Streetbeat News

GPP

Green Plains Partners LP

http://www.greenplainspartners.com/

Employees

Industry

All Other Basic Organic Chemical Manufacturing

green plains partners lp provides fuel storage and transportation services in the united states. it acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. the company owns or leases 32 ethanol storage facilities and approximately 49 acres of land; and 7 fuel terminals in alabama, arkansas, louisiana, mississippi, kentucky, and oklahoma. it also owns and operates fleet of 19 trucks and tankers for transportation of ethanol and other products. green plains holdings llc serves as the general partner of the company. the company was founded in 2015 and is headquartered in omaha, nebraska. green plains partners lp is a subsidiary of green plains inc.

Open

12.49

Mkt cap

286M

Volume

257K

High

12.57

P/E Ratio

7.60

52-wk high

16.25

Low

12.16

Div yield

N/A

52-wk low

11.72

Green Plains Inc. and Green Plains Partners have received unitholder approval for their merger. The completion of the merger is subject to customary closing conditions and is expected to finalize on January 9, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 12:27 pm

CrossAmerica Partners (NYSE:CAPL) is distributing a dividend of $0.53 per share with an annualized yield of 9.60%, payable to shareholders who held the stock before November 2, 2023. The company has maintained a stable dividend per share of $2.10 from 2019 to 2022 and has shown positive earnings growth, with earnings per share increasing from $0.60 to $1.51 over the same period. Green Plains Partners (NASDAQ:GPP) has the highest annualized dividend yield in the industry at 13.98%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:05 pm

Green Plains Partners (NASDAQ:GPP) is distributing a dividend of $0.46 per share with an annualized yield of 12.75%. The company has seen a decrease in both dividend per share and earnings per share from 2019 to 2022, indicating potential financial difficulties and impacting its ability to sustain dividends. USD Partners (NYSE:USDP) leads the industry with a 133.51% annualized dividend yield.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:05 pm

Green Plains Partners (NASDAQ:GPP) reported Q3 earnings of $0.40 per share, a decrease of 6.98% YoY. The company also reported sales of $20.14 million, a slight increase of 0.39% YoY.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 11:02 am

The article lists four energy stocks that are considered oversold and may present buying opportunities. These include Recon Technology (RCON), Camber Energy (CEI), Green Plains Inc. (GPRE), and FLEX LNG Ltd. (FLNG). All these stocks have an RSI value below 30, indicating they may be undervalued.

Portfolio Pulse from Lisa Levin

October 04, 2023 | 11:20 am

Several stocks experienced significant movement in Monday's mid-day session. Notably, Nikola Corporation's shares rose by 33% following the appointment of a new chief operating officer. Other gainers included SCWorx Corp., Avinger, Inc., SeqLL Inc., and Perspective Therapeutics, Inc. On the other hand, stocks such as Earlyworks Co., Ltd, STRATA Skin Sciences, Inc., AERWINS Technologies Inc., and MSP Recovery, Inc. saw a dip in their share prices.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 5:25 pm

Green Plains Partners LP (GPP) and Green Plains Inc. (GPRE) have entered a definitive merger agreement. The transaction, expected to close in 4Q23, will see GPP become a wholly-owned subsidiary of GPRE. The deal offers a 20% premium over the closing price of GPP's common units as of May 3, 2023. The merger aims to simplify the corporate structure, boost earnings, and align strategic interests.

Portfolio Pulse from Akanksha Bakshi

September 18, 2023 | 2:10 pm

Green Plains Partners LP and Green Plains Inc. have announced a definitive merger agreement, leading to a rise in Green Plains Partners LP's shares.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:06 pm

Trading of shares for Green Plains Partners LP has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:01 pm

Trading of Green Plains Partners (GPP) units is set to resume at 9:00 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:35 pm

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