Green Plains Partners
Market Cap
US$227.4m
Last Updated
2021/01/22 00:53 UTC
Data Sources
Company Financials +
Executive Summary
Green Plains Partners LP provides fuel storage and transportation services in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value average dividend payer.
Share Price & News
How has Green Plains Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GPP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GPP's weekly volatility has decreased from 14% to 5% over the past year.
Market Performance
7 Day Return
-2.6%
GPP
-4.8%
US Oil and Gas
1.4%
US Market
1 Year Return
-33.0%
GPP
-25.3%
US Oil and Gas
22.6%
US Market
Return vs Industry: GPP underperformed the US Oil and Gas industry which returned -23.1% over the past year.
Return vs Market: GPP underperformed the US Market which returned 22.8% over the past year.
Shareholder returns
| GPP | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -4.8% | 1.4% |
| 30 Day | 22.2% | 12.2% | 4.9% |
| 90 Day | 18.1% | 35.4% | 14.6% |
| 1 Year | -27.0%-33.0% | -20.3%-25.3% | 25.4%22.6% |
| 3 Year | -24.4%-45.7% | -33.6%-42.5% | 46.8%37.0% |
| 5 Year | 15.0%-31.7% | -3.1%-21.8% | 132.0%106.1% |
Long-Term Price Volatility Vs. Market
How volatile is Green Plains Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Could Green Plains Partners LP's (NASDAQ:GPP) Investor Composition Impacts Your Returns?2 years ago | Simply Wall St
Should You Buy Green Plains Partners LP (NASDAQ:GPP) At This PE Ratio?2 years ago | Simply Wall St
Is It Time To Buy Green Plains Partners LP (NASDAQ:GPP) Based Off Its PE Ratio?Valuation
Is Green Plains Partners undervalued compared to its fair value and its price relative to the market?
33.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GPP ($9.8) is trading below our estimate of fair value ($14.81)
Significantly Below Fair Value: GPP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GPP is good value based on its PE Ratio (5.6x) compared to the US Oil and Gas industry average (10.3x).
PE vs Market: GPP is good value based on its PE Ratio (5.6x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: GPP is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: GPP has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.
Next Steps
Future Growth
How is Green Plains Partners forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
5.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GPP's forecast earnings growth (5.3% per year) is above the savings rate (2%).
Earnings vs Market: GPP's earnings (5.3% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: GPP's earnings are forecast to grow, but not significantly.
Revenue vs Market: GPP's revenue (2.6% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: GPP's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GPP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Green Plains Partners performed over the past 5 years?
3.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GPP has high quality earnings.
Growing Profit Margin: GPP's current net profit margins (49.1%) are lower than last year (51.9%).
Past Earnings Growth Analysis
Earnings Trend: GPP's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: GPP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GPP had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-32.7%).
Return on Equity
High ROE: GPP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Green Plains Partners's financial position?
Financial Position Analysis
Short Term Liabilities: GPP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GPP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GPP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GPP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GPP's debt is well covered by operating cash flow (38.8%).
Interest Coverage: GPP's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
Next Steps
Dividend
What is Green Plains Partners's current dividend yield, its reliability and sustainability?
4.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GPP's dividend (4.9%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: GPP's dividend (4.9%) is in the top 25% of dividend payers in the US market (3.86%)
Stability and Growth of Payments
Stable Dividend: GPP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GPP has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.8%), GPP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GPP's dividends in 3 years are forecast to be covered by earnings (56.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Todd Becker (55 yo)
5.83yrs
Tenure
US$168,341
Compensation
Mr. Todd A. Becker serves as the President and Chief Executive officer at Green Plains Grain Company TN LLC. Mr. Becker has been the Chief Executive Officer at Green Plains Inc. since January 1, 2009 and i...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD168.34K) is below average for companies of similar size in the US market ($USD989.90K).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.83yrs | US$168.34k | 0.25% $ 564.1k | |
| CFO & Director of Green Plains Holdings LLC | 5.58yrs | US$50.23k | 0.022% $ 49.0k | |
| Chief Legal & Administration Officer of Green Plains Holdings LLC | 3yrs | US$36.65k | no data | |
| Chief Accounting Officer - Green Plains Holdings LLC | 1.67yrs | no data | no data | |
| Senior VP of Investor Relations & Treasurer | 1.17yrs | no data | no data | |
| Executive Vice President of Human Resources - Green Plains Holdings LLC | 5.83yrs | no data | no data | |
| Chief Commercial Officer of Green Plains Holdings LLC | 5.42yrs | no data | no data |
3.0yrs
Average Tenure
56yo
Average Age
Experienced Management: GPP's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.83yrs | US$168.34k | 0.25% $ 564.1k | |
| CFO & Director of Green Plains Holdings LLC | 5.58yrs | US$50.23k | 0.022% $ 49.0k | |
| Director of Green Plains Holdings LLC | 6yrs | US$140.00k | 0.17% $ 394.7k | |
| Independent Director of Green Plains Holdings LLC | 5.42yrs | US$150.00k | 0.22% $ 492.6k | |
| Independent Director of Green Plains Holdings LLC | 4.75yrs | US$145.00k | 0.14% $ 321.6k | |
| Independent Director of Green Plains Holdings LLC | 2.5yrs | US$140.00k | 0.12% $ 276.5k |
5.4yrs
Average Tenure
56.5yo
Average Age
Experienced Board: GPP's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Green Plains Partners LP's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Green Plains Partners LP
- Ticker: GPP
- Exchange: NasdaqGM
- Founded: 2015
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$227.440m
- Shares outstanding: 23.21m
- Website: https://www.greenplainspartners.com
Location
- Green Plains Partners LP
- 1811 Aksarben Drive
- Omaha
- Nebraska
- 68106
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GPP | NasdaqGM (Nasdaq Global Market) | Yes | Common Units | US | USD | Jun 2015 |
Biography
Green Plains Partners LP provides fuel storage and transportation services in the United States. It acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation ass...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:53 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.