Green Plains Stock Price, News & Analysis

Green Plains Partners LP (GPP) reported its Q4 2021 results, showing a net income of $9.9 million ($0.42/unit) with a decline from $10.3 million in Q4 2020. The full year net income was $40.4 million ($1.71/unit). Adjusted EBITDA for Q4 2021 was $12.2 million with a distribution coverage ratio of 1.05x. Full year adjusted EBITDA reached $52.1 million. The partnership's cash distribution was increased to $0.44/unit for Q4, payable on February 11, 2022. Revenue and throughput showed a decline due to the sale of ethanol plants.

Green Plains Partners LP (NASDAQ:GPP) has declared a quarterly cash distribution of $0.44 per unit for Q4 2021, which equates to $1.76 annually. The distribution is set to be paid on February 11, 2022, to unitholders recorded by the end of business on February 4, 2022. Additionally, the partnership's distributions to foreign investors will be subject to the highest U.S. federal income tax withholding rate, as they are considered effectively connected with U.S. trade or business. This notice provides essential information for unitholders and potential investors.

Green Plains Partners LP (NASDAQ:GPP) reported its third quarter 2021 financial results, highlighting a net income of $9.4 million or $0.40 per unit, a decrease from $10.3 million in Q3 2020. Adjusted EBITDA was $13.5 million with distributable cash flow at $11.5 million. The quarterly cash distribution was declared at $0.435 per unit, payable on November 12, 2021. Revenue decreased by $2.1 million due to lower transportation and storage services, reflecting the impact of asset sales. The distribution coverage ratio remained healthy at 1.11x.

Green Plains Partners LP (NASDAQ:GPP) declared a quarterly cash distribution of $0.435 per unit, amounting to an annualized $1.74 per unit, for Q3 2021. The payout is scheduled for Nov. 12, 2021, to unitholders on record by Nov. 5, 2021. This distribution is relevant for foreign investors, as it is subject to the highest U.S. federal income tax withholding rate. Green Plains Partners focuses on providing fee-based fuel storage and transportation services.

Green Plains Partners LP (NASDAQ:GPP) reported a net income of $10.3 million, or $0.44 per common unit, for Q2 2021, slightly up from $10.2 million in Q2 2020. Adjusted EBITDA stood at $12.7 million with a distributable cash flow of $11.2 million. The partnership's distribution coverage ratio was 3.95x. Revenue decreased by $0.7 million due to lower railcar transportation and storage services, impacted by the sale of ethanol plants. The partnership maintained a liquidity of $6.3 million, with total debt at $52 million.

Green Plains Partners LP (NASDAQ:GPP) announced a quarterly cash distribution of $0.12 per unit, amounting to $0.48 annually, for Q2 2021. The distribution is payable on August 13, 2021, to unitholders on record by August 6, 2021. This release also notes that all distributions to foreign investors are subject to U.S. federal income tax withholding at the highest effective tax rate. Green Plains Partners focuses on providing fuel storage and transportation services.

Green Plains Partners LP (NASDAQ:GPP) reported a net income of $10.7 million, or $0.45 per common unit, for Q1 2021, showing a slight increase from $10.4 million in Q1 2020. Adjusted EBITDA rose to $13.8 million and distributable cash flow reached $11.7 million. The quarterly cash distribution was set at $0.12 per unit, with a coverage ratio of 4.13x. Total debt was $61.1 million, with liquidity of $4.8 million. The sale of the ethanol plant in Ord, Nebraska, contributed to debt repayment efforts.

Green Plains Partners LP (NASDAQ:GPP) announced a quarterly cash distribution of $0.12 per unit for Q1 2021, equating to $0.48 annually. This distribution will be payable on May 14, 2021, to unitholders of record by the close of business on May 7, 2021. The press release also clarified that all distributions to foreign investors are subject to U.S. federal income tax withholding at the highest effective tax rate, as they are linked to U.S. trade or business income. For more details, visit their website.

Green Plains Partners LP (NASDAQ:GPP) reported a net income of $10.3 million, or $0.44 per common unit, for Q4 2020, slightly down from $10.4 million in Q4 2019. Adjusted EBITDA increased to $13.8 million from $13.3 million year-over-year, with distributable cash flow at $11.3 million. The partnership also announced a quarterly cash distribution of $0.12 per unit, with a distribution coverage ratio of 3.98x. The year saw strategic asset sales aimed at strengthening the balance sheet and reducing debt, positioning the partnership for future growth.