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Green Plains Inc. (GPRE)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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15.44-0.18 (-1.15%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close15.62
Open15.58
Bid0.00 x 1200
Ask0.00 x 1000
Day's Range15.36 - 15.76
52 Week Range3.77 - 17.76
Volume200,871
Avg. Volume503,115
Market Cap550.489M
Beta (5Y Monthly)2.03
PE Ratio (TTM)N/A
EPS (TTM)-2.93
Earnings DateNov. 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 23, 2019
1y Target Est17.20
  • Green Plains and Hayashikane Form Exclusive Partnership
    GlobeNewswire

    Green Plains and Hayashikane Form Exclusive Partnership

    OMAHA, Neb., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and its wholly-owned subsidiary Optimal Aquafeed, today announced the formation of an exclusive partnership with Hayashikane Sangyo of Japan, one of the oldest and most successful integrated aquafeed companies in the world. The companies have come together to deliver innovative solutions for fast-growing global aquaculture markets using technology developed and successfully deployed in Japanese production. These solutions are a perfect complement to Green Plains’ ultra-high protein ingredients produced at its biorefineries. “Our partnership with Hayashikane is another step in our total transformation strategy to develop value-added ingredients, including the use of our 50% and greater ultra-high protein products as a cornerstone feed delivery mechanism to the aquaculture industry. Together, our feed-based solutions will help deliver the healthiest, best tasting fish proteins to consumers everywhere, emphasizing our continued commitment to excellence,” said Todd Becker, president and chief executive officer of Green Plains. “The Hayashikane-Green Plains partnership is an ideal way to accelerate Green Plains’ aggressive expansion in aquaculture as we rapidly transform our company.”"We believe in the growth potential of aquaculture around the world, especially the recirculating aquaculture system (RAS) market in North America. I'm thrilled to have found like-minded partners in Green Plains and Optimal Aquafeed who share this vision,” said Mr. Nakabe, President of Hayashikane Sangyo Co., Ltd. "Hayashikane prides itself to be a leader in the production of delicious, safe and high-quality Japanese farmed fish by using its proprietary technologies. We look forward to combining our unique solutions with those of Green Plains and Optimal Aquafeed, so we can further the sustainable development of aquaculture and the supply of delicious and healthy seafood in North America.”Worldwide, fish is the most consumed protein on a per capita basis and aquaculture is the fastest growing animal protein production market. Feed is an important input variable in aquaculture production and the partnership between Green Plains and Hayashikane is designed to meet the feed requirements in RAS systems and beyond. The initial phase of the partnership will focus on Optimal Aquafeed’s deployment of proprietary solutions, developed by Hayashikane, to North and Central American markets.“We believe this partnership could lead to technological breakthroughs that can help establish Green Plains’ Optimal Aquafeed business as a growing leader and important partner in nutritious and innovative aquaculture feed solutions in the US and globally,” added Becker. “These proprietary solutions could help reduce land use, water use and the raw materials it takes to produce nutritious protein for consumers, furthering our growing focus on ESG initiatives. We also look forward to deploying our innovative, ultra-high protein feed ingredients in Japan and adjacent markets through our partnership with Hayashikane.”About Green Plains Inc. Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of sustainable biofuels and sustainable ultra-high protein and novel feed ingredients. Green Plains owns a 48.9% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP. For more information about Green Plains, visit www.gpreinc.com.About Optimal Aquafeed Optimal Aquafeed is a multifaceted nutritional partner for fish producers worldwide. Focusing on the exact needs and goals of the fish producer, Optimal empowers them to produce fish that can exceed their target growth, health, flavor, and price. As a nutritional partner, the company assists in strengthening feeding programs, increasing yield, and providing specialized high-quality feeds, blends, and formulations designed specifically for the individual aquaculture facility’s fish, system, needs, and goals. For more information about Optimal Aquafeed, visit optimalaquafeed.com.About Hayashikane Hayashikane Sangyo Co., Ltd. engages in the manufacture and sale of foodstuff and feeds with operations in the following business segments: Marine Products, Livestock Products, Feeds, and Other. The company is focused on delivering delicious and sustainable food and feed solutions and is one of the leading aquafeed companies in the world. The company was founded on January 15, 1941 and is headquartered in Shimonoseki, Japan.Green Plains Inc. Contacts Investors: Phil Boggs | Senior Vice President, Investor Relations & Treasurer | 402.884.8700 | phil.boggs@gpreinc.com Media: Leighton Eusebio | Manager, Public Relations | 402.952.4971 | leighton.eusebio@gpreinc.com

  • GlobeNewswire

    Green Plains Sells Remaining 50% of Green Plains Cattle Company for $80 Million

    OMAHA, Neb., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) today announced the sale of its remaining 50% joint venture interest in Green Plains Cattle Company LLC to a group of investment funds that include AGR Partners and StepStone Group, among others, for approximately $80 million, plus closing adjustments. The transaction was signed on October 9, 2020 with an effective date of October 1, 2020. “With the sale of our remaining ownership in Green Plains Cattle Company, combined with our recent quarterly distribution and earnings bonus from performance of the cattle business, we have added approximately $96 million of liquidity to our balance sheet. This sale allows us to redeploy capital to support our long-term objective of building a technology focused biorefining platform, producing sustainable, high-value, high-protein ingredients the market needs,” said Todd Becker, president and chief executive officer.Green Plains entered the cattle feeding industry in June 2014, with the purchase of Supreme Cattle Feeders, a 70,000-head feedyard in Kismet, Kan. Over the past six years, Green Plains Cattle Company grew to become the fourth largest cattle feeder in the United States with a total capacity of more than 355,000 head of cattle across six feedlots in Colorado, Kansas and Texas.“This transaction further streamlines our business to focus on the transformation to a world-class provider of high value ingredients, which includes the deployment of high protein technology as a natural line extension to our platform. The proceeds from the sale and distribution, coupled with our previously announced tax refund and $75 million in protein financing, will add nearly $225 million of liquidity to Green Plains, or over half the remaining amount needed to fund the build-out of high protein technology,” added Becker.As part of the transaction, Todd Becker will remain on the board of directors of Green Plains Cattle Company for the next year to assist in the transition.About Green Plains Inc. Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of sustainable biofuels and sustainable high protein and novel feed ingredients. Green Plains owns a 48.9% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP. For more information about Green Plains, visit www.gpreinc.com.Green Plains Inc. Contacts Investors: Phil Boggs | Senior Vice President, Investor Relations & Treasurer | 402.884.8700 | phil.boggs@gpreinc.com Media: Leighton Eusebio | Manager, Public Relations | 402.952.4971 | leighton.eusebio@gpreinc.com

  • GlobeNewswire

    Green Plains to Host Third Quarter 2020 Earnings Conference Call on November 5, 2020

    OMAHA, Neb., Oct. 09, 2020 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release third quarter 2020 financial results after the market closes on Wednesday, November 4th, 2020, and host a joint conference call on Thursday, November 5th, 2020, beginning at 11 a.m. Eastern time (10 a.m. Central time) to discuss third quarter 2020 performance and outlook. Domestic and international participants can access the conference call by dialing 877.711.2374 and 281.542.4862, respectively, and referencing conference ID 3682884. Participants are advised to call at least 10 minutes prior to the start time. Alternatively, the conference call and presentation can be accessed on either Green Plains’ website at http://investor.gpreinc.com/events.cfm or Green Plains Partners’ website at http://ir.greenplainspartners.com.About Green Plains Inc. Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of sustainable biofuels and sustainable high-protein and novel feed ingredients. Green Plains owns a 50% interest in Green Plains Cattle Company LLC and owns a 48.9% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP. For more information about Green Plains, visit www.gpreinc.com.About Green Plains Partners LP Green Plains Partners LP (NASDAQ:GPP) is a fee-based Delaware limited partnership formed by Green Plains Inc. to provide fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage terminals, transportation assets and other related assets and businesses. For more information about Green Plains Partners, visit www.greenplainspartners.com.Green Plains Contacts Investors: Phil Boggs | Senior Vice President - Investor Relations and Treasurer | 402.884.8700 | phil.boggs@gpreinc.com Media: Leighton Eusebio | Manager - Public Relations | 402.952.4971 | leighton.eusebio@gpreinc.com