Cardinal Ethanol, LLC

CRDE

US14150E1082

Renewable Fuels

Market Closed - OTC Markets Other stock markets 12:22:08 2024-04-10 pm EDT			5-day change	1st Jan Change
20,000 ^USD	+2.56%		0.00%	+2.83%

Feb. 08	Cardinal Ethanol, LLC Reports Earnings Results for the First Quarter Ended December 31, 2023	CI
Jan. 31	Cardinal Ethanol, LLC completed the acquisition of Substantially all of the assets of Element, LLC.	CI

Cardinal Ethanol, LLC Reports Earnings Results for the First Quarter Ended December 31, 2023

February 08, 2024 at 03:00 pm EST

Cardinal Ethanol, LLC reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was USD 69.11 million compared to USD 134.95 million a year ago. Net income was USD 2.72 million compared to USD 15.91 million a year ago.

Basic earnings per share from continuing operations was USD 186 compared to USD 1,089 a year ago.

Latest news about Cardinal Ethanol, LLC

Cardinal Ethanol, LLC Reports Earnings Results for the First Quarter Ended December 31, 2023	Feb. 08	CI
Cardinal Ethanol, LLC completed the acquisition of Substantially all of the assets of Element, LLC.	Jan. 30	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Full Year Ended September 30, 2023	Nov. 30	CI
Cardinal Ethanol, LLC Declares Cash Distribution	Nov. 21	CI
Cardinal Ethanol, LLC entered into an Asset Purchase Agreement to acquire Substantially all of the assets of Element, LLC for $44 million.	23-10-23	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023	23-08-04	CI
Cardinal Ethanol, LLC Declares Cash Distribution, Payable by Early June 2023	23-05-17	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2023	23-05-11	CI
Cardinal Ethanol, LLC and First National Bank of Omaha Execute Nineteenth Amendment of First Amended and Restated Construction Loan Agreement	23-02-23	CI
Cardinal Ethanol, LLC Declares a Cash Distribution, Expects to Pay the Distribution by Early March, 2023	23-02-21	CI
Cardinal Ethanol, LLC Reports Earnings Results for the First Quarter Ended December 31, 2022	23-02-06	CI
Cardinal Ethanol, LLC and Vault 44.01 Ltd. Forms Joint Venture to Implement a Carbon Capture and Sequestration Project in Indiana	23-01-30	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Full Year Ended September 30, 2022	22-12-01	CI
Cardinal Ethanol, LLC Declares Cash Distribution	22-11-16	CI
Cardinal Ethanol, LLC Declares Cash Distribution	22-08-17	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022	22-08-04	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022	22-05-05	CI
Cardinal Ethanol, LLC Announces Departure of Daniel Sailer from Board of Directors	22-05-02	CI
Cardinal Ethanol, LLC Executes Eighteenth Amendment of First Amended and Restated Construction Loan Agreement	22-03-31	CI
Cardinal Ethanol, LLC Declares Cash Distribution	22-02-15	CI
Cardinal Ethanol, LLC Reports Earnings Results for the First Quarter Ended December 31, 2021	22-02-03	CI
Cardinal Ethanol, LLC Reports Earnings Results for the Full Year Ended September 30, 2021	21-11-19	CI
Cardinal Ethanol, LLC Declares A Cash Distribution, Payable by the Beginning of September 2021	21-08-23	CI
Cardinal Ethanol, Llc Reports Earnings Results for the Third Quarter Ended June 30, 2021	21-08-04	CI
Cardinal Ethanol, Llc Reports Earnings Results for the Second Quarter Ended March 31, 2021	21-05-05	CI

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Company Profile

Cardinal Ethanol, LLC and its subsidiaries is engaged in producing fuel-grade ethanol, distillers grains, corn oil and carbon dioxide near Union City, Indiana and sells these products throughout the continental United States. In addition, the Company procures, transports, and sells grain commodities through grain operations. Its divisions include ethanol and trading. Its ethanol division markets and sells ethanol and its co-products primarily in the continental United States using third party marketers. Its ethanol products are marketed by Murex, LLC and distillers grains are marketed by CHS, Inc. It markets and distributes all the corn oil it produces directly to end users and third-party brokers. The Company's trading division has a grain loading facility within its single site to buy, hold and sell inventories of agricultural grains, primarily soybeans. It performs no additional processing of these grains, unlike the corn inventory the Company holds and uses in ethanol production.

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