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Green Plains Partners LP - GPP STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Green Plains Partners LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Green Plains Partners LP's position in the market.

Rhea-AI Summary
Green Plains Inc. (GPRE) reported net income of $7.2 million, or EPS of $0.12 per diluted share, in the fourth quarter of 2023. Business highlights include the acquisition of Green Plains Partners LP, 60% protein sales development, and diversification of decarbonization strategy. The company achieved a 95% utilization rate for the quarter and a strong liquidity position with $378.8 million of cash and cash equivalents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.04%
Tags
earnings
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-100%
Tags
acquisition
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
acquisition
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
acquisition
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
acquisition
-
Rhea-AI Summary
Green Plains Inc. (NASDAQ:GPRE) CEO Todd Becker to participate in fireside chat at Goldman Sachs Energy, CleanTech & Utilities Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
conferences
Rhea-AI Summary
Green Plains Inc. (NASDAQ:GPRE) CEO Todd Becker to participate in fireside chat at Goldman Sachs Energy, CleanTech & Utilities Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
conferences
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
conferences
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
conferences
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
earnings
Green Plains Partners LP

Nasdaq:GPP

GPP Rankings

GPP Stock Data

286.39M
7.88M
50.82%
23.35%
0.88%
All Other Basic Organic Chemical Manufacturing
Manufacturing
Link
US
Omaha

About GPP

green plains partners lp provides fuel storage and transportation services in the united states. it acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. the company owns or leases 32 ethanol storage facilities and approximately 49 acres of land; and 7 fuel terminals in alabama, arkansas, louisiana, mississippi, kentucky, and oklahoma. it also owns and operates fleet of 19 trucks and tankers for transportation of ethanol and other products. green plains holdings llc serves as the general partner of the company. the company was founded in 2015 and is headquartered in omaha, nebraska. green plains partners lp is a subsidiary of green plains inc.