Last $13.58 USD
Change Today -0.03 / -0.22%
Volume 374.4K
REGI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Munich
As of 8:10 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

renewable energy group inc (REGI) Key Developments

Renewable Energy Group, Inc. Reports Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2013; Revises Earnings Guidance for the Second Quarter of 2013; Provides Earnings Guidance for the Third Quarter of 2013

Renewable Energy Group, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company's revenues were $339,284,000 against $188,247,000 a year ago. Income from operations was $77,051,000 against $4,072,000 a year ago. Income before income taxes was $76,592,000 against $15,380,000 a year ago. Net income was $46,403,000 against $14,017,000 a year ago. Net income attributable to the company's common stockholders was $38,435,000 or $1.25 diluted per share against $40,049,000 or $0.06 diluted per share a year ago. Adjusted EBITDA was $21,982,000 against $23,167,000 a year ago. For the period, the company reported 39 million gallons sold, up 14% compared to first quarter 2012. The company reported 40 million gallons produced, up 4% compared to first quarter 2012. The company revised earnings guidance for the second quarter of 2013. During the quarter, the company expects to sell between 55 million and 65 million gallons. Adjusted EBITDA is expected to range between $35 million and $50 million for the quarter. At the time of company’s last call, they guided to 55 million to 60 million gallons sold for second quarter and $15 million to $25 million of adjusted EBITDA. For the third quarter of 2013, the company expects to sell between 55 million and 70 million gallons and generate adjusted EBITDA ranging between $25 million and $45 million (sic) [$40 million].

Renewable Energy Group, Inc. Adds Another Northeast U.S. Distribution Point in Rochester, New York

Renewable Energy Group, Inc. added another northeast U.S. distribution point in Rochester, New York to meet extended winter heating oil blending demand. The company remains on track to complete its lower cost feedstock upgrade at the Albert Lea, Minnesota facility in second quarter. REG’s New Boston, Texas plant is serving as a terminal location while repair activity is underway with biodiesel production planned to begin in second quarter. In addition, the company has approval and is proceeding on the construction of barge load out capabilities at Seneca, Illinois facility to expand distribution capabilities. The project is expected to be completed in the first quarter 2014.

Renewable Energy Group, Inc., Q1 2013 Earnings Call, May 01, 2013

Renewable Energy Group, Inc., Q1 2013 Earnings Call, May 01, 2013

Renewable Energy Group, Inc. to Report Q1, 2013 Results on May 01, 2013

Renewable Energy Group, Inc. announced that they will report Q1, 2013 results at 5:00 PM, Eastern Standard Time on May 01, 2013

Renewable Energy Group, Inc., Annual General Meeting, May 16, 2013

Renewable Energy Group, Inc., Annual General Meeting, May 16, 2013., at 10:00 Central Standard Time. Location: 416 South Bell Avenue. Agenda: To elect three Class II directors to serve until the 2016 Annual Meeting of Stockholders or until their successors are elected and qualified; to approve the Renewable Energy Group Annual Incentive Plan; to hold an advisory “say-on-pay” vote to approve the compensation of named executive officers; and to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
REGI:US $13.58 USD -0.03

REGI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Amyris Inc $2.81 USD -0.04
Clayton Williams Energy Inc $43.91 USD +0.83
FutureFuel Corp $14.57 USD +0.05
KiOR Inc $4.68 USD +0.04
Pacific Ethanol Inc $4.63 USD -0.32
View Industry Companies
 

Industry Analysis

REGI

Industry Average

Valuation REGI Industry Range
Price/Earnings 11.6x
Price/Sales 0.4x
Price/Book 1.1x
Price/Cash Flow 7.6x
TEV/Sales 0.2x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RENEWABLE ENERGY GROUP INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.