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Green Plains Inc (GPRE.OQ)

GPRE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Green Plains Says On June 28 Green Plains Grain Co Entered Amendment Of Credit Agreement With Group Of Lenders
Tuesday, 2 Jul 2019 

July 1 (Reuters) - Green Plains Inc ::GREEN PLAINS INC-ON JUNE 28, GREEN PLAINS GRAIN COMPANY LLC ENTERED INTO AMENDMENT OF CREDIT AGREEMENT WITH GROUP OF LENDERS LED BY BNP PARIBAS.GREEN PLAINS INC - NINTH AMENDMENT TO CREDIT AGREEMENT WAS COMPLETED TO RENEW AND EXTEND EXISTING MATURITY DATE FROM JULY 26, 2019 TO JUNE 28, 2022.GREEN PLAINS INC - AMENDED CREDIT AGREEMENT LOWERED SENIOR SECURED ASSET-BASED REVOLVING CREDIT FACILITY FROM $125.0 MILLION TO $100.0 MILLION.  Full Article

Green Plains Prices Offering Of $105 Mln Aggregate Principal Amount Senior Notes
Wednesday, 19 Jun 2019 

June 18 (Reuters) - Green Plains Inc ::GREEN PLAINS PRICES OFFERING OF $105 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.00% CONVERTIBLE SENIOR NOTES DUE 2024.  Full Article

Green Plains Announces Suspension Of Quarterly Cash Dividend
Wednesday, 19 Jun 2019 

June 18 (Reuters) - Green Plains Inc ::GREEN PLAINS ANNOUNCES SUSPENSION OF QUARTERLY CASH DIVIDEND.GREEN PLAINS - DECIDED TO SUSPEND QTRLY CASH DIVIDEND TO RETAIN AND REDIRECT CASH FLOW TO COMPANY'S PROJECT 24 OPEX EQUALIZATION PLAN, AMONG OTHERS.GREEN PLAINS - BOARD DECIDED TO SUSPEND QTRLY CASH DIVIDEND IN ORDER TO RETAIN AND REDIRECT CASH FLOW TO COMPANY'S PROJECT 24 OPEX EQUALIZATION PLAN.GREEN PLAINS - INTEND TO IMMEDIATELY DEPLOY CAPITAL TO REPURCHASE STOCK PURSUANT TO REMAINING AVAILABILITY OF ABOUT $80 MILLION UNDER $100 MILLION PROGRAM.  Full Article

Green Plains Intends To Offer $100 Mln Aggregate Principal Amount Of Convertible Senior Notes Due 2024
Wednesday, 19 Jun 2019 

June 18 (Reuters) - Green Plains Inc ::GREEN PLAINS ANNOUNCES PROPOSED PRIVATE OFFERING OF $100 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES.GREEN PLAINS - INTENDS TO OFFER $100 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2024 IN PRIVATE PLACEMENT TO INSTITUTIONAL BUYERS.GREEN PLAINS - TO USE UP TO $40 MILLION OF PROCEEDS TO REPURCHASE SHARES OF STOCK CONCURRENTLY WITH PRICING OF OFFERING IN PRIVATELY NEGOTIATED TRANSACTION.  Full Article

Green Plains Reports First Quarter 2019 Financial Results
Thursday, 9 May 2019 

May 8 (Reuters) - Green Plains Inc ::GREEN PLAINS REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 LOSS PER SHARE $1.06.Q1 REVENUE $642.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $745.5 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.75 -- REFINITIV IBES DATA.  Full Article

Bunge Reports Q1 Adj EPS Of $0.36, Appoints New CFO
Wednesday, 8 May 2019 

May 8 (Reuters) - Bunge Ltd ::BUNGE REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE ESTIMATE $-0.03 -- REFINITIV IBES DATA.Q1 GAAP EARNINGS PER SHARE $0.26.JOHN W. NEPPL APPOINTED CHIEF FINANCIAL OFFICER, EFFECTIVE MAY 29.ON TRACK TO DELIVER $250 MILLION OF TOTAL SAVINGS A YEAR AHEAD OF SCHEDULE.QTRLY NET SALES $9,938 MILLION VERSUS $10,641 MILLION REPORTED LAST YEAR.HIGHER AGRIBUSINESS RESULTS REFLECT BETTER OILSEEDS CRUSH VOLUMES AND MARGINS IN QUARTER.Q1 REVENUE VIEW $10.76 BILLION -- REFINITIV IBES DATA.QTRLY ADJUSTED. EARNINGS PER SHARE $0.36.VIEW ON 2019 FULL-YEAR CONSOLIDATED RESULTS HAS NOT CHANGED FROM ITS PREVIOUSLY DISCLOSED OUTLOOK, PROVIDED ON FEBRUARY 21, 2019.IMPROVED Q1 RESULTS IN FOOD & INGREDIENTS DRIVEN BY FULL QUARTER OF LODERS CROKLAAN OWNERSHIP AND HIGHER MARGINS IN BRAZIL OPERATIONS.NEPPL JOINS BUNGE FROM GREEN PLAINS INC.IN AGRIBUSINESS, BASED ON CURRENT SOY CRUSH MARGIN ENVIRONMENT, 2019 FULL-YEAR RESULTS WOULD BE EXPECTED TO BE LOWER THAN 2018.NEPPL WILL SUCCEED THOMAS M. BOEHLERT.BASED ON CURRENT SOFTSEED CRUSH MARGIN ENVIRONMENT, 2019 AGRIBUSINESS RESULTS WOULD BE SLIGHTLY HIGHER THAN 2018, DRIVEN BY STRONG OIL DEMAND.APPOINTED JOHN W. NEPPL AS CHIEF FINANCIAL OFFICER, EFFECTIVE MAY 29, 2019.IN FERTILIZER, BASED ON CURRENT MARKET ENVIRONMENT, FULL-YEAR RESULTS WOULD BE LOWER THAN LAST YEAR..FOR MILLING, IMPROVED QTRLY RESULTS IN BRAZIL WERE MORE THAN OFFSET BY LOWER MARGINS AND VOLUMES IN MEXICO.  Full Article

Green Plains Reports Fourth Quarter And Full Year 2018 Results
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Green Plains Inc ::GREEN PLAINS REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $1.13.Q4 REVENUE $827.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $895.1 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $-0.45 -- REFINITIV IBES DATA.LOOK TO DIVEST ADDITIONAL ASSETS.PRODUCED 205.1 MILLION GALLONS OF ETHANOL DURING Q4 OF 2018, COMPARED WITH 340.8 MILLION GALLONS.CONSOLIDATED ETHANOL CRUSH MARGIN WAS NEGATIVE $0.08 PER GALLON, FOR Q4 OF 2018, COMPARED WITH $0.08 PER GALLON.  Full Article

Green Plains Announces Permanent Closure Of Hopewell, Va. Ethanol Facility
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Green Plains Inc ::GREEN PLAINS ANNOUNCES PERMANENT CLOSURE OF HOPEWELL, VA. ETHANOL FACILITY.GREEN PLAINS INC - CLOSURE RESULTS IN A WORKFORCE REDUCTION OF APPROXIMATELY 31 EMPLOYEES.GREEN PLAINS - ALSO CURRENTLY DETERMINING BEST USES FOR ANY REMAINING EQUIPMENT AND LAND.GREEN PLAINS INC - HANDFUL OF STAFF WILL REMAIN TO OVERSEE DECOMMISSIONING OF HOPEWELL, VA. ETHANOL PLANT, WHICH IS EXPECTED TO TAKE 12 TO 18 MONTHS.GREEN PLAINS - "SIGNIFICANT" PORTION OF 60 MILLION GALLON A YEAR CAPACITY PLANT TO BE DISMANTLED DURING DECOMMISSIONING PROCESS.GREEN PLAINS - MOST OF EQUIPMENT FROM PLANT TO BE CLOSED BEING TRANSFERRED TO OTHER GREEN PLAINS FACILITIES.GREEN PLAINS - CLOSURE OF PLANT DOES NOT CHANGE QTRLY MINIMUM VOLUME COMMITMENT OF ETHANOL STORAGE & THROUGHPUT DEAL BETWEEN CO, GREEN PLAINS PARTNERS.  Full Article

Green Plains Reports Q3 Revenue $1.0 Billion
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Green Plains Inc ::GREEN PLAINS REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 LOSS PER SHARE $0.31.Q3 REVENUE $1.0 BILLION VERSUS I/B/E/S VIEW $963.6 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.30 -- THOMSON REUTERS I/B/E/S.ANTICIPATES REALIZING A PRE-TAX GAIN FROM SALE OF ASSETS, NET OF ADJUSTMENTS, OF APPROXIMATELY $162 MILLION IN Q4 OF 2018.WILL PAY OFF OUTSTANDING TERM LOAN B BALANCE OF $495 MILLION WITH A PORTION OF NET SALES PROCEEDS.PORTFOLIO OPTIMIZATION PLAN REMAINS ON TRACK, COMPANY EXPECTS TO CLOSE ON ASSET SALES OF $650 MILLION IN NEXT 30 DAYS.PRODUCED 304.8 MILLION GALLONS OF ETHANOL IN Q3 VERSUS 313.6 MILLION GALLONS.ETHANOL EXPORTS CONTINUE ON PACE OF 1.6 BILLION GALLONS FOR 2018, BELIEVE EXPORTS SHOULD GROW AGAIN IN 2019,.  Full Article

Green Plains To Sell Three Ethanol Plants To Valero Renewable Fuels
Thursday, 11 Oct 2018 

Oct 10 (Reuters) - Green Plains Inc ::PRESS RELEASE - GREEN PLAINS ENTERS INTO AGREEMENT TO SELL THREE ETHANOL PLANTS TO VALERO RENEWABLE FUELS.GREEN PLAINS INC - DEAL FOR $300 MILLION IN CASH.GREEN PLAINS INC - TRANSACTION INVOLVES 280 MILLION GALLONS OF NAMEPLATE CAPACITY, OR ABOUT 20% OF CO'S REPORTED ETHANOL PRODUCTION CAPACITY.GREEN PLAINS INC - ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH GREEN PLAINS PARTNERS LP.GREEN PLAINS INC - DEAL ALSO INCLUDES ABOUT $28 MILLION OF WORKING CAPITAL PAID IN CASH.GREEN PLAINS INC - IN ADDITION, CO AND PARTNERSHIP AGREED TO EXTEND STORAGE AND THROUGHPUT SERVICES AGREEMENT AN ADDITIONAL 3 YEARS TO JUNE 30, 2028.GREEN PLAINS - WILL EXCHANGE ABOUT 8.9 MILLION UNITS OF GREEN PLAINS PARTNERS LP, VALUED AT $120.9 MILLION.GREEN PLAINS INC - WILL EXCHANGE UNITS IT OWNS OF PARTNERSHIP TO PARTNERSHIP FOR STORAGE AND TRANSPORTATION ASSETS AND RAILCAR LEASES.GREEN PLAINS INC - PROCEEDS FROM PLANT SALES WILL BE USED TO PAY DOWN TERM DEBT.  Full Article

RPT-U.S. ethanol plants expected to cut output on poor margins, oversupply

NEW YORK, July 19 U.S. ethanol plants are expected to sharply curtail production in the weeks ahead as steep Midwest corn prices and the U.S.-China trade war have led to weak margins and oversupply, industry sources said.