Last $2.13 USD
Change Today -0.03 / -1.39%
Volume 2.9M
RTK On Other Exchanges
Symbol
Exchange
Frankfurt
As of 4:30 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

rentech inc (RTK) Key Developments

Rentech Mulls Acquisitions

Rentech, Inc. (NasdaqCM:RTK) received $100 million in funding from GSO Capital Partners LP on April 9, 2014. The proceeds from the funding will be used to fund the development or acquisition by Rentech of wood pellet and wood fiber projects and associated expenses of Rentech wood fiber business, pay for the fees and expenses incurred by Rentech in connection with the transaction and for general corporate purposes.

Rentech, Inc. Announces Articles of Amendment

On April 9, 2014, Rentech, Inc. filed Articles of Amendment to its Amended and Restated Articles of Incorporation with the Secretary of State of the State of Colorado. Pursuant to the Articles of Amendment, the Board of Directors designated a new series of the company's preferred stock, the Series E Convertible Preferred Stock, par value $10.00 per share (the Series E Preferred Stock). The Articles of Amendment authorizes the Company to issue 100,000 shares of the Series E Preferred Stock. The Series E Preferred Stock has an original issue price of $1,000 per share.

Rentech, Inc. Announces the Resignation of Dennis Yakobsen and Michael Ray from the Board of Directors

Rentech, Inc. announced that on April 9, 2014, Dennis Yakobsen and Michael Ray resigned from the Board of Directors.

Rentech, Inc. to Amend the Charter

Rentech, Inc. announced that the company call a special meeting of shareholders to amend the company's charter in order to require the company to obtain the approval of shareholders prior to issuing dilutive equity or equity-linked securities greater than 5% of the outstanding shares of the company, except in limited circumstances.

Rentech, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings Guidance for 2014

Rentech, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, revenues were $79.273 million against $92.459 million a year ago. Operating loss was $15.806 million against $9.288 million a year ago. Loss from continuing operations before income taxes and equity in loss of investee was $21.234 million against $17.789 million a year ago. Loss from continuing operations was $21.476 million or $0.06 per basic and diluted share against $17.911 million or $0.11 per basic and diluted share a year ago. Net loss attributable to the company's shareholder was $14.531 million or $0.06 per basic and diluted share against $24.525 million or $0.11 per basic and diluted share a year ago. Adjusted LBITDA was $13.291 million. For the year, revenues were $374.855 million against $261.925 million a year ago. Operating loss was $8.880 million against operating income of $43.344 million a year ago. Loss from continuing operations before income taxes and equity in loss of investee was $26.311 million against income from continuing operations before income taxes and equity in loss of investee of $28.901 million a year ago. Income from continuing operations was $0.038 million or $0.01 per basic and diluted share against $27.537 million or $0.06 per basic and diluted share a year ago. Net loss attributable to the company's shareholder was $1.532 million or $0.01 per basic and diluted share against $14.000 million or $0.06 per basic and diluted share a year ago. Adjusted EBITDA was $36.058 million. For 2014, the company expects total revenue o $115 million. The company also expects production of Fulghum Fibres - Logs Processed of 15,000,000 tonnes and Wood Pellets (MT) of 80,000,000 tonnes.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RTK:US $2.13 USD -0.03

RTK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Agrium Inc C$103.51 CAD -0.34
CF Industries Holdings Inc $240.29 USD -2.90
EI du Pont de Nemours & Co $67.11 USD -0.23
Terra Nitrogen Co LP $149.00 USD -0.50
Yara International ASA 271.50 NOK +1.30
View Industry Companies
 

Industry Analysis

RTK

Industry Average

Valuation RTK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Price/Book 3.1x
Price/Cash Flow 310.9x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RENTECH 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.