Green Plains Intrinsic Value Calculation – Green Plains Partners LP Reports $9.3 Million Net Income in Q2 2023
August 9, 2023
🌥️Trending News
Green Plains ($NASDAQ:GPRE) Partners LP, a publicly-traded American company, released their financial and operating results for the second quarter of 2023 today. The company reported that net income allocated to the partnership totaled $9.3 million, indicating a prosperous quarter for the company. Green Plains Partners LP is a diversified company that operates in the energy sector and engages in the production, marketing, and distribution of ethanol and related products. With an impressive portfolio of assets and investments, the company is set to continue its record of success in the future.
Market Price
Green Plains Partners LP (GP), a leading independent fuel storage and transportation company, announced on Monday that it had reported a net income of $9.3 million for the second quarter of 2023. In addition, GP stock opened on Monday at $31.4 and closed at $32.8, up by 3.1% from its previous closing price of $31.8. This positive news may have boosted investor sentiment and contributed to the stock’s increase in value. The company’s strong performance in the second quarter of 2023 marks a promising start for GREEN PLAINS, and investors will be keeping an eye out for further updates from the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Green Plains. More…
| Total Revenues | Net Income | Net Margin |
| 3.56k | -235.07 | -6.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Green Plains. More…
| Operations | Investing | Financing |
| 7.92 | -127.51 | -99.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Green Plains. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.02k | 1.1k | 13.07 |
Key Ratios Snapshot
Some of the financial key ratios for Green Plains are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.1% | -47.4% | -4.9% |
| FCF Margin | ROE | ROA |
| -3.5% | -13.6% | -5.4% |
Analysis – Green Plains Intrinsic Value Calculation
At GoodWhale, we have conducted extensive analysis of GREEN PLAINS‘ wellbeing. Our proprietary Valuation Line has allowed us to calculate the fair value of GREEN PLAINS’ share at about $31.6. Currently, however, GREEN PLAINS’ stock is traded at $32.8, which is a fair price, yet an overvaluation of 3.8%. At GoodWhale, we strive to ensure that our clients make informed decisions when investing in GREEN PLAINS’ stock. More…
Peers
Green Plains Inc is an American-based biofuel company and is the fourth largest ethanol producer in the United States. Green Plains Inc has three main competitors: REX American Resources Corp, Hypower Fuel Inc, Alto Ingredients Inc. All three companies are based in the United States and are engaged in the business of biofuel production.
– REX American Resources Corp ($NYSE:REX)
REX American Resources Corp is a publicly traded company that explores for, develops, and produces oil and natural gas. The company has a market capitalization of 536.43 million as of 2022 and a return on equity of 9.35%. The company’s primary operations are located in the United States.
– Hypower Fuel Inc ($OTCPK:HYPF)
Alto Ingredients Inc is a food and beverage company with a market cap of 303.4M as of 2022. The company has a return on equity of 9.76%. Alto Ingredients Inc produces and sells food and beverage products. The company offers a variety of food and beverage products, including processed foods, beverages, and snacks. Alto Ingredients Inc also provides a range of services, including food and beverage processing, packaging, and distribution.
Summary
Green Plains Partners LP, a publicly-traded partnership, reported strong financial results for the second quarter of 2023 with net income attributable to the partnership amounting to $9.3 million. This news caused the stock price to rise the same day, indicating a bullish sentiment from investors. Analysts point to the company’s expanding business opportunities in the renewable fuels sector as a major factor driving the success of the company. These opportunities include biodiesel production and ethanol production, both of which are growing rapidly due to increasing demand worldwide for clean fuel sources.
Additionally, the company has been able to capitalize on new technologies and cost-saving measures to remain competitive on the market. Overall, Green Plains Partners LP is an attractive investment opportunity for those seeking exposure to the renewable fuels industry.
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