Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $7.03 USD
Change Today 0.00 / 0.00%
Volume 207.0K
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

rentech inc (RTK) Snapshot

Open
$7.04
Previous Close
$7.03
Day High
$7.10
Day Low
$6.73
52 Week High
09/2/14 - $22.90
52 Week Low
08/24/15 - $5.39
Market Cap
161.7M
Average Volume 10 Days
226.8K
EPS TTM
$-0.46
Shares Outstanding
23.0M
EX-Date
12/18/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for RENTECH INC (RTK)

rentech inc (RTK) Related Businessweek News

No Related Businessweek News Found

rentech inc (RTK) 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 (RTK) 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 (RTK) Key Developments

Rentech, Inc. Announces Organizational Changes to Improve Performance of Fibre Business

Rentech, Inc. announced organizational changes designed to improve the operations and execution capabilities of its fibre operations. Sean Ebnet is no longer serving as the senior vice president of wood fibre and his last day with the company will be September 30, 2015. Steve Roberts, managing director of Canada, who has led the team responsible for establishing and maintaining customer and commercial relationships for the company’s industrial wood pellet business, will now also lead growth initiatives for this segment of the fibre business. Mr. Roberts has an extensive background in the forest industry, with specific experience in operations management, biomass supply chain management and business development. Dennis Corn, vice president of projects, is responsible for overseeing the completion of the Wawa and Atikokan projects to full production capacity. Mr. Corn is working with the teams on the ground in Ontario and a newly engaged independent engineering firm to identify and resolve the issues limiting full production of the Canadian projects. Mr. Corn’s career spans over 35 years, with a proven track record of successfully developing, managing and completing large complex projects, including natural gas fired, coal fired, geothermal, and biomass to power projects and coal and natural gas-to-liquids projects. Kevin Cain will now serve as vice president of the company's wood chipping business. In this role, Mr. Cain will focus on improving operating and financial performance at all 26 U.S. Fulghum Fibres mills, along with growing Fulghum’s wood chipping business in North America. His leadership at Fulghum has contributed to improved financial performance at the business this year. Mr. Cain is a long-time veteran of the paper and forest products industry, having held roles in forestry, supply chain management, operations and business development. Mark Wilson, CEO of New England Wood Pellet (NEWP), will continue to manage NEWP’s four operating facilities and grow NEWP through acquisitions of wood pellet facilities in the commercial heating market. Messrs. Roberts, Corn, Cain and Wilson will report to Keith Forman, president and CEO of Rentech, effective immediately.

Rentech, Inc. Announces Amended and Restated Articles of Incorporation

Rentech, Inc. announced that pursuant to the Colorado Business Corporation Act of this amendment to the Amended Articles, (A) the Amended Articles are hereby amended by striking the reference to 450,000,000 in Article 4-1 and replacing it with 45,000,000, and (B) pursuant to Article 4-2 of the Amended Articles, each ten (10) shares of Common Stock.

Rentech, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Announces Asset Impairment Charges for the Second Quarter Ended June 30, 2015

Rentech, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company’s revenues were $149,778,000 against $139,200,000 a year ago. The increase Revenue was primarily due to higher chip and bark sales in South America. Operating loss was $72,840,000 against $15,043,000 a year ago. Loss from continuing operations before income taxes was $77,499,000 against $21,643,000 a year ago. Loss from continuing operations was $78,479,000 against $21,466,000 a year ago. Net loss attributable to the company was $53,414,000 or $0.23 per basic and diluted share against $20,645,000 or $0.08 per basic and diluted share a year ago. Adjusted EBITDA was $41,178,000 against $21,300,000 a year ago. For the six months, the company’s revenues were $255,388,000 against $221,519,000 a year ago. Operating loss was $64,906,000 against $12,048,000 a year ago. Loss from continuing operations before income taxes was $75,597,000 against $24,517,000 a year ago. Loss from continuing operations was $78,286,000 against $25,589,000 a year ago. Net loss attributable to the company was $58,363,000 or $0.24 per basic and diluted share against $27,633,000 or $0.11 per basic and diluted share a year ago. Adjusted EBITDA was $58,788,000 against $27,265,000 a year ago. For the quarter, the company announced Pasadena asset impairment of $101,772,000.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RTK:US $7.03 USD 0.00

RTK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Canfor Corp C$20.10 CAD -0.26
Celanese Corp $60.64 USD +0.67
Enviva Partners LP $13.05 USD +0.54
Methanex Corp C$53.84 CAD +0.50
OCI Partners LP $12.18 USD +0.02
View Industry Companies
 

Industry Analysis

RTK

Industry Average

Valuation RTK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 2.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RENTECH INC, please visit www.rentechinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.