STOCK TITAN

FutureFuel Corp. - FF STOCK NEWS

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

Rhea-AI Summary

FutureFuel (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, will release its second quarter 2024 financial results after market close on August 9, 2024. The announcement was made on July 10, 2024, stating the company's intent to disclose financial performance metrics for the period.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
Tags
-
Rhea-AI Summary

FutureFuel (NYSE: FF) announced the retirement of CEO Tom McKinlay effective September 30, 2024. The company is conducting a national search for a new CEO, retaining an executive search firm for this purpose. A separation agreement has been established to ensure a smooth transition of McKinlay's duties. FutureFuel expressed gratitude for McKinlay's contributions to the company.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.89%
Tags
none
-
Rhea-AI Summary

FutureFuel Corp. (NYSE: FF) reported first quarter 2024 results with revenues of $58.3 million, a decrease of 21% compared to the first quarter of 2023. Net income was $4.3 million, or $0.10 per diluted share, down from $21.1 million, and adjusted EBITDA was $7.1 million. The company declared a special cash dividend of $2.50 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.55%
Tags
Rhea-AI Summary

FutureFuel Corp. (NYSE: FF) postpones the release of its first quarter 2024 financial results to May 10, 2024, due to the need for additional procedures to be completed by the company and its accounting firm.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
-
Rhea-AI Summary
FutureFuel Corp. (NYSE: FF) to Release First Quarter 2024 Financial Results on May 9, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
-
Rhea-AI Summary
FutureFuel Corp. announces the resignation of Alain J. Louvel from the Board of Directors and the appointment of G. Bruce Greer as his replacement. Greer brings extensive experience in the chemical industry and will be compensated in accordance with the Company's director compensation arrangements for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.34%
Tags
management
Rhea-AI Summary
FutureFuel Corp. (FF) announces a $2.50 per share special cash dividend, with an ex-dividend date set for April 10, 2024. Trades made from March 25, 2024, to April 9, 2024, will have a due bill attached for the dividend, obligating sellers to deliver it to buyers. Investors must hold the stock through April 9, 2024, to receive the dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.92%
Tags
dividends
-
News
Rhea-AI Summary
FutureFuel Corp. reports net income of $37.4 million or $0.85 per diluted share, and adjusted EBITDA of $35.0 million for the year ended December 31, 2023. The company also announces a special cash dividend of $2.50 per share and a $25 million share repurchase program. Despite a decrease in consolidated sales revenue, the company saw an increase in net income and income from operations compared to the previous year. FutureFuel's strategy focuses on operational excellence, reliability, and new product growth in the chemicals segment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.91%
Tags
none
-
Rhea-AI Summary
FutureFuel Corp. (NYSE: FF) announces the release date for its year end 2023 financial results on March 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.39%
Tags
Rhea-AI Summary
FutureFuel Corp. (NYSE: FF) has declared its 2023 quarterly dividend program, announcing normal quarterly cash dividends of U.S. $0.06 per share with specific record and payment dates throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.01%
Tags
dividends

FAQ

What does FutureFuel Corporation specialize in?

FutureFuel Corporation specializes in the production of premium biofuels and specialty organic chemicals.

Where is FutureFuel Corporation headquartered?

FutureFuel Corporation is headquartered in Clayton, St. Louis.

Where is FutureFuel Corporation's manufacturing facility located?

FutureFuel operates a world-class integrated manufacturing facility in north-central Arkansas.

What segments does FutureFuel Corporation operate in?

FutureFuel operates in two primary segments: biofuels and chemicals.

What products are included in FutureFuel's chemicals segment?

The chemicals segment includes custom manufacturing and performance chemicals such as agricultural chemicals, herbicides, coatings, and detergents.

How did FutureFuel perform financially in recent quarters?

FutureFuel reported a net income of $2.8 million or $0.06 per diluted share for the first nine months of 2023 and an adjusted EBITDA of $9.7 million.

What recent dividends were declared by FutureFuel Corporation?

In early 2024, FutureFuel declared a special cash dividend of $2.50 per share.

What challenges has FutureFuel faced in the biofuel market?

FutureFuel faced challenges such as fluctuating feedstock prices and varying RIN values impacting their biofuel margins.

How is FutureFuel addressing community and environmental responsibility?

FutureFuel maintains the highest standards of safety and environmental responsibility, focusing on the well-being of its employees and community.

What strategies is FutureFuel employing for future growth?

FutureFuel is focused on developing new customers and products to grow its chemical segment and enhance overall business performance.

FutureFuel Corp.

NYSE:FF

FF Rankings

FF Stock Data

233.70M
43.76M
40.87%
42.78%
2.23%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
United States of America
CLAYTON