REX American Resources Corp (REX) is a leading American company that is primarily involved in the production of ethanol. The company is headquartered in Dayton, Ohio, and operates seven ethanol production facilities across the Midwest. These facilities convert corn into ethanol, which is then blended into gasoline, making it a critical player in the renewable fuels industry.
REX wasn't always in the ethanol business. The company, initially known as Rex Radio and Television, began its operations in the 1980s as a retailer of consumer electronics. Later on, it made a foray into different businesses, including real estate management and investment, before settling into its current ethanol production business. This strategic shift has proved to be immensely successful, thanks to its investment in some of the most efficient ethanol plants across the United States.
REX is known for its innovative approach to the ethanol production process, which has greatly increased the efficiency of its operations. This is evident from the company's strong financial performance, with solid revenue growth over the years.
Apart from producing ethanol, REX is also engaged in the extraction of valuable corn oil, a byproduct of the ethanol production process. This adds another revenue stream to the company's portfolio, giving it a significant advantage over its competitors.
Despite facing challenges due to volatile corn and ethanol prices, REX has consistently managed to maintain its profitability. This is largely due to its relentless focus on operational efficiency and cost management. The management continually invests in upgrading its facilities to increase production and reduce costs.
REX American Resources Corp is a dedicated promoter of renewable energy. They place a strong emphasis on living up to their environmental responsibilities, continuously striving to minimize their carbon footprint and lessen the impact of their operations on the environment. The production of ethanol—a renewable, clean-burning fuel—helps in reducing greenhouse gas emissions and dependence on fossil fuels, further solidifying REX's commitment towards a sustainable future.
In conclusion, REX American Resources Corp occupies a significant position in America's renewable fuels industry. Its ongoing success can be attributed to its strategic focus, efficient operations, strong financial performance, and commitment to sustainability.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
REX American Resources (REX) has seen a significant 217.2% stock price increase over the past five years. Despite this run, the company's P/E ratio of 11.9x is lower than the Oil and Gas industry average of 13.5x, suggesting it might be undervalued based on its earnings compared to peers. The article emphasizes the importance of evaluating REX's future growth, profitability, and earnings power to justify its current valuation and provides a framework for investors to assess these factors.
REX American Resources (REX) reported a record second quarter with $1.06 net income per diluted share, marking its 24th consecutive profitable quarter, driven by strong crush margins, byproduct pricing, and federal tax credits. However, underlying concerns exist as volume growth stalled, and a critical pipeline permit from the Illinois Commerce Commission is needed for its carbon capture project to become an additional revenue stream. The article suggests that while profitability improved, the reliance on tax credits and flat volume growth raise questions about sustained future performance without project completion.
Rex American Resources Inc. has reported significant progress in its Illinois plant expansion project and its efforts to secure Class VI permits. The company's Q2 2026 earnings call highlighted these developments, indicating advances in their carbon capture and storage initiatives. This expansion is crucial for Rex's long-term operational and environmental goals.
Legal & General Group Plc recently acquired 63,833 shares of REX American Resources, valued at approximately $2.88 million, increasing institutional ownership to 88.12%. REX American Resources reported strong quarterly earnings of $1.06 per share, surpassing estimates, despite revenue falling short. Analysts maintain a "Buy" rating on the stock, which currently trades at $41.51, although insiders have sold a significant number of shares recently.
Jupiter Topco LLC recently acquired a new position of 49,840 shares in REX American Resources Corporation (NYSE:REX) valued at approximately $2.25 million. This purchase makes Jupiter Topco LLC one of several institutional investors increasing their stake in the energy company, which reported record fiscal second-quarter earnings of $1.06 per share, significantly beating analyst expectations. Despite a revenue miss, the company's strong EPS and growth plans for its One Earth facility highlight improved profitability and future potential.
REX American Resources Corporation (NYSE: REX) announced its fiscal second quarter 2026 financial results, reporting increased net sales and revenue of $168.5 million, up from $158.6 million in Q2 2025, driven by improved pricing and production tax credits. The company's net income attributable to shareholders rose significantly to $34.9 million, or $1.06 diluted EPS, compared to $7.1 million, or $0.22 diluted EPS, in the prior year. Despite these positive financial results, REX shares opened down 14 cents to $41.86.
REX American Resources (NYSE:REX) announced quarterly earnings of $1.06 per share, significantly surpassing the consensus estimate of $0.42. The company demonstrated strong financial performance with a 14.30% net margin and a 13.67% return on equity. Despite a recent analyst downgrade, the stock maintains an overall "Buy" rating, with institutional investors holding a substantial 88.12% stake.
REX American Resources Corp. (REX) reported earnings of $34.9 million in its fiscal second quarter, translating to $1.06 per share. The Dayton, Ohio-based ethanol producer also announced revenue of $168.5 million for the same period. This data was generated by Automated Insights using information from Zacks Investment Research.
Empowered Funds LLC has acquired a new stake of 133,235 shares in REX American Resources Corporation (NYSE:REX) during the second quarter, valued at approximately $6.0 million. This investment represents a 0.40% ownership in the company, which also saw other institutional investors initiating positions, bringing the total institutional ownership to 88.12%. Despite insider sales totaling $4.64 million in the last three months and a recent downgrade from Weiss Ratings, analysts maintain an overall "Buy" rating for REX American Resources.