Green Plains Inc. produces, markets, and distributes ethanol in the United States. The company operates through four segments: Ethanol Production, Corn Oil Production, Agribusiness, and Marketing and Distribution. It produces ethanol and co-products, such as wet, modified wet, or dried distillers grains, as well as extracts non-edible corn oil that is used as feedstock for biodiesel, livestock feed additives, rubber substitutes, rust preventatives, inks, textiles, soaps, and insecticides. The company is also involved in buying and selling bulk grain primarily corn and soybeans to grain processing companies and livestock producers, as well as providing storage services to these producers. In ...
450 Regency Parkway
Omaha, NE 68114
Founded in 2004
Green Plains Inc. Doubles Quarterly Cash Dividend, Payable on September 18, 2014
Aug 14 14
Green Plains Inc. announced that its Board of Directors also declared a quarterly cash dividend of $0.08 per share on the company's common stock. The cash dividend announced represents a 100% increase from the previous quarterly cash dividend. The dividend will be payable on September 18, 2014 to shareholders of record as of the close of business August 28, 2014.
Green Plains Mulls Acquisitions
Aug 14 14
Green Plains Inc. (NasdaqGS:GPRE) is looking for acquisitions. President and Chief Executive Officer, Todd Becker said, “The strong financial performance we have achieved allows us to enhance our capital allocation strategy with a share repurchase program and an increased dividend for our shareholders. We will also remain focused on growing long-term shareholder value through acquisitions and organic growth opportunities.”
Green Plains Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Second Half of 2014
Jul 29 14
Green Plains Inc. announced consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net income of $32.3 million, or $0.82 per diluted share, compared to net income of $6.0 million, or $0.19 per diluted share, for the same period in 2013. Revenues were $837.9 million compared to $804.7 million for the same period in 2013. Operating income was $58,946,000 against $18,562,000 a year ago. Income before income taxes was $50,089,000 against $10,253,000 a year ago. EBITDA was $74,528,000 against $30,450,000 a year ago.
The first the six months, the company's revenues were $1.6 billion against $1.6 billion a year ago. Net income was $75.5 million, or $1.88 per diluted share, compared to net income of $8.5 million, or $0.28 per diluted share, for the same period in 2013. Operating income was $137,290,000 against $31,267,000 a year ago. Income before income taxes was $119,816,000 against $14,406,000 a year ago. EBITDA was $168,641,000 against $55,283,000 a year ago.
The company expects stronger earnings per share performance in the second half of 2014.