Insider Trading Alert: Renewable Energy Group, Inc. $REGI

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Renewable Energy Group, Inc. (REGI) insider have most recently took part in a trading activity. On Dec 15, 2017 Harding Peter John Martin, Director bought 5,000 shares having total worth of $55,700 at the price of $11.14 per share, following the transaction a total of 68,536 shares owned by Harding Peter John Martin.

Furthermore, over the past 12 months , the stock was traded 3 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Shares of Renewable Energy Group, Inc. (REGI) traded up 4.13% on Dec 15, 2017, hitting $11.35. 674,898 shares of the company’s stock traded hands. Renewable Energy Group, Inc. has a 52 week low of $7.97 and a 52 week high of $13.4. The company’s market cap is $312 million.

Renewable Energy Group, Inc. (REGI) last announced its earnings results on Nov 7, 2017. The company reported -0.29 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.34 by $0.05. The company had revenue of $627 million for the quarter, compared to the consensus estimate of $514 million. During the same quarter in the previous year, the company posted 0.59 earnings per share. The company’s revenue for the quarter was up 0% on a year-over-year basis.

2017-11-07 2017-08-03 2017-05-04 2017-03-07 2016-11-02 2016-08-04 2016-05-03 2016-03-08 2015-11-03 2015-08-04
earnings per share -0.29 -0.06 -0.41 0.55 0.59 0.16 0.04 1.81 -0.48 -0.05
Revenue(M) 626.98 535.1 418.89 560.42 624.64 558.3 305.59 387.81 394.86 373.76

Renewable Energy Group, Inc., was formed under the laws of the State of Delaware in August 2006 upon acquiring the assets and operations of the biodiesel division of West Central and two of West Central’s affiliated companies, InterWest, L.C. and REG, LLC. The company was incorporated in Delaware in April 2009. It is the largest producer of biodiesel in the United States. It is in developing the United States biodiesel industry since its inception in 1996. It owns biodiesel production facilities with nameplate capacities consisting of: a 12 mmgy facility in Ralston, Iowa, a 35 mmgy facility near Houston, Texas, or the Houston facility, a 45 mmgy facility in Danville, Illinois and a 30 mmgy facility in Newton, Iowa. As part of acquisition strategy, in April 2010, it signed a seven year lease for a 60 mmgy facility in Seneca, Illinois, and on July 11, 2011 it completed acquisition of SoyMor Biodiesel, LLC’s, or SoyMor, 30 mmgy biodiesel production facility in Albert Lea, Minnesota, bringing total nameplate production capacity to 212 mmgy. The company markets and distributes biodiesel throughout the country to all segments of the petroleum-based distillate fuel supply chain. In 2010, it sold approximately 68 million gallons of biodiesel, representing approximately 22% of United States biodiesel production. Its strategy is to optimize and grow core biodiesel business, to diversify into renewable chemicals and additional advanced biofuels, and to expand internationally. The company has led the consolidation of the United States biodiesel industry. It operates six biodiesel plants, with an aggregate nameplate production capacity of 212 million gallons per year, or mmgy, consisting of five wholly-owned facilities and one leased facility. The company has acquired four of its six facilities since February 2010. Its scale allows to quickly transfers practices at one of its facilities to the others to maximize production volumes and cost efficiencies. The company’s fully integrated approach, which includes acquiring feedstock, managing biorefinery facility construction and upgrades, operating biorefineries and marketing renewable products, strongly positions to capitalize on growing demand for biodiesel, renewable chemicals and other advanced biofuels. The company primarily produces biodiesel from a wide variety of lower cost feedstocks, including inedible animal fat, used cooking oil and inedible corn oil. It believes that its ability to process these feedstocks provides with a cost advantage over many biodiesel producers, particularly those that rely on higher cost virgin vegetable oils, such as soybean oil. The company derives revenues from two reportable business segments: Biodiesel and Services.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.