Pacific Ethanol, Inc. (Pacific Ethanol) is a marketer and producer of low-carbon renewable fuels in the Western United States. Pacific Ethanol markets all the ethanol produced by four ethanol production facilities located in California, Idaho and Oregon, or the Pacific Ethanol Plants, all the ethanol produced by three other ethanol producers in the Western United States and ethanol purchased from other third-party suppliers throughout the United States. It also markets ethanol co-products, including wet distiller's grains and syrup (WDG), for the Pacific Ethanol Plants. Its 83% ownership interest in New PE Holdco LLC, the owner of each of the plant holding companies, that collectively own the Pacific Ethanol Plants. Its ethanol customers are integrated oil companies and gasoline marketers who blend ethanol into gasoline. Effective September 02, 2014, Pacific Ethanol Inc raised its interest to 96% from 91%, by acquiring a 5% interest, in PE Op Co.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining & Marketing
- Sub-Industry: N/A
- Symbol: NASDAQ:PEIX
- CUSIP: N/A
- Web: www.pacificethanol.com
Capitalization:- Market Cap: $193.48 million
- Outstanding Shares: 43,972,000
Average Prices:- 50 Day Moving Avg: $5.73
- 200 Day Moving Avg: $6.53
- 52 Week Range: $4.15 - $10.95
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.00
- P/E Growth: -0.58
Sales & Book Value:- Annual Revenue: $1.65 billion
- Price / Sales: 0.12
- Book Value: $8.38 per share
- Price / Book: 0.53
Profitability:- EBIDTA: $32.65 million
- Net Margins: -0.72%
- Return on Equity: -3.02%
- Return on Assets: -1.75%
Debt:- Debt-to-Equity Ratio: 0.50%
- Current Ratio: 3.25%
- Quick Ratio: 2.32%
Misc:- Average Volume: 696,500 shs.
- Beta: 2.19
- Short Ratio: 2.01
Frequently Asked Questions for Pacific Ethanol (NASDAQ:PEIX)
What is Pacific Ethanol's stock symbol?
Pacific Ethanol trades on the NASDAQ under the ticker symbol "PEIX."
How were Pacific Ethanol's earnings last quarter?
Pacific Ethanol, Inc. (NASDAQ:PEIX) posted its earnings results on Wednesday, August, 2nd. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.18. The firm earned $405.20 million during the quarter, compared to analysts' expectations of $410.34 million. Pacific Ethanol had a negative return on equity of 3.02% and a negative net margin of 0.72%. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. View Pacific Ethanol's Earnings History.
When will Pacific Ethanol make its next earnings announcement?
Where is Pacific Ethanol's stock going? Where will Pacific Ethanol's stock price be in 2017?
3 brokers have issued 1-year price objectives for Pacific Ethanol's shares. Their forecasts range from $12.00 to $14.00. On average, they anticipate Pacific Ethanol's stock price to reach $13.00 in the next year. View Analyst Ratings for Pacific Ethanol.
Are investors shorting Pacific Ethanol?
Pacific Ethanol saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 1,414,178 shares, a drop of 24.2% from the July 14th total of 1,865,484 shares. Based on an average daily trading volume, of 671,906 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.4% of the shares of the company are short sold.
Who are some of Pacific Ethanol's key competitors?
Some companies that are related to Pacific Ethanol include Basic Energy Services (BAS), Energy XXI Gulf Coast (EXXI), Premier Oil PLC (PMOIY), Sanchez Energy Corporation (SN), CNX Coal Resources LP (CNXC), San Juan Basin Royalty Trust (SJT), Pengrowth Energy Corporation (PGH), Natural Gas Services Group (NGS), California Resources Corporation (CRC), Romaco Resourcs (METC), Natural Resource Partners LP (NRP), JA Solar Holdings, Co. (JASO), Arc Logistic Partners LP (ARCX), Abraxas Petroleum Corporation (AXAS), Matrix Service Company (MTRX), Key Energy Services (KEG), Kimbell Royalty (KRP) and W&T Offshore (WTI).
Who owns Pacific Ethanol stock?
Pacific Ethanol's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Candlewood Investment Group LP (7.45%), DnB Asset Management AS (5.42%), Dimensional Fund Advisors LP (5.15%), HighTower Advisors LLC (4.14%), Vanguard Group Inc. (3.91%) and Boston Partners (3.77%). Company insiders that own Pacific Ethanol stock include Candlewood Investment Group, L, Christopher W Wright, James R Sneed, John L Prince, Larry D Layne, Neil M Koehler, Paul Koehler and William L Jones. View Institutional Ownership Trends for Pacific Ethanol.
Who sold Pacific Ethanol stock? Who is selling Pacific Ethanol stock?
Pacific Ethanol's stock was sold by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Wells Fargo & Company MN, LSV Asset Management, Tudor Investment Corp ET AL, Parametric Portfolio Associates LLC, Acadian Asset Management LLC, QS Investors LLC and Foundry Partners LLC. Company insiders that have sold Pacific Ethanol stock in the last year include Candlewood Investment Group, L, Christopher W Wright and Larry D Layne. View Insider Buying and Selling for Pacific Ethanol.
Who bought Pacific Ethanol stock? Who is buying Pacific Ethanol stock?
Pacific Ethanol's stock was purchased by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Dimensional Fund Advisors LP, Candlewood Investment Group LP, Prudential Financial Inc., Kennedy Capital Management Inc., Russell Investments Group Ltd., OxFORD Asset Management LLP and AJO LP. Company insiders that have bought Pacific Ethanol stock in the last two years include Candlewood Investment Group, L, Christopher W Wright, James R Sneed, John L Prince, Neil M Koehler and Paul Koehler. View Insider Buying and Selling for Pacific Ethanol.
How do I buy Pacific Ethanol stock?
Shares of Pacific Ethanol can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pacific Ethanol's stock price today?
One share of Pacific Ethanol stock can currently be purchased for approximately $4.40.
MarketBeat Community Rating for Pacific Ethanol (NASDAQ PEIX)MarketBeat's community ratings are surveys of what our community members think about Pacific Ethanol and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Pacific Ethanol (NASDAQ:PEIX)Earnings History by Quarter for Pacific Ethanol (NASDAQ PEIX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | | | | | | N/A |  |
| 8/2/2017 | Q2 2017 | ($0.04) | ($0.22) | $410.34 million | $405.20 million | View | Listen | |
| 5/9/2017 | Q1 2017 | ($0.04) | ($0.31) | $385.81 million | $386.30 million | View | Listen | |
| 3/1/2017 | Q4 2016 | $0.21 | $0.30 | $421.58 million | $441.72 million | View | Listen | |
| 11/2/2016 | Q316 | $0.11 | ($0.09) | $388.71 million | $417.80 million | View | N/A | |
| 7/27/2016 | Q2 | ($0.03) | $0.11 | $383.29 million | $422.90 million | View | N/A | |
| 5/4/2016 | Q1 | ($0.13) | ($0.32) | $360.37 million | $342.40 million | View | N/A | |
| 3/9/2016 | Q4 | ($0.09) | $0.02 | $377.53 million | $376.80 million | View | N/A | |
| 7/29/2015 | Q2 | $0.09 | $0.03 | $264.27 million | $227.60 million | View | Listen | |
| 5/11/2015 | Q115 | ($0.08) | ($0.19) | $202.40 million | $206.20 million | View | N/A | |
| 3/4/2015 | Q414 | $0.17 | $0.41 | $246.37 million | $256.20 million | View | N/A | |
| 10/29/2014 | Q314 | $0.21 | $0.33 | $261.55 million | $275.60 million | View | N/A | |
| 7/30/2014 | Q214 | $0.65 | $0.77 | $262.27 million | $321.10 million | View | N/A | |
| 4/30/2014 | Q114 | $3.30 | ($0.69) | $225.50 million | $254.50 million | View | N/A | |
| 2/26/2014 | Q413 | ($0.07) | $0.54 | $197.00 million | $215.30 million | View | N/A | |
| 11/6/2013 | Q313 | | ($0.40) | $215.90 million | $233.90 million | View | N/A | |
| 7/24/2013 | Q2 2013 | | $0.07 | $205.45 million | $233.81 million | View | N/A | |
| 11/12/2012 | Q312 | | ($0.05) | $271.60 million | $215.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Pacific Ethanol (NASDAQ:PEIX)2017 EPS Consensus Estimate: $0.49
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.21) | ($0.21) | ($0.21) |
| Q2 2017 | 2 | ($0.04) | $0.31 | $0.14 |
| Q3 2017 | 2 | $0.18 | $0.44 | $0.31 |
| Q4 2017 | 2 | $0.12 | $0.39 | $0.26 |
(Data provided by Zacks Investment Research)
Dividend History for Pacific Ethanol (NASDAQ:PEIX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Pacific Ethanol (NASDAQ:PEIX)Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 67.29%
Insider Trades by Quarter for Pacific Ethanol (NASDAQ:PEIX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/17/2017 | Candlewood Investment Group, L | Major Shareholder | Sell | 1,420,251 | $6.70 | $9,515,681.70 | |
| 12/15/2016 | Larry D Layne | Director | Sell | 10,000 | $9.71 | $97,100.00 | |
| 12/13/2016 | Christopher W Wright | VP | Sell | 6,426 | $9.60 | $61,689.60 | |
| 12/12/2016 | Candlewood Investment Group, L | Major Shareholder | Sell | 2,977,000 | $9.37 | $27,894,490.00 | |
| 8/15/2016 | William L Jones | Director | Sell | 15,000 | $6.75 | $101,250.00 | |
| 8/12/2016 | John L Prince | Director | Sell | 17,745 | $6.64 | $117,826.80 | |
| 8/10/2016 | William L Jones | Director | Sell | 15,000 | $6.69 | $100,350.00 | |
| 6/9/2016 | Christopher W Wright | VP | Sell | 31,000 | $6.00 | $186,000.00 | |
| 2/11/2016 | Candlewood Investment Group, L | Major Shareholder | Buy | 26,400 | $2.94 | $77,616.00 | |
| 2/2/2016 | Candlewood Investment Group, L | Major Shareholder | Buy | 1,322,523 | $3.30 | $4,364,325.90 | |
| 1/14/2016 | Candlewood Investment Group, L | Major Shareholder | Buy | 1,824,544 | $3.39 | $6,185,204.16 | |
| 11/23/2015 | James R Sneed | VP | Buy | 2,500 | $3.75 | $9,375.00 | |
| 11/17/2015 | Christopher W Wright | VP | Buy | 2,750 | $4.00 | $11,000.00 | |
| 11/17/2015 | John L Prince | Director | Buy | 4,000 | $4.05 | $16,200.00 | |
| 11/11/2015 | Paul Koehler | VP | Buy | 7,000 | $4.58 | $32,060.00 | |
| 11/10/2015 | Neil M. Koehler | CEO | Buy | 20,000 | $4.78 | $95,600.00 | |
| 8/20/2015 | Christopher W Wright | VP | Buy | 3,000 | $7.25 | $21,750.00 | |
| 8/22/2014 | Neil M Koehler | CEO | Sell | 25,000 | $21.27 | $531,750.00 | |
| 8/13/2014 | Terry L Stone | Director | Sell | 10,000 | $19.98 | $199,800.00 | |
| 8/5/2014 | William L Jones | Director | Sell | 25,000 | $19.59 | $489,750.00 | |
| 6/16/2014 | Terry L Stone | Director | Sell | 2,259 | $13.98 | $31,580.82 | |
| 6/10/2014 | Larry D Layne | Director | Sell | 2,915 | $13.87 | $40,431.05 | |
| 5/8/2014 | William L Jones | Director | Sell | 7,000 | $11.26 | $78,820.00 | |
| 5/6/2014 | William L Jones | Director | Sell | 7,000 | $12.48 | $87,360.00 | |
| 12/16/2013 | Larry D Layne | Director | Sell | 10,000 | $4.01 | $40,100.00 | |
| 11/20/2013 | Bryon T Mcgregor | CFO | Buy | 2,000 | $2.70 | $5,400.00 | |
| 11/20/2013 | Christopher W Wright | VP | Buy | 3,676 | $2.73 | $10,035.48 | |
| 11/19/2013 | Neil M Koehler | CEO | Buy | 15,000 | $2.55 | $38,250.00 | |
| 5/22/2013 | Bryon T Mcgregor | CFO | Buy | 2,000 | $5.10 | $10,200.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Pacific Ethanol (NASDAQ:PEIX)
Latest Headlines for Pacific Ethanol (NASDAQ:PEIX)
| Source: |
|
| Date | Headline |
|---|
 | Pacific Ethanol, Inc. (NASDAQ:PEIX) Sees Large Decline in Short Interest
www.americanbankingnews.com - August 14 at 2:14 AM |
| Pacific Ethanol, Inc. (NASDAQ:PEIX) Expected to Post Earnings of $0.19 Per Share
www.americanbankingnews.com - August 11 at 3:14 PM |
 | Pacific Ethanol (PEIX) Presents At Jefferies 13th Annual Industrials Conference - Slideshow
seekingalpha.com - August 11 at 7:30 AM |
| Pacific Ethanol, Inc. (PEIX) Given a $14.00 Price Target by HC Wainwright Analysts
www.americanbankingnews.com - August 6 at 10:26 PM |
| Pacific Ethanol's (PEIX) CEO Neil Koehler on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 4 at 6:56 AM |
| Pacific Ethanol's (PEIX) CEO Neil Koehler on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 4 at 6:56 AM |
 | Edited Transcript of PEIX earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 6:56 AM |
| Edited Transcript of PEIX earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 6:56 AM |
 | Pacific Ethanol Reports Second Quarter 2017 Results - GlobeNewswire (press release)
globenewswire.com - August 3 at 6:48 AM |
| Pacific Ethanol Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 6:48 AM |
| Pacific Ethanol reports 2Q loss
finance.yahoo.com - August 3 at 6:48 AM |
| Pacific Ethanol to Present at the Jefferies Industrials Conference - GlobeNewswire (press release)
globenewswire.com - August 2 at 5:40 AM |
| Pacific Ethanol to Present at the Jefferies Industrials Conference
finance.yahoo.com - August 1 at 4:20 PM |
| Cowen and Company Analysts Give Pacific Ethanol, Inc. (NASDAQ:PEIX) a $13.00 Price Target
www.americanbankingnews.com - July 30 at 11:18 AM |
| Pacific Ethanol, Inc. (PEIX) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 30 at 10:42 AM |
| Pacific Ethanol to Release Second Quarter 2017 Results
finance.yahoo.com - July 28 at 6:41 AM |
| Brokerages Anticipate Pacific Ethanol, Inc. (NASDAQ:PEIX) Will Post Quarterly Sales of $422.28 Million
www.americanbankingnews.com - July 26 at 1:01 PM |
| $0.04 Earnings Per Share Expected for Pacific Ethanol, Inc. (PEIX) This Quarter
www.americanbankingnews.com - July 24 at 9:51 AM |
| Short Interest in Pacific Ethanol, Inc. (PEIX) Grows By 57.3%
www.americanbankingnews.com - July 16 at 7:22 AM |
| Pacific Ethanol, Inc. (PEIX) Forecasted to Post Q2 2017 Earnings of ($0.04) Per Share
www.americanbankingnews.com - July 3 at 7:58 AM |
| $422.28 Million in Sales Expected for Pacific Ethanol, Inc. (PEIX) This Quarter
www.americanbankingnews.com - June 30 at 3:20 PM |
| Pacific Ethanol, Inc. (PEIX) PT Set at $14.00 by HC Wainwright
www.americanbankingnews.com - June 28 at 11:02 PM |
 | Pacific Ethanol paying $76 million for biorefinery that makes fuel ... - Sacramento Business Journal
www.bizjournals.com - June 28 at 4:18 PM |
| Zacks: Brokerages Expect Pacific Ethanol, Inc. (PEIX) to Post $0.03 EPS
www.americanbankingnews.com - June 28 at 8:02 AM |
 | A Peek Into The Markets: US Stock Futures Decline Ahead Of Fed Speakers, Economic Data - Benzinga
www.benzinga.com - June 27 at 7:17 PM |
 | Technical Insights on Oil and Gas Refining & Marketing Stocks -- Sunoco, Pacific Ethanol, Alon USA Energy, and CVR ... - PR Newswire (press release)
www.prnewswire.com - June 27 at 7:17 PM |
| Pacific Ethanol to Acquire Illinois Corn Processing - GlobeNewswire (press release)
globenewswire.com - June 27 at 7:17 PM |
| Pacific Ethanol paying $76 million for biorefinery that makes fuel, booze
finance.yahoo.com - June 27 at 7:17 PM |
| Pacific Ethanol to Acquire Illinois Corn Processing
feeds.benzinga.com - June 27 at 7:55 AM |
| ETFs with exposure to Pacific Ethanol, Inc. : June 22, 2017
finance.yahoo.com - June 23 at 9:01 AM |
| Pacific Ethanol, Inc. :PEIX-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 8:40 AM |
| Here's Why Pacific Ethanol Stock Dropped 13.2% in May
finance.yahoo.com - June 5 at 7:48 PM |
| $427.95 Million in Sales Expected for Pacific Ethanol Inc (PEIX) This Quarter
www.americanbankingnews.com - June 4 at 10:32 AM |
| Pacific Ethanol Inc (PEIX) Downgraded to "Sell" at ValuEngine
www.americanbankingnews.com - June 3 at 5:40 PM |
| Zacks: Analysts Expect Pacific Ethanol Inc (PEIX) to Post $0.03 EPS
www.americanbankingnews.com - June 2 at 9:50 AM |
| Pacific Ethanol Inc (PEIX) Short Interest Update
www.americanbankingnews.com - May 31 at 12:00 PM |
| Pacific Ethanol to Participate in Two Upcoming Investor Conferences - GlobeNewswire (press release)
www.globenewswire.com - May 26 at 8:32 PM |
| Pacific Ethanol to Participate in Two Upcoming Investor Conferences
finance.yahoo.com - May 26 at 5:51 AM |
| Technical Roundup on Oil & Gas Stocks -- Sunoco, Delek US, Valvoline, and Pacific Ethanol
www.bizjournals.com - May 23 at 9:57 AM |
| Why Is No One Talking About Pacific Ethanol Stock?
finance.yahoo.com - May 20 at 5:03 AM |
 | Pacific Ethanol to Participate in the 12th Annual BMO Capital Markets Farm to Market Conference - Nasdaq
www.nasdaq.com - May 11 at 7:37 PM |
| Pacific Ethanol to Participate in the 12th Annual BMO Capital Markets Farm to Market Conference - GlobeNewswire (press release)
www.globenewswire.com - May 11 at 8:47 AM |
| Edited Transcript of PEIX earnings conference call or presentation 10-May-17 3:00pm GMT
finance.yahoo.com - May 11 at 8:47 AM |
| Pacific Ethanol to Participate in the 12th Annual BMO Capital Markets Farm to Market Conference
finance.yahoo.com - May 11 at 8:47 AM |
| Pacific Ethanol Inc (PEIX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 11 at 8:26 AM |
| Pacific Ethanol Inc (PEIX) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 10 at 7:40 PM |
| Pacific Ethanol Reports First Quarter 2017 Results - GlobeNewswire (press release)
globenewswire.com - May 10 at 7:23 PM |
 | EARNINGS SUMMARY: Details of Pacific Ethanol, Inc. Q1 Earnings Report
www.rttnews.com - May 10 at 11:43 AM |
| $429.54 Million in Sales Expected for Pacific Ethanol Inc (PEIX) This Quarter
www.americanbankingnews.com - May 10 at 9:46 AM |
| Pacific Ethanol Reports First Quarter 2017 Results
finance.yahoo.com - May 9 at 6:45 PM |
Pacific Ethanol (PEIX) Chart for Wednesday, August, 23, 2017
