Company Quick10K Filing
Green Plains Partners
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 -0 $-0
10-K 2020-02-20 Annual: 2019-12-31
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-02-20 Annual: 2018-12-31
10-Q 2018-11-09 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-07 Quarter: 2018-03-31
10-K 2018-02-14 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-22 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-03 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-18 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-12 Quarter: 2015-06-30
8-K 2020-02-10 Earnings, Exhibits
8-K 2020-01-16 Other Events, Exhibits
8-K 2019-11-05 Earnings, Exhibits
8-K 2019-10-17
8-K 2019-08-05 Earnings, Exhibits
8-K 2019-07-18 Exhibits
8-K 2019-05-08 Officers, Regulation FD, Exhibits
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-04-18 Exhibits
8-K 2019-02-11 Earnings, Exhibits
8-K 2019-01-17 Exhibits
8-K 2018-11-30 Officers
8-K 2018-11-15 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-11-07 Earnings, Exhibits
8-K 2018-10-18 Exhibits
8-K 2018-10-15 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-10-10 Enter Agreement, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-08-01 Leave Agreement
8-K 2018-07-19 Other Events, Exhibits
8-K 2018-07-16 Officers, Exhibits
8-K 2018-05-07 Earnings, Exhibits
8-K 2018-04-19 Other Events, Exhibits
8-K 2018-03-19 Officers
8-K 2018-02-16 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-02-07 Earnings, Exhibits
8-K 2018-01-18 Other Events, Exhibits

Green Plains Partners Financials

GPP Metrics, Comps, Filings

Annual | Quarterly

Business

References to “we,” “our,” “us” or the “partnership” used in present tense for periods beginning on or after July 1, 2015, refer to Green Plains Partners LP and its subsidiaries. References to the “MLP predecessor” used in a historical context for periods ended on or before June 30, 2015, refer to BlendStar LLC and its subsidiaries, the partnership’s predecessor for accounting purposes, and the assets, liabilities and results of operations of the ethanol storage and leased railcar assets contributed by Green Plains in connection with the IPO on July 1, 2015. References to our “sponsor” in transactions subsequent to the IPO refer to Green Plains.

We are a master limited partnership formed by our parent on March 2, 2015. On July 1, 2015, we completed our IPO of 11,500,000 common units representing limited partner interests. Our common units are traded under the symbol “GPP” on Nasdaq. After completing the IPO, in addition to the interests of BlendStar, we obtained the ethanol storage and leased railcar assets and liabilities previously owned and operated by our parent, in a transfer between entities under common control.

On January 1, 2016, we acquired the ethanol storage and leased railcar assets of the Hereford, Texas and Hopewell, Virginia ethanol production facilities from our sponsor in a transfer between entities under common control. The assets were recognized at historical cost and reflected retroactively along with related expenses for periods prior to the effective date of the acquisition, subsequent to the initial dates the assets were acquired by our sponsor, on October 23, 2015, and November 12, 2015, for Hopewell and Hereford, respectively. There were no revenues related to these assets for periods before January 1, 2016, when the amendments to our commercial agreements related to the drop down became effective.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Advanced Emissions Solutions (ADES) 226,923 13% 4.3 19% 187,072 79,311 50,679 6,594 35,017 61,441 264,732
Flotek Industries (FTK) 186,960 22% 1.3 23% 263,816 42,140 192,386 42,112 59,945 70,601 89,451
NL Industries (NL) 181,313 31% 2.8 2% 590,835 262,209 122,335 38,059 10,514 17,344 49,030
LSB Industries (LXU) 102,947 8% 7.4 -4% 1,141,274 819,216 390,190 29,664 -44,038 68,063 501,812
Tantech Holdings (TANH) 50,782 0% 134,194 24,208 0 0 0 0 40,912
Gulf Resources (GURE) 46,631 52% 2.3 -19% 329,564 41,722 6,391 3,296 -63,816 -49,402 -113,723
Flexible Solutions International (FSI) 45,197 36% 7.5 13% 32,237 12,153 23,196 8,394 4,194 5,780 43,201
Gevo (GEVO) 23,414 -41% 0.3 -26% 103,793 18,196 26,689 -11,016 -27,208 -20,752 -5,741
Delta Technology Holdings (DELT) 13,293 0% 67,175 89,982 0 0 0 0 12,275
Synthesis Energy Systems (SES) 6,178 87% -1.0 -125% 9,010 7,748 422 369 -11,219 -9,879 9,502
Pacific Ethanol (PEIX) 42 -1% 137.2 -9% 685,820 384,500 1,406,926 -15,571 -60,060 1,685 231,166
Aemetis (AMTX) 19 2% -16.5 -47% 92,335 231,846 175,987 3,693 -43,557 -11,477 188,919
Element Solutions (ESI)
Methanex Corporation (MEOH)
Braskem (BAK)
Urban Tea (MYT)
Hydrogenics (HYGS)
Green Plains Partners (GPP) 0% 2.3 40% 123,178 197,055 90,935 0 49,544 61,811 139,980
Sinopec Shanghai Petrochemical (SHI) 0% 44,385,897 13,923,456 0 0 0 0 -8,719,811
Westlake Chemical Partners (WLKP) 29% -0.0 23% 1,410,904 438,790 1,268,523 370,148 323,887 431,019 -17,473

Balance Sheet ($'000)2015-12-312016-12-312017-12-312018-12-31
Cash16,385622502569
Accounts Receivable5661,5132,6401,460
Inventory
PP&E35,41551,02248,30540,911
Assets89,55193,77692,26881,144
Accounts Payable9,6994,2805,8542,501
Long-Term Debt8,100137,100135,000142,100
Liabilities24,040157,942155,114153,598
Stockholders' Equity65,511-64,166-62,846-72,454
Income Statement ($'000)2015-12-312016-12-312017-12-312018-12-31
Revenue42,549103,772106,993100,748
Cost of Revenue
Gross Profit
R&D
SG&A3,1144,4234,2235,258
Tax1,006248109101
Net Income16,38156,80558,86755,681
Cash Flow ($'000)2015-12-312016-12-312017-12-312018-12-31
Cash Operating15,96362,19564,05455,391
Cash Investing-1,478-152,849-4,16240
Cash Financing-3,80574,891-60,012-55,364