Renewable Energy Group (REGI) Misses Q3 EPS by 6c
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Go back to Renewable Energy Group (REGI) Misses Q3 EPS by 6c
November 2, 2016 4:07 PM EDT
Q3 2016 Highlights
163 million gallons sold, up 36.0% y/y
115 million gallons produced, up 35.2% y/y
Net income of $22.9 million
Adjusted EBITDA of $31.6 million
Paid off $100.0 million GOZone bonds
Expanded line of credit from $60.0 million to $150.0 million with
Wells Fargo and Fifth Third Bank
Completed $34.5 million upgrade project at Danville, IL biorefinery
Completed $50.0 million share and bond repurchase program
AMES, Iowa--(BUSINESS... More
November 1, 2016 8:01 AM EDT
AMES, Iowa, Nov. 01, 2016 (GLOBE NEWSWIRE) -- When Renewable Energy Group (NASDAQ: REGI) built the 12 million gallon continuous flow biorefinery in Ralston, IA in 2001, REG was a division of the former West Central Cooperative (now Landus Cooperative). The plant was then the largest biodiesel refinery in America. Over time, as REG grew into an independent company and became North Americas largest biomass-based diesel producer, the Ralston facility became the companys smallest nameplate capacity. However, that is about to change.
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October 31, 2016 5:58 AM EDT
Specialty Fatty Acid to Be Used By Leading Fragrance Manufacturer
AMES, Iowa--(BUSINESS WIRE)--
NOTE: A video on this topic can be viewed at this link: https://youtu.be/Y6L3rcocbUI
This Smart News Release features multimedia. View the full release here:... More
