Oh well.....
As i've mentioned, i've been on the sidelines b/c i knew that all energy-sector names are being disrespected in the present market climate, but for anyone who has been holding shares throughout the debacle i wish you all inner strength! I do believe the tide will eventually turn and oilprices & ethanol prices will eventually rise back up, even if it's to a somewhat lower "new normal." REX could thrive under such conditions, posting at least 2.00 EPS quarterly and would deserve a P/E of at least 12, which should make for a s/price in the upper $90s, not to mention whatever growth they can achieve via continuing share repurchases (making earnings count for more EPS), increasing their ownership in their present plants, finding any new plants to acquire, etc.
I was really glad to hear that they're growing earnings simply through greater plant efficiencies. That's impressive!
Recent REX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/30/2024 04:44:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 02:27:48 PM
- REX American Resources Reports Fiscal 2024 Second Quarter Net Income Per Share Attributable to REX Common Shareholders of $0.70 vs. $0.52 Per Share in Fiscal Second Quarter 2023 • Business Wire • 08/27/2024 11:30:00 AM
- U.S. Index Futures Edge Higher, Oil Prices Dip • IH Market News • 08/27/2024 09:37:02 AM
- REX American Resources Corporation to Participate in Upcoming Investor Events • Business Wire • 08/20/2024 11:30:00 AM
- REX American Resources to Report Fiscal Q2 2024 Results and Host a Conference Call and Webcast on August 27, 2024 • Business Wire • 08/13/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 09:27:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 06:20:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 06:17:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 06:14:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 06:08:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 05:56:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 05:48:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 05:44:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 05:39:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 05:37:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 05:26:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 02:57:59 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/30/2024 08:14:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 06:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/22/2024 01:27:51 PM
- REX American Resources Reports Fiscal 2024 First Quarter Net Income Per Share Attributable to REX Common Shareholders of $0.58 • Business Wire • 05/22/2024 10:00:00 AM
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