REX American Resources Corp (N:REX)

Sector:  Energy Industry:  Renewable Fuels
 
See Regulatory Filings on SEC
Company Contact
Address: 7720 Paragon Road
DAYTON OH 45459
Tel: 1-937-2763931
Website: https://www.rexamerican.com
IR: See website
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Key People
Stuart Alan Rose
Executive Chairman of the Board, Head of Corporate Development
Zafar A. Rizvi
President, Chief Executive Officer, Director
Douglas L. Bruggeman
Chief Financial Officer, Vice President - Finance, Treasurer
Edward M. Kress
Secretary, Director
   
Business Overview
Rex American Resources Corporation is an ethanol production company. The Company operates through the ethanol and by-products segment. Its ethanol operations are focused on corn, ethanol, distillers' grains, non-food grade corn oil and natural gas. The Company has interests in over six ethanol production facilities, which in aggregate shipped approximately 730 million gallons of ethanol. The Company has ownership of the gallons shipped by the ethanol production facilities, which has ownership interests in approximately 300 million gallons. The Company operates through its subsidiaries, including One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River). The Company's ethanol production facilities are located across Illinois, Indiana, Iowa, Minnesota, Nebraska, Ohio and South Dakota.
Financial Overview
For the fiscal year ended 31 January 2024, REX American Resources Corp revenues decreased 3% to $833.4M. Net income increased from $27.7M to $60.9M. Revenues reflect Ethanol segment decrease of 2% to $635.4M, Modified distillers grains segment decrease of 52% to $5.6M. Net income reflects Equity in income of unconsolidated affil increase of 59% to $13.9M (income), Interest and other income increase of 21% to $15.7M (income).
Employees: 117 as of Jan 31, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $577.92M as of Jan 31, 2024
Annual revenue (TTM): $833.38M as of Jan 31, 2024
EBITDA (TTM): $86.63M as of Jan 31, 2024
Net annual income (TTM): $60.94M as of Jan 31, 2024
Free cash flow (TTM): $90.31M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 17,503,745 as of Mar 28, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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