공지 • Apr 21
FutureFuel Corp. to Report Q1, 2026 Results on May 11, 2026 FutureFuel Corp. announced that they will report Q1, 2026 results After-Market on May 11, 2026 Declared Dividend • Apr 04
Fourth quarter dividend reduced to US$0.01 Dividend of US$0.01 is 83% lower than last year. Ex-date: 4th June 2026 Payment date: 18th June 2026 Dividend yield will be 4.5%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. 공지 • Mar 31
FutureFuel Corp. Declares Dividend for the Second Quarter of 2026, Payable on June 18, 2026 FutureFuel Corp. announced that its Board of Directors has reduced its quarterly dividend to $0.01 per share effective for the second quarter of 2026. The second quarter dividend was declared with a record date of June 4, 2026, and a payment date of June 18, 2026. Reported Earnings • Mar 18
Full year 2025 earnings released: US$1.13 loss per share (vs US$0.35 profit in FY 2024) Full year 2025 results: US$1.13 loss per share (down from US$0.35 profit in FY 2024). Revenue: US$95.7m (down 61% from FY 2024). Net loss: US$49.4m (down 419% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. 공지 • Feb 26
FutureFuel Corp. to Report Fiscal Year 2025 Results on Mar 16, 2026 FutureFuel Corp. announced that they will report fiscal year 2025 results After-Market on Mar 16, 2026 Upcoming Dividend • Feb 25
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 04 March 2026. Payment date: 18 March 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.5%. Within top quartile of American dividend payers (4.2%). Higher than average of industry peers (3.5%). Board Change • Jan 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Chairman of the Board Roeland Polet was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공지 • Dec 11
FutureFuel Corp. Declares Dividend for the First Quarter of 2026, Payable on March 18, 2026 FutureFuel Corp. announced that it has declared its first quarter 2026 dividend, normal cash dividend of USD 0.06 per share, payable to shareholders of record on March 4, 2026. The dividend will be paid on March 18, 2026. 공지 • Dec 09
Futurefuel Announces Board Changes, Effective December 4, 2025 FutureFuel Corp. announced that effective as of December 4, 2025 (the “Effective Date”), the Board of Directors (the “Board”) of FutureFuel Corp. (the “Company”) increased the size of the Board to nine members and the Company appointed Roeland Polet, the Company’s Chief Executive Officer, as a Class A member of the Board until his successor is duly elected and qualified or until his earlier death, resignation or removal.Mr. Polet has served as Chief Executive Officer of the Company since September 3, 2024. Prior to joining the Company, he served as the Chief Executive Officer, DSM Materials Businesses, for Koninklijke DSM N.V., a Dutch multinational corporation headquartered in Heerlen, Netherlands and publicly traded company with ordinary shares listed on the NYSE Euronext stock exchange in Amsterdam (“DSM”). He served in such role from 2019 to 2023 and also served in other senior leadership roles for DSM from 2015 to 2022, including President and Chief Executive Officer, Protective Materials, and President and Chief Executive Officer, Engineering Materials. Prior to his service at DSM, Mr. Polet served in senior leadership roles at Valspar Corporation, Celanese Corporation and Carbolite Foods Inc.Mr. Polet has extensive global business experience including in the United States, Asia and Europe. Mr. Polet received a bachelor of arts, economics, from Sate University of New York at Buffalo. Donald C. Bedell, Chairman of the Board and an independent member of Board, has determined to resign as Chairman of the Board, effective as of the Effective Date, and will continue to serve as a member of the Board. The Board thanks Mr. Bedell for his dedicated service to the Company as Chairman of the Board. As of the Effective Date, the Company appointed Mr. Polet to replace Mr. Bedell as Chairman of the Board and, because Mr. Polet currently serves as the Company’s Chief Executive Officer, the Board appointed G. Bruce Greer, an independent director, as Lead Independent Director to collaborate with Mr. Polet and to contribute to the functioning and oversight of the Board. 공지 • Oct 22
FutureFuel Corp. to Report Q3, 2025 Results on Nov 10, 2025 FutureFuel Corp. announced that they will report Q3, 2025 results After-Market on Nov 10, 2025 공지 • Oct 15
Futurefuel Corp. Announces Updates in Respect of Business FutureFuel Corp. announced decided to close remote headquarters in St. Louis, Missouri and consolidate all corporate activities and key personnel at Batesville, Arkansas, production facility. 공지 • Oct 03
FutureFuel Corp., Annual General Meeting, Nov 11, 2025 FutureFuel Corp., Annual General Meeting, Nov 11, 2025. Location: 8235 forsyth blvd., 6th floor, westward room, missouri 63105, clayton United States 공지 • Sep 30
Futurefuel Corp. Announces Resignation of Terrance C.Z. Egger from the Board, Effective November 11, 2025 FutureFuel Corp. announced that Terrance C.Z. Egger, a member of the Board of Directors (the “Board”) of the Company, has determined not to stand for re-election to the Board at the Company’s 2025 annual meeting, which is set for November 11, 2025 (the “Annual Meeting”), and to thereby retire from the Board effective as of the Annual Meeting. Prior to his resignation, Mr. Egger served on the Audit Committee of the Board and as chair of the Nominating/Corporate Governance Committee. Mr. Egger’s resignation was not the result of any dispute or disagreement with the Company or the Board. Mr. Egger had served on the Board of Directors since 2015. The Company thanks Mr. Egger for his dedicated service to the Company. As a result of Mr. Egger’s decision, the Board has approved a reduction in the size of the Board to eight members to be effective as of the Annual Meeting. Declared Dividend • Sep 19
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th December 2025 Payment date: 18th December 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. 공지 • Jul 02
FutureFuel Corp. to Report Q2, 2025 Results on Aug 11, 2025 FutureFuel Corp. announced that they will report Q2, 2025 results After-Market on Aug 11, 2025 공지 • Jun 18
FutureFuel Corp Idles Biodiesel Production Amidst Regulatory Uncertainty, Shifts Full Focus to Specialty Chemicals Growth FutureFuel Corp. announced its decision to temporarily idle biodiesel production upon completion of its remaining contractual obligations, anticipated to occur by the end of June. This decision comes despite welcome news last week from the U.S. Environmental Protection Agency (the “EPA”) proposing to increase biomass-based diesel mandates for 2026 and 2027 to 7.12 and 7.50 billion Renewable Identification Numbers (“RINs”), respectively, a significant jump from 3.35 billion gallons and 5.36 billion gallons in 2025 and 2026, respectively."We welcome the EPA’s proposed increase in biomass-based diesel mandates and thank all who supported this positive change," said Roeland Polet, CEO. "Unfortunately, without clarity on the Clean Fuel Producers Tax Credit (IRA 45Z), which was intended to replace the expired $1 per gallon Blenders Tax Credit (40(A)), FutureFuel has determined it must temporarily idle its biodiesel production for the time being."FutureFuel remains committed to the production of biodiesel and intends to restart production once regulatory conditions improve. The company's Batesville facility boasts flexible production capacity, allowing it to seamlessly switch between specialty chemicals and biodiesel. This unique capability sets FutureFuel apart from other biodiesel producers. In response to current challenges in the biodiesel industry, FutureFuel will redirect certain capacity from biodiesel production to support the growth of its specialty chemicals business. The company also anticipates that investment in new product capacity at its facility will come online in mid-2025. Furthermore, FutureFuel is actively pursuing and executing a robust pipeline of chemical projects for the second half of 2025 and 2026. 공지 • Apr 11
FutureFuel Corp. to Report Q1, 2025 Results on May 12, 2025 FutureFuel Corp. announced that they will report Q1, 2025 results After-Market on May 12, 2025 공지 • Apr 04
FutureFuel Corp. Announces Appointment of Pamela R. Butcher as Director FutureFuel Corp. announced that its Board of Directors (the “Board”) increased the size of the Board to nine members and, effective April 3, 2025, the Company appointed Pamela R. Butcher as a Class C member of the Board until her successor is duly elected and qualified or until her earlier death, resignation or removal. Ms. Butcher has served as a director on the boards of publicly traded and privately held companies and has extensive business management and marketing experience in the chemical industry. Currently, she is a member of the board of directors of J.M. Huber Corporation and Pilot Chemical Corp. (“Pilot”), since 2022 and 2016, respectively. Previously, Ms. Butcher served as a member of the boards of directors of Arch Resources Inc. (now Core Natural Resources Inc.) from 2023 to 2025, PDC Energy Inc. from 2022 to 2023, Gruden Topco Holdings LP/Quality Distribution Inc. from 2016 to 2021, and Trecora Resources from 2016 to 2022. Ms. Butcher was Chief Executive Officer, President, and Chief Operating Officer of Pilot from 2010 to 2021. From 1980 to 2009, Ms. Butcher worked at The Dow Chemical Company (now Dow Inc.), serving as General Manager Adhesives and Sealants, Vice President Corporate Marketing and Sales, President of Hampshire Chemical Company, and Vice President and Portfolio Manager Specialty Chemicals during her tenure. Ms. Butcher earned a Bachelor of Science in Agronomy and a Masters of Science from Purdue University at West Lafayette. Ms. Butcher is or has been a board member of various other organizations, including the American Cleaning Institute, the Ohio Association of Manufacturers’, the Board of Trustees of the Chemical Education Foundation, and as a member of the National Association of Corporate Directors. 공지 • Mar 20
FutureFuel Corp. announced delayed annual 10-K filing On 03/18/2025, FutureFuel Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Upcoming Dividend • Feb 25
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 04 March 2025. Payment date: 18 March 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.0%). 공지 • Feb 21
FutureFuel Corp. to Report Fiscal Year 2024 Results on Mar 14, 2025 FutureFuel Corp. announced that they will report fiscal year 2024 results at 4:00 PM, US Eastern Standard Time on Mar 14, 2025 Declared Dividend • Feb 06
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th March 2025 Payment date: 18th March 2025 Dividend yield will be 54%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Dec 19
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th March 2025 Payment date: 18th March 2025 Dividend yield will be 53%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공지 • Dec 09
FutureFuel Corp. Declares Quarterly Cash Dividend Program for 2025, Payable on March 18, 2025; June 18, 2025; September 18, 2025 and December 18, 2025 Respectively FutureFuel Corp. announced that it has declared its 2025 quarterly dividend program, declaring normal quarterly cash dividends of USD 0.06 per share. Record Dates: March 4, 2025; June 4, 2025; September 4, 2025 and December 4, 2025. Payment Dates: March 18, 2025; June 18, 2025; September 18, 2025 and December 18, 2025. Upcoming Dividend • Nov 27
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 04 December 2024. Payment date: 18 December 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.2%). Higher than average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$5.19, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 11x in the Oil and Gas industry in the US. Total loss to shareholders of 1.2% over the past three years. Recent Insider Transactions • Nov 14
Chief Executive Officer recently bought US$51k worth of stock On the 13th of November, Roeland Polet bought around 10k shares on-market at roughly US$5.11 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Roeland's only on-market trade for the last 12 months. Reported Earnings • Nov 10
Third quarter 2024 earnings released: US$0.027 loss per share (vs US$0.063 profit in 3Q 2023) Third quarter 2024 results: US$0.027 loss per share (down from US$0.063 profit in 3Q 2023). Revenue: US$51.1m (down 56% from 3Q 2023). Net loss: US$1.20m (down 143% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. 공지 • Oct 09
FutureFuel Corp. to Report Q3, 2024 Results on Nov 08, 2024 FutureFuel Corp. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 08, 2024 Declared Dividend • Sep 05
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th December 2024 Payment date: 18th December 2024 Dividend yield will be 47%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Aug 28
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 04 September 2024. Payment date: 18 September 2024. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.3%). In line with average of industry peers (4.0%). 공지 • Aug 20
FutureFuel Corp. Appoints Roeland Polet as Chief Executive Officer, Effective as of September 3, 2024 FutureFuel Corp. announced that it had appointed Roeland Polet as Chief Executive Officer of the Company effective as of September 3, 2024. Mr. Polet succeeds Tom McKinlay who previously announced his retirement as Chief Executive Officer. Polet, brings over 35 years of leadership experience and a track record of value creation and team building within global leading specialty chemicals companies. From 2015 to 2023, he held general management roles for Koninklijke DSM N.V., culminating in Chief Executive Officer, DSM Materials. Here, Polet contributed to significant gains in market share and profitability through organic strategy, M&A initiatives, and operational and commercial excellence. Prior, Polet worked in senior leadership roles for Valspar Corporation, Celanese Corporation and Carbolite Foods Inc. in the United States, Asia, and Europe. He holds a bachelor’s degree in economics from State University of New York at Buffalo. He will continue to serve as Non-Executive Director at Envalior, a joint venture between Lanxess and Advent International. In his new role as Chief Executive Officer, Polet will focus on leveraging FutureFuel’s legacy of market-leading innovation to expand its market presence, commercialize new products and technologies, and drive performance. 공지 • Aug 14
FutureFuel Corp Appoints Richard P. Rowe as Class B Member of the Board FutureFuel Corp. announced that its Board of Directors (the “Board”) appointed Richard P. Rowe effective August 13, 2024 as a Class B member of the Board until his successor is duly elected and qualified or until his earlier death, resignation or removal. Mr. Rowe has served as President of RPR Global Solutions, LLC, an advisory firm that provides advisory services to companies in the specialty chemicals and materials industries, since February 2022. After serving in various leadership positions for over 20 years at Arkema, S.A., a multi-national manufacturer of specialty materials and chemicals, Mr. Rowe served as President and Chief Executive Officer of Arkema Inc., a North American subsidiary of Arkema S.A., from July 2015 through November 2021, and served on the boards of various subsidiaries of Arkema S.A., such as Arkema Mexico Arkema Canada, and Bostik Inc., and Arkema joint ventures such as Arkema-Yoshitomi (Japan), Nitta-Findley (Japan), and Seki-Arkema (Korea). Mr. Rowe chaired the Global Fluorochemical Producers Forum and served on the American Chemistry Council Board as well as its Responsible Care and Sustainability committees for more than six years. Mr. Rowe serves as Vice President of Pediatric Pharmaceuticals and also as Vice President of Club Longboat Beach & Tennis. Mr. Rowe will be compensated in accordance with the director compensation arrangements for 2024, pro-rated for his first year of service, as described in the Company’s Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission on March 14, 2024 under the heading “Compensation of Directors.” Mr. Rowe will also be granted an option to purchase 10,000 shares of the Company’s common stock under the Company’s 2017 Omnibus Incentive Plan which will expire in August 2029. In connection with this award, Mr. Rowe entered into an Award Agreement dated August 13, 2024. 공지 • Aug 13
FutureFuel Corp., Annual General Meeting, Sep 19, 2024 FutureFuel Corp., Annual General Meeting, Sep 19, 2024. Location: 8235forsyth blvd, 6th floor, westward room, missouri 63105, clayton United States Buy Or Sell Opportunity • Aug 12
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to US$5.54. The fair value is estimated to be US$4.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 34%. Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: US$0.22 (vs US$0.23 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.22 (up from US$0.23 loss in 2Q 2023). Revenue: US$72.4m (down 15% from 2Q 2023). Net income: US$9.57m (up US$19.4m from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$4.75, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 10x in the Oil and Gas industry in the US. Total loss to shareholders of 12% over the past three years. 공지 • Jul 11
FutureFuel Corp. to Report Q2, 2024 Results on Aug 09, 2024 FutureFuel Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 09, 2024 공지 • Jun 25
Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Futurefuel Corp. Investors – FF Rosen Law Firm announced it has filed a class action lawsuit on behalf of purchasers of the securities of FutureFuel Corp. between August 10, 2023 and May 10, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for FutureFuel investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: FutureFuel did not have adequate internal controls; FutureFuel’s financial statements were misstated; and as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If one wish to serve as lead plaintiff, must move the Court no later than August 23, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Recent Insider Transactions • Jun 14
Independent Director recently bought US$458k worth of stock On the 13th of June, Ronald Kruszewski bought around 100k shares on-market at roughly US$4.58 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$647k more in shares than they have sold in the last 12 months. Declared Dividend • Jun 05
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th September 2024 Payment date: 18th September 2024 Dividend yield will be 62%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 43% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.0% EPS decline seen over the last 5 years. Recent Insider Transactions • Jun 04
Chief Executive Officer recently bought US$88k worth of stock On the 3rd of June, Thomas McKinlay bought around 20k shares on-market at roughly US$4.38 per share. This transaction increased Thomas' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months. 공지 • May 30
FutureFuel Corp. Announces the Retirement of Tom Mckinlay as Chief Executive Officer, Effective September 30, 2024 FutureFuel Corp. announced that Tom McKinlay, company’s Chief Executive Officer, informed that he will retire effective September 30, 2024. The company has retained an executive search firm to conduct a nationwide search to replace Mr. McKinlay as Chief Executive Officer. The company and Mr. McKinlay have entered into a separation agreement to provide for an orderly transition of Mr. McKinlay’s duties and responsibilities. Upcoming Dividend • May 28
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 04 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (4.0%). Reported Earnings • May 13
First quarter 2024 earnings released: EPS: US$0.099 (vs US$0.48 in 1Q 2023) First quarter 2024 results: EPS: US$0.099 (down from US$0.48 in 1Q 2023). Revenue: US$58.3m (down 21% from 1Q 2023). Net income: US$4.33m (down 80% from 1Q 2023). Profit margin: 7.4% (down from 28% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 20
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at US$5.63. The fair value is estimated to be US$4.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 19%. Declared Dividend • Apr 11
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th June 2024 Payment date: 18th June 2024 Dividend yield will be 47%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.8% EPS decline seen over the last 5 years. New Risk • Apr 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (12% average weekly change). Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to US$5.75, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 10x in the Oil and Gas industry in the US. Total loss to shareholders of 21% over the past three years. 공지 • Apr 09
FutureFuel Corp. to Report Q1, 2024 Results on May 09, 2024 FutureFuel Corp. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 09, 2024 Upcoming Dividend • Apr 03
Upcoming dividend of US$2.50 per share Eligible shareholders must have bought the stock before 10 April 2024. Payment date: 09 April 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (3.9%). 공지 • Mar 19
FutureFuel Corp. Announces Board Changes FutureFuel Corp. announced that its Board of Directors accepted the resignation of Alain J. Louvel from the Board of Directors, effective as of March 12, 2024. Prior to his resignation, Mr. Louvel served on the Audit Committee of the Board. Mr. Louvel’s resignation was not the result of any dispute or disagreement with the company or the Board. Mr. Louvel had served on the Board of Directors since 2018. Effective March 12, 2024, the company appointed G. Bruce Greer to replace Mr. Louvel as a Class C member of the Board until his successor is duly elected and qualified or until his earlier death, resignation or removal. Mr. Greer has served as President of GBGJR Advisors, an advisory firm providing strategic advice to chemical companies, private equity firms and consulting firms, since April 2017. Mr. Greer served as Vice President of Strategic Planning and IT at Olin Corporation (“Olin”) for 12 years. Prior to joining Olin, Mr. Greer spent nine years as a Vice President of Solutia, a public company spin off of The Monsanto Company, heading R&D, Commercial and Corporate Development, Strategy, M&A and running several businesses and was President of Pharma Services, and four years as a Vice President of Gemini Consulting and Services in Europe and the US, a global consulting firm with a focus on chemicals. He was a Vice President/Senior Director of Monsanto, working for the Chairman and at G D Searle. Mr. Greer was Chairman of the Board of Directors of Flexsys America L.P. Mr. Greer spent a year as a Senior Associate at Arthur Andersen LLP where his work focused on cost accounting and chemicals. He was an Assistant Professor at Northwestern University from 1988 through 1991 and served in the U.S. Navy. There are no arrangements between Mr. Greer and any other person pursuant to which he was elected to serve as a director. 공지 • Mar 16
FutureFuel Corp. Declares Special Cash Dividend, Payable on April 9, 2024 FutureFuel Corp. announced that on March 12, 2024, Company declared a special cash dividend of $2.50 per share on common stock payable on April 9, 2024, to holders of record as of the close of business on March 26, 2024. The NYSE has set the ex-dividend date for the Special Dividend to be April 10, 2024. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: US$0.85 (vs US$0.35 in FY 2022) Full year 2023 results: EPS: US$0.85 (up from US$0.35 in FY 2022). Revenue: US$368.3m (down 7.0% from FY 2022). Net income: US$37.4m (up 146% from FY 2022). Profit margin: 10% (up from 3.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. 공지 • Mar 15
FutureFuel Corp. (NYSE:FF) announces an Equity Buyback for $25 million worth of its shares. FutureFuel Corp. (NYSE:FF) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its shares. The program will be valid till March 12, 2026. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$6.88, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 9x in the Oil and Gas industry in the US. Total loss to shareholders of 39% over the past three years. Declared Dividend • Mar 03
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 4th June 2024 Payment date: 18th June 2024 Dividend yield will be 4.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not covered by cash flows (223% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years. Upcoming Dividend • Feb 23
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 01 March 2024. Payment date: 18 March 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (4.4%). 공지 • Feb 14
FutureFuel Corp. to Report Fiscal Year 2023 Results on Mar 14, 2024 FutureFuel Corp. announced that they will report fiscal year 2023 results After-Market on Mar 14, 2024 Declared Dividend • Feb 10
Third quarter dividend of US$0.06 announced Dividend of US$0.06 is the same as last year. Ex-date: 1st March 2024 Payment date: 18th March 2024 Dividend yield will be 4.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not covered by cash flows (223% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years. 공지 • Feb 07
FutureFuel Corp. Declares Quarterly Cash Dividend Program for 2024, Payable on March 18, 2024, June 18, 2024, September 18, 2024 and December 18, 2024 FutureFuel Corp. announced that it has declared its 2024 quarterly dividend program, declaring normal quarterly dividends of USD 0.06 per share. Record dates are March 4, 2024, June 4, 2024, September 4, 2024 and December 4, 2024. Payment dates are March 18, 2024, June 18, 2024, September 18, 2024 and December 18, 2024. Upcoming Dividend • Nov 24
Upcoming dividend of US$0.06 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (2.1%). Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.063 (vs US$0.36 in 3Q 2022) Third quarter 2023 results: EPS: US$0.063 (down from US$0.36 in 3Q 2022). Revenue: US$116.8m (down 1.2% from 3Q 2022). Net income: US$2.78m (down 82% from 3Q 2022). Profit margin: 2.4% (down from 13% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 22% per year. 공지 • Oct 13
FutureFuel Corp. to Report Q3, 2023 Results on Nov 09, 2023 FutureFuel Corp. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 09, 2023 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.06 per share at 3.3% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 25% and the cash payout ratio is 79%. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (2.1%). Board Change • Aug 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Ron Kruszewski was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$7.45, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 15x in the Chemicals industry in the US. Total loss to shareholders of 29% over the past three years.