12 Best Ethanol Stocks to Buy According to Hedge Funds

5. Green Plains Inc. (NASDAQ:GPRE)

Number of Hedge Fund Investors: 29

Green Plains Inc. (NASDAQ:GPRE) ranks fifth among the Best Ethanol Stocks on our list. It produces and markets ethanol and its byproducts in two functional segments. The majority of the company’s revenue is produced by the ethanol production area, which also produces sustainable corn oil, distillers grains, ethanol, and Ultra-High Protein. The agriculture and energy services section encompasses grain handling and storage, commodity marketing, and merchant trading of company-produced and third-party ethanol, distillers grains, Ultra-High Protein, renewable corn oil, natural gas, and other commodities.

Green Plains Inc. (NASDAQ:GPRE) decided to close its Fairmont, Minnesota operation in January 2025 as it deals with difficult market conditions. Furthermore, the firm announced on March 17, 2025, that it had decided to temporarily shut down its Clean Sugar Technology facility located in Shenandoah, Iowa. Green Plains’ plan to improve profitability by improving its product mix includes this step.

Green Plains Inc. (NASDAQ:GPRE) has already implemented $30 million of its $50 million annualized cost savings strategy, which includes organizational transformation and leadership cutbacks. Exports of ethanol are predicted to increase further in 2025 and are on course to hit a record 1.9 billion gallons. Initiatives for carbon capture have advanced drastically, and the Tallgrass Trailblazer Project is scheduled to start CO2 capture in the second half of this year. Moreover, the business increased its market share in the aquaculture market by securing its biggest sale to date, which could lead to further growth. The firm concluded the year with $200.7 million available under its working capital revolver and $209.4 million in cash, displaying its solid liquidity position.