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    Adam Shepherd • Stephens Inc.

    Adam Shepherd is an Equity Research Associate at Stephens Inc., specializing in the Food and Agribusiness, Grocery/C-store, Restaurants, and Packaged Food & Beverage sectors. He joined Stephens in 2023, directly after graduating from Harvard University with a degree in Human Evolutionary Biology, and provides research support for coverage of key companies in these industries. While his role focuses on sector and company-level analysis, detailed public performance metrics or formal rankings are not available due to the early stage of his career. Adam is building foundational expertise and developing professional credentials typical for research associates, working closely with senior analysts as part of Stephens’ equity research team.

    Adam Shepherd's questions to Green Plains Inc (GPRE) leadership

    Adam Shepherd's questions to Green Plains Inc (GPRE) leadership • Q4 2024

    Question

    Adam Shepherd of Stephens Inc. asked for more detail on the incremental benefits of the updated GREET model and how it affects the company's long-term margin outlook.

    Answer

    Todd Becker, President and CEO, explained that the new GREET model provides even lower starting carbon intensity scores than anticipated, validating their projections and increasing confidence in achieving financial targets for carbon capture. While not changing formal guidance, he noted the math suggests higher potential returns and makes new projects like low-energy distillation viable at certain facilities.

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