Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

HIGHWATER ETHANOL, LLC

(HEOL)
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

HIGHWATER ETHANOL LLC : Other Events (form 8-K)

03/23/2020 | 02:56pm EDT

Item 8.01 Other Events

Highwater Ethanol, LLC (the "Company") has decided to reduce its ethanol production rate at the plant by approximately 20% for the foreseeable future. The Company was operating at an average ethanol production rate of approximately 67 million gallons annually prior to making the decision to curtail production. The Company believes that this reduction is warranted due to current negative margins in the ethanol industry resulting in part from a slowdown in global and regional economic activity and decreased ethanol demand due to the COVID-19 pandemic. Limiting ethanol production is expected to result in a corresponding decrease in distillers grains and corn oil production. The Company will continue to monitor COVID-19 developments and the effect on fuel demand and terminal capacity in order to determine whether further adjustments to production will be necessary.

© Edgar Online, source Glimpses

All news about HIGHWATER ETHANOL, LLC
09/16HIGHWATER ETHANOL LLC : Regulation FD Disclosure, Financial Statements and Exhibits (form ..
AQ
09/10HIGHWATER ETHANOL LLC : Management's Discussion and Analysis of Financial Condition and Re..
AQ
09/10Highwater Ethanol, Llc Reports Earnings Results for the Third Quarter Ended July 31, 20..
CI
06/11HIGHWATER ETHANOL LLC : Management's Discussion and Analysis of Financial Condition and Re..
AQ
06/11Highwater Ethanol, Llc Reports Earnings Results for the Second Quarter Ended April 30, ..
CI
03/22HIGHWATER ETHANOL LLC : Entry into a Material Definitive Agreement, Financial Statements a..
AQ
03/12HIGHWATER ETHANOL LLC : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
03/10HIGHWATER ETHANOL LLC : Management's Discussion and Analysis of Financial Condition and Re..
AQ
02/26HIGHWATER ETHANOL LLC : Change in Directors or Principal Officers (form 8-K)
AQ
02/26Highwater Ethanol, LLC Appoints Gerald R. Forsythe to the Board
CI
More news
Financials (USD)
Sales 2020 97,3 M - -
Net income 2020 -6,37 M - -
Net Debt 2020 13,8 M - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 29,9 M 29,9 M -
EV / Sales 2019 0,49x
EV / Sales 2020 0,43x
Nbr of Employees 43
Free-Float 86,2%
Chart HIGHWATER ETHANOL, LLC
Duration : Period :
Highwater Ethanol, LLC Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Brian D. Kletscher Chief Executive Officer
Lucas G. Schneider Chief Financial Officer
David Gerald Moldan Chairman-Governors Member
Rachel Imker Head-Human Resources & Administration
Russell Jon Derickson Independent Member-Governors Board
Sector and Competitors
1st jan.Capi. (M$)
HIGHWATER ETHANOL, LLC6.84%30
VERBIO VEREINIGTE BIOENERGIE AG77.69%4 027
ITM POWER PLC-22.33%3 011
RENEWABLE ENERGY GROUP, INC.-32.73%2 454
NEL ASA-56.42%2 119
GREEN PLAINS INC.153.38%1 821