Granite Falls Energy, LLC

GFGY

US3873661074

Renewable Fuels

Market Closed - OTC Markets Other stock markets 03:22:09 2024-02-16 pm EST			5-day change	1st Jan Change
3,400 ^USD	-2.86%		-.--%	-2.86%

2022	Declaration of Voting Results by Granite Falls Energy	CI
2022	Glacial Lakes Energy Opposes Proposed Amendments to Granite Falls Energy Operating Agreement	CI

Granite Falls Energy, Llc Reports Earnings Results for the Third Quarter Ended July 31, 2021

September 14, 2021 at 12:04 pm EDT

Granite Falls Energy, LLC announced earnings results for the third quarter ended July 31, 2021. For the third quarter, the company announced sales was USD 89.258 million compared to USD 34.131 million a year ago. Operating income was USD 7.965 million compared to operating loss of USD 1.778 million a year ago. Net income was USD 6.583 million compared to USD 717,775 a year ago. Basic earnings per share from continuing operations was USD 215.1 compared to USD 23.45 a year ago. For the nine months, sales was USD 212.697 million compared to USD 120.594 million a year ago. Operating income was USD 9.552 million compared to operating loss of USD 18.950 million a year ago. Net income was USD 11.468 million compared to net loss of USD 12.666 million a year ago. Basic earnings per share from continuing operations was USD 374.71 compared to basic loss per share from continuing operations of USD 413.84 a year ago.

Latest news about Granite Falls Energy, LLC

Declaration of Voting Results by Granite Falls Energy	22-11-04	CI
Glacial Lakes Energy Opposes Proposed Amendments to Granite Falls Energy Operating Agreement	22-10-31	CI
Granite Falls Energy, LLC Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2022	22-09-14	CI
Granite Falls Energy, LLC Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2022	22-06-14	CI
Granite Falls Energy, LLC Reports Earnings Results for the First Quarter Ended January 31, 2022	22-03-17	CI
Granite Falls Energy, LLC Reports Earnings Results for the Full Year Ended October 31, 2021	22-01-31	CI
Granite Falls Energy, Llc Declares Cash Distribution	21-12-27	CI
Granite Falls Energy, LLC Announces Amendment of Credit Facility	21-10-01	CI
Granite Falls Energy, LLC completed the acquisition of remaining 49.3% stake in Heron Lake BioEnergy, LLC (OTCPK:HLBY.L).	21-09-27	CI
Granite Falls Energy, Llc Reports Earnings Results for the Third Quarter Ended July 31, 2021	21-09-14	CI
Granite Falls Energy, Llc Reports Earnings Results for the Second Quarter Ended April 30, 2021	21-06-14	CI
Granite Falls Energy, LLC Announces Executive Changes, Effective May 26, 2021	21-05-25	CI
Granite Falls Energy, LLC Announces Appointment of David Forkrud as Governor	21-03-25	CI
Granite Falls Energy, LLC agreed to acquire the remaining 49.3% stake in Heron Lake BioEnergy, LLC (OTCPK:HLBY.L) for $14 million.	21-03-24	CI
Granite Falls Energy, LLC Plans to Terminate Steve Christensen as CEO on or Before December 31, 2021	21-02-22	CI
Granite Falls Energy, LLC Plans to Terminate Steve Christensen as CEO on or Before December 31, 2021	21-02-22	CI
Granite Falls Energy, Llc Reports Earnings Results for the Full Year Ended October 31, 2020	21-02-16	CI
Granite Falls Energy, Llc Reports Earnings Results for the Third Quarter Ended July 31, 2020	20-09-14	CI
Granite Falls Energy, Llc Reports Earnings Results for the Second Quarter Ended April 30, 2020	20-06-15	CI
Granite Falls Energy, Llc to Extend the Current Shutdown	20-04-27	CI
Granite Falls Energy, LLC Extends Current Shutdown of the Company’s Ethanol Production Operations	20-04-17	CI
Granite Falls Energy, LLC to Extend Regularly Scheduled Annual Temporary Shutdown	20-04-09	CI
Granite Falls Energy, Llc Reports Earnings Results for the First Quarter Ended January 31, 2020	20-03-16	CI
Granite Falls Energy, Llc Reports Earnings Results for the Full Year Ended October 31, 2019	20-01-29	CI
Granite Falls Energy, LLC Finalizes Amendment to its Ethanol Marketing Agreement with Eco-Energy LLC	19-10-01	CI

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Company Profile

Granite Falls Energy, LLC is engaged in the production and sale of ethanol and its co-products (wet, modified wet and dried distiller's grains, corn oil and corn syrup) locally and throughout the continental United States. The principal products from ethanol production at the Company's plant and its subsidiary, Heron Lake BioEnergy, LLC (HLBEs) plant are fuel-grade ethanol, distiller grains, and non-edible corn oil. In addition, HLBE's plant also includes corn syrup and natural gas pipeline operations. It also extracts non-edible crude corn oil. It sells distillers grains (DDGS) as animal feed for beef and dairy cattle, poultry and hogs. Its corn oil is primarily sold to diesel manufacturers and, to a lesser extent, feed lot and poultry markets. Its ethanol production operations are carried out at its ethanol plant located in Granite Falls, Minnesota, and at the ethanol plant operated by HLBE located near Heron Lake, Minnesota. It distributes its products through third party marketers.

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Renewable Fuels

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Sector Ethanol Fuels

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Ethanol Fuels