Futurefuel Corp Stock Price, News & Analysis

FutureFuel Corp. (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, has announced it will release its Q4 and full-year 2024 financial results on March 28, 2025, after market close.

The company has also disclosed the initiation of its BioDiesel plant restart at its Batesville, Arkansas facility this week. This follows previously announced turnaround activities that began in December 2024 and continued through March 2025. Other processes at the facility have already resumed operations in early March 2025.

FutureFuel Corp. (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, has announced a delay in releasing its financial and operating results for the fourth quarter and year ended December 31, 2024. The postponement is necessary to complete certain procedures by both the company and its independent registered public accounting firm.

The company stated it will announce the new release date for its financial results once all required procedures are completed.

FutureFuel Corp. (NYSE: FF) has announced delays in the completion of its Batesville, Arkansas facility turnaround initially planned through February 2025. The company, which manufactures custom and performance chemicals and biofuels, reported that severe weather conditions in the Batesville area have disrupted their restart timeline.

While most processes are expected to resume in early March 2025, biodiesel production faces a more significant delay, with restart operations postponed until at least the end of March 2025.

FutureFuel Corp (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, has achieved a significant milestone by receiving a Bronze Medal from EcoVadis for its sustainability performance. The company scored in the 73rd percentile in its first year of evaluation.

EcoVadis, a leading global provider of business sustainability ratings, assessed FutureFuel's performance across four key categories: environment, labor and human rights, ethics, and sustainable procurement. The assessment platform encompasses a network of over 150,000 rated companies across more than 180 countries, all committed to building a sustainable future.

This recognition highlights FutureFuel's dedication to Environmental, Social, and Governance (ESG) principles and demonstrates its commitment to enhancing transparency and positive impacts in sustainability practices.

FutureFuel Corp. (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, has announced it will release its year-end 2024 financial results after market close on Friday, March 14, 2025. The company will provide detailed information about its financial performance and business operations for the fiscal year 2024.

FutureFuel Corp. (NYSE: FF) announced significant delays in its Biodiesel production operations. The company's scheduled annual maintenance and turnaround of its Biodiesel plant, which began in late December 2024, has proven more extensive than anticipated and is expected to continue through February 2025. No Biodiesel production will occur until the turnaround is complete.

Adding to the complexity, the Blenders' Tax Credit (Section 40A) expired on December 31, 2024, and has been replaced by the producer's tax credit (IRA 45Z) effective January 1, 2025. However, insufficient details from government agencies regarding IRA 45Z implementation have created industry-wide uncertainty, causing multiple Biodiesel producers to suspend operations. FutureFuel is monitoring the situation to determine its future approach to Biodiesel production.

FutureFuel Corp. (NYSE: FF) has announced receiving Excise Tax Registration approval from the Internal Revenue Service, marking a important first step towards eligibility for the Internal Revenue Code 45Z credit (clean fuel production tax credit). The tax credit, initially approved in August 2022, became effective January 1, 2025. FutureFuel, which has an annual biodiesel production capacity of 60 million gallons, is awaiting further guidance from the IRS regarding the implementation of this tax credit, along with other Renewable Fuel Producers.

FutureFuel Corp. (NYSE: FF) has announced its quarterly dividend program for 2025. The company, which manufactures custom and performance chemicals and biofuels, will distribute quarterly cash dividends of $0.06 per share throughout 2025. The dividends will be paid on March 18, June 18, September 18, and December 18, 2025, with corresponding record dates of March 4, June 4, September 4, and December 4, 2025.

FutureFuel reported a challenging Q3 2024 with revenues declining 56% to $51.1 million from $116.8 million in Q3 2023. The company posted a net loss of $1.2 million ($0.03 per share), compared to net income of $2.8 million ($0.06 per share) in the prior year. The decline was primarily due to lower biofuel sales volumes and prices, along with an unplanned infrastructure outage affecting biodiesel production. The chemical segment faced sluggish demand and margin pressure. For the nine months ended September 30, 2024, revenues decreased 34% to $181.8 million, with net income falling to $12.7 million ($0.29 per share) from $14.0 million ($0.32 per share) in 2023.