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Green Plains, Inc. - GPRE STOCK NEWS

Welcome to our dedicated page for Green Plains news (Ticker: GPRE), a resource for investors and traders seeking the latest updates and insights on Green Plains stock.

Green Plains, Inc. (NASDAQ: GPRE) is a diversified commodity-processing company specializing in ethanol production and its byproducts. As the second-largest ethanol producer globally, with 17 dry mill plants, the company has the capacity to generate nearly 1.5 billion gallons of ethanol annually. Green Plains' operations are segmented into three main areas: ethanol production, agribusiness and energy services, and partnership with Green Plains Partners LP (NASDAQ: GPP).

The ethanol production segment is the cornerstone of Green Plains' business, encompassing the production of ethanol, distillers grains, Ultra-High Protein, and renewable corn oil. This segment is the primary revenue generator for the company. The agribusiness and energy services segment includes grain handling and storage, commodity marketing, and merchant trading. Green Plains manages both company-produced and third-party commodities like ethanol, distillers grains, Ultra-High Protein, and renewable corn oil, as well as natural gas and other commodities.

Green Plains also has a significant interest in Green Plains Partners LP (NASDAQ: GPP), owning a 62.5% limited partner interest and a 2.0% general partner interest. This partnership focuses on offering fuel storage and transportation services through its network of ethanol and fuel storage tanks, terminals, and transportation assets.

Recent achievements include advancements in Ultra-High Protein technology and strategic collaborations aimed at enhancing the production and market reach of renewable fuels. The company's ongoing projects reflect its commitment to sustainability and renewable energy, positioning Green Plains as a leader in the green fuel sector.

  • Core Business: Ethanol production, distillers grains, renewable corn oil
  • Significant Assets: 17 dry mill plants, fuel storage and transportation infrastructure
  • Recent Achievements: Advances in Ultra-High Protein technology
  • Partnerships: Green Plains Partners LP
  • Financial Condition: Strong revenue generation from core segments

By focusing on innovation and sustainability, Green Plains, Inc. continues to play a significant role in the renewable energy sector, contributing to a greener future.

Rhea-AI Summary
Green Plains Inc. (GPRE) will release Q4 and full year 2023 financial results on February 7, 2024. A conference call will follow to discuss performance and outlook. Domestic and international participants can access the call by dialing 888.210.4215 and 646.960.0269, respectively, and referencing conference ID 5027523.
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Green Plains Inc. (NASDAQ: GPRE) and Green Plains Partners LP (NASDAQ: GPP) have completed the previously announced Agreement and Plan of Merger, with Green Plains acquiring all publicly held common units of the Partnership. The Merger involved a combination of 0.405 shares of Green Plains common stock and $2.00 in cash, plus unpaid distributions. As a result, the Partnership became an indirect wholly owned subsidiary of Green Plains, and its common units will no longer be listed on the NASDAQ.
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Green Plains Inc. (NASDAQ: GPRE) and Green Plains Partners LP (NASDAQ: GPP) announced the approval of the Merger Agreement and the Merger, with the Partnership surviving as a wholly owned subsidiary of Green Plains. The Merger is expected to close on January 9, 2024, with the Partnership's common units to be delisted from Nasdaq and deregistered under the Exchange Act.
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Green Plains Inc. (NASDAQ:GPRE) CEO Todd Becker to participate in fireside chat at Goldman Sachs Energy, CleanTech & Utilities Conference
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Green Plains Inc. (NASDAQ:GPRE) to participate in fireside chat at Stephens Annual Investment Conference on November 16, 2023. The company will also engage in meetings with institutional investors and provide conference materials on their Investors page.
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Green Plains Partners LP (NASDAQ:GPP) reported net income of $9.4 million, or $0.40 per common unit, for the third quarter of 2023. Adjusted EBITDA was $12.7 million and distributable cash flow was $10.7 million. The partnership declared a quarterly cash distribution of $0.455 per unit. The merger agreement with Green Plains Inc. was also announced.
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Green Plains Inc. reported net income of $22.3 million for Q3 2023, compared to a net loss of $73.5 million in Q3 2022. Revenues were $892.8 million, down from $955.0 million in the same period last year. EBITDA was $52.0 million, a significant improvement from ($35.6) million in Q3 2022. The company achieved a plant utilization rate of 93.9% and expects a strong Q4 based on solid production rates and expanding Ultra-High Protein sales.
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Green Plains Partners declares quarterly cash distribution of $0.455 per unit for Q3 2023
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Green Plains Inc. and Green Plains Partners LP to release third quarter 2023 financial results
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Green Plains Inc. and Green Plains Partners LP have entered into a merger agreement. Each outstanding common unit of the Partnership not already owned by Green Plains will be converted into 0.405 shares of Green Plains common stock and $2.00 in cash. The merger consideration represents a value of approximately $15.69 per Partnership common unit, a premium of 20% to the closing price on May 3, 2023. The transaction is expected to close in Q4 2023, subject to approvals.
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FAQ

What is the current stock price of Green Plains (GPRE)?

The current stock price of Green Plains (GPRE) is $9.64 as of January 3, 2025.

What is the market cap of Green Plains (GPRE)?

The market cap of Green Plains (GPRE) is approximately 636.2M.

What does Green Plains, Inc. do?

Green Plains, Inc. specializes in ethanol production, distillers grains, and renewable corn oil, among other commodities.

How many ethanol plants does Green Plains operate?

Green Plains operates 17 dry mill ethanol plants, producing nearly 1.5 billion gallons of ethanol annually.

What are the main segments of Green Plains' business?

The main segments are ethanol production, agribusiness and energy services, and partnership with Green Plains Partners LP.

What products are generated from the ethanol production segment?

The segment produces ethanol, distillers grains, Ultra-High Protein, and renewable corn oil.

What is Green Plains Partners LP?

Green Plains Partners LP provides fuel storage and transportation services and is partially owned by Green Plains, Inc.

What recent achievements has Green Plains made?

Green Plains has made advancements in Ultra-High Protein technology and strategic collaborations to enhance renewable fuel production.

What is the capacity of Green Plains' ethanol production?

Green Plains can produce nearly 1.5 billion gallons of ethanol annually.

What other commodities does Green Plains manage?

Green Plains manages natural gas, Ultra-High Protein, renewable corn oil, and other commodities.

What is the financial condition of Green Plains?

Green Plains has a strong revenue generation from its core business segments.

How does Green Plains contribute to sustainability?

Green Plains focuses on renewable energy and sustainable practices in its production processes.
Green Plains, Inc.

Nasdaq:GPRE

GPRE Rankings

GPRE Stock Data

636.17M
62.82M
2.95%
101.7%
10.43%
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Industrial Organic Chemicals
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