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Lol clay!! Nooo timberrrr.
Yes!!!!
Mnkd $$$$$$
Jajaja yes.
No sorry jaja...
This is the good one: sorry
http://thehill.com/policy/energy-environment/266339-trump-calls-for-higher-ethanol-mandate#.WCKmqWnSKsU.twitter
Time to move! If you are not a friend or family of koos.
100% agree. I sold all my shares after a long time defending this scam. I just wish I'd had it done sooner and not spent so much money. My only regret is that I didn't listen to angry goat aka sid. Only kroos and friends are the winners here. Karma will do the rest.....
Agree. SCAM
I think that both of them. Over 7 uffff....
Thanks!! All ready for a perfect 2016 - 2017.
Nice!!! ;)
Strong PEIX
Yes, to the result. Calm. Bad quarter on a good year. Long and strong ;)
Pacific Ethanol, Inc. (NASDAQ:PEIX), a leading producer and marketer of low-carbon renewable fuels in the United States, reported its financial results for the three and nine months ended September 30, 2016.
Neil Koehler, the company’s president and CEO, stated: “During the third quarter, we sold a record 243.7 million gallons of ethanol, reflecting increased output from our eight production facilities as well as a 16% increase in third party sales over the comparable period in 2015. As a result, net sales grew 10% compared to the third quarter of last year. This also demonstrates our success in integrating and optimizing our Midwest assets.
“Net loss of $3.8 million for the third quarter of 2016 was impacted by over $11 million of extraordinary expenses, including higher beginning inventory valuation, lower margins in the Company’s ethanol trading business resulting from the intra-quarter drop in ethanol prices, significant repair expenses and non-cash mark-to-market adjustments related to open hedge positions.
“We are now experiencing near the best production margins of the year from strong ethanol demand and low corn input costs aided by a record corn crop. With our diverse platform of efficiently operating assets and multiple products, we are well positioned to profit from the positive market conditions in the fourth quarter.”
Recent Business Highlights
Initiated startup of an industrial-scale membrane separation system at our Madera facility. Using the Whitefox ICE™ Solution, the system is expected to reduce energy costs and lower the carbon intensity of our ethanol produced.
Received EPA approval on our pathway to generate cellulosic ethanol at our Stockton facility. The Company expects to produce over one million gallons of high-value, D3-eligible RINs annually.
Contracted to install a 5 megawatt solar photovoltaic power system at our Madera facility. The solar PV system is expected to displace more than 30% of the electricity currently provided by the grid and lower the carbon intensity of the ethanol produced.
Financial Results for the Three Months Ended September 30, 2016
Net sales were $417.8 million for the third quarter of 2016, an increase of 10% when compared to net sales of $380.6 million for the third quarter of 2015. The increase was attributable to record gallons sold from both production and third party sales.
Gross profit was $6.4 million for the third quarter of 2016, compared to a gross loss of $7.4 million for the third quarter of 2015. The improvement reflects stronger production margins in the current period, as well as $8.7 million of purchase accounting adjustments recorded in the prior year that did not recur in 2016.
Selling, general and administrative ("SG&A") expenses were $6.0 million for the third quarter of 2016, compared to $7.4 million for the third quarter of 2015, primarily due to the synergies derived from the integration of the company’s Midwest assets.
Operating income for the third quarter of 2016 was $0.4 million, compared to an operating loss of $14.8 million for the third quarter of 2015.
Interest expense, net for the third quarter of 2016 was $3.9 million, compared to $5.2 million for the third quarter of 2015. This decrease is primarily attributable to $1.1 million of capitalized interest in the current period.
There was no benefit for income taxes recorded for the third quarter of 2016, whereas a $3.9 million benefit was recorded in the third quarter of 2015.
Net loss available to common stockholders for the third quarter of 2016 was $3.8 million, or $0.09 per share, compared to a loss of $15.0 million, or $0.36 per share, for the third quarter of 2015.
Adjusted EBITDA was $9.3 million for the third quarter of 2016, compared to $2.4 million for the third quarter of 2015.
Cash and cash equivalents were $40.6 million at September 30, 2016, compared to $52.7 million at December 31, 2015. The lower year-over-year cash and cash equivalents balance reflects debt and interest payments of over $27.0 million and capital expenditures of $14.0 million. On a sequential basis, cash and cash equivalents improved from $31.7 million at June 30, 2016.
Financial Results for the Nine Months Ended September 30, 2016
Net sales were $1,183.0 million for the first nine months of 2016, compared to $814.4 million for the same period of 2015.
Gross profit was $25.1 million for the first nine months of 2016, compared to a gross loss of $2.1 million for the same period of 2015.
SG&A expenses were $20.4 million for the first nine months of 2016, compared to SG&A expenses of $16.3 million for the same period of 2015.
Operating income for the first nine months of 2016 was $4.7 million, compared to an operating loss of $18.5 million for the same period of 2015.
Net loss available to common stockholders was $12.6 million for the first nine months of 2016, compared to $19.0 million for the same period of 2015.
Adjusted EBITDA was $31.3 million for the first nine months of 2016, compared to $5.2 million for the same period of 2015.
might not be as bad as it seems...
This is going to be a very good year. Long and strong.
Financial Results for the Nine Months Ended September 30, 2016
Net sales were $1,183.0 million for the first nine months of 2016, compared to $814.4 million for the same period of 2015.
Gross profit was $25.1 million for the first nine months of 2016, compared to a gross loss of $2.1 million for the same period of 2015.
SG&A expenses were $20.4 million for the first nine months of 2016, compared to SG&A expenses of $16.3 million for the same period of 2015.
Operating income for the first nine months of 2016 was $4.7 million, compared to an operating loss of $18.5 million for the same period of 2015.
Net loss available to common stockholders was $12.6 million for the first nine months of 2016, compared to $19.0 million for the same period of 2015.
Adjusted EBITDA was $31.3 million for the first nine months of 2016, compared to $5.2 million for the same period of 2015.
Best of luck Rk3! Thanks
Green Plains Inc. (NASDAQ:GPRE) today announced financial results for the third quarter of 2016. Net income attributable to the company was $7.9 million, or $0.20 per diluted share, for the third quarter of 2016 compared with net income of $6.2 million, or $0.16 per diluted share, for the same period in 2015. Revenues were $841.9 million for the third quarter of 2016 compared with $742.8 million for the same period last year.
I'm out. Too many years wasting time and money. Sad day. one long less... sid was right.
Yepp 7,5usd ;)
If you are out respect us.
my patience is running out.
Thanks dutch!! Nice day.
Nice!!! Long and strong
I doubt that the company paid for that.
Lol... Another alternative???
Come on 7's!! Bulls will win IMO
Yeeeppppa GOOOO
0,004 I'm here since 2014.
I have an average of 0,004... I don't have any hope... Maybe with rgbp and rgbpp I will recoup my losses.
I'm long with peix. I won't sell any of my shares on 10's... but before, for 20's pps we need a higher price of oil. I'm sure we will retourn to the 20's, but before we need to cross the psicological line of the 10 usd. sorry for my english. Beliveme, I'm a long investor and I'm sure that this is the winner horse.
Best regards.
10 usd only a question of time IMO
Yeesssss ;)
tomorrow second round... we'll see. ;)
Come 7 come....
Yeeeppp ;)
Good move... 0,20?