Green Plains Inc. is a leading biorefining company focused on the development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. This includes the production of cleaner low carbon biofuels, renewable feedstocks for advanced biofuels and high purity alcohols for use in cleaners and disinfectants. Green Plains is an innovative producer of Ultra-High Protein and novel ingredients for animal and aquaculture diets to help satisfy a growing global appetite for sustainable protein. The Company also owns a 48.9% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP.
Company profile
Ticker
GPRE
Exchange
Website
CEO
Todd Becker
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Green Plains Renewable Energy, Inc., GREEN PLAINS RENEWABLE ENERGY, INC.
SEC CIK
Corporate docs
Subsidiaries
Birmingham BioEnergy Partners LLC • BlendStar LLC • Fluid Quip Technologies, LLC • Green Plains Atkinson LLC • Green Plains Central City LLC • Green Plains Ethanol Storage LLC • Green Plains Fairmont LLC • Green Plains Grain Company LLC • Green Plains Holdings LLC • Green Plains Hopewell LLC ...
IRS number
841652107
GPRE stock data
Analyst ratings and price targets
Current price
Average target
$41.00
Low target
$37.00
High target
$45.00
Stephens & Co.
Downgraded
$37.00
UBS
Initiated
$45.00
Latest filings (excl ownership)
8-K
Amendments to Articles of Incorporation or Bylaws
16 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Green Plains Reports Third Quarter 2022 Financial Results
3 Nov 22
UPLOAD
Letter from SEC
28 Oct 22
CORRESP
Correspondence with SEC
27 Sep 22
8-K
Green Plains Announces Executive Leadership Appointments
22 Sep 22
UPLOAD
Letter from SEC
13 Sep 22
8-K
Entry into a Material Definitive Agreement
25 Aug 22
8-K
Unregistered Sales of Equity Securities
11 Aug 22
8-K
Entry into a Material Definitive Agreement
5 Aug 22
Transcripts
GPRE
Earnings call transcript
2022 Q2
3 Aug 22
GPRE
Earnings call transcript
2022 Q1
2 May 22
GPRE
Earnings call transcript
2021 Q4
11 Feb 22
GPRE
Earnings call transcript
2021 Q3
6 Nov 21
GPRE
Earnings call transcript
2021 Q2
2 Aug 21
GPRE
Earnings call transcript
2021 Q1
3 May 21
GPRE
Earnings call transcript
2020 Q4
10 Feb 21
GPRE
Earnings call transcript
2020 Q3
8 Nov 20
GPRE
Earnings call transcript
2020 Q2
4 Aug 20
GPRE
Earnings call transcript
2020 Q1
4 May 20
Latest ownership filings
SC 13D/A
Ancora Advisors, LLC
31 Jan 23
SC 13G
FRANKLIN MUTUAL ADVISERS LLC
31 Jan 23
5
Alain Treuer
23 Jan 23
5
MICHELLE MAPES
12 Jan 23
4
Chris Osowski
12 Jan 23
4
JAMES E STARK
12 Jan 23
4
JAMES E STARK
8 Dec 22
4
James F Herbert II
12 Oct 22
3
James F Herbert II
12 Oct 22
4
Grant D Kadavy
5 Oct 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 487.45 mm | 487.45 mm | 487.45 mm | 487.45 mm | 487.45 mm | 487.45 mm |
| Cash burn (monthly) | 30.61 mm | 19.45 mm | 20.63 mm | 5.68 mm | (no burn) | 195.67 k |
| Cash used (since last report) | 124.87 mm | 79.36 mm | 84.15 mm | 23.16 mm | n/a | 798.22 k |
| Cash remaining | 362.57 mm | 408.09 mm | 403.30 mm | 464.28 mm | n/a | 486.65 mm |
| Runway (months of cash) | 11.8 | 21.0 | 19.6 | 81.8 | n/a | 2487.1 |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 209 |
| Opened positions | 25 |
| Closed positions | 35 |
| Increased positions | 86 |
| Reduced positions | 66 |
| 13F shares | Current |
|---|---|
| Total value | 2.16 bn |
| Total shares | 65.64 mm |
| Total puts | 1.15 mm |
| Total calls | 1.54 mm |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 10.03 mm | $291.68 mm |
| Ancora Advisors | 4.12 mm | $119.68 mm |
| Vanguard | 3.96 mm | $115.23 mm |
| Ancora Alternatives | 3.93 mm | $0.00 |
| BEN Franklin Resources | 3.92 mm | $113.93 mm |
| Grantham, Mayo, Van Otterloo & Co. | 2.77 mm | $80.62 mm |
| Dimensional Fund Advisors | 2.70 mm | $78.52 mm |
| Wolf Hill Capital Management | 2.69 mm | $78.28 mm |
| BNP Paribas Asset Management Holding | 1.97 mm | $57.23 mm |
| Wellington Management | 1.81 mm | $52.59 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Jan 23 | James E Stark | Common Stock | Payment of exercise | Dispose F | No | No | 31.85 | 1,188 | 37.84 k | 9,996 |
| 10 Jan 23 | Chris Osowski | Common Stock | Payment of exercise | Dispose F | No | No | 31.85 | 1,425 | 45.39 k | 7,181 |
| 23 Dec 22 | Michelle Mapes | Common Stock | Gift | Dispose G | No | No | 0 | 550 | 0.00 | 57,735 |
| 23 Dec 22 | Treuer Alain | Common Stock | Gift | Acquire G | Yes | No | 0 | 52,650 | 0.00 | 272,999 |
| 23 Dec 22 | Treuer Alain | Common Stock | Gift | Dispose G | No | No | 0 | 52,650 | 0.00 | 35,727 |
| 6 Dec 22 | James E Stark | Common Stock | Buy | Acquire P | No | No | 31.85 | 787 | 25.07 k | 11,184 |
| 19 May 22 | Treuer Alain | Common Stock | Gift | Acquire G | Yes | No | 0 | 3,349 | 0.00 | 220,349 |
| 19 May 22 | Treuer Alain | Common Stock | Gift | Dispose G | No | No | 0 | 3,349 | 0.00 | 88,377 |
| 11 Apr 22 | Treuer Alain | Common Stock | Gift | Acquire G | Yes | No | 0 | 42,000 | 0.00 | 217,000 |
| 11 Apr 22 | Treuer Alain | Common Stock | Gift | Dispose G | No | No | 0 | 42,000 | 0.00 | 91,726 |
News
General Motors, Spotify, A. O. Smith And Other Big Stocks Moving Higher On Tuesday
31 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 17, 2023
17 Jan 23
Stephens & Co. Downgrades Green Plains to Equal-Weight, Lowers Price Target to $37
17 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For December 14, 2022
14 Dec 22
UBS Initiates Coverage On Green Plains with Buy Rating, Announces Price Target of $45
14 Dec 22
Press releases
United, Tallgrass, and Green Plains Form Joint Venture to Develop New Sustainable Aviation Fuel Technology Using Ethanol
31 Jan 23
Ancora Sends Letter to Green Plains' Board of Directors Regarding the Need to Explore a Sale
31 Jan 23
Green Plains to Host Fourth Quarter and Full Year 2022 Earnings Conference Call on February 8, 2023
25 Jan 23
Osaka Gas USA, Tallgrass & Green Plains Partner to Advance Japan's Climate Objectives
21 Dec 22
Green Plains to Participate in BMO Growth & ESG Conference
30 Nov 22