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VeraSun Energy Corporation fka VSUNQ RSS Feed

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7
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Posts (Today)
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Posts (Total)
245
Created
04/19/06
Type
Free
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 About VeraSun Energy

VeraSun Energy Corporation (NYSE: VSE), headquartered in Brookings, S.D., is a leading producer and marketer of ethanol and distillers grains, a valuable livestock feed. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which two are still under construction. VeraSun Energy is scheduled to have an annual production capacity of approximately 1.64 billion gallons of ethanol and more than five million tons of distillers grains by the end of 2008.

VeraSun markets E85, a blend of 85 percent ethanol and 15 percent gasoline for use in Flexible Fuel Vehicles (FFVs), directly to fuel retailers under the brand VE85®. VeraSun Energy now has approximately 150 VE85® retail locations under contract in more than fifteen states and Washington, D.C.

Verasun Energy Corp
Suite 300 110 N.Minnesota Ave.
Sioux Falls SD 57104
http://www.verasun.com 
 
Phone: (605) 978-7000
Fax: (605) 978-7150



Daily Charts

 




Weekly Chart



Senator Obama delivers the keynote speech at the Grand Opening of the VeraSun Charles City Ethanol Biorefinery in August 2007

You must watch this video!!!!

www.youtube.com/watch

Plant Sales Up Next for VeraSun:

http://www.farmfutures.com/ME2/dirmod.asp?sid=CD26BEDECA4A4946A1283CC7786AEB5A&nm=News&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=2394A288F77F465BB18A0BFAD42FC549

Dec 4, 2008

VeraSun Energy Receives Final Bankruptcy Court Approval for Debtor-In-Possession Financing Totaling $196.6 Million from Senior Secured Noteholders
Also Receives Approval for AgStar and West LB DIP Facilities

Nov 24, 2008

VeraSun Receives Non-Binding Indication of Interest For Purchase of Substantially All of Its Assets
Company Intends to Explore This and Other Proposals

Nov 21, 2008

VeraSun Energy Statement

Nov 19, 2008

VeraSun Reports Third Quarter 2008
Hedging, Goodwill and Long-Lived Asset Impairments, and Unfavorable Margins Contribute to Loss

Nov 4, 2008

VeraSun Energy Delays Startup of Janesville, Minnesota, Ethanol Biorefinery

Nov 3, 2008

VeraSun Energy Corporation Receives Commitments for Up to $215 Million in Debtor-In-Possession Financing; Court Approves $40 million in Interim Financing and Grants Access to Cash Collateral for Immediate Use

Oct 31, 2008

VeraSun Energy Corporation Launches Chapter 11 Case To Enhance Liquidity While It Reorganizes
Production Facilities Expected to Continue Operations

Sep 18, 2008

VeraSun Energy Retains Morgan Stanley to Evaluate Strategic Alternatives

Sep 16, 2008

VeraSun Announces Common Stock Offering

Sep 5, 2008

VeraSun Energy Announces Startup of Dyersville, Iowa, Ethanol Biorefinery

Sep 2, 2008

VE85® Pump Promotion Set for Thursday, Sept. 4 at Twin Cities Freedom Valu Centers
“Freedom from Oil” promotion to offer VeraSun’s Branded E85, VE85®, for $1.85 from 3-6 p.m.

Aug 14, 2008

VeraSun Energy Announces Startup of Hartley, Iowa, Ethanol Biorefinery

Aug 11, 2008

VeraSun Reports Record Revenues for Second Quarter 2008
Revenues Exceed One Billion Dollars and EBITDA More than Doubles over Q2 2007

Jul 29, 2008

VeraSun Energy Corporation to Release Second-Quarter 2008 Results and Host Webcast Tuesday, August 12, 2008

Jul 22, 2008

VeraSun Energy Announces Startup of Hankinson, North Dakota, Ethanol Biorefinery

Jul 1, 2008

VeraSun Energy Names Duane Gilliam Chairman
Petroleum Executive Appointed by Board of Directors

Jun 25, 2008

VeraSun Energy Delays Startup of Hankinson, North Dakota, Biorefinery

Jun 18, 2008

VeraSun Energy Announces Plant Managers at Three Ethanol Biorefineries

Jun 12, 2008

VeraSun Albert City Recognized for Governor’s Volunteer Award
Ethanol Facility Selected by Iowa Department of Education for Outstanding Contribution of Volunteer Service

Jun 10, 2008

VeraSun Energy Names Timm Hoffman as Vice President of Information Technology

Jun 5, 2008

VeraSun Energy to Present at William Blair 28th Annual Growth Stock Conference

Jun 4, 2008

VeraSun Energy Names Roderick Arnold as Director of Transportation

Jun 2, 2008

VeraSun Energy Closes $125 Million Revolving Credit Facility

Verasun has made great strides in their restructuring to date:

They have successfully broken most of the high cost corn futures contracts they purchased at corns peak (Which started bankruptcy)

They have successfully obtained DIP financing (196 million) to maintain most of their plants in operation and the others in "Hot idle"

They are about to auction off the excess capacity they purchased during a recent acquisition so they can emerge a smaller but stronger company

Please watch the video of President Obama (then Senator) at the Charles City Plant opening posted above!

This board will be betting on a successfull restructuring of VSUNQ

 OR NOT woulda, coulda shoulda. GLTA

          

 

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