Renewable Energy Group (REGI) Q3 Revenues Beat

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Renewable Energy Group Reports Third Quarter 2021 Financial Results

November 3, 2021 4:10 PM EDT

Q3 2021 Highlights

Revenues of $1 billion Net income available to common stockholders of $42 million, or $0.83 per diluted share Adjusted EBITDA of $68 million, up 25% from Q3 2020 Record quarterly REG Ultra Clean sales Increased Asset Backed Line of Credit to $250 million Geismar, LA renewable diesel improvement and expansion project on track to deliver 340 million gallons per year of site production capacity by early 2024 Carbon reduction from REG-produced fuels in the quarter of over one million metric tons

Post-Quarter Announcements:

Initiated partnership with... More