Sign in

    Green Plains Inc (GPRE)

    You might also like

    Business Description

    Green Plains Inc. (GPRE) is a leading biorefining company focused on producing sustainable, value-added ingredients and renewable energy. The company operates across multiple segments, primarily producing ethanol, distillers grains, Ultra-High Protein, and renewable corn oil. GPRE also engages in grain handling, storage, and commodity marketing, providing comprehensive solutions in the renewable energy sector.

    1. Ethanol Production - Produces ethanol, distillers grains, Ultra-High Protein, and renewable corn oil, operating 10 ethanol plants across several states in the U.S..

      • Sub-products:
        • Ethanol - A renewable fuel produced from corn.
        • Distillers Grains and Ultra-High Protein - Used as animal feed ingredients.
        • Renewable Corn Oil - A low-carbon feedstock for biodiesel and renewable diesel.

    2. Agribusiness and Energy Services - Manages grain procurement, storage, and marketing, and engages in merchant trading of ethanol, distillers grains, renewable corn oil, and other commodities.

    3. Partnership (Fuel Storage and Transportation) - Provides fuel storage and transportation services, owning and operating ethanol storage tanks, terminals, and transportation assets.

    Key Metrics

    View all financials →

    Executive Team

    NamePositionStart DateShort Bio
    Todd A. BeckerPresident and Chief Executive OfficerJanuary 2009Todd A. Becker has served as the President and CEO since January 2009. He has approximately 36 years of experience in commodity processing, risk management, and supply chain management.
    James E. StarkChief Financial OfficerOctober 2022James E. Stark has served as the CFO since October 2022. He rejoined GPRE in January 2022 after working at Darling Ingredients Inc. He has over 30 years of senior management experience.
    Grant D. KadavyExecutive Vice President - Commercial OperationsOctober 2022Grant D. Kadavy has served as EVP - Commercial Operations since October 2022. He oversees all commercial activities and has held executive roles at Darigold and Cargill.
    Michelle S. MapesChief Legal and Administration Officer and Corporate SecretaryJanuary 2018Michelle S. Mapes has served as Chief Legal and Administration Officer and Corporate Secretary since January 2018. She previously held roles as EVP - General Counsel and Corporate Secretary.
    G. Patrich Simpkins Jr.Chief Transformation OfficerOctober 2022G. Patrich Simpkins Jr. has served as Chief Transformation Officer since October 2022. He joined GPRE in May 2012 and has held various leadership roles, including CFO and Chief Development Officer.
    James F. Herbert IIChief Human Resources OfficerOctober 2022James F. Herbert II was appointed as Chief Human Resources Officer in October 2022. Before joining GPRE, he served as VP of Finance and Operations for Capstone IT and held HR leadership roles at Union Pacific Railroad.
    Leslie van der MeulenExecutive Vice President – Product Marketing and InnovationMay 2021Leslie van der Meulen has served as EVP – Product Marketing and Innovation since May 2021. He is responsible for Optimal Aquafeed and has over 20 years of experience in global marketing and sales.
    Chris G. OsowskiExecutive Vice President – Operations and TechnologyJanuary 2022Chris G. Osowski has served as EVP – Operations and Technology since January 2022. He leads the operations organization and has held senior-level positions at ADM and Tate & Lyle.

    Questions to Ask Management

    1. Given that margins for your protein products are being compressed due to the influx of cheap competing products , how do you plan to sustain profitability in this segment, and what specific steps are you taking to differentiate your offerings in an increasingly competitive market?

    2. With the delays and challenges faced in scaling up your Clean Sugar Technology at Shenandoah , what assurances can you provide investors about the timeline and returns on this significant investment, and how will you mitigate risks in deploying this technology at additional facilities?

    3. Considering your increased capital expenditures, including the $9 million allocated to the clean sugar initiative and the $110 million needed for carbon capture equipment , how are you prioritizing these investments, and what financial metrics are you using to ensure they generate adequate returns given your current liquidity position ?

    4. Your ethanol margins have been under pressure due to market volatility and compression late in the quarter. In light of these uncertainties, are you contemplating adjustments to your production strategies, and is there a possibility that you might idle or reduce production at certain facilities if margins do not improve?

    5. With the decision not to proceed with the Blue Blade Energy catalyst and a shift away from building an alcohol-to-jet plant , how does this impact your long-term strategic goals in renewable fuels, and what alternative growth opportunities are you pursuing to compensate for this change in direction?

    Share Repurchase Program

    Program DetailsProgram 1
    Approval DateAugust 2014, October 2019
    End Date/DurationNo specific end date
    Total additional amount$200 million
    Remaining authorization$107.2 million
    DetailsThe program may be suspended, modified, or discontinued at any time without prior notice.