Jordan Levy

Pavel Molchanov

Peter Gastreich

Jarrod Edelen

Joichi Sakai

- REX American Resources reported **net income attributable to shareholders of $7.1 million, or $0.43 per diluted share**, for Q2 2025, compared to $12.4 million, or $0.70 per diluted share, in Q2 2024.  **[744187_tx_351181_1]**  Gross profit for the quarter was **$14.3 million**, down from $19.8 million in the prior year.  **[744187_tx_351181_1]** 
- The company has invested approximately **$126.7 million** in its carbon capture and ethanol expansion projects as of the end of Q2 2025, remaining within the revised combined budget range of **$220 million to $230 million**.  **[744187_tx_351181_1]**  The initial capacity expansion of the One Earth Energy facility to **175 million gallons** of annual ethanol production is expected to be fully operational in **2026**.  **[744187_tx_351181_1]**  The EPA estimates the Class VI injection well permit application for the carbon capture project will be finalized in **March 2026**.  **[744187_tx_351181_1]** 
- The Board of Directors authorized a **two-for-one stock split**, to be effected by a 100% stock dividend, for shareholders of record as of **September 8, 2025**.  **[744187_tx_351181_0]** 
- REX anticipates **better performance in the second half of 2025** compared to the first half, supported by favorable corn supply trends and steady demand, particularly from rising ethanol exports, which are expected to set a new record in 2025.  **[744187_tx_351181_2]**

REX AMERICAN RESOURCES (REX)