This ethanol producer seeks to better allocate its capital -- or does it?
News & Analysis: Green Plains
Despite mildly encouraging news from the Fed, these stocks lost ground.
The business suspended its dividend. While that's not exactly a surprising move, it highlights the sour financial position of the ethanol leader.
The business decided to curtail production in the first three months of 2019 -- and it certainly showed in the operating results.
Management has a plan to make the company one of the lowest-cost producers in the industry. Will it work?
GPRE earnings call for the period ending March 31, 2019.
The ethanol producer needs to begin showing tangible signs of progress from its recent strategy shift.
Iowa and Nebraska, the two states hit hardest by recent flooding, are home to 40% of the country's ethanol production capacity.
This business has a cozy relationship with one of the country's largest ethanol producers, allowing it to pay a 12% distribution yield.
Will producing less help to balance the market? Only if peers follow suit.