Green Plains Inc.

GPRE · NASDAQ

Company research

Green Plains Inc. (NASDAQ: GPRE) is a leading biorefining company headquartered in Omaha, Nebraska, founded in 2004 and focused on transforming annually renewable crops into sustainable, high-value products. Operating ten biorefineries across Illinois, Indiana, Iowa, Minnesota, Nebraska, and Tennessee, the company produces low-carbon fuel-grade ethanol, distillers grains, Ultra-High Protein ingredients for animal and aquaculture feed, and renewable corn oil used as a feedstock for biodiesel, renewable diesel, and sustainable aviation fuel. Green Plains operates through two primary segments — Ethanol Production and Agribusiness and Energy Services — the latter encompassing grain handling, storage, commodity marketing, and merchant trading for both company-produced and third-party products. Under the leadership of CEO Chris Osowski, the company is executing a strategic transformation from a commodity ethanol producer into a diversified agricultural technology and biorefining platform, with active investments in carbon capture and storage (CCS) and next-generation low-carbon solutions.

Research reports

StockStory · March 30, 2026Green Plains (GPRE) Research Report: Q4 CY2025 Update

StockStory’s analyst team rates Green Plains as an underperformer, highlighting weak multi-year revenue growth, structurally low gross and EBITDA margins, and negative long-term ROIC that suggests value destruction despite recent quarter-over-quarter EBITDA improvement. The report notes that Q4 CY2025 revenue missed Street expectations badly while EBITDA beat, but concludes that the stock’s elevated forward P/E multiple embeds too much optimism relative to its volatile free cash flow profile and limited scale, implying better opportunities elsewhere in the energy and biofuels universe.