Core Viewpoint - FutureFuel Corp. has been awarded a Bronze Medal for sustainability performance by EcoVadis, highlighting its commitment to Environmental, Social, and Governance (ESG) principles and marking a significant milestone in its sustainability journey [1][3]. Company Overview - FutureFuel is a manufacturer of custom and performance chemicals as well as biofuels, producing specialty chemicals for specific customers and multi-customer specialty chemicals [4]. - The company's custom chemicals portfolio includes proprietary intermediates for major chemical companies, while its performance chemicals include polymer modifiers and small-volume specialty chemicals for diverse applications [4]. - FutureFuel's biofuels segment primarily focuses on the production and sale of biodiesel [4]. Sustainability Performance - FutureFuel scored in the 73rd percentile in its first year of submission for an EcoVadis rating, demonstrating its vision and commitment to continuous improvement in transparency and positive impacts across the four assessment categories [3]. - EcoVadis is a globally recognized provider of business sustainability ratings, assessing companies in areas such as environment, labor and human rights, ethics, and sustainable procurement [2].

Core Viewpoint - FutureFuel Corp. will release its year-end 2024 financial results on March 14, 2025, after market close [1] Company Overview - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products [2] - The chemicals business includes custom chemicals for specific customers and performance chemicals for multiple customers [2] - Custom chemicals include proprietary intermediates and chlorinated polyolefin adhesion promoters [2] - Performance chemicals consist of polymer modifiers and small-volume specialty chemicals for various applications [2] - The biofuels segment primarily focuses on the production and sale of biodiesel [2]

Core Viewpoint - FutureFuel Corp. is set to release its year-end 2024 financial results on March 14, 2025, after market close [1] Company Overview - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuels [2] - The chemicals business includes custom chemicals for specific customers and performance chemicals for multiple customers [2] - Custom chemicals include proprietary intermediates and chlorinated polyolefin adhesion promoters [2] - Performance chemicals consist of polymer modifiers and small-volume specialty chemicals for various applications [2] - The biofuels segment primarily focuses on the production and sale of biodiesel [2]

Core Insights - FutureFuel Corp. has announced an extensive maintenance turnaround of its Biodiesel plant, which is expected to last through February 2025, delaying biodiesel production [2] - The expiration of the Blenders' Tax Credit on December 31, 2024, has created uncertainty in the biodiesel industry, as it has been replaced by the IRA 45Z producer's tax credit, which lacks sufficient details from government agencies [3] Company Overview - FutureFuel is a manufacturer of custom and performance chemicals and biofuels, with a focus on specialty chemicals for specific customers and multi-customer specialty chemicals [4] - The company's product portfolio includes proprietary agrochemicals, adhesion promoters, biocide intermediates, antioxidant precursors, nylon and polyester polymer modifiers, and various specialty chemicals and solvents [4] - FutureFuel's biofuels segment primarily produces and sells biodiesel to its customers [4]

Core Insights - The investment philosophy emphasizes avoiding errors of commission in favor of errors of omission, as the latter are less costly [1] - The focus is on identifying clear and obvious investment opportunities that warrant a concentrated position, typically 5-10% of the portfolio [1] - The approach suggests that smaller investments may not justify the effort, advocating for index fund investments instead [1] Investment Strategy - The strategy involves prioritizing significant investment opportunities that stand out as obvious choices [1] - The intention is to issue fewer buy theses, making those that are suggested more meaningful [1] - The company seeks to learn from the investment community when mistakes are made, indicating a collaborative approach to investment education [1]

Company Overview - FutureFuel Corp is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products [2] - The company's chemicals business includes custom chemicals for specific customers and performance chemicals for multiple customers [2] - Custom chemicals portfolio includes proprietary intermediates for major chemical companies and chlorinated polyolefin adhesion promoters [2] - Performance chemicals portfolio includes polymer (nylon) modifiers and small-volume specialty chemicals for diverse applications [2] - The biofuels segment primarily produces and sells biodiesel [2] Regulatory Development - FutureFuel has received Excise Tax Registration approval from the Internal Revenue Service [1] - This registration is the first requirement to be eligible for the Internal Revenue Code 45Z credit (clean fuel production tax credit) [1] - The tax credit was first approved in August 2022 and became effective on January 1, 2025 [1] - FutureFuel and other Renewable Fuel Producers are awaiting full guidance from the IRS regarding the tax credit [1] Production Capacity - FutureFuel has the capacity to produce up to 60 million gallons of biodiesel annually [1] Forward-Looking Statements - The document contains forward-looking statements regarding FutureFuel's current plans, intentions, beliefs, and expectations [3] - These statements include terms such as "believe," "plan," "expect," "intend," "estimate," and "anticipate" [3] - Forward-looking statements may be included in SEC filings, press releases, or oral statements made by authorized executives [3]

Core Viewpoint - FutureFuel Corp. (NYSE: FF) is rated as a buy due to its share price being close to fair value and the company offering substantial annual dividends [3]. Company Summary - FutureFuel is actively working on improving and expanding both of its business segments, indicating a focus on growth and operational enhancement [3]. - The company is noted for paying exceptionally large dividends, which adds to its attractiveness as an investment [3]. Investment Strategy - The strategy includes regularly selling cash-secured puts on FutureFuel stock, suggesting a tactical approach to generating income while managing risk [3].

Revenue and Profitability - Revenue for the three months ended September 30, 2024, was $51,140, a decrease of $65,612 or 56% compared to $116,752 in the same period of 2023[68] - Net loss for the three months ended September 30, 2024, was $1,195, compared to net income of $2,776 in the same period of 2023, representing a decrease of $3,971[68] - Adjusted EBITDA for the three months ended September 30, 2024, was $(973), a decrease of $10,632 compared to $9,659 in the same period of 2023[68] - Revenue for the nine months ended September 30, 2024, was $181,830, down $94,411 or 34% from $276,241 in the same period of 2023[70] - Gross profit for the three months ended September 30, 2024, decreased to $383, down $3,487 or 90.1% from $3,870 in the same period of 2023[79] - Gross profit for the nine months ended September 30, 2024, decreased by $9,812 or 44.8% compared to the same period in 2023, primarily due to reduced RIN sales and higher costs from extreme winter weather[82][86] Segment Performance - The biofuel segment experienced a sales volume decline of $41,015 in the three months ended September 30, 2024, primarily due to production issues and delays from equipment suppliers[79] - The chemical segment saw a slight revenue increase of $81 in the three months ended September 30, 2024, driven by stronger sales volumes in the coatings market[79] - Chemical segment revenues for the nine months ended September 30, 2024, decreased by $3,261 or 5.6% compared to the same period in 2023, with custom chemicals revenue totaling $46,333, a decrease of $317[89] - Biofuel segment revenues for the nine months ended September 30, 2024, decreased by $91,150 or 41.9% compared to the same period in 2023, primarily due to a 22% reduction in sales volume and a 20% reduction in average price[93] - Gross loss for the biofuel segment in the three months ended September 30, 2024, was $3,024, a decrease of $16 from the same period in 2023, attributed to reduced sales volumes and production issues[95] Operating Expenses and Tax - Operating expenses for the three months ended September 30, 2024, were $(3,271), a decrease of $302 or 8.5% compared to $(3,573) in the same period of 2023[79] - Operating expenses decreased by $650 in the nine months ended September 30, 2024, compared to the same period in 2023, driven by lower administrative and research and development expenses[83] - The income tax benefit provision for the nine months ended September 30, 2024, was $635, an increase of 1767.6% compared to $34 in the same period of 2023[79] - The company’s income tax benefit was insignificant in the three months ended September 30, 2024, with no deferred tax benefits recognized due to management's assessment of deferred tax assets[86][87] - The company evaluates its deferred tax assets quarterly and records a valuation allowance to reduce these assets to realizable amounts[87] Cash Flow and Financing - Cash provided by operating activities increased to $41,415, a 388% increase from $8,458 in the same period of 2023[107] - Cash used in investing activities was $10,176, a decrease of $39,892 compared to cash provided by investing activities of $29,716 in the nine months ended September 30, 2023[108] - Cash used in financing activities rose to $117,285, primarily due to dividend payments, including a special dividend of $109,408[109] - A special dividend of $2.50 per share was paid on April 9, 2024, totaling $109,408, with regular cash dividends of $0.06 per share paid quarterly[113] - The company has a credit agreement for $100,000, which is a revolving facility set to terminate on March 30, 2025[111] Market and Risk Factors - The fair value of derivative instruments was a net asset of $297 as of September 30, 2024, down from $1,736 at December 31, 2023[122] - A hypothetical 10% adverse change in the price of biodiesel feedstocks methanol could result in a gross profit decrease of $9,664, representing a 68.8% decrease[126] - The company intends to fund future capital requirements from cash flow, existing cash, and potential borrowings under the credit facility, without the need to issue securities[112] - The company has no borrowings as of September 30, 2024, indicating no exposure to interest rate risk[127] - Market risks include commodity price fluctuations, with significant risks associated with raw materials such as yellow grease and used cooking oil[120]

Exhibit 99.1 November 8, 2024 COMPANY CONTACT FutureFuel Corp. Roeland Polet (314) 854-8352 www.futurefuelcorporation.com FutureFuel Releases Third Quarter 2024 Results Reports Net Loss of $1.2 Million or $0.03 per Diluted Share, and Adjusted EBITDA of $(1.0) Million CLAYTON, Mo. (November 8, 2024) – FutureFuel Corp. (NYSE: FF) ("FutureFuel"), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the third quarter ended September 30, 2024. Third quarter 2024 ...

CLAYTON, Mo., Nov. 08, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the third quarter ended September 30, 2024. Third quarter 2024 Financial Highlights (all comparisons are with the third quarter of 2023) Revenues were $51.1 million, a decrease of 56% or $65.6 million compared to $116.8 million.Net loss was $1.2 million, or $0.03 per diluted share, down from a net income of $2.8 mil ...