PEIX News and Press, Pacific Ethanol Inc. From 04/30/20

The share prices of ethanol producers have staged an impressive recovery over the last three weeks. While companies such as The Andersons ( ANDE ), Green Plains, Inc. ( GPRE ), Pacific Ethanol ( PEIX ), and REX American Resources ( REX ) have all been lifted by the market, the share ...

SACRAMENTO, Calif., April 16, 2020 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ: PEIX) , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced today it has closed on its agreement to sell its 74% ownership inter...

The governors of five states have asked the Trump administration for a nationwide waiver exempting the oil refining industry from U.S. biofuel laws to help it survive the current demand meltdown, Reuters reports. More news on: Valero Energy Corporation, Marathon Petroleum Corporation, Ph...

Overview of Investment Thesis REX American Resources (REX) is a best-in-class ethanol producer in an oft-misunderstood sector. Furthermore, the company's unorthodox operations relative to its peers complicate its financial analysis. That said, delving into the details of its operating si...

Ethanol producers continued to face extreme headwinds last week as ethanol prices continued their march downward, sliding another 11% between Monday and Friday. To put matters in perspective, Friday's price of $0.71/gallon was just over 50% below the lowest price recorded during the depths o...

The U.S. 10th Circuit Court of Appeals yesterday rejected a request for a rehearing from oil refiners HollyFrontier (NYSE: HFC ) and CVR Energy (NYSE: CVI ) seeking to challenge the court's January ruling that the Environmental Protection Agency had issued biofuel waivers inappropriat...

The operating environment for corn ethanol producers is fast becoming catastrophic. 90% of Americans now find themselves under "stay-at-home" orders from their local governments. Many of the remaining 10% are likewise engaged in strict social distancing measures in accordance with White Hou...

New data from the U.S. Energy Information Administration [EIA] confirms what the markets have been predicting for weeks: U.S. gasoline demand is in free-fall as Americans respond to the COVID-19 pandemic by remaining at home. Weekly consumption first began to decline for the period ending Ma...

The U.S. biofuel industry has asked the Trump administration for funds from the U.S. Department of Agriculture's Commodity Credit Corporation to help it survive a demand slump triggered by the coronavirus outbreak, Reuters reports. More news on: Green Plains Inc., Green Plains Partners L...

U.S. ethanol producer Pacific Ethanol's ( PEIX ) lengthy journey into an eventual restructuring came to a head last week when the company announced that it has "engaged a Chief Restructuring Officer on a consulting basis." The announcement, which was made as part of the company's Q4 earnin...