REX AMERICAN RESOURCES Corp 8K

REX American Resources announced record fiscal Q2 2026 earnings driven by stronger margins and production tax credits and reported key regulatory progress on its carbon capture project with EPA draft permits for three Class VI injection wells.

On September 2, 2026, REX American Resources Corporation reported record fiscal second quarter 2026 results, highlighted by a sharp increase in net income attributable to common shareholders to $34.9 million, or $1.06 per diluted share, up from $7.1 million, or $0.22 per share, in the prior-year quarter, driven by improved ethanol crush margins and $18.4 million of Section 45Z production tax credit income, while also disclosing progress on its One Earth Energy ethanol production expansion and carbon capture and sequestration project, including receipt on August 17, 2026 of U.S. EPA draft permits for three Class VI injection wells and cumulative related capex of $191.2 million, and noting that it ended July 31, 2026 with $379.5 million in cash, cash equivalents and short-term investments and no bank debt.

Filing Facts

CIK

744187

Ticker

-

Form

8K

Source Type

sec

Accession

0000930413-26-002809

Alert Tier

7