REX American Resources Corporation (REX)
Frequently Asked Questions About REX American Resources Corporation (REX)
Does REX American Resources Corporation have any partnerships?
Yes, REX American Resources Corporation often enters into partnerships with other entities, including agricultural suppliers, energy companies, and research institutions. These partnerships enhance its operational capabilities and foster innovation in renewable energy projects.
How does REX American Resources Corporation engage with the community?
REX American Resources Corporation engages with the community through various initiatives, including educational programs, sponsorships, and partnerships with local organizations. The company aims to promote awareness about renewable energy and contribute positively to the communities where it operates.
How does REX American Resources Corporation ensure product quality?
REX American Resources Corporation ensures product quality through rigorous quality control processes that monitor every stage of ethanol production. The company adheres to industry standards and regulatory requirements to deliver high-quality renewable fuel products.
How does REX American Resources Corporation handle risk management?
REX American Resources Corporation employs a comprehensive risk management strategy that includes monitoring market conditions, diversifying its production facilities, and using financial instruments to hedge against price volatility in corn, ethanol, and energy markets.
How does REX American Resources Corporation support sustainability?
REX American Resources Corporation supports sustainability by focusing on renewable energy production through ethanol manufacturing, which reduces greenhouse gas emissions compared to fossil fuels. The company also emphasizes responsible sourcing and efficient production processes.
Is REX American Resources Corporation a publicly traded company?
Yes, REX American Resources Corporation is publicly traded on the New York Stock Exchange under the ticker symbol 'REX'. The company has been listed for many years, giving investors the opportunity to buy and sell shares in the market.
What are the company’s growth strategies?
The growth strategies of REX American Resources Corporation include expanding its ethanol production capacity, exploring new markets, increasing operational efficiencies, and investing in emerging renewable technologies to capitalize on the growing demand for clean energy.
What are the main products offered by REX American Resources Corporation?
The primary products offered by REX American Resources Corporation include ethanol and its by-products, such as distillers grains and corn oil. Ethanol is used as a blend with gasoline, while by-products can be utilized as animal feed and other applications.
What challenges does REX American Resources Corporation face?
REX American Resources Corporation faces several challenges, including fluctuating corn prices, regulatory changes in energy policies, competition in the ethanol market, and the ongoing need for innovation to adapt to changing customer demands and technologies.
What does REX American Resources Corporation do?
REX American Resources Corporation is primarily engaged in the production and sale of ethanol, a renewable fuel derived from corn and other plant materials. The company also invests in various renewable energy projects and operates through several subsidiaries that focus on the production of ethanol and related co-products.
What is REX American Resources Corporation's vision for the future?
REX American Resources Corporation's vision for the future involves leading advancements in renewable energy production, expanding its market share in the ethanol space, and continuing to invest in sustainable practices that contribute to a cleaner environment and energy independence.
What is REX American Resources Corporation’s approach to innovation?
REX American Resources Corporation emphasizes innovation by investing in technology and research to improve ethanol production efficiency and the development of new energy-related products. The company seeks to stay ahead in the rapidly changing renewable energy landscape.
What is the financial performance of REX American Resources Corporation?
REX American Resources Corporation has shown stable financial performance over the years, with fluctuations tied to market conditions and corn prices. The company regularly reports its earnings and financial health through its quarterly and annual reports filed with the SEC.
What is the mission statement of REX American Resources Corporation?
The mission of REX American Resources Corporation is to produce and market renewable energy products while maintaining a commitment to sustainability, innovation, and community engagement. The company aims to contribute positively to the environment and the economy.
What role does REX American Resources Corporation play in the renewable energy sector?
REX American Resources Corporation plays a significant role in the renewable energy sector as a producer of ethanol, which is a vital component of reducing reliance on fossil fuels. The company's operations contribute to energy diversification and help advance sustainable energy practices.
When was REX American Resources Corporation founded?
REX American Resources Corporation was founded in 1980. Originally established to respond to changes in the energy market, it has evolved to focus on renewable energy, especially in the production of ethanol.
Where is REX American Resources Corporation headquartered?
REX American Resources Corporation is headquartered in Dayton, Ohio. This location serves as the central hub for managing its operations and strategic initiatives within the renewable energy industry.
Who are the major competitors of REX American Resources Corporation?
Major competitors of REX American Resources Corporation include other ethanol producers like POET, Archer Daniels Midland Company, and Green Plains Inc. These companies also focus on renewable energy and participate in similar markets.
What is the current price of REX American Resources Corporation?
The current price of REX American Resources Corporation is 38.31
When was REX American Resources Corporation last traded?
The last trade of REX American Resources Corporation was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of REX American Resources Corporation?
The market capitalization of REX American Resources Corporation is 228.75M
How many shares of REX American Resources Corporation are outstanding?
REX American Resources Corporation has 5.97M shares outstanding.