Rex American Res Stock Price, News & Analysis

REX American Resources Corp. (NYSE: REX) is described in company disclosures and industry classifications as operating in the Manufacturing sector within All Other Basic Organic Chemical Manufacturing. According to the company’s public statements, REX functions as a holding company with interests in alternative energy and ethanol production entities. Its operations are focused on the Ethanol and By-Products segment, reflecting its role in producing ethanol and related co-products.

REX reports that it has interests in six ethanol production facilities. Company press releases state that, in aggregate, these facilities have production capacity totaling approximately 730 million gallons per year, with REX’s effective ownership of annual volumes at approximately 300 million gallons. Two of these facilities, One Earth Energy, LLC ("One Earth") and NuGen Energy, LLC ("NuGen"), are consolidated in REX’s financial statements, while four additional ethanol plants are accounted for as equity method investments and reported as equity in income of unconsolidated affiliates.

Within its Ethanol and By-Products segment, REX identifies key products as dried distillers grains, modified distillers grains, and non-food grade corn oil. These co-products are generated alongside ethanol production and are reflected in the company’s financial reporting as part of its net sales and revenue. Company releases repeatedly emphasize that quarterly and annual results "principally reflect" REX’s interests in its six ethanol production facilities, underscoring that ethanol production and related by-products are central to its business model.

Business structure and segment focus

According to REX’s own descriptions, the company operates as a holding company that invests in alternative energy and ethanol production entities rather than directly owning and operating all facilities in a single corporate structure. The Ethanol and By-Products segment encompasses consolidated operations at One Earth and NuGen, as well as REX’s share of earnings from four additional ethanol plants reported under the equity method. This structure is visible in the company’s consolidated financial statements, which include both consolidated plant results and equity in income of unconsolidated affiliates.

REX’s public financial disclosures highlight net sales and revenue, cost of sales, and gross profit as key performance indicators. The company also reports interest and other income, reflecting returns on cash, cash equivalents, and short-term investments, as well as equity in income of unconsolidated affiliates from its non-consolidated ethanol plants. These elements together show that REX’s results are driven by ethanol production volumes, pricing for ethanol and co-products, operating costs such as corn and natural gas, and returns on invested capital.

Ethanol production footprint

In multiple press releases, REX states that its six ethanol production facilities collectively have capacity of about 730 million gallons per year, with approximately 300 million gallons of effective ownership. The company regularly discloses consolidated ethanol sales volumes for its fiscal quarters and full fiscal years, indicating the importance of production volumes to its operations. These volumes, together with pricing for ethanol and co-products like dried distillers grains and non-food grade corn oil, affect the company’s reported net sales, revenue, and gross profit.

REX’s results are influenced by market conditions for ethanol and co-products. In its public commentary, the company has attributed changes in net sales and revenue to factors such as reduced pricing for ethanol and co-products or changes in pricing for ethanol and distillers grains. It has also noted that gross profit can be affected by corn and natural gas prices and by ethanol production levels. These disclosures show that REX’s business is closely tied to commodity price dynamics and operational efficiency at its ethanol facilities.

Capital projects: One Earth expansion and carbon capture

Company press releases and SEC filings describe significant capital projects at the One Earth Energy facility in Gibson City, Illinois. REX reports that it is pursuing an expansion of ethanol production at this site and a carbon capture and sequestration project. The expansion project is intended to increase ethanol production capacity at One Earth, and REX has disclosed that it is reviewing technical details and energy efficiency initiatives as part of this work.

REX has stated that it substantially completed construction of the capture and compression portions of its One Earth carbon capture and sequestration project at the Gibson City location during a recent fiscal year. The company notes that the Environmental Protection Agency (EPA) Class VI injection well permitting process for the sequestration portion of the project is ongoing, with the final permitting decision expected according to published EPA timelines referenced in its press releases. REX also reports that capital expenditures associated with the One Earth carbon capture and sequestration project and the related expansion of ethanol production capacity at Gibson City have reached substantial levels, and it has disclosed a combined project budget range in its public communications.

These projects are described by REX as growth initiatives at its One Earth facility. The company’s disclosures indicate that it is managing both operational and cost aspects of the expansion and carbon capture projects, while monitoring regulatory developments such as permitting processes and state-level policies related to carbon dioxide pipelines.

Financial reporting and corporate profile

REX American Resources files periodic financial statements and current reports with the U.S. Securities and Exchange Commission (SEC). Recent Form 8-K filings dated August 27, 2025 and December 4, 2025 report that the company issued press releases announcing financial results for specified fiscal periods. These filings identify REX American Resources Corporation as a Delaware corporation, list its SEC file number, and confirm that the company is not classified as an emerging growth company.

The company’s consolidated balance sheets present cash and cash equivalents, short-term investments, accounts receivable, inventory, and property and equipment, net, among other items. They also show operating lease right-of-use assets, finance lease right-of-use assets, and equity method investments, reflecting REX’s mix of owned, leased, and equity-accounted assets. On the liabilities side, REX reports accounts payable – trade, lease liabilities, deferred taxes, and other long-term obligations. The equity section distinguishes between REX shareholders’ equity and noncontrolling interests, consistent with its consolidated and non-consolidated plant ownership structure.

Press releases and financial statements also show that REX has undertaken share repurchase programs and that its Board of Directors has authorized additional share buyback capacity at certain times. In addition, an 8-K filing dated August 26, 2025 describes a two-for-one stock split of the company’s common stock, to be effected in the form of a 100% stock dividend, including related adjustments under the company’s equity compensation plan.

Stock listing and trading

In its news releases and SEC filings, the company identifies itself as REX American Resources Corporation ("REX" or the "Company") and states that its common stock trades on the New York Stock Exchange under the ticker symbol REX. The company’s disclosures around stock splits, share repurchases, and diluted weighted average shares outstanding in its earnings releases provide context for how its equity base evolves over time.

Risk disclosures and regulatory environment

REX’s press releases include cautionary statements regarding forward-looking statements, referring readers to risk factors set forth in the company’s SEC filings. These risk discussions, as summarized in the releases, mention factors such as legislative and regulatory changes, price volatility and availability of corn, distillers grains, ethanol, distillers corn oil, gasoline and natural gas, commodity market risk, plant operating performance relative to forecasts, logistical issues, success in permitting and developing the planned carbon sequestration facility, economic conditions, inflation, labor availability, income tax matters, trade policy, foreign currency exchange rates, and broader geopolitical and public health developments. The company states that it does not intend to update forward-looking statements except as required by law.

Summary

According to its own public communications, REX American Resources Corp. is a Delaware-based holding company in the Manufacturing sector with a focus on ethanol production and related by-products. Through consolidated operations and equity method investments in six ethanol production facilities, it participates in large-scale ethanol production and the sale of co-products such as dried distillers grains, modified distillers grains, and non-food grade corn oil. The company’s financial results, capital allocation decisions, and ongoing projects—particularly the One Earth ethanol expansion and carbon capture and sequestration initiative—are central themes in its SEC filings and press releases.