding tax withholding obligations for non-U.S. investors, indicating that 100% of distributions to foreign investors will be subject to U.S. federal income tax withholding at the highest applicable rate. Green Plains Partners is a Delaware limited partnership focused on providing fuel storage and transportation services for ethanol and related assets.
Green Plains Inc. (NASDAQ: GPRE) announced the retirement of Wayne Hoovestol, Chairman of the Board, effective at the Annual Meeting on May 9. Hoovestol has served on the Board since 2006 and as Chairman since 2008. This retirement aligns with the company's board refreshment initiative, reducing the Board from nine to eight directors. Hoovestol expressed gratitude for his experience and is optimistic about the company's transformation under new leadership. Green Plains is focused on biofuel production, renewable feedstocks, and sustainable ingredients, holding a significant interest in Green Plains Partners LP (NASDAQ: GPP).
Green Plains Inc. (NASDAQ:GPRE) announced that CEO Todd Becker will engage in a fireside chat at the 35th Annual ROTH Conference on March 14, 2023, at 1:30 p.m. Eastern Time. The event will be accessible via live webcast and replay on the Investors page of Green Plains' website.
Green Plains is a prominent biorefining company that focuses on sustainable production of low carbon biofuels, renewable feedstocks, and high purity alcohols. The company also holds a 48.8% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP (NASDAQ:GPP).
Green Plains Inc. (NASDAQ: GPRE) will attend the Credit Suisse 28th Annual Energy Summit on February 27-28 and the Bank of America 2023 Global Agriculture and Materials Conference on March 2. Todd Becker, President and CEO, will speak during a fireside chat at the latter event at 3:50 p.m. Eastern Time. Conference materials and webcasts can be found on the Investors page of Green Plains’ website at https://investor.gpreinc.com/events-presentations. Green Plains focuses on biorefining and producing sustainable ingredients from renewable crops, including low carbon biofuels and high purity alcohols.
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