Highwater Ethanol, LLC (HEOL)
Highwater Ethanol, LLC operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Lamberton, MN, US. The stock last traded at $17000.00, down 1.45% on the session, giving a market capitalisation of $80.7M. On trailing twelve-month figures it carries a trailing P/E of 2.63, a net margin of 21.1%. Its beta of -0.55 implies it has historically moved less than the broad market.
Highwater Ethanol, LLC manufactures and distributes ethanol and its associated byproducts across the continental United States. The company's ethanol product serves various applications, including enhancing octane in fuels, acting as an oxygenate to reduce ozone and carbon monoxide emissions, and providing a non-petroleum-based substitute for gasoline. Additionally, from their ethanol production process, Highwater Ethanol yields distillers grains, a nutritional supplement widely used in animal feed for the dairy, swine, poultry, and beef industries. They also offer corn oil, which is utilized as a feedstock for biodiesel production, an ingredient in feed, and for other industrial purposes. Sales of their products are facilitated through third-party marketing professionals. Highwater Ethanol, LLC was established in Lamberton, Minnesota, in 2006.
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