Welcome to our dedicated page for Rex American Res news (Ticker: REX), a resource for investors and traders seeking the latest updates and insights on Rex American Res stock.
REX American Resources Corp (REX) delivers essential updates on its ethanol production operations and alternative energy investments through this centralized news hub. Investors and industry observers will find timely reports on financial performance, operational milestones, and strategic initiatives within the renewable energy sector.
This resource provides comprehensive tracking of REX's core activities including ethanol production capacity, by-product innovations like dried distillers grains, and sustainability efforts. Users can access verified press releases covering earnings announcements, partnership developments, and market expansion updates.
Key content areas include quarterly financial disclosures, plant efficiency improvements, and corn oil production metrics. The curated news flow enables stakeholders to monitor REX's position in competitive ethanol markets and its responses to agricultural commodity trends.
Bookmark this page for direct access to REX's official communications and third-party analyses of its renewable energy strategies. Regular updates ensure informed decision-making about this key player in industrial by-product valorization and alternative fuel production.
REX American Resources Corporation (NYSE: REX) announced it will release its fiscal 2021 fourth quarter financial results on March 23, 2022, prior to market opening. A conference call to discuss the results is scheduled for 11:00 a.m. ET on the same day. REX owns interests in six ethanol production facilities, which collectively shipped approximately 691 million gallons of ethanol in the past year. The company's effective ownership accounted for around 279 million gallons shipped during that period.
REX American Resources reported Q3 '21 net sales of $203.1 million, a significant rise from $124.2 million in Q3 '20, driven by increased pricing for ethanol and by-products. Gross profit for continuing operations rose to $25.2 million compared to $18.9 million year-over-year. Net income attributable to shareholders reached $15.3 million, up from $8.8 million a year earlier, resulting in earnings per share of $2.56. As of October 31, 2021, REX held $219.0 million in cash and investments.
REX American Resources Corporation (NYSE: REX) will announce its fiscal 2021 third quarter financial results on December 1, prior to market opening. A conference call will follow at 11:00 a.m. ET for a detailed review of the results. The company operates six ethanol production facilities, which shipped approximately 698 million gallons of ethanol over the twelve months ending July 31, 2021, with REX’s effective ownership accounting for about 283 million gallons. Details are accessible on their website.
REX American Resources Corporation (NYSE: REX) reported significant Q2 '21 financial results, with net sales of $195.8 million, a substantial increase from $39.3 million in Q2 '20. The rise in revenue is attributed to higher ethanol production and favorable pricing. Gross profit surged to $11.1 million, compared to a loss in the previous year. Net income reached $7.9 million, with earnings per share of $1.31. The Board has authorized a repurchase of an additional 500,000 shares following the completion of a previous buyback.
REX American Resources Corporation (NYSE: REX) will report its fiscal 2021 second quarter financial results on September 1, before the market opens. A conference call and webcast will follow at 11:00 a.m. ET to discuss the financial results. REX operates six ethanol production facilities, which shipped approximately 617 million gallons of ethanol in the year ending April 30, 2021, with an effective ownership output of around 243 million gallons. The company acquired a refined coal operation in August 2017.
REX American Resources reported strong financial results for Q1 2021, with net sales of $164.1 million, up from $83.3 million in Q1 2020. This increase was attributed to higher ethanol production levels and pricing. The gross profit for the ethanol segment rose to $19.5 million, a significant recovery from a loss of $8.2 million a year prior. Net income attributable to shareholders was $7.8 million, compared to a loss of $7.6 million in Q1 2020. Earnings per share were $1.30, up from a loss per share of $1.21 in the same quarter last year.
REX American Resources Corporation (NYSE American: REX) announced it will release its fiscal 2021 first quarter financial results on May 26, prior to market opening. A conference call and webcast will follow at 11:00 a.m. ET for results discussion. REX operates six ethanol production facilities, which shipped approximately 605 million gallons of ethanol in the twelve months ending January 31, 2021. REX's effective ownership of gallons shipped for the same period was about 222 million. More details are available on their website.
REX American Resources Corporation (NYSE: REX) reported its Q4 2020 financial results, revealing net sales of $126.0 million, a slight increase from $120.9 million in Q4 2019. The rise in revenue was driven by higher pricing for by-products and increased ethanol production, despite lower ethanol prices. Q4 gross profit for ethanol and by-products grew to $8.3 million. However, net income attributable to shareholders fell to $3.5 million from $4.4 million year-over-year, with EPS dropping to $0.59 from $0.70. The company had $180.7 million in cash and equivalents at quarter-end.
REX American Resources Corporation (NYSE: REX) will announce its fiscal 2020 fourth quarter financial results on March 25, prior to market opening. A conference call is scheduled for 11:00 a.m. ET that same day, accessible via phone at 212/231-2920 or through a live webcast on the REX website. The company operates six ethanol facilities, shipping about 605 million gallons of ethanol in the year ending October 31, 2020, with REX’s ownership stake accounting for approximately 220 million gallons.
REX American Resources Corporation (NYSE: REX) reported a substantial increase in Q3 ‘20 net sales and revenue, rising 43.4% to $124.3 million compared to $86.7 million in Q3 ‘19. This growth is attributed to a 56.7% increase in ethanol gallons sold. The ethanol and by-products segment achieved a gross profit of $18.9 million, reversing a loss from the previous year. Net income attributable to shareholders reached $8.8 million, with EPS at $1.44, compared to a loss of $2.1 million and a loss per share of $0.32 in Q3 ‘19. The company's robust financial position includes over $202 million in cash and liquidity.
