Futurefuel Corp Stock Price, News & Analysis

FutureFuel Corp. (NYSE: FF) will announce its third quarter 2022 financial results after the market closes on November 9, 2022. The company specializes in the manufacturing of diversified chemical and biofuel products, including custom and performance chemicals.

FutureFuel Corp. (NYSE:FF) reported a net loss of $3.1 million, or $0.07 per diluted share for Q2 2022, compared to a net income of $3.5 million in Q2 2021. Revenues rose 59% to $117.8 million, driven by increased prices in the biofuels segment. Adjusted EBITDA reached $18.7 million, a significant improvement from $4.7 million a year earlier. The company also noted lesser sales volumes in both its biofuels and chemicals segments.

Despite these challenges, FutureFuel is optimistic about its future, especially after amending its derivative strategy to mitigate market risks.

FutureFuel Corp. (NYSE: FF) announced significant leadership changes on July 11, 2022. Tony Novelly, who has been CEO since 2013, will step down on July 31, 2022, but will remain as Chairman. Thomas McKinlay, the current COO, has been appointed as the new CEO. Additionally, P.A. Novelly and Ronald J. Kruszewski have been appointed to the Board of Directors. These changes aim to strengthen governance and capitalize on future growth opportunities while ensuring continuity in leadership.

FutureFuel Corp. (NYSE: FF) announced it will release its second quarter 2022 financial results on August 8, 2022, after market close. The company specializes in manufacturing custom and performance chemicals and biofuels, including biodiesel. Its chemicals segment focuses on custom and multi-customer specialty chemicals, catering to major chemical firms. FutureFuel aims to meet diverse customer needs in the chemical industry through its innovative product lines.

FutureFuel Corp. (NYSE:FF) reported a net loss of $12.4 million, or $0.28 per diluted share, for Q1 2022, a deterioration from a loss of $8.8 million in Q1 2021. Revenues grew 2% to $42.3 million, driven by increased sales prices in chemicals and biofuels despite a decline in biodiesel sales volume. Adjusted EBITDA improved to $2.1 million from a loss of $7.8 million. However, the company faced challenges including significant derivative losses of approximately $12 million due to market volatility. FutureFuel paid a cash dividend of $0.06 per share during the quarter.

FutureFuel Corp. (NYSE: FF) will announce its first quarter 2022 financial results after market close on May 9, 2022. The company specializes in manufacturing custom and performance chemicals, as well as biofuels, primarily focusing on biodiesel production. FutureFuel's offerings include specialty chemicals for major chemical companies, with a diverse product portfolio in both custom and performance categories.

FutureFuel Corp. announced its financial results for Q4 and the full year 2021. Q4 revenues surged to $107.1 million, a 115% increase from 2020, with net income rising to $22.3 million or $0.51 per diluted share. For the full year, revenues grew by 57% to $321.4 million, although net income fell to $26.3 million, down 44% compared to 2020. Key drivers included price increases in biofuels and a recovery from disruptions caused by Winter Storm Uri. FutureFuel declared a quarterly dividend of $0.06 per share for Q1 2022.

FutureFuel Corp. (NYSE: FF) will release its year-end 2021 financial results on March 15, 2022, after market close. The company specializes in custom and performance chemicals as well as biofuels, primarily biodiesel. FutureFuel's custom chemicals include proprietary intermediates and chlorinated polyolefin adhesion promoters. Its performance chemicals encompass polymer modifiers and various specialty chemicals for diverse applications. The announcement marks an essential update for investors interested in the company’s financial performance and future outlook.

FutureFuel Corp. (NYSE: FF) has announced its 2022 quarterly dividend of $0.06 per share, reflecting the company's commitment to returning value to shareholders. The declared dividends will be distributed on scheduled dates: March 15, June 15, September 15, and December 15, following record dates of March 1, June 1, September 1, and December 1, respectively. FutureFuel is recognized for its manufacturing of custom and performance chemicals, alongside biofuels, indicating a strong position in diversified chemical products.