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Last €0.72 EUR
Change Today +0.011 / 1.54%
Volume 0.0
RN9 On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 2:09 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

rentech inc (RN9) Snapshot

Open
€0.72
Previous Close
€0.71
Day High
€0.72
Day Low
€0.72
52 Week High
09/3/14 - €1.69
52 Week Low
07/30/15 - €0.69
Market Cap
166.1M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
229.5M
EX-Date
12/18/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for RENTECH INC (RN9)

rentech inc (RN9) Related Businessweek News

No Related Businessweek News Found

rentech inc (RN9) Details

Rentech, Inc., through its subsidiaries, provides wood fiber processing services, wood chips, and wood pellets. The company operates through five segments: East Dubuque; Pasadena; Fulghum Fibres; Wood Pellets: Industrial; and Wood Pellets: NEWP. It manufactures and sells natural-gas based nitrogen fertilizer products in North and South America. The company’s products include ammonia and urea ammonium nitrate solution; and ammonium sulfate, ammonium thiosulfate, and sulfuric acid, which are applied to various crops, including soybeans, potatoes, cotton, canola, alfalfa, corn, and wheat. It also provides wood chipping and wood yard operations services, as well as sells wood chips to the pulp, paper, and packaging industry; produces wood pellets for the industrial power generation, and the residential and commercial heating markets; processes and sells biomass fuel to industrial heat and utility customers; and owns and manages forestland, as well as sells bark to industrial consumers in South America. The company was founded in 1980 and is based in Los Angeles, California.

891 Employees
Last Reported Date: 03/16/15
Founded in 1980

rentech inc (RN9) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $11.5K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $463.5K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $314.4K
Senior Vice President of Wood Fibre
Total Annual Compensation: $294.4K
Senior Vice President of Finance, Accounting ...
Total Annual Compensation: $290.9K
Compensation as of Fiscal Year 2014.

rentech inc (RN9) Key Developments

Rentech, Inc. Approves an Amendment to Articles of Incorporation

Rentech, Inc. announced that at the annual general meeting held on June 17, 2015, shareholders of the company approved an amendment to the company’s amended and restated articles of incorporation to decrease the number of authorized shares of common stock of the company in the event the board elects to effect the reverse stock split using the same stock split ratio.

Rentech, Inc. Announces Unaudited Consolidated Financial and Operating Results for the First Quarter Ended March 31, 2015; Announces EBITDA Guidance for the Full Year 2015

Rentech, Inc. announced unaudited consolidated financial and operating results for the first quarter ended March 31, 2015. The consolidated results of Rentech, Inc. include its wood fibre processing business and Rentech Nitrogen Partners, L.P. The wood fibre processing business consists of Fulghum Fibres (Fulghum); New England Wood Pellet (NEWP), which includes the recently purchased mill from Allegheny Pellet Corporation (Allegheny); and Industrial Wood Pellets, which includes the Canadian pellet plants, business development for industrial pellets, and senior management of the fibre business and corporate allocations. Rentech owns the general partner and approximately 60% of the limited partner interests of Rentech Nitrogen. Rentech Nitrogen’s operating segments are the East Dubuque, Illinois facility and the Pasadena, Texas facility. Rentech Nitrogen’s results for the first quarter of 2015 benefitted from improved prices for ammonium sulfate and lower natural gas prices. Sales volumes for ammonia were significantly higher than in the first quarter last year. At Fulghum, lower South American product sales and reduced volumes at the U.S. and South American chipping facilities negatively affected results in the first quarter compared to the same quarter last year. The two Canadian wood pellet facilities are in commissioning. Since the beginning of February, the company had been satisfying all of the required deliveries to Ontario Power Generation (OPG) with pellets produced by the Atikokan facility. NEWP had a seasonally strong quarter due to good demand for wood pellets in the U.S. Northeast. During the first quarter, it paid $5 million in earn-out consideration to the previous owners of NEWP based on NEWP’s 2014 performance. Consolidated revenues for the first quarter of 2015 were $105.6 million, compared to $82.3 million in the prior year period. Consolidated Adjusted EBITDA for the first quarter of 2015 was $17.6 million, an improvement of $11.6 million compared to the prior year period. Net loss attributable to the company's common shareholders for the first quarter of 2015 was $4.9 million, or $0.02 per diluted share, compared to a net loss of $7.0 million, or a loss of $0.03 per diluted share, for the same period last year. Operating income was $7,934,000 against loss of $2,995,000 for the same period of last year. Income from continuing operations before income taxes and equity in loss of investee was $1,902,000 against loss of $2,874,000 for the same period of last year. Income from continuing operations was $193,000 or $0.02 per diluted share against loss of $4,123,000 or $0.02 per diluted share for the same period of last year. The company announced that even though revenues were down, EBITDA held pretty well, $4 million of EBITDA this quarter versus $4.5 million in the quarter last year. The company announced earnings guidance for the full year 2015. For the full year guidance of $16 million to $17 million of EBITDA.

Wood Pellets: Industrial Reports Unaudited Earnings Results for the First Quarter Ended Mar. 31, 2015

Wood Pellets: Industrial reported unaudited earnings results for the first quarter ended Mar. 31, 2015. Revenues were $1.7 million for the Atikokan mill in the first quarter on deliveries of 9,100 metric tons of wood pellets to OPG. Gross loss was $0.4 million and gross loss margin was (24%) due to operating at partial capacity at the Atikokan mill during commissioning. Adjusted EBITDA loss, including operating losses at the Wawa facility, business development for industrial wood pellets, senior management of the fibre business and corporate allocations, was $3.9 million for the first quarter of 2015, compared to an Adjusted EBITDA loss of $1.7 million for the same period in 2014. Net loss for the first quarter of 2015 was $4.7 million, compared to a net loss of $1.6 million for the same period in 2014.

 

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RN9 Competitors

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Company Last Change
Canfor Corp C$23.26 CAD -0.61
Enviva Partners LP $14.94 USD -0.01
Methanex Corp C$59.92 CAD -0.54
OCI Partners LP $16.25 USD -0.12
Rentech Nitrogen Partners LP $12.21 USD -0.04
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Price/Earnings NM Not Meaningful
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Price/Book 1.7x
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