Welcome to our dedicated page for Green Plains news (Ticker: GPRE), a resource for investors and traders seeking the latest updates and insights on Green Plains stock.
Green Plains Inc. (GPRE) operates at the intersection of agriculture and renewable energy as a leader in ethanol production and diversified commodity processing. This news hub provides investors and industry professionals with centralized access to official announcements, financial updates, and strategic developments.
Track key business activities through press releases covering quarterly earnings, sustainability initiatives, and operational expansions. Our curated collection ensures timely updates on GPRE's grain storage innovations, cattle feedlot operations, and logistics partnerships that drive market performance.
Discover how Green Plains navigates commodity markets while advancing clean energy solutions. Bookmark this page for direct access to verified information on production milestones, regulatory compliance updates, and value-driven partnerships shaping the agribusiness sector.
Green Plains Inc. (NASDAQ:GPRE) has announced significant progress in its 'Advantage Nebraska' carbon capture strategy, confirming it remains on schedule for operation in H2 2025. Tallgrass has secured all rights of way for connecting Nebraska plants and obtained Class VI sequestration well permits. Construction of compression infrastructure will begin in February, with equipment delivery expected in Q2.
The project aims to permanently sequester 800,000 tons of biogenic carbon dioxide annually from Central City, Wood River, and York facilities, with potential scaling to 1.2 million tons per year. The recently released 45Z GREET model indicates U.S. corn ethanol can reduce its CI score by approximately 32 points with carbon capture. The Central City facility's CI score would decrease from 51 to 19 with carbon capture implementation.
This initiative positions Green Plains to benefit from Federal tax credits, state low carbon fuel markets, private carbon credit markets, and future opportunities in the sustainable aviation fuel market.
Green Plains (NASDAQ:GPRE) has announced its participation in the Stephens Annual Investment Conference in Nashville. President and CEO Todd Becker will engage in a fireside chat on Wednesday, Nov. 20 at 12:00 p.m. Eastern Time. The company will also conduct meetings with institutional investors during the conference. Both the live webcast and replay will be accessible through the Investors page on Green Plains' website.
Green Plains Inc. (NASDAQ:GPRE) reported strong Q3 2024 financial results with net income of $48.2 million, or $0.69 per diluted share, up from $22.3 million in Q3 2023. The company achieved EBITDA of $83.3 million, including a $30.7 million gain on asset sale. Revenue decreased to $658.7 million from $892.8 million year-over-year. Notable operational achievements include a 97% plant utilization rate, record ethanol and Ultra-High Protein yields, and record renewable corn oil production. The company's Clean Sugar Technology facility in Shenandoah, Iowa has begun production with samples sent to customers.
Green Plains Inc (NASDAQ:GPRE) announced a planned CFO transition, with Phil Boggs, current EVP of Investor Relations & Finance, succeeding Jim Stark effective November 1, 2024. Stark will retire by year-end after serving as CFO since 2022. Boggs, who joined the company in 2009, has held various roles including Treasury and Investor Relations positions. The transition is part of a predetermined succession plan, with Stark having prepared Boggs for the CFO role. CEO Todd Becker expressed confidence in Boggs' experience and leadership capabilities to guide the company's finance organization forward.
Green Plains Inc. (NASDAQ:GPRE) has announced successful production of dextrose syrups at the world's first commercial Clean Sugar Technology™ (CST™) facility in Shenandoah, Iowa. The patented system produces dextrose and glucose corn syrups with up to 40% lower carbon-intensity than existing alternatives. The facility has achieved 3rd party certification for Good Manufacturing Practices, with FSSC 22000 certification expected next quarter. The company is in advanced negotiations for multiple offtake partnerships, with current demand exceeding production capacity. Commercial shipments will begin in coming weeks, and production optimization will continue over several quarters.
Green Plains Inc. (NASDAQ:GPRE) has announced its upcoming third quarter 2024 earnings release and conference call. The company will release its financial results before the market opens on October 31, 2024. Following this, Green Plains will host a conference call at 9 a.m. Eastern time (8 a.m. Central time) to discuss the quarter's performance and future outlook.
Investors and analysts can participate in the call by dialing 888.210.4215 (domestic) or 646.960.0269 (international) and using the conference ID 5027523. Participants are advised to call at least 10 minutes before the start time. Additionally, interested parties can access the conference call and presentation materials through the Green Plains website at https://investor.gpreinc.com.
Green Plains Inc. (NASDAQ:GPRE) has announced the completion of the sale of its unit train terminal in Birmingham, Alabama. The terminal was sold by Green Plains' subsidiary, Birmingham BioEnergy Partners, , to Lincoln Terminal Company, The proceeds from the sale were used to repay the outstanding balance of the Green Plains Partners term loan due July 20, 2026.
Todd Becker, President and CEO of Green Plains, commented on the transaction, stating that it helps eliminate the remaining partnership debt, strengthens the company's balance sheet, and contributes to achieving the simplification and cost savings anticipated after the buy-in of Green Plains Partners in January.
Green Plains Inc. (NASDAQ:GPRE) has announced its participation in the Jefferies Industrials Conference. The company's President and CEO, Todd Becker, will engage in a fireside chat on Thursday, Sept. 5 at 1:20 p.m. Eastern Time (12:20 p.m. Central Time) in New York City. In addition to the fireside chat, Green Plains will be conducting meetings with institutional investors during the conference.
For those interested in following the event, a live webcast will be available. Both the live stream and a replay can be accessed through the Investors page on Green Plains' official website at https://investor.gpreinc.com/events-presentations. This participation provides an opportunity for investors and analysts to gain insights into Green Plains' operations and future strategies.
Green Plains Inc. (NASDAQ:GPRE) reported financial results for Q2 2024, showing a net loss of $24.4 million, or $(0.38) per share, compared to a net loss of $52.6 million in Q2 2023. EBITDA improved to $4.8 million, up $19.7 million year-over-year. The company achieved record renewable corn oil yields and Ultra-High Protein yields in June. Green Plains expects a profitable Q3 outlook based on improving ethanol margins, corn oil pricing, and protein demand. The company is progressing on its transformation goals, including carbon capture initiatives and Clean Sugar Technology. A strategic review process is ongoing to enhance shareholder value. Green Plains entered an agreement to sell its Birmingham terminal to help repay debt.
Green Plains Inc. (NASDAQ:GPRE) has announced its plans to release second quarter 2024 financial results before the market opens on August 6, 2024. Following the release, the company will host a conference call at 9 a.m. Eastern time (8 a.m. Central time) to discuss the quarter's performance and outlook. Investors and analysts can join the call by dialing 888.210.4215 (domestic) or 646.960.0269 (international) and using the conference ID 5027523. Participants are advised to call at least 10 minutes before the start time. Alternatively, interested parties can access the call and presentation materials through Green Plains' investor relations website.
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