NYSEEnergyOil & Gas Refining & MarketingS&P SmallCap 600
$39.38
+0.20 (+0.51%)
Close of Nov 06, 2026 · end-of-day data
REX 8-K filings in 2024
Every material Form 8-K REX American Resources filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
REX American Resources reported fiscal third-quarter 2024 results for the three months ended October 31, 2024. Net income attributable to REX shareholders fell to $24.5 million from $26.1 million, and diluted earnings per share fell to $1.38 from $1.49, while net sales and revenue dropped to $174.9 million from $221.1 million, which the company attributed to lower ethanol and co-product pricing. Gross profit rose slightly to $39.7 million, and the company said it had $365.1 million in cash, cash equivalents and short-term investments with no bank debt.
Net sales and revenue were $174.9 million, down from $221.1 million a year earlier, mainly on reduced ethanol and co-product pricing.
Diluted EPS was $1.38 versus $1.49, and net income attributable to REX shareholders was $24.5 million versus $26.1 million.
Gross profit was $39.7 million, up from $39.3 million, reflecting lower corn and natural gas prices.
As of October 31, 2024, the company had $365.1 million in cash, cash equivalents and short-term investments and no bank debt.
REX American Resources reported fiscal second-quarter 2024 results for the three months ended July 31, 2024. Diluted earnings per share rose to $0.70 from $0.52 a year earlier, but net sales and revenue fell to $148.2 million from $212.0 million, mainly due to lower ethanol and co-product pricing. The company also said construction of its One Earth Energy carbon capture facility will run past its previously expected end-of-July completion timeframe.
Net income attributable to REX shareholders was $12.4 million, compared with $9.1 million a year earlier.
Net sales and revenue were $148.2 million, down from $212.0 million, and gross profit rose to $19.8 million from $18.4 million.
The company had $346.0 million of cash, cash equivalents and short-term investments and no bank debt as of July 31, 2024.
EPA projects a draft permit for the carbon capture project by the end of 2024, with a final permit decision in the second quarter of 2025.
REX American reported fiscal first quarter 2024 results for the three months ended April 30, 2024. Net sales and revenue fell to $161.2 million from $212.7 million, but net income attributable to REX common shareholders rose to $10.2 million, or $0.58 per diluted share, from $5.2 million, or $0.30 per share, a year earlier. The company also said it has secured rights of way for 100% of its planned carbon pipeline and expects construction of its carbon capture and compression facility to finish in July 2024.
Net sales and revenue were $161.2 million, down from $212.7 million a year earlier, which the company attributed mainly to reduced ethanol and co-product pricing.
Gross profit rose to $14.5 million from $10.2 million, reflecting lower corn and natural gas prices and higher production levels.
Diluted EPS attributable to REX common shareholders was $0.58, compared with $0.30 a year earlier.
As of April 30, 2024, REX had $351.8 million of cash, cash equivalents and short-term investments and no bank debt; capital expenditures on its carbon capture and ethanol expansion projects totaled $78.1 million through the quarter.
REX American Resources reported results for the three months ended January 31, 2024, and fiscal 2023. Net sales and revenue fell to $187.6 million in the quarter, while diluted net income per share more than doubled to $1.16 from $0.47, helped by lower corn and natural gas prices and higher production. For shareholders, profit rose sharply even as revenue declined, and the company reported $378.7 million in cash and short-term investments with no bank debt.
Q4 net sales and revenue were $187.6 million, compared with $200.2 million a year earlier.
Q4 diluted net income per share attributable to REX common shareholders was $1.16, compared with $0.47; net income attributable to REX shareholders was $20.6 million, compared with $8.2 million.
Fiscal 2023 diluted net income per share was $3.47, compared with $1.57, the second highest in company history.
As of January 31, 2024, REX had $378.7 million in cash and short-term investments and no bank debt; One Earth Energy carbon capture compression facility is expected to be completed in Q2 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every REX American Resources filing is on SEC EDGAR ↗. 8-K briefs of other companies →