GPP - Earnings announcements

Results for the Third Quarter of 2023 Net income of $9.4 million, or $0.40 per common unit Adjusted EBITDA of $12.7 million and distributable cash flow of $10.7 million Quarterly cash distribution of $0.455 per unit Distribution coverage ratio of 0.99x; LTM distribution coverage ratio of 0.99x Leverage ratio, net of cash; 0.72x Adjusted EBITDA Green Plains Partners LP (NASDAQ:GPP) (the "partnership" or "Green Plains Partners") today announced financial and operating results for the third quarter of 2023. Net income attributable to the partnership was $9.4 million, or $0.40 per common unit, for the third quarter of 2023, compared with net income of $10.2 million, or $0.43 p

Results for the Third Quarter of 2023 and Future Outlook: Net income attributable to Green Plains of $22.3 million, or EPS of $0.35 per diluted share EBITDA of $52.0 million Plant utilization rate of 93.9%, returning platform to consistent operations Outlook for the fourth quarter of 2023 remains strong based on solid production operating rates, industry fundamentals and expanding Ultra-High Protein sales Completed successful 60% protein production runs with growing global customer interest for future sales Green Plains Inc. (NASDAQ:GPRE) ("Green Plains" or the "company") today announced financial results for the third quarter of 2023. Net income attributable to the compan

Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release third quarter 2023 financial results prior to the market opening on October 31, 2023, and then host a joint conference call beginning at 9 a.m. Eastern time (8 a.m. Central time) to discuss third quarter 2023 performance and outlook. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231017805102/en/ Domestic and international participants can access the conference call by dialing 888.210.4215 and 646.960.0269, respectively, and referencing conference ID 5027523. Participants are advised to call at least 10 minutes prior to the start time. Alterna

Results for the Second Quarter of 2023 Net income of $9.3 million, or $0.39 per common unit Adjusted EBITDA of $12.7 million and distributable cash flow of $10.7 million Quarterly cash distribution of $0.455 per unit Distribution coverage ratio of 0.99x; LTM distribution coverage ratio of 1.01x Leverage ratio, net of cash; 0.82x Adjusted EBITDA Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the second quarter of 2023. Net income attributable to the partnership was $9.3 million, or $0.39 per common unit, for the second quarter of 2023, compared with net income of $10.5 million, or $0.44 per common unit, for the same period in 2022.

Results for the Second Quarter of 2023 and Future Outlook: EPS of ($0.89) per diluted share, compared to EPS of $0.73 per diluted share for the same period in the prior year Consolidated crush margin of $0.01 per gallon for the second quarter, inclusive of a significant negative earnings impact from Wood River not operating for a majority of the quarter, and additional planned and unplanned downtime, which positions the company for strong last half 2023 operational performance Outlook for the second half of 2023 materially stronger based on current industry margins, strong year-over-year Ultra-High Protein sales with expanding margin structure, recovery of renewable corn oil pricin

Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release second quarter 2023 financial results prior to the market opening on August 4, 2023, and then host a joint conference call beginning at 9 a.m. Eastern time (8 a.m. Central time) to discuss second quarter 2023 performance and outlook. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230718935297/en/ Domestic and international participants can access the conference call by dialing 888.210.4215 and 646.960.0269, respectively, and referencing conference ID 5027523. Participants are advised to call at least 10 minutes prior to the start time. Alterna

Results for the First Quarter of 2023 Net income of $9.9 million, or $0.42 per common unit Adjusted EBITDA of $12.5 million and distributable cash flow of $10.8 million Quarterly cash distribution of $0.455 per unit Distribution coverage ratio of 1.00x; LTM distribution coverage ratio of 1.02x. Leverage ratio, net of cash; 0.79x Adjusted EBITDA Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the first quarter of 2023. Net income attributable to the partnership was $9.9 million, or $0.42 per common unit, for the first quarter of 2023, compared with net income of $10.4 million, or $0.44 per common unit, for the same period in 2022.

Results for the First Quarter of 2023: EPS of ($1.20) per basic and diluted share, compared to EPS of ($1.16) per basic and diluted share for the same period in the prior year Protein technology operating at five facilities achieved record daily production rates in recent weeks and on track to produce approximately 900 tons per day for the remainder of the year to achieve annual run rate capacity of 330,000 tons once Wood River returns to operation Sold 52,000 tons of Ultra-High Protein in the first quarter, an increase of 40,000 tons over the same period in the prior year Consolidated crush margin of ($0.07) per gallon for the first quarter 2023 financial outlook significant

Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release first quarter 2023 financial results prior to the market opening on May 4, 2023, and then host a joint conference call beginning at 9 a.m. Eastern time (8 a.m. Central time) to discuss first quarter 2023 performance and outlook. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230417005586/en/ Domestic and international participants can access the conference call by dialing 888.210.4215 and 646.960.0269, respectively, and referencing conference ID 5027523. Participants are advised to call at least 10 minutes prior to the start time. Alternativel

Results for the Fourth Quarter of 2022 Net income of $9.6 million, or $0.41 per common unit Adjusted EBITDA of $12.7 million and distributable cash flow of $10.7 million Quarterly cash distribution of $0.455 per unit Distribution coverage ratio of 0.99x Results for the Full Year 2022 Net income of $40.7 million or $1.72 per common unit Adjusted EBITDA of $51.2 million and distributable cash flow of $44.6 million Distribution coverage of 1.04x Leverage ratio, net of cash; 0.75x Adjusted EBITDA Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the fourth quarter and full year of 2022. Net income attributable to the partnership was $9

Results for the Fourth Quarter and Full Year 2022: Fourth quarter EPS of $(0.66) per basic and diluted share, compared to EPS of $(0.18) per basic and diluted share for the same period in the prior year Full Year EPS of $(2.29) per basic and diluted share, compared to EPS of $(1.41) per basic and diluted share for the prior year Positive fourth quarter consolidated ethanol crush margin of $0.03 per gallon, inclusive of negative impact of winter storms across the platform Business Highlights: Protein technology currently operating at five facilities, with approximately 330,000 tons of annual capacity, and protein ingredients shipping from each of these facilities during the first q

Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release fourth quarter and full year 2022 financial results prior to the market opening on February 8, 2023, and then host a joint conference call beginning at 9 a.m. Eastern time (8 a.m. Central time) to discuss fourth quarter and full year 2022 performance and outlook. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124006110/en/ Domestic and international participants can access the conference call by dialing 888.210.4215 and 646.960.0269, respectively, and referencing conference ID 5027523. Participants are advised to call at least 10 minutes pri

Results for the Third Quarter of 2022 Net income of $10.2 million, or $0.43 per common unitAdjusted EBITDA of $13.0 million and distributable cash flow of $11.3 millionQuarterly cash distribution increased to $0.455 per unitDistribution coverage ratio of 1.05x; LTM distribution coverage ratio of 1.06xLeverage ratio, net of cash; 0.84x Adjusted EBITDA OMAHA, Neb., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the third quarter of 2022. Net income attributable to the partnership was $10.2 million, or $0.43 per common unit, for the third quarter of 2022, compared with net income of $9.4 million, or $0.40 per commo

Results for the Third Quarter of 2022: EPS of $(1.27) per basic and diluted share, compared to EPS of $(1.18) per basic and diluted share for the same period in the prior yearResults driven by record high corn basis levels, seasonal plant maintenance at 10 of 11 plants and lower of cost or market adjustment on inventoryProgress on high protein ingredient sales programs remains on track with execution of 25% higher pet food sales volumes for 2023 and growing customer engagement and sales in Latin America and Asia, in addition to growing volumes in aquacultureKey milestones to achieve 2024 transformation and previous financial guidance in protein, corn oil, clean sugar and carbon remain on tr

OMAHA, Neb., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release third quarter 2022 financial results prior to the market opening on November 3, 2022, and then host a joint conference call beginning at 9 a.m. Eastern time (8 a.m. Central time) to discuss third quarter 2022 performance and outlook. To participate in the live call, please pre-register here. All registrants will receive dial-in information and a unique PIN. A webcast of the call can be accessed on either Green Plains' website at https://investor.gpreinc.com/events-presentations or Green Plains Partners' website at http://ir.greenplainspartners.com. About G

Results for the Second Quarter of 2022 Net income of $10.5 million, or $0.44 per common unitAdjusted EBITDA of $12.9 million and distributable cash flow of $11.3 millionQuarterly cash distribution increased to $0.45 per unitDistribution coverage ratio of 1.06x; LTM distribution coverage ratio of 1.07xLeverage ratio, net of cash; 0.82x Adjusted EBITDA OMAHA, Neb., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the second quarter of 2022. Net income attributable to the partnership was $10.5 million, or $0.44 per common unit, for the second quarter of 2022, compared with net income of $10.3 million, or $0.44 per co

Results for the Second Quarter of 2022: Second quarter net income attributable to Green Plains of $46.4 million and EPS of $0.73 per diluted share, compared to net income attributable to Green Plains of $9.7 million and EPS of $0.20 per diluted share for the same period in the prior yearEBITDA of $84.4 million, inclusive of a USDA COVID relief payment of $27.7 million, compared to $50.9 million for the same period in the prior yearConsolidated crush margin of $0.28 per gallon for the second quarterPlant utilization rate of 96.9%, demonstrating the ability of our upgraded production platform$604.2 million of cash, cash equivalents, restricted cash and marketable securities; $70.0 million ava

OMAHA, Neb., July 14, 2022 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release second quarter 2022 financial results prior to the market opening on August 2, 2022, and then host a joint conference call beginning at 11 a.m. Eastern time (10 a.m. Central time) to discuss second quarter 2022 performance and outlook. To participate in the live call, please pre-register here. All registrants will receive dial-in information and a unique PIN. A webcast of the call can be accessed on either Green Plains' website at https://investor.gpreinc.com/events-presentations or Green Plains Partners' website at http://ir.greenplainspartners.com. About

Results for the First Quarter of 2022 Net income of $10.4 million, or $0.44 per common unitAdjusted EBITDA of $12.6 million and distributable cash flow of $11.2 millionQuarterly cash distribution increased to $0.445 per unitDistribution coverage ratio of 1.06x, LTM distribution coverage ratio of 1.32xReduced term debt by $1.0 millionLeverage ratio of 1.15x OMAHA, Neb., May 02, 2022 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the first quarter of 2022. Net income attributable to the partnership was $10.4 million, or $0.44 per common unit, for the first quarter of 2022, compared with net income of

Results for the First Quarter of 2022 and Outlook for Remainder of 2022: First quarter EPS of ($1.16) per diluted share, compared to ($0.17) for the same period in the prior yearAdjusted EBITDA of ($27.8) million compared to $15.4 million for the same period in the prior yearConsolidated crush margin of ($0.07) per gallon for the first quarterCash, cash equivalents, restricted cash and marketable securities of $629.2 million with $45.0 million available under a committed credit facilityPlant modernization and upgrade programs completed, returning platform to full utilization rate capability2022 outlook improving based on current forward ethanol crush margins OMAHA, Neb., May 02, 2022 (GL

OMAHA, Neb., April 14, 2022 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release first quarter 2022 financial results prior to the market opening on May 2, 2022, and then host a joint conference call beginning at 11 a.m. Eastern time (10 a.m. Central time) to discuss first quarter 2022 performance and outlook. Domestic and international participants can access the conference call by dialing 877.711.2374 and 281.542.4862, respectively, and referencing conference ID 4449669. Participants are advised to call at least 10 minutes prior to the start time. Alternatively, the conference call and presentation can be accessed on either Green Pla

Results for the Fourth Quarter 2021 Net income of $9.9 million, or $0.42 per common unitAdjusted EBITDA of $12.2 million and distributable cash flow of $11.0 millionQuarterly cash distribution declared of $0.44 per unitDistribution coverage ratio of 1.05x Results for the Full Year 2021 Net income of $40.4 million, or $1.71 per common unitAdjusted EBITDA of $52.1 million and distributable cash flow of $45.4 millionDistribution coverage ratio of 1.72x OMAHA, Neb., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the fourth quarter and full year of 2021. Net income attributable to the partnership was $9.9 million,

Results for the Fourth Quarter and Full Year 2021 Fourth quarter EPS of ($0.18) per diluted share including negative impact from an income tax valuation adjustment, compared to ($1.43) per diluted share for the same period in the prior yearFull Year EPS of ($1.41) per diluted share compared to ($3.14) per diluted share for the prior yearFourth quarter Adjusted EBITDA of $32.0 million and positive free cash flow generation compared to $9.4 million for the same period in the prior yearFull year Adjusted EBITDA of $87.4 million compared to $36.7 million for the prior yearFourth quarter consolidated crush margin of $0.20 per gallon and full year consolidated crush margin of $0.17 per gallon inc

OMAHA, Neb., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release fourth quarter and full year 2021 financial results prior to the market opening on Friday, Feb. 11, 2022, and then host a joint conference call beginning at 11 a.m. Eastern time (10 a.m. Central time) to discuss fourth quarter and full year 2021 performance and outlook. Domestic and international participants can access the conference call by dialing 877.711.2374 and 281.542.4862, respectively, and referencing conference ID 5896346. Participants are advised to call at least 10 minutes prior to the start time. Alternatively, the conference call and presentat

Results for the Third Quarter of 2021 Net income of $9.4 million, or $0.40 per common unitAdjusted EBITDA of $13.5 million and distributable cash flow of $11.5 millionQuarterly cash distribution of $0.435 per unitDistribution coverage ratio of 1.11x, LTM distribution coverage ratio of 2.43x OMAHA, Neb., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the third quarter of 2021. Net income attributable to the partnership was $9.4 million, or $0.40 per common unit, for the third quarter of 2021, compared with net income of $10.3 million, or $0.44 per common unit, for the same period in 2020. The partnership a

Results for the Third Quarter of 2021: Net loss attributable to the company of $59.6 million, or ($1.18) per diluted shareAdjusted EBITDA of ($14.8) millionConsolidated crush margin of $0.01 per gallon for the third quarter and $0.16 per gallon year-to-dateCash, cash equivalents and restricted cash of $720.9 million with $312.6 million available under committed credit facilities Highlights and Recent Developments Green Plains Wood River LLC's MSC™ Ultra-High Protein system is operational, with shipments expected in NovemberBroke ground on 4th MSC™ Ultra-High Protein facility, at Green Plains Mount Vernon, and anticipate breaking ground at Obion, Green Plains' 5th MSC™ location in the comi

OMAHA, Neb., Oct. 11, 2021 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and Green Plains Partners LP (NASDAQ:GPP) will release third quarter 2021 financial results prior to the market opening on Thursday, Nov. 4, 2021, and then host a joint conference call beginning at 11 a.m. Eastern time (10 a.m. Central time) to discuss third quarter performance and outlook. Domestic and international participants can access the conference call by dialing 877.711.2374 and 281.542.4862, respectively, and referencing conference ID 2049686. Participants are advised to call at least 10 minutes prior to the start time. Alternatively, the conference call and presentation can be accessed on either Gree

Results for the Second Quarter of 2021 Net income of $10.3 million, or $0.44 per common unitAdjusted EBITDA of $12.7 million and distributable cash flow of $11.2 millionQuarterly cash distribution of $0.12 per unitDistribution coverage ratio of 3.95x, LTM distribution coverage ratio of 4.01x OMAHA, Neb., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the second quarter of 2021. Net income attributable to the partnership was $10.3 million, or $0.44 per common unit, for the second quarter of 2021 compared with net income of $10.2 million, or $0.43 per common unit, for the same period in 2020. The partnership also

Results for the Second Quarter of 2021: Net income attributable to the company of $9.7 million, or $0.20 per diluted share inclusive of a $3.8 million loss related to the sale of certain assets and a $9.5 million charge related to a private exchange of convertible notesAdjusted EBITDA of $54.8 million, exclusive of a $3.8 million loss related to the sale of certain assetsConsolidated crush margin of $0.37 per gallonStrong liquidity position, with cash, cash equivalents and restricted cash of $615.4 million and $294.2 million available under committed credit facilities OMAHA, Neb., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) today announced financial results for the