GPRE

Green Plains Inc

Industrial/Transportation, Energy


Presented:05/19/2022
Price:$33.13
Cap:$1.78B
Current Price:$11.70
Cap:$0.76B

Presented

Date05/19/2022
Price$33.13
Market Cap$1.78B
Ent Value$2.13B
P/E RatioN/A
Book Value$16.55
Div Yield0%
Shares O/S53.82M
Ave Daily Vol1,195,078
Short Int25.14%

Current

Price$11.70
Market Cap$0.76B
Green Plains, Inc. engages in the production of fuel-grade ethanol and corn oil, the provision of grain handling, and storage commodity marketing and distribution services. It operates through the following segments: Ethanol Production, Agribusiness and Energy Services and Partnership. The Ethanol Production segment produces ethanol, distillers grain, and corn oil at ethanol plants in Indiana, Iowa, Minnesota, Nebraska, Tennessee, and Texas. The Agribusiness and Energy Services segment includes grain procurement and its commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil produced at ethanol plants. The Partnership segment provides fuel storage and transportation services by owning, operating, developing, and acquiring ethanol and fuel storage tanks, terminals, transportation assets, and other related assets and businesses. The company was founded in June 2004 and is headquartered in Omaha, NE.

Publicly traded companies mentioned herein: Archer-Daniels-Midland Co (ADM), Green Plains Inc (GPRE)

Highlights

The presenter is long shares of Green Plains Inc (GPRE), a large national ethanol producer that is undergoing a major transformation. The company has a $1.7B market cap and $2.3B EV and it trades roughly $30MM a day. Following a couple of acquisitions during COVID, the company is now converting technologies at its 11 biorefineries in the midwest, which will allow it to produce higher quality and quantities of ethanol, corn oil, and byproduct proteins. He ultimately views the stock as a potential multi-bagger over the next couple of years as it executes on the technological transformation in its dry mills that will materially change its profile and earnings power.

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Idea Discussion

Commentor 1 - 2 weeks ago

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