Green Plains: Awaiting The Benefits Of Restructuring

BanksPhotos Green Plains Inc. (NASDAQ:GPRE) is one of the largest producers of Ethanol in the United States, a biofuel that is blended with fossil fuels to reduce emissions. Between FY19 and FY23, GPRE was not able to close a fiscal year in profit, even though the ethanol achieved higher sales prices than the historical average in FY22 and FY23. It has undertaken a path of restructuring its business since FY20, expanding its product portfolio, and making its business more carbon free, with a good chance ...