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 […]
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 […]
In the world of finance, analyst John Udovich indicated concerns that the risk associated with small-cap stocks for Gevo, BioFuel Energy Corp. and Solazyme makes the stock undesirable. He indicated that while Gevo has been trending upwards lately, the company is still down about 50% over the past year. BioFuel Energy Corp. has also been […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 2.31 percent to 70.66 as equities were hit globally when US deficit talks failed. For the day, Archer Daniels Midland (ADM) fell 2.31 percent to $28.29, while Biofuel Energy (BIOF) was slashed 20.41 percent to $0.78. Among other equities, Gevo (GEVO) plunged 10.40 […]
In Minnesota, Cargill Biofuels Investments has sold yet another 1.2 million shares of its 10% stake in Biofuel Energy Corp. This follows a sale of 1.1 million shares only last week. These sales follow a fivefold surge in the price of the stock over the last two weeks and a steady flow of insider selling […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.62 percent to 74.29 as ethanol soared. For the day, Archer Daniels Midland (ADM) fell 0.47 percent to $29.64, while Pacific Ethanol (PEIX) soared another 31.68 percent to $1.33. Among other equities, Biofuel Energy (BIOF) jumped 41.67 percent to $0.85. Overall, advances led […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.80 percent to 74.05 despite traction on Solazyme and Biofuel Energy. For the day, Archer Daniels Midland (ADM) dropped 1.09 percent to $29.05, while Biofuel Energy (BIOF) rocketed up another 15.38 percent to $0.60. Among other equities, Solazyme (SZYM) soared 6.79 percent to […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.10 percent to 74.65 as ethanol soared. For the day, Archer Daniels Midland (ADM) jumped 2.91 percent to $29.37, while Biofuel Energy (BIOF) soared 20.93 percent to $0.52. Among other equities, Pacific Ethanol (PEIX) rocketed up 33.96 percent to $0.71. Overall, advances led […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 3.04 percent to 75.43 as Greek debt concerns continued to weigh on the markets. For the day, Archer Daniels Midland (ADM) plunged 4.15 percent to $27.74, while Biofuel Energy (BIOF) fell 13.73 percent to $0.44. Among other equities, Bluefire Renewables (BFRE) soared 35.00 […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.33 percent to 78.64 on profit-taking following a strong week for equities. For the day, Archer Daniels Midland (ADM) gained 1.30 percent to $30.34, while Biofuel Energy (BIOF) soared 52.00 percent to $0.38. Among other equities, Syntroleum (SYNM) fell 5.49 percent to $0.86. […]
