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 |
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 |