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. (GPRE) and Green Plains Partners LP (GPP) have announced a definitive merger agreement. GPRE will acquire all publicly held common units of GPP not already owned by GPRE and its affiliates in exchange for GPRE common stock and cash. The merger is expected to simplify GPRE's corporate structure, generate near-term earnings and cash flow, reduce SG&A expense related to GPP, and improve the credit quality of the combined enterprise. The transaction is expected to close in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:34 pm

Trading of Green Plains Partners LP (GPP) shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:26 pm

Green Plains Partners (NASDAQ:GPP) will distribute a dividend payout of $0.46 per share, equating to an annualized dividend yield of 13.11%. However, the company has seen a decrease in dividend per share from $1.90 in 2019 to $1.79 in 2022, and a decrease in earnings per share from $1.82 in 2019 to $1.73 in 2022. This could potentially impact their ability to continue distributing profits to investors.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:05 pm

Green Plains Partners (NASDAQ:GPP) reported Q2 earnings of $0.39 per share, a decrease of 11.36% YoY. However, the company's sales increased by 4.41% to $20.52 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:09 pm

Several companies are scheduled to report their earnings on August 4, 2023. These include WPP, Anglogold Ashanti, Petrobras Brasileiro, Creative Realities, United States Cellular, TransAlta, Precision BioSciences, Enbridge, Cinemark Hldgs, FuboTV, Plains GP Holdings, Frontier Communications, DigitalBridge Gr, Icahn Enterprises, Telephone and Data, TELUS, Barnes & Noble Education, Nikola, Plains All American, Dixie Gr, Sunstone Hotel Invts, Owens & Minor, Green Plains, Calumet Specialty Prods, Brookfield Renewable, GrafTech International, E W Scripps, Gray Television, Fisker, Fulgent Genetics, Rapid Micro Biosystems, Twist Bioscience, American Axle & Mfg Hldgs, Advantage Solutions, Amneal Pharmaceuticals, ACM Research, Interface, TELUS Intl, Genco Shipping & Trading, inTest, Proto Labs, Gates Industrial Corp, Fluor, PNM Resources, Corebridge Financial, Global Partners, AdvanSix, Magna International, Alpha Metallurgical, RBC Bearings, Cboe Global Markets, AMC Networks, Essent Group, Liberty Broadband, IES Hldgs, Liberty SiriusXM Gr, Liberty Formula One Group, Evergy, LyondellBasell Industries, XPO, PPL, Dominion Energy, Element Solutions, Tennant, Natural Resources, Rand Capital, Brookfield Bus Partners, Green Plains Partners, Marcus & Millichap, Atlanta Braves Holdings, Liberty TripAdvisor Hldgs, Qurate Retail, and Ideanomics.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:56 pm

Benzinga Insights has identified 5 value stocks in the energy sector based on low P/E multiples: HighPeak Energy (HPK), Green Plains Partners (GPP), Liberty Energy (LBRT), Teekay (TK), and Ovintiv (OVV). All companies have reported increased earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 2:39 pm

Benzinga Insights has identified five value stocks in the energy sector, including Green Plains Partners, Ranger Oil, EOG Resources, North European Oil, and Teekay Tankers. These stocks have low P/E multiples and have shown growth in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 2:39 pm

Stifel analyst Selman Akyol maintains a Hold rating on Green Plains Partners (NASDAQ:GPP) and lowers the price target from $15 to $14.5.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 2:22 pm

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