Exhibit 99 REX American Resources Reports Fiscal 2024 First Quarter Net Income Per Share Attributable to REX Common Shareholders of $0.58 Construction phase of carbon capture and compression facility scheduled for completion in July Announces securing of 100% of rights of way for carbon capture pipeline Dayton, OH - Wednesday, May 22, 2024 - REX American Resources Corporation ("REX" or the "Company") (NYSE: REX), a leading ethanol production company, today announced financial and operational results for the ...

REX (REX) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 87.10%. A quarter ago, it was expected that this ethanol producer would post earnings of $0.71 per share when it actually produced earnings of $1.16, delivering a surprise of 63.38%. Over the last four quarters, the company h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JANUARY 31, 2024 COMMISSION FILE NO. 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 31-1095548 (I.R.S. Employer Identification No.) 7720 Paragon Road, Dayton, Ohio (Address of principal executiv ...

REX American Resources Corporation (NYSE:REX) Q4 2023 Earnings Conference Call March 28, 2024 11:00 AM ET Company Participants Doug Bruggeman - Chief Financial Officer Stuart Rose - Executive Chairman Zafar Rizvi - Chief Executive Officer Conference Call Participants Pavel Molchanov - Raymond James BJ Cook - Singular Research Operator Good morning, and welcome to the REX American Resources Fourth Quarter and Full Fiscal Year 2023 Conference Call. As a reminder, today's call is being recorded. And at this ti ...

EXHIBIT 99 REX American Resources Reports Full Fiscal Year 2023 Net Income Per Share Attributable to REX Common Shareholders of $3.47, the Second Highest in Company History Dayton, OH - Thursday, March 28, 2024 - REX American Resources Corporation ("REX" or the "Company") (NYSE: REX), a leading ethanol production company, today announced financial and operational results for the Company's full year and fiscal fourth quarter 2023. REX American Resources' Q4 and full fiscal year 2023 results principally refle ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-1095548 (State or ...

REX American Resources Corporation (NYSE:REX) Q3 2023 Results Conference Call November 30, 2023 11:00 AM ET Company Participants Stuart Rose - Executive Chairman of the Board Zafar Rizvi - CEO Doug Bruggeman - CFO Conference Call Participants David Locke - Old Mammoth Investments Chris Sakai - Singular Research Operator Greetings, and welcome to the REX American Resources Fiscal 2023 Third Quarter Conference Call. [Operator Instructions]. I would now like to turn the conference over to Mr. Doug Bruggeman, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-1095548 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 7720 Paragon Road, Dayton, Ohio 45459 (Address of principal ...

REX American Resources Corporation (NYSE:REX) Q2 2023 Earnings Conference Call August 30, 2023 11:00 AM ET Company Participants Douglas Bruggeman - CFO Stuart Rose - Executive Chairman Zafar Rizvi - CEO Conference Call Participants Jordan Levy - Truist Securities Pavel Molchanov - Raymond James Chris Sakai - Singular Research David Locke - Old Mammoth Investments Operator Greetings, and welcome to the REX American Resources Fiscal 2023 Second Quarter Conference Call. During the presentation, all participant ...

Financial Performance - Net sales and revenue for the quarter ended April 30, 2023, increased approximately 10% to $212.7 million compared to $194.2 million in the same period of 2022[98]. - Gross profit for Q1 FY 2023 increased by approximately $3.1 million compared to Q1 FY 2022[106]. - Net income for Q1 FY 2023 was approximately $6.7 million, compared to approximately $7.0 million in Q1 FY 2022[114]. - Net cash used in operating activities was approximately $10.6 million in Q1 FY 2023, an improvement from approximately $17.7 million in Q1 FY 2022[116]. - Working capital increased to approximately $324.8 million as of April 30, 2023, compared to approximately $318.0 million at January 31, 2023[119]. - Cash provided by investing activities was approximately $21.0 million in Q1 FY 2023, compared to cash used of approximately $142.8 million in Q1 FY 2022[120]. Sales and Revenue Drivers - Ethanol sales increased by 11% in quantity sold, contributing to revenue growth despite a lower average selling price per gallon of ethanol, which was $2.21 compared to $2.28 in the prior year[99][100]. - The average selling price per ton of dried distillers grains increased by 12% to $244.85, with tons sold rising by 11%[101]. - Distillers corn oil sales saw a 16% increase in pounds sold compared to the prior year[102]. - The average selling price per pound of distillers corn oil remained stable at $0.63, with a total of 20.6 million pounds sold[99]. Costs and Expenses - Cost of sales rose approximately 8% to $197.7 million, with corn accounting for about 83% ($163.9 million) of total costs, reflecting higher average corn prices and usage[105]. - SG&A expenses were approximately $10.6 million in Q1 FY 2023, up from approximately $5.2 million in Q1 FY 2022, primarily due to increased outbound freight expenses[108]. Investments and Income - Income from equity investment in Big River was approximately $1.5 million in Q1 FY 2023, down from approximately $2.0 million in Q1 FY 2022[110]. - Interest and other income rose to approximately $2.8 million in Q1 FY 2023 from approximately $0.2 million in Q1 FY 2022, driven by higher interest income[111]. Future Outlook and Projects - The company is in the exploratory stage of a carbon sequestration project, having drilled a test well and applied for a Class VI injection well permit with the EPA[86]. - The Inflation Reduction Act of 2022 may create a new Clean Fuel Production Credit and increase the carbon capture tax credit from $50 to $85 per metric ton, potentially benefiting the company's operations[96]. - The company utilizes forward contracts and commodity futures to manage risks related to commodity price volatility, but cannot predict future realized crush spreads beyond four months[85]. - Capital expenditures for Q1 FY 2023 were approximately $4.2 million, with expectations of $60 million to $70 million for the remainder of the fiscal year[120]. Stock and Shareholder Actions - The company has a stock buyback program with 876,786 shares remaining authorized as of April 30, 2023[123].