Red Trail Energy, LLC (REGX)
Red Trail Energy, LLC operates in the Oil & Gas Refining & Marketing industry of the Energy sector, headquartered in Richardton, ND, US. The stock last traded at $3.80, up 0.00% on the session, giving a market capitalisation of $152.6M. On trailing twelve-month figures it carries a trailing P/E of -130.14, a net margin of -0.8%. Its beta of -0.71 implies it has historically moved less than the broad market.
Red Trail Energy, LLC, active throughout the contiguous United States, specializes in the manufacturing and sale of fuel-grade ethanol, distillers grains, and corn oil. The company's core product, ethyl alcohol (fuel ethanol), is predominantly derived from corn and various other grains. This versatile substance functions as an octane booster in fuels, acts as an oxygenating additive to help reduce vehicle emissions such as ozone and carbon monoxide, and can serve as a renewable substitute for gasoline. Furthermore, Red Trail Energy provides two distinct types of distillers grains—dried and modified—primarily intended for the dairy and beef farming industries. They also supply corn oil, which is utilized in animal feed, diverse industrial applications, and the creation of biodiesel. The company was established in 2003 and operates from its base in Richardton, North Dakota.
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