Welcome to our dedicated page for Rex American Res news (Ticker: REX), a resource for investors and traders seeking the latest updates and insights on Rex American Res stock.
REX American Resources Corp (REX) delivers essential updates on its ethanol production operations and alternative energy investments through this centralized news hub. Investors and industry observers will find timely reports on financial performance, operational milestones, and strategic initiatives within the renewable energy sector.
This resource provides comprehensive tracking of REX's core activities including ethanol production capacity, by-product innovations like dried distillers grains, and sustainability efforts. Users can access verified press releases covering earnings announcements, partnership developments, and market expansion updates.
Key content areas include quarterly financial disclosures, plant efficiency improvements, and corn oil production metrics. The curated news flow enables stakeholders to monitor REX's position in competitive ethanol markets and its responses to agricultural commodity trends.
Bookmark this page for direct access to REX's official communications and third-party analyses of its renewable energy strategies. Regular updates ensure informed decision-making about this key player in industrial by-product valorization and alternative fuel production.
REX American Resources (NYSE:REX) reported its fiscal Q2 2025 results and announced a 2-for-1 stock split. The company achieved net sales of $158.6 million, up from $148.2 million in Q2 2024, despite lower ethanol pricing. Net income was $7.1 million ($0.43 per diluted share), compared to $12.4 million ($0.70 per share) in Q2 2024.
The company's ethanol expansion project is progressing as planned, with completion expected in 2026. The carbon capture project's EPA permitting timeline has been moved forward to March 2026. Total capital expenditures for both projects reached $126.7 million, with a combined budget of $220-$230 million. REX maintains a strong financial position with $310.5 million in cash and investments and no bank debt.
REX American Resources (NYSE:REX), a leading ethanol production company, will report its fiscal Q2 2025 financial results on Wednesday, August 27, 2025, before market open.
The company will host a conference call and webcast at 11:00 a.m. ET to discuss the results. Investors can access the call via phone at (877) 269-7751 (US) or (201) 389-0908 (international), or through a live webcast on the company's investor relations website.
A replay will be available for 30 days after the call using passcode 13755434.
REX American Resources (NYSE: REX), a leading ethanol production company, has scheduled its fiscal first quarter 2025 earnings release and conference call. The company will announce its operational and financial results on Wednesday, May 28, 2025, before market open. A conference call and webcast will follow at 11:00 a.m. ET to discuss the results.
Interested participants can join via phone at (877) 269-7751 (US) or (201) 389-0908 (international), or watch the live webcast through REX's investor relations website. A 30-day replay will be available by calling (844) 512-2921 (US) or (412) 317-6671 (international) with passcode 13753864.
REX American Resources (NYSE: REX) reported its fiscal year 2024 financial results, with net sales of $642.5 million, down from $833.4 million in 2023, primarily due to reduced ethanol and co-products pricing. Full-year gross profit reached $91.5 million with a 14% margin, compared to $98.2 million and 12% margin in 2023.
The company achieved net income of $58.2 million ($3.30 per diluted share) in FY2024, versus $60.9 million ($3.47 per share) in FY2023. Q4 2024 saw net income of $11.1 million ($0.63 per share), down from $20.6 million ($1.16 per share) in Q4 2023.
The Board authorized an additional 1.5 million share buyback program. The company's One Earth facility expansion and carbon capture project has seen $115.6 million in capital expenditures, with total budget now estimated at $220-$230 million. Project completion is expected to extend beyond mid-2025, with carbon capture permitting anticipated in October 2025.
REX American Resources (NYSE: REX), a leading ethanol production company, has scheduled its fiscal fourth quarter and full fiscal year 2024 financial results announcement for March 26, 2025, before market opening. The company will host a conference call and webcast at 11:00 a.m. ET on the same day to discuss the results.
Investors can access the conference call by dialing (877) 269-7751 (US) or (201) 389-0908 (international). A live webcast will be available in the Investors section of REX's website. A 30-day replay will be accessible using (844) 512-2921 (US) or (412) 317-6671 (international) with passcode 13751633.
REX American Resources reported strong fiscal Q3 2024 results with net income of $24.5 million ($1.38 per share), marking the second-best quarterly performance in company history. Net sales decreased to $174.9 million from $221.1 million year-over-year due to reduced ethanol and co-products pricing. Gross profit slightly increased to $39.7 million from $39.3 million. The company reported consolidated ethanol sales volumes of 75.5 million gallons, up 3% year-over-year.
The One Earth Energy facility expansion project remains on track for completion by mid-2025, which will increase production capacity from 150 to 175 million gallons annually. The company maintains a strong balance sheet with $365.1 million in cash and no bank debt.
REX American Resources (NYSE: REX), a leading ethanol production company, has announced it will release its fiscal third quarter 2024 operational and financial results on Tuesday, December 3, 2024 before market open. The company will host a conference call and webcast at 11:00 a.m. ET the same day to discuss the results. Investors can access the call via phone or through a live webcast on the company's website, with a 30-day replay available afterward.
REX American Resources (NYSE: REX) reported strong fiscal Q2 2024 results, with net income attributable to REX shareholders increasing by 37% to $12.4 million. The company achieved $0.70 earnings per share, up from $0.52 in Q2 2023. Despite a 6% decrease in ethanol sales volumes, REX saw a 7% increase in gross profit to $19.8 million. The company maintains a robust balance sheet with $346 million in cash and no bank debt. REX is progressing with its One Earth Energy carbon capture project and ethanol production expansion, with total capital expenditures of $90.8 million to date, remaining on track for a $165-$175 million budget.
REX American Resources (NYSE: REX) has announced its participation in two upcoming investor events. The company will take part in the NYSE's Virtual Energy & Utilities Day on September 10, 2024, and Janney Montgomery Scott's 2nd Annual Clean Energy Investment Symposium in New Orleans, LA on December 4-5, 2024.
These events provide REX with opportunities to engage with investors and showcase its position in the energy and utilities sector. Interested parties can access REX's latest presentation through the Events & Presentations section of the company's investor relations website at www.investors.rexamerican.com.