Tag: PEIX

Bring Out Your Dead! As renewable equities soar, integrated oilcos sputter

What’s going on – aren’t biofuels supposed to be dead, and fracking changing everything forever in oil & gas? Yet, tough times for growth at the public oil companies, while bellwether renewable fuel equities are on the rise. Why aren’t results tracking the hype? It’s earnings season — time to look away from the pundits, […]

February 6, 2014 More

Industrial Biotech’s 2013 Santa Claus Rally: What happened?

Santa Claus rallies typically occur between Christmas and New Year’s. But industrial biotech’s rally came early this year. Who is up, and why? The Digest investigates. If you’ve been following The Digest’s Equity Index in recent weeks, you’ll note that it has rallied just on 8 percent in the past two weeks, after hitting a […]

December 25, 2013 More

Why are first-gen biofuels companies having so much trouble making money?

Yesterday, Renewable Energy Group, the leading US biodiesel producer, announced unexpectedly that it now expects to report Adjusted EBITDA ranging from a loss of $2 million to a loss of $7 million. The company’s prior guidance for Adjusted EBITDA was a gain of $10 million to $15 million. The company expects to report gallons of […]

October 9, 2012 More

Biofuels Digest Index soars to 63.73 as ethanol stocks surge

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, soared 2.94 percent to 63.73 as ethanol stocks surged. For the day, Biofuel Energy (BIOF) rocketed up 57.00 percent to $4.71, while Pacific Ethanol (PEIX) leaped 14.29 percent to $0.40. Among other equities, Codexis (CDXS) escalated 9.02 percent to $2.66. Overall, advances led declines […]

September 10, 2012 More

Biofuels Digest Index edges down to 70.56 despite ethanol surge

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged down 0.25 percent to 70.56 despite strong ethanol gains.  For the day, Pacific Ethanol (PEIX) soared 20.00 percent to $1.02, while Amyris (AMRS) plummeted 7.65 percent to $3.02. Among other equities, Syntroleum (SYNM) jumped 10.84 percent to $0.92.  Overall, advances led declines 8 […]

April 23, 2012 More

Pacific Ethanol issues 7.6M new shares to cover $8M capital raise

In California, Pacific Ethanol has issued 7.6 million shares of common stock at a price of $1.05 to the investors from 11 private equity funds who participated in an $8 million private offering in December. The deal at the time was based on a $1.5 per share strike price for five-year warrants.

March 20, 2012 More

Pacific Ethanol revenues, operating income up sharply in Q4 2011

In California, Pacific Ethanol reported annual revenues of $901.2 million and net income of $1.8 million, up from revenues of $328.3 million and net income of $71.0 million in 2010. Net income in 2010 included a non-cash gain from bankruptcy exit of $119.4 million. Adjusted EBITDA for 2011 was $5.3 million, an improvement from a […]

February 28, 2012 More

Biofuels Digest Index edges up to 74.90 as ethanol jumps

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.11 percent to 74.90 as ethanol jumped strongly again.  For the day, Amyris (AMRS) recovered 7.33 percent to $6.44,  while Pacific Ethanol (PEIX) soared 15.83 percent to $1.61. Among other equities, Biofuel Energy (BIOF) was up sharply, 7.59 percent to $0.85. Overall, advances […]

February 28, 2012 More

Biofuels Digest Index advances to 74.82 as ethanol soars

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.36 percent to 74.82 as ethanol soared.  For the day, BP slipped 0.59 percent to $46.99,  while Pacific Ethanol (PEIX) soared 27.52 percent to $1.39. Among other equities, Biofuel Energy (BIOF) was up sharply, 19.70 percent to $0.79 . Overall, advances led declines […]

February 27, 2012 More

Biofuels Digest Index slips to 70.41 as ethanol wanes

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.59 percent to 70.41 as ethanol slumped.  For the day, BP fell 0.38 percent to $44.08, while OriginOil (OOIL.OB) jumped 6.15 percent to $1.90.  Among other equities, Pacific Ethanol (PEIX) dropped 7.21 percent to $1.03. Overall, declines led advances 3 to 1 for […]

January 9, 2012 More