11 Best Ethanol Stocks To Invest In Now

9. REX American Resources Corporation (NYSE:REX) 

Number of Hedge Fund Investors: 8

REX American Resources Corporation (NYSE:REX) is a leading ethanol producer and a pioneer in Carbon Capture and Sequestration (CCS) technology. The company’s core business revolves around the production of ethanol and related co-products, with a strategic focus on expanding its production capacity and advancing CCS projects to reduce carbon emissions.

REX American Resources Corporation (NYSE:REX) has been actively pursuing several key initiatives to enhance its ethanol production capabilities and drive long-term growth. One of the most significant projects is the expansion of the One Earth Energy ethanol production facility in Gibson City, Illinois. The company is on track to complete the expansion to 175 million gallons per year by the middle of 2025.  Once the expansion is complete and emission certification is achieved, REX American Resources Corporation (NYSE:REX) plans to further permit the facility to produce up to 200 million gallons per year.

In addition to the capacity expansion, REX American Resources Corporation (NYSE:REX) is making substantial progress on its carbon capture and compression (CCS) project at the One Earth Energy facility. The CCS project is designed to reduce carbon emissions from the ethanol production process. The carbon capture and compression portion of the project is substantially complete, and the company is awaiting the final approval of Class 6 injection wells from the Environmental Protection Agency (EPA), which is expected by July 2025.

The company is actively evaluating potential acquisitions of new ethanol plants and is open to exploring other business ventures that can benefit from its management expertise.