REX American Resources (REX)
Market Price (6/14/2026): $43.88 | Market Cap: $1.5 BilSector: Energy | Industry: Oil & Gas Refining & Marketing
REX American Resources (REX)
Market Price (6/14/2026): $43.88Market Cap: $1.5 BilSector: EnergyIndustry: Oil & Gas Refining & Marketing
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -24% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18% Megatrend and thematic driversMegatrends include Energy Transition & Decarbonization, and Sustainable Consumption. Themes include Renewable Fuel Production, and Eco-friendly Products. | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.1%, Rev Chg QQuarterly Revenue Change % is -1.2% High stock price volatilityVol 12M is 114% Key risksREX key risks include [1] significant volatility in the corn-ethanol "crush spread", Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -24% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Megatrend and thematic driversMegatrends include Energy Transition & Decarbonization, and Sustainable Consumption. Themes include Renewable Fuel Production, and Eco-friendly Products. |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.1%, Rev Chg QQuarterly Revenue Change % is -1.2% |
| High stock price volatilityVol 12M is 114% |
| Key risksREX key risks include [1] significant volatility in the corn-ethanol "crush spread", Show more. |
Qualitative Assessment
AI Analysis | Feedback
REX American Resources (REX) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. REX American Resources reported record diluted earnings per share (EPS) of $0.56 for its fiscal first quarter 2026, which ended on April 30, 2026. This represents a significant 115.4% increase from $0.26 per diluted share in fiscal Q1 2025, marking the best first quarter on a net income per share basis in the company's history. Net income attributable to REX shareholders surged by 112.6% to $18.5 million in fiscal Q1 2026, up from $8.7 million in the prior year's first quarter.
2. Enhanced profitability was primarily driven by the recognition of $7.5 million in Section 45Z clean fuel production tax credit income and favorable operational costs. This tax credit, booked at $0.10 per gallon for consolidated plants, significantly boosted the company's gross profit, which more than doubled to $29.1 million in fiscal Q1 2026 compared to $14.3 million in fiscal Q1 2025. Additionally, lower corn costs and higher selling prices for by-products, such as distillers grains (up 7.0% to $155.86 per ton) and corn oil (up 17.4% to $0.54 per pound), further contributed to the strong gross margin expansion.
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Stock Movement Drivers
Fundamental Drivers
The 23.6% change in REX stock from 2/28/2026 to 6/13/2026 was primarily driven by a 84.9% change in the company's Net Income Margin (%).| (LTM values as of) | 2282026 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 35.56 | 43.94 | 23.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 651 | 649 | -0.3% |
| Net Income Margin (%) | 7.7% | 14.3% | 84.9% |
| P/E Multiple | 23.3 | 15.7 | -32.7% |
| Shares Outstanding (Mil) | 33 | 33 | -0.3% |
| Cumulative Contribution | 23.6% |
Market Drivers
2/28/2026 to 6/13/2026| Return | Correlation | |
|---|---|---|
| REX | 23.6% | |
| Market (SPY) | 8.4% | -28.5% |
| Sector (XLE) | 3.6% | 46.9% |
Fundamental Drivers
The 33.2% change in REX stock from 11/30/2025 to 6/13/2026 was primarily driven by a 80.8% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 32.99 | 43.94 | 33.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 650 | 649 | -0.2% |
| Net Income Margin (%) | 7.9% | 14.3% | 80.8% |
| P/E Multiple | 21.2 | 15.7 | -25.9% |
| Shares Outstanding (Mil) | 33 | 33 | -0.3% |
| Cumulative Contribution | 33.2% |
Market Drivers
11/30/2025 to 6/13/2026| Return | Correlation | |
|---|---|---|
| REX | 33.2% | |
| Market (SPY) | 9.2% | -8.2% |
| Sector (XLE) | 29.2% | 40.0% |
Fundamental Drivers
The 108.5% change in REX stock from 5/31/2025 to 6/13/2026 was primarily driven by a 57.9% change in the company's Net Income Margin (%).| (LTM values as of) | 5312025 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.07 | 43.94 | 108.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 642 | 649 | 1.0% |
| Net Income Margin (%) | 9.1% | 14.3% | 57.9% |
| P/E Multiple | 13.0 | 15.7 | 21.1% |
| Shares Outstanding (Mil) | 36 | 33 | 8.1% |
| Cumulative Contribution | 108.5% |
Market Drivers
5/31/2025 to 6/13/2026| Return | Correlation | |
|---|---|---|
| REX | 108.5% | |
| Market (SPY) | 27.3% | 4.2% |
| Sector (XLE) | 45.7% | 9.8% |
Fundamental Drivers
The 166.8% change in REX stock from 5/31/2023 to 6/13/2026 was primarily driven by a 350.0% change in the company's Net Income Margin (%).| (LTM values as of) | 5312023 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.47 | 43.94 | 166.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 873 | 649 | -25.7% |
| Net Income Margin (%) | 3.2% | 14.3% | 350.0% |
| P/E Multiple | 20.7 | 15.7 | -24.2% |
| Shares Outstanding (Mil) | 35 | 33 | 5.3% |
| Cumulative Contribution | 166.8% |
Market Drivers
5/31/2023 to 6/13/2026| Return | Correlation | |
|---|---|---|
| REX | 166.8% | |
| Market (SPY) | 84.5% | 13.6% |
| Sector (XLE) | 65.7% | 19.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| REX Return | 31% | -0% | 48% | -12% | 55% | 33% | 251% |
| Peers Return | 51% | -8% | 2% | -11% | 31% | 43% | 135% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| REX Win Rate | 58% | 50% | 67% | 33% | 67% | 67% | |
| Peers Win Rate | 57% | 52% | 53% | 38% | 55% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| REX Max Drawdown | -36% | -30% | -19% | -34% | -51% | -16% | |
| Peers Max Drawdown | -38% | -49% | -42% | -49% | -50% | -24% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GPRE, VLO, ANDE, ALTO, GEVO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/12/2026 (YTD)
How Low Can It Go
| Event | REX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -19.5% | -18.8% |
| % Gain to Breakeven | 24.2% | 23.1% |
| Time to Breakeven | 59 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -19.0% | -6.7% |
| % Gain to Breakeven | 23.5% | 7.1% |
| Time to Breakeven | 22 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.4% | -24.5% |
| % Gain to Breakeven | 28.9% | 32.4% |
| Time to Breakeven | 42 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.3% | -33.7% |
| % Gain to Breakeven | 114.0% | 50.9% |
| Time to Breakeven | 152 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -20.8% | -19.2% |
| % Gain to Breakeven | 26.2% | 23.8% |
| Time to Breakeven | 53 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -16.9% | -12.2% |
| % Gain to Breakeven | 20.3% | 13.9% |
| Time to Breakeven | 2 days | 62 days |
In The Past
REX American Resources's stock fell -19.5% during the 2025 US Tariff Shock. Such a loss loss requires a 24.2% gain to breakeven.
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| Event | REX | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.4% | -24.5% |
| % Gain to Breakeven | 28.9% | 32.4% |
| Time to Breakeven | 42 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.3% | -33.7% |
| % Gain to Breakeven | 114.0% | 50.9% |
| Time to Breakeven | 152 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -20.8% | -19.2% |
| % Gain to Breakeven | 26.2% | 23.8% |
| Time to Breakeven | 53 days | 105 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -59.0% | -6.8% |
| % Gain to Breakeven | 143.6% | 7.3% |
| Time to Breakeven | 2019 days | 15 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -64.0% | -53.4% |
| % Gain to Breakeven | 177.6% | 114.4% |
| Time to Breakeven | 371 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -20.2% | -8.6% |
| % Gain to Breakeven | 25.3% | 9.5% |
| Time to Breakeven | 29 days | 47 days |
In The Past
REX American Resources's stock fell -19.5% during the 2025 US Tariff Shock. Such a loss loss requires a 24.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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About REX American Resources (REX)
AI Analysis | Feedback
Here are 1-2 analogies to describe REX American Resources:
- Like Archer-Daniels-Midland (ADM), but primarily focused on turning corn into ethanol fuel and selling its agricultural by-products for animal feed.
- A fuel production and sales company similar to Valero (VLO), but whose core business is producing ethanol from corn rather than refining crude oil.
AI Analysis | Feedback
- Ethanol: A renewable fuel produced and sold for various applications, including motor fuel.
- Corn: A grain commodity sold by the company, likely used as a feedstock for ethanol production.
- Distillers Grains: A co-product of the ethanol production process, primarily used in animal feed.
- Dry Distillers Grains with Solubles (DDGS): A high-protein co-product from ethanol production, specifically marketed for use in animal feed.
- Non-food Grade Corn Oil: A co-product derived from corn, primarily used for industrial applications or animal feed.
- Gasoline: A common petroleum-derived fuel sold by the company.
- Natural Gas: A fossil fuel sold by the company, used for energy generation and heating.
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Major Customers of REX American Resources (REX)
REX American Resources Corporation sells its products primarily to other companies (B2B) rather than directly to individual consumers. Its offerings, such as ethanol, distillers grains, corn oil, corn, gasoline, and natural gas, are typically industrial inputs or commodities.
While REX American Resources' public filings indicate that a significant portion of its revenues comes from a relatively small number of customers (e.g., for the year ended January 31, 2023, its three largest customers accounted for approximately 18%, 15%, and 12% of consolidated revenues, respectively), the company does not publicly disclose the specific names of these major customers. This is common practice for commodity producers due to competitive and commercial confidentiality reasons.
However, based on the nature of its products and the industry in which it operates, REX's major customers are generally large entities within the following categories:
- Fuel Blenders and Distributors: These are typically major oil companies, petroleum refiners, or large independent fuel distributors that purchase ethanol to blend into gasoline. Ethanol is a critical component for meeting biofuel mandates and enhancing fuel octane. Examples of companies operating in this space include Valero Energy (NYSE: VLO), Marathon Petroleum Corporation (NYSE: MPC), and Phillips 66 (NYSE: PSX), among others.
- Animal Feed Manufacturers and Large-Scale Livestock Producers: Purchasers of dry distillers grains with solubles (DDGS) and corn oil, which are valuable protein and energy sources for animal feed. These customers include large agricultural corporations, feed mills, and integrated livestock operations. Examples of major players in the agricultural and feed industry include Archer-Daniels-Midland Company (NYSE: ADM) and Bunge Global SA (NYSE: BG), as well as various large private agricultural firms.
- Industrial Users and Commodity Traders: Buyers of non-food grade corn oil for industrial applications (e.g., biodiesel production, chemical manufacturing) and other commodities like corn and natural gas. These can include a diverse range of manufacturing companies or large commodity trading houses.
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Zafar A. Rizvi, Chief Executive Officer and President
Zafar A. Rizvi was appointed Chief Executive Officer of REX American Resources Corporation in 2015 and has served as its President since June 2010. He has been the President of Farmers Energy Incorporated, an alternative energy investment subsidiary of REX American Resources, since 2006. Mr. Rizvi's tenure with REX American Resources began in 1991, serving as Vice President—Loss Prevention until 2006, then as Vice President from 2006 to 2010. Prior to joining REX, he held various management positions in the video retailing industry from 1986 to 1991. Mr. Rizvi holds an MBA from the University of Phoenix and an undergraduate degree from the University of the Punjab. He also serves as a Director for several ethanol entities, including NuGen Energy, LLC, Patriot Renewable Fuels, LLC, Levelland Hockley County Ethanol, LLC, and Big River Resources West Burlington, LLC.
Douglas L. Bruggeman, Principal Accounting Officer, Vice President, Finance, Chief Financial Officer and Treasurer
Douglas L. Bruggeman has served as the Chief Financial Officer of REX American Resources Corporation since 2003. He has also been the Vice President-Finance and Treasurer since 1989. Before these roles, Mr. Bruggeman was the Manager of Corporate Accounting for REX from 1987 to 1989. His professional background also includes experience with the accounting firm of Ernst & Young prior to joining REX American Resources.
Stuart A. Rose, Executive Chairman of the Board & Head of Corporate Development
Stuart A. Rose is the founder of REX American Resources Corporation, which was formerly known as Rex Stores Corporation. He founded and led Rex Radio and Television, Inc. in 1980. He has served as Chairman of the Board since 1984 and transitioned from CEO to Executive Chairman in 2015. Mr. Rose has experience as a research analyst and a merger and acquisition broker. He also gained significant experience in "valuing business and buying and selling businesses" through his acquisition of four consumer electronic stores known as Niederhoffer and Co.
Edward M. Kress, Secretary & Director
Edward M. Kress serves as the Secretary and a Director of REX American Resources Corporation.
AI Analysis | Feedback
The key risks to REX American Resources' business are primarily centered around commodity market fluctuations, regulatory changes, and the long-term evolution of the energy sector.
- Price Volatility of Raw Materials and Products Affecting Margins
The most significant risk for REX American Resources is the inherent volatility in the prices of its key raw materials, such as corn and natural gas, and its primary products, including ethanol and distillers grains. Corn is the main raw material for REX's ethanol plants, and its price is the largest driver of production costs. Similarly, natural gas costs are a major fluctuating expense in ethanol production. This price instability in both inputs and outputs can lead to inconsistent earnings reports and pressure the company's net margins. REX's ability to maintain profitability is highly dependent on managing the "crush spread," which is the difference between selling prices of ethanol and byproducts and the cost of corn, a factor difficult to predict beyond short-term contracts.
- Legislative and Regulatory Changes
REX American Resources operates in an industry heavily influenced by government policies and regulations. Changes in legislative and regulatory frameworks, particularly those related to renewable fuels, environmental standards, and carbon capture initiatives, pose a significant risk. Delays in obtaining permits for projects like carbon capture facilities could also undermine projected financial benefits. The company's future performance can be impacted by shifts in U.S. foreign trade policy and tariffs.
- Long-Term Energy Transition and Competition from Emerging Fuels
While ethanol currently plays a role in the alternative energy sector, a long-term risk for REX American Resources stems from the broader energy transition and the emergence of new alternative fuels. The development of technologies like hydrogen and solar e-fuels could eventually lead to a structural decrease in demand for liquid fuels, including ethanol. For REX to remain competitive, it needs to ensure that ethanol maintains its relevance as an alternative fuel amidst evolving energy landscapes and competition from non-corn-based fuels.
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The global shift towards electric vehicles (EVs) poses a clear emerging threat to REX American Resources. As EV adoption accelerates, the demand for gasoline is expected to decrease, which will directly reduce the market for ethanol, REX's primary product, as ethanol is predominantly used as a blend in gasoline for internal combustion engine vehicles.
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Ethanol
- The global ethanol market size was calculated at USD 114.98 billion in 2025 and is projected to reach around USD 199.40 billion by 2035.
- The U.S. ethanol market is estimated to be valued at USD 32.76 billion in 2025 and is expected to reach USD 60.66 billion by 2032.
Distillers Grains (including DDGS)
- The global distillers grain market size is valued at USD 18.81 billion in 2026, projected to reach USD 34.72 billion by 2034.
- North America is the largest market for distillers grains, accounting for over 60% of the global production and consumption.
Non-food Grade Corn Oil
- The global non-food grade corn oil market size was valued at USD 2430 million in 2024 and is projected to reach USD 3751.44 million by 2033.
Gasoline
- The global gasoline market size was valued at USD 135.39 billion in 2024 and is expected to reach USD 159.25 billion by 2033.
Natural Gas
- The global natural gas market was valued at USD 1.2 trillion in 2024 and is projected to reach USD 1.9 trillion by 2030.
- The U.S. natural gas market size is likely to value US$473.4 billion in 2025 and is projected to reach US$601.8 billion by 2032.
Corn
- null
AI Analysis | Feedback
REX American Resources (symbol: REX) is positioned for future revenue growth over the next 2-3 years, driven by several strategic initiatives and market dynamics:
- Ethanol Production Capacity Expansion: The company is expanding its One Earth Energy facility, targeting an increased ethanol production capacity of 200 million gallons per year by 2026. This expansion is expected to directly contribute to higher sales volumes of ethanol.
- Carbon Capture and Sequestration (CCS) Initiatives and Tax Credits: REX is actively pursuing carbon capture and sequestration projects, with the EPA permit for its Class VI injection well anticipated to be finalized in June 2026. These projects are expected to enhance the economics of its operations and strengthen future earnings potential through valuable 45Z and 45Q tax credits. While primarily impacting profitability, the enhanced project economics from these credits support long-term investment and growth strategies.
- Increased Ethanol Exports and E15 Blending: Management anticipates a record-setting year for U.S. ethanol exports in 2025, with current exports already showing significant increases compared to the previous year. Additionally, the company is monitoring policy developments related to E15 blending, which could further boost domestic demand and ethanol sales volumes.
- Growth in Corn Oil Revenue: REX American Resources has demonstrated significant year-over-year growth in corn oil sales revenue, driven by both increased sales volumes and higher average selling prices. This trend in a key co-product is expected to continue contributing to overall revenue growth.
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Share Repurchases
- REX American Resources completed a multi-year share buyback program that resulted in the retirement of approximately 3.6 million shares.
- During fiscal year 2024, the company repurchased approximately 372,567 shares for a total consideration of $15.5 million.
- The Board of Directors authorized an additional 1.5 million share buyback program on March 26, 2025.
Capital Expenditures
- Capital expenditures related to the One Earth Energy carbon capture and sequestration project and the expansion of ethanol production capacity at Gibson City totaled $115.6 million by the end of fiscal year 2024, and $155.8 million by the end of fiscal third quarter 2025.
- The company has budgeted a total of $220-$230 million for the combined carbon capture and ethanol expansion projects.
- The primary focus of these expenditures is to increase ethanol production capacity at the One Earth Energy facility from 150 million to 175 million gallons per year, with plans for a future increase to 200 million gallons per year, and to construct a large-scale carbon capture and sequestration facility.
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 29.47 |
| Mkt Cap | 1.2 |
| Rev LTM | 1,426 |
| Op Inc LTM | 51 |
| FCF LTM | 38 |
| FCF 3Y Avg | 27 |
| CFO LTM | 123 |
| CFO 3Y Avg | 89 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -2.4% |
| Rev Chg 3Y Avg | -11.0% |
| Rev Chg Q | -1.0% |
| QoQ Delta Rev Chg LTM | -0.2% |
| Op Inc Chg LTM | 106.8% |
| Op Inc Chg 3Y Avg | 32.3% |
| Op Mgn LTM | 2.3% |
| Op Mgn 3Y Avg | 0.8% |
| QoQ Delta Op Mgn LTM | 1.7% |
| CFO/Rev LTM | 4.5% |
| CFO/Rev 3Y Avg | 3.3% |
| FCF/Rev LTM | 3.9% |
| FCF/Rev 3Y Avg | 1.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.2 |
| P/S | 0.6 |
| P/Op Inc | 15.9 |
| P/EBIT | 11.7 |
| P/E | 15.1 |
| P/CFO | 12.1 |
| Total Yield | 6.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -0.9% |
| D/E | 0.4 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -5.3% |
| 3M Rtn | 5.4% |
| 6M Rtn | 44.5% |
| 12M Rtn | 99.1% |
| 3Y Rtn | 100.9% |
| 1M Excs Rtn | -4.5% |
| 3M Excs Rtn | -6.6% |
| 6M Excs Rtn | 36.2% |
| 12M Excs Rtn | 78.7% |
| 3Y Excs Rtn | 32.9% |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Ethanol | 504 | 496 | 635 | 650 | 614 |
| Dried distillers grains | 88 | 101 | 139 | 139 | 125 |
| Distillers corn oil | 52 | 39 | 53 | 56 | 39 |
| Modified distillers grains | 5 | 5 | 6 | 12 | 9 |
| Other | 0 | 0 | 0 | 0 | 0 |
| Derivative financial instruments gains | -0 | 0 | -0 | -1 | -12 |
| Total | 650 | 642 | 833 | 855 | 775 |
| $ Mil | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Ethanol and by-products | 4 | 5 | 23 | 36 |
| Refined coal | 1 | 3 | 10 | 6 |
| Corporate and Other | -2 | -1 | -2 | -2 |
| Total | 3 | 7 | 32 | 40 |
| $ Mil | 2021 | 2020 | 2019 | 2018 | 2014 |
|---|---|---|---|---|---|
| Ethanol and by-products | 397 | 409 | 394 | 385 | |
| Corporate and Other | 79 | 86 | 69 | 82 | |
| Refined coal | 3 | 6 | 9 | 12 | |
| Alternative energy | 357 | ||||
| Corporate | 67 | ||||
| Real estate | 5 | ||||
| Total | 479 | 501 | 471 | 479 | 428 |
Price Behavior
| Market Price | $43.94 | |
| Market Cap ($ Bil) | 1.5 | |
| First Trading Date | 11/05/1987 | |
| Distance from 52W High | -28.8% | |
| 50 Days | 200 Days | |
| DMA Price | $46.84 | $37.87 |
| DMA Trend | up | up |
| Distance from DMA | -6.2% | 16.0% |
| 3M | 1YR | |
| Volatility | 40.3% | 114.0% |
| Downside Capture | -99.79 | 106.35 |
| Upside Capture | -29.02 | 151.89 |
| Correlation (SPY) | -32.4% | 4.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.47 | -1.48 | -1.17 | -0.40 | 0.33 | 0.67 |
| Up Beta | -2.64 | -1.80 | -1.86 | -1.09 | -1.45 | 0.46 |
| Down Beta | 0.11 | -0.06 | -0.52 | 0.05 | -0.37 | 0.55 |
| Up Capture | -106% | -52% | -20% | 17% | 206% | 96% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 9 | 22 | 35 | 69 | 146 | 389 |
| Down Capture | -204% | -348% | -258% | -109% | 92% | 92% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 11 | 19 | 28 | 54 | 103 | 356 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with REX | |
|---|---|---|---|---|
| REX | 93.6% | 113.6% | 1.01 | - |
| Sector ETF (XLE) | 37.8% | 20.6% | 1.45 | 9.4% |
| Equity (SPY) | 24.9% | 12.3% | 1.52 | 3.9% |
| Gold (GLD) | 25.5% | 27.4% | 0.81 | 1.2% |
| Commodities (DBC) | 30.1% | 19.0% | 1.25 | 8.2% |
| Real Estate (VNQ) | 13.5% | 13.5% | 0.69 | 0.8% |
| Bitcoin (BTCUSD) | -41.7% | 42.2% | -1.16 | 0.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with REX | |
|---|---|---|---|---|
| REX | 23.3% | 66.0% | 0.55 | - |
| Sector ETF (XLE) | 20.1% | 26.0% | 0.70 | 27.4% |
| Equity (SPY) | 13.5% | 17.1% | 0.61 | 20.9% |
| Gold (GLD) | 16.8% | 18.2% | 0.75 | 5.8% |
| Commodities (DBC) | 8.4% | 19.4% | 0.33 | 17.7% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.05 | 16.0% |
| Bitcoin (BTCUSD) | 13.6% | 54.4% | 0.44 | 10.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with REX | |
|---|---|---|---|---|
| REX | 16.1% | 58.4% | 0.48 | - |
| Sector ETF (XLE) | 10.0% | 29.6% | 0.38 | 42.1% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 32.8% |
| Gold (GLD) | 12.5% | 16.1% | 0.64 | 5.9% |
| Commodities (DBC) | 6.7% | 18.0% | 0.29 | 24.4% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 27.0% |
| Bitcoin (BTCUSD) | 60.3% | 66.8% | 1.00 | 12.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/8/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/28/2026 | -1.9% | -5.9% | |
| 3/26/2026 | 6.5% | 7.4% | 13.0% |
| 12/4/2025 | 4.7% | -0.6% | -4.4% |
| 8/27/2025 | -0.2% | 1.2% | 0.9% |
| 5/28/2025 | -6.1% | 1.3% | 15.7% |
| 3/26/2025 | 5.5% | 4.9% | 10.4% |
| 12/3/2024 | -3.5% | -5.8% | -1.7% |
| 8/27/2024 | -5.6% | -10.1% | -3.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 11 | 10 |
| # Negative | 11 | 13 | 13 |
| Median Positive | 6.5% | 7.4% | 11.7% |
| Median Negative | -5.6% | -6.3% | -5.8% |
| Max Positive | 33.7% | 32.1% | 29.9% |
| Max Negative | -18.2% | -18.5% | -21.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/02/2026 | 10-Q |
| 01/31/2026 | 03/30/2026 | 10-K |
| 10/31/2025 | 12/04/2025 | 10-Q |
| 07/31/2025 | 09/02/2025 | 10-Q |
| 04/30/2025 | 06/04/2025 | 10-Q |
| 01/31/2025 | 03/28/2025 | 10-K |
| 10/31/2024 | 12/05/2024 | 10-Q |
| 07/31/2024 | 08/30/2024 | 10-Q |
| 04/30/2024 | 05/30/2024 | 10-Q |
| 01/31/2024 | 03/29/2024 | 10-K |
| 10/31/2023 | 12/04/2023 | 10-Q |
| 07/31/2023 | 09/01/2023 | 10-Q |
| 04/30/2023 | 05/26/2023 | 10-Q |
| 01/31/2023 | 03/30/2023 | 10-K |
| 10/31/2022 | 12/05/2022 | 10-Q |
| 07/31/2022 | 09/01/2022 | 10-Q |
Recent Forward Guidance
Updated 6/1/2026Latest: Q1 2026 Earnings Reported 5/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Capital Expenditures | 220.00 Mil | 225.00 Mil | 230.00 Mil | 0 | Affirmed | Guidance: 225.00 Mil for 2026 | |
Insider Activity
Updated 6/11/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rose, Stuart A | Executive COB | Direct | Sell | 6112026 | 44.52 | 1,129 | 50,267 | 27,872,727 | Form |
| 2 | Rose, Stuart A | Executive COB | Direct | Sell | 6102026 | 45.23 | 13,584 | 614,396 | 28,365,573 | Form |
| 3 | Bruggeman, Douglas | CFO, VP-Finance, Treasurer | Direct | Sell | 6032026 | 48.73 | 5,086 | 247,857 | 12,382,324 | Form |
| 4 | Bruggeman, Douglas | CFO, VP-Finance, Treasurer | Direct | Sell | 4032026 | 45.44 | 2,000 | 90,880 | 11,776,685 | Form |
| 5 | Bruggeman, Douglas | CFO, VP-Finance, Treasurer | Direct | Sell | 4012026 | 45.41 | 5,000 | 227,050 | 11,859,730 | Form |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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