Sign in

    David Driscoll • DD Research

    David Driscoll is Managing Director and Senior Research Analyst at DD Research, specializing in coverage of the airline and transportation sectors with in-depth focus on leading companies such as Air Canada, Delta Air Lines, United Airlines, and WestJet. Over his extensive career, Driscoll has consistently achieved high success rates and strong returns with his equity recommendations, placing him among the top transportation analysts on platforms such as TipRanks, where he has achieved success rates above 65% and notable annualized returns on stock picks. He began his career in financial analysis in the late 1990s, previously holding analyst positions at TD Securities and other prominent firms before founding DD Research in 2013. Holder of multiple Canadian securities licenses and registered with IIROC/FINRA, Driscoll is widely recognized for his rigorous, data-driven reports and frequent media commentary.

    David Driscoll's questions to Green Plains Inc (GPRE) leadership

    David Driscoll's questions to Green Plains Inc (GPRE) leadership • Q1 2025

    Question

    David Driscoll highlighted the need for clearer guidance and then asked about the significant decline in the cash balance from Q4 to Q1. He questioned the outlook for cash flow for the rest of the year and the company's financial stability. He also asked for management's view on the replacement cost of its asset base versus its market valuation.

    Answer

    Executive Phil Boggs attributed the Q1 cash decline to EBITDA losses, CapEx, and restructuring charges, but stated the company expects to be cash-flow positive starting in Q2. Michelle Mapes, Interim Principal Executive Officer, estimated the replacement cost for assets to be in the $2 to $3 per gallon range and noted the ongoing strategic review is aimed at maximizing this value. Chris Osowski, EVP of Operations, added that operational improvements have increased the value of their Delta-T plants, making them comparable to higher-valued ICM designs.

    Ask Fintool Equity Research AI