Tag: RTK

Rentech raises guidance on rising corn, low natural gas prices

Rentech raises guidance on rising corn, low natural gas prices

August 13, 2012 |

In California, Rentech reported consolidated net income of $.04 per share driven by strong fertilizer product prices, lower prices for natural gas, and reduced R&D expenses in the alternative energy segment. CEO Hunt Ramsbottom noted, “Rentech Nitrogen generated strong cash flow resulting in second quarter cash distributions of $1.17 per unit. Average prices for delivered […]

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Rentech announces big jump in operating income as low gas prices reduce costs

Rentech announces big jump in operating income as low gas prices reduce costs

March 19, 2012 |

In California, Rentech announced consolidated net income of $1.7 million or $0.01 per share for the three months ended December 31, 2011. During the three months ended December 31, 2011, Rentech Nitrogen generated operating income of $22.6 million as compared to $14.6 million during the comparable period in the prior year. Raymond James analyst Pavel […]

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Biofuels Digest Index jumps to 72.33 on broad renewables gain

Biofuels Digest Index jumps to 72.33 on broad renewables gain

January 19, 2012 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped to 72.33 in a broad gain across all biofuels sectors. For the day, BP rose 0.72 percent to $44.56, while Rentech (RTK) upped 5.52 percent to $1.53. Among other equities, Gevo (GEVO) gained 4.44 percent to $6.35. Overall, advances led declines 11 to […]

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Biofuels Digest Index slips to 73.24 as refining stocks dip

Biofuels Digest Index slips to 73.24 as refining stocks dip

December 7, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.11 percent to 73.24 as refining stocks dipped. For the day, Archer Daniels Midland (ADM) fell 1.20 to $29.60, while Solazyme (SZYM) recovered 0.39 percent to $12.99.  Among other equities, Rentech (RTK) gained 3.90 percent to $1.60. Overall, declines led advances 7 to […]

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Biofuels Digest Index advances to 72.33 on large cap surge

Biofuels Digest Index advances to 72.33 on large cap surge

November 21, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged up 0.32 percent to 72.33 as large caps recovered. For the day, Archer Daniels Midland (ADM) gained 0.66 percent to $28.90, while Biox (BX.TO) soared 13.68 percent to $1.08.  Among other equities, Rentech (RTK) surged 4.43 percent to $1.65. Overall, advances led declines […]

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Biofuels Digest Index rebounds to 64.82 as renewable diesel picks up

Biofuels Digest Index rebounds to 64.82 as renewable diesel picks up

October 5, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rebounded 1.42 percent to 64.82 as renewable diesel jumped. For the day, Archer Daniels Midland (ADM) recovered 1.86 percent to $24.61, while The Andersons (ANDE) rose 4.69 percent to 32.12. Among other equities, Rentech jumped 10.67 percent to $0.83. Overall, advances led declines 3 […]

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Rentech to spin-off nitrogen fertilizer business

Rentech to spin-off nitrogen fertilizer business

August 8, 2011 |

In California, Rentech Nitrogen Partners filed a registration statement with the US. Securities and Exchange Commission in connection with a proposed initial public offering of its common units representing limited partner interests.  An application will be made to list the common units on the New York Stock Exchange under the symbol “RNF.”   Rentech Nitrogen […]

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Biofuels Digest Index advances to 92.70 as Solazyme, Rentech soar

Biofuels Digest Index advances to 92.70 as Solazyme, Rentech soar

June 1, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.70 percent to 92.70 as Solazyme (SZYM) and Rentech led an advanced biofuels rally. For the day, Archer Daniels Midland (ADM) advanced 0.62 percent to $32.41, while Solazyme (SZYM) soared another 8.79 percent to $22.53 on its second day of trading. Among other […]

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Biofuels Digest Index rebounds to 88.31 despite advanced biofuels slide

Biofuels Digest Index rebounds to 88.31 despite advanced biofuels slide

[ 0 ] May 19, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rebounded 1.08 percent to 88.31 despite an advanced biofuels retreat. For the day, Archer Daniels Midland (ADM) slipped 0.16 percent to $31.76, while Aventine Renewables (AVRW) regained 6.00 percent to $15.90. Among other equities, Rentech (RTK) was up 12.22 percent to $1.01 after closing […]

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Earnings season: Rentech improves, Aventine down

Earnings season: Rentech improves, Aventine down

[ 0 ] May 11, 2011 |

In California, Rentech (RTK) announced substantially improved results for the second quarter of fiscal year 2011 over the second quarter of fiscal year 2010 and reiterated guidance for the 2011 fiscal year. For the second quarter of fiscal year 2011, Rentech reported revenue of $23.6 million, up from $19.2 million for the comparable quarter in […]

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