Lake Area Corn Processors, LLC (LKCRU)
Lake Area Corn Processors, LLC operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Wentworth, SD, US. The stock last traded at $7.26, up 0.00% on the session, giving a market capitalisation of $215.0M. On trailing twelve-month figures it carries a trailing P/E of 5.08, a net margin of 15.1%. Its beta of 0.67 implies it has historically moved less than the broad market.
Lake Area Corn Processors, LLC, operating through its Dakota Ethanol, L.L.C. subsidiary, oversees an ethanol production facility located in South Dakota. The enterprise specializes in manufacturing and supplying fuel-grade ethanol, which plays a crucial role as an octane booster in various fuels, serves as an oxygenated additive to lessen ozone and carbon monoxide emissions from vehicles, and acts as a petroleum-free alternative to gasoline. Additionally, it yields several valuable co-products from the ethanol process, including distiller grains, which are incorporated into animal feed for the dairy and beef sectors, and corn oil, finding applications in livestock nutrition, industrial settings, and the fabrication of biodiesel. These ethanol and associated commodities are then marketed to clients across North America. Established in 1999, Lake Area Corn Processors, LLC maintains its principal operations in Wentworth, South Dakota.
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