Company Overview - REX American is a publicly traded company on the NYSE since 1984, focusing on ethanol production and carbon capture and sequestration[8] - The company has a strong balance sheet with $3355 million in cash, cash equivalents & ST investments and $3542 million in working capital, with no bank debt[9] - REX controls approximately 300 million gallons of ethanol production annually across six facilities in the Midwest[12] Financial Performance - REX reported net sales and revenue of $1756 million, gross profit of $361 million, and net income attributable to shareholders of $071 per diluted share for Q3 2025[9] - Ethanol sales totaled 784 million gallons in Q3 2025, with an average selling price of $1731 per gallon[17] - In Q3 2025, ethanol accounted for $1357 million, representing 773% of the total product revenue[34] Carbon Capture and Sequestration (CCS) - REX is developing a carbon capture and sequestration facility at its One Earth Energy ethanol plant, expected to store approximately 560000 tons of carbon per year[46] - The One Earth Energy CCS project has a potential storage capacity of 90 million tons of carbon[49] - The company anticipates potential tax credit benefits of approximately $36 million annually from the 45Q program and $150 million annually from the 45Z program after carbon sequestration[58]