11 Best Small Cap Chemical Stocks to Buy According to Hedge Funds

Page 9 of 10

2. Green Plains Inc. (NASDAQ:GPRE)

Market Capitalization: $708.58 Million

Number of Hedge Fund Holders: 25

Green Plains Inc. (NASDAQ:GPRE) is a leading chemical and biorefining company that converts renewable crops into sustainable, low-carbon ingredients using advanced fermentation and agricultural technologies. The company is one of the largest ethanol producers in the US. It also produces valuable byproducts such as distillers grains and renewable corn oil. Green Plains Inc. (NASDAQ:GPRE) is focused on evolving into a comprehensive biorefinery platform, focusing on low-carbon biofuels and high-protein ingredients for animal feed.

In February 2024, Green Plains Inc. (NASDAQ:GPRE) began a strategic review process to explore ways to enhance shareholder value, including potential acquisitions and partnerships, divestitures, and mergers or sale. This proactive approach signals the company’s commitment to growth and adaptability in a changing market.

A key highlight for Green Plains Inc. (NASDAQ:GPRE) is its innovative Clean Sugar Technology (CST) facility, which started commissioning in the second quarter of 2024. This facility, located in Shenandoah, Iowa, is the world’s first commercial-scale CST operation and is expected to reduce carbon intensity by up to 40%. On October 28, 2024, Green Plains Inc. (NASDAQ:GPRE) announced that the facility successfully produced dextrose syrups with lower carbon footprints, catering to the growing demand for sustainable ingredients in various industries.

Financially, Green Plains Inc. (NASDAQ:GPRE) reported strong performance in Q3 2024, achieving a plant utilization rate of 97% and record high ethanol and Ultra-High Protein yields for the quarter, along with record renewable corn oil production. The company posted a net income of $48.2 million, or $0.69 per diluted share, compared to $22.3 million or $0.35 per share in the same quarter last year. With its focus on sustainability, innovative technologies, and strong financial results, Green Plains Inc. (NASDAQ:GPRE) presents a compelling investment opportunity in the chemical sector.

Page 9 of 10