GPP
Green Plains Partners LPGPP
GPP
Delisted
GPP was delisted on the 8th of January, 2024.
About: Green Plains Partners LP is operational in the United States energy sector. Through its subsidiary, it was formed to assist its parent company in the business of fuel, especially ethanol storage and transportation. The company acquires ethanol storage tanks, terminals, transportation, and other related assets essential for its activities. Its Partners generate a substantial portion of its revenues under fee-based commercial agreements for receiving, storing, transferring, and transporting ethanol and other fuels.
Employees: 32
Financial journalist opinion
Neutral
Business Wire
1 year ago
Green Plains Inc. Completes Acquisition of Green Plains Partners LP
OMAHA, Neb.--(BUSINESS WIRE)--Green Plains Inc. (NASDAQ: GPRE) (“Green Plains”) and Green Plains Partners LP (NASDAQ: GPP) (the “Partnership”) today announced the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which Green Plains acquired all of the publicly held common units of the Partnership not already owned by Green Plains and its affiliates in exchange for a combination of 0.405 shares of Green Plai.
Neutral
Business Wire
1 year ago
Green Plains Inc. and Green Plains Partners LP Announce Unitholder Approval of Merger
OMAHA, Neb.--(BUSINESS WIRE)--Green Plains Inc. (NASDAQ: GPRE) (“Green Plains”) and Green Plains Partners LP (NASDAQ: GPP) (the “Partnership”) today announced that the Partnership's common unitholders approved that certain Agreement and Plan of Merger, dated as of September 16, 2023 (the “Merger Agreement”), by and among Green Plains, GPLP Holdings Inc., a wholly owned subsidiary of Green Plains (“Holdings”), GPLP Merger Sub LLC, a wholly owned subsidiary of Holdings (“Merger Sub”), the Partner.
Positive
Seeking Alpha
1 year ago
Green Plains Partners: Can Its Nearly 14% Dividend Yield Be Sustainable?
Green Plains Partners LP warrants a buy rating for its high dividend yield and sustainability. The ethanol market is expected to see significant growth, benefiting GPP's revenue from storage and transportation. Despite potential risks, GPP has stable fundamentals and low volatility, making it a solid choice for dividend investors.
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