Tag: PEIX

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

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

February 6, 2014 |

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, […]

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

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

December 25, 2013 |

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 […]

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

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

October 9, 2012 |

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 […]

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Biofuels Digest Index soars to 63.73 as ethanol stocks surge

Biofuels Digest Index soars to 63.73 as ethanol stocks surge

September 10, 2012 |

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 […]

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Biofuels Digest Index edges down to 70.56 despite ethanol surge

Biofuels Digest Index edges down to 70.56 despite ethanol surge

April 23, 2012 |

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 […]

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

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

March 20, 2012 |

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.

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Pacific Ethanol revenues, operating income up sharply in Q4 2011

Pacific Ethanol revenues, operating income up sharply in Q4 2011

February 28, 2012 |

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 […]

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Biofuels Digest Index edges up to 74.90 as ethanol jumps

Biofuels Digest Index edges up to 74.90 as ethanol jumps

February 28, 2012 |

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 […]

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Biofuels Digest Index advances to 74.82 as ethanol soars

Biofuels Digest Index advances to 74.82 as ethanol soars

February 27, 2012 |

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 […]

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Biofuels Digest Index slips to 70.41 as ethanol wanes

Biofuels Digest Index slips to 70.41 as ethanol wanes

January 9, 2012 |

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 […]

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