And the positive story continues.. PEIX reported earnings after the close today.. Record Q4 earnings http://finance.yahoo.com/news/pacific-ethanol-inc-reports-record-210500230.html Neil Koehler, the company's president and CEO, stated: "Our fourth quarter 2013 results cap-off a year of record financial performance and significant progress for Pacific Ethanol. During 2013, we diversified our feedstock with sorghum and beet sugar, we added new revenue streams with corn oil separation, and we continued to drive cost efficiencies at the plants. These efforts, in combination with a better market environment for ethanol, translated into significant improvements in revenue, margins and Adjusted EBITDA on a year-over-year basis. In light of this progress, we plan to restart operations at our Madera, California ethanol facility in the second quarter of 2014." Here is the release that they intend to restart the last of their shuttered plants.. http://finance.yahoo.com/news/pacific-ethanol-restart-plant-madera-211909976.html So we've just witnessed a very strong quarter all the way around for ethanol.. very good to see. "Not a solicitation to trade.. people can and do lose $$$ trading.. blah blah blah.." |