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Pacific Ethanol

Nasdaq:PEIX
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PEIX
Nasdaq
$32M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The last earnings update was 80 days ago. More info.


Add to Portfolio Compare Print
  • Pacific Ethanol has significant price volatility in the past 3 months.
PEIX Share Price and Events
7 Day Returns
-5.9%
NasdaqCM:PEIX
-2.9%
US Oil and Gas
-1.2%
US Market
1 Year Returns
-77.1%
NasdaqCM:PEIX
-16.9%
US Oil and Gas
3.4%
US Market
PEIX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pacific Ethanol (PEIX) -5.9% -23.2% -41.8% -77.1% -88.9% -96.4%
US Oil and Gas -2.9% -1.3% -8% -16.9% -6.1% -38%
US Market -1.2% 0.7% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • PEIX underperformed the Oil and Gas industry which returned -16.9% over the past year.
  • PEIX underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
PEIX
Industry
5yr Volatility vs Market

PEIX Value

 Is Pacific Ethanol undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Pacific Ethanol. This is due to cash flow or dividend data being unavailable. The share price is $0.6402.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pacific Ethanol's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pacific Ethanol's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PEIX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-1.51
NasdaqCM:PEIX Share Price ** NasdaqCM (2019-07-19) in USD $0.64
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 12.61x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pacific Ethanol.

NasdaqCM:PEIX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:PEIX Share Price ÷ EPS (both in USD)

= 0.64 ÷ -1.51

-0.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pacific Ethanol is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Pacific Ethanol is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Pacific Ethanol's expected growth come at a high price?
Raw Data
NasdaqCM:PEIX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
30%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 79 Publicly-Listed Oil and Gas Companies 0.39x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pacific Ethanol, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pacific Ethanol's assets?
Raw Data
NasdaqCM:PEIX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $5.95
NasdaqCM:PEIX Share Price * NasdaqCM (2019-07-19) in USD $0.64
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.06x
United States of America Market PB Ratio Median Figure of 5,247 Publicly-Listed Companies 1.79x
NasdaqCM:PEIX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:PEIX Share Price ÷ Book Value per Share (both in USD)

= 0.64 ÷ 5.95

0.11x

* Primary Listing of Pacific Ethanol.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pacific Ethanol is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Pacific Ethanol's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Pacific Ethanol has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PEIX Future Performance

 How is Pacific Ethanol expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
30%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pacific Ethanol expected to grow at an attractive rate?
  • Pacific Ethanol's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Pacific Ethanol's earnings growth is expected to exceed the United States of America market average.
  • Pacific Ethanol's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PEIX Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PEIX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 30%
NasdaqCM:PEIX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.8%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.8%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:PEIX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PEIX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,875 10 1
2022-12-31 1,787 -14 1
2021-12-31 1,702 -55 1
2020-12-31 1,600 -64 1
2019-12-31 1,460 -3 -39 2
NasdaqCM:PEIX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,471 -22 -67
2018-12-31 1,515 2 -62
2018-09-30 1,576 28 -43
2018-06-30 1,651 26 -36
2018-03-31 1,646 33 -31
2017-12-31 1,632 37 -36
2017-09-30 1,679 57 -10
2017-06-30 1,651 51 -13
2017-03-31 1,669 54 1
2016-12-31 1,625 37 0
2016-09-30 1,560 6 -14
2016-06-30 1,523 -37 -25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pacific Ethanol's earnings are expected to grow significantly at over 20% yearly.
  • Pacific Ethanol's revenue is expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:PEIX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Pacific Ethanol Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PEIX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.20 0.20 0.20 1.00
2022-12-31 -0.29 -0.29 -0.29 1.00
2021-12-31 -1.12 -1.12 -1.12 1.00
2020-12-31 -1.33 -1.33 -1.33 1.00
2019-12-31 -0.82 -0.78 -0.86 2.00
NasdaqCM:PEIX Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -1.51
2018-12-31 -1.42
2018-09-30 -0.99
2018-06-30 -0.82
2018-03-31 -0.73
2017-12-31 -0.85
2017-09-30 -0.23
2017-06-30 -0.31
2017-03-31 0.02
2016-12-31 0.00
2016-09-30 -0.32
2016-06-30 -0.59

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Pacific Ethanol will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Pacific Ethanol's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pacific Ethanol has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PEIX Past Performance

  How has Pacific Ethanol performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pacific Ethanol's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pacific Ethanol does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Pacific Ethanol's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pacific Ethanol's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Pacific Ethanol's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pacific Ethanol Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PEIX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,471.15 -66.59 35.29
2018-12-31 1,515.37 -61.54 36.37
2018-09-30 1,576.23 -42.81 35.59
2018-06-30 1,651.26 -35.50 35.22
2018-03-31 1,645.94 -31.43 35.38
2017-12-31 1,632.26 -36.23 35.12
2017-09-30 1,678.70 -9.87 37.83
2017-06-30 1,651.07 -13.19 35.30
2017-03-31 1,668.73 0.74 32.68
2016-12-31 1,624.76 0.15 31.95
2016-09-30 1,559.80 -13.68 26.10
2016-06-30 1,522.61 -24.82 27.58
2016-03-31 1,327.37 -28.90 25.42
2015-12-31 1,191.18 -20.05 24.97
2015-09-30 1,070.57 -7.37 20.38
2015-06-30 965.52 11.32 17.32
2015-03-31 1,059.05 25.89 17.64
2014-12-31 1,107.41 19.44 16.41
2014-09-30 1,066.55 16.10 16.75
2014-06-30 1,024.86 7.10 14.87
2014-03-31 937.52 -7.42 13.69
2013-12-31 908.44 -2.05 14.02
2013-09-30 890.17 -16.14 12.39
2013-06-30 872.15 -17.14 12.78
2013-03-31 843.78 -20.82 12.77
2012-12-31 816.04 -20.33 12.14
2012-09-30 860.82 -16.87 13.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Pacific Ethanol has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pacific Ethanol has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Pacific Ethanol improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Pacific Ethanol's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pacific Ethanol has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PEIX Health

 How is Pacific Ethanol's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pacific Ethanol's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pacific Ethanol's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Pacific Ethanol's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pacific Ethanol's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pacific Ethanol Company Filings, last reported 3 months ago.

NasdaqCM:PEIX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 309.36 248.92 21.75
2018-12-31 319.37 240.78 26.63
2018-09-30 351.52 234.42 56.09
2018-06-30 360.26 257.77 62.58
2018-03-31 374.63 245.13 57.38
2017-12-31 383.70 248.81 49.49
2017-09-30 396.90 240.30 56.92
2017-06-30 396.42 213.60 91.45
2017-03-31 405.72 196.38 73.73
2016-12-31 418.26 198.53 64.26
2016-09-30 360.48 217.25 40.64
2016-06-30 363.62 215.04 31.67
2016-03-31 358.58 202.97 19.21
2015-12-31 371.54 220.86 52.71
2015-09-30 370.71 207.17 53.06
2015-06-30 210.57 25.56 49.26
2015-03-31 213.90 17.00 42.27
2014-12-31 217.98 34.53 62.08
2014-09-30 214.38 30.48 56.26
2014-06-30 170.09 38.37 25.92
2014-03-31 109.60 71.65 7.85
2013-12-31 98.56 99.16 5.15
2013-09-30 83.81 110.97 9.18
2013-06-30 78.99 119.59 6.98
2013-03-31 73.22 122.33 4.19
2012-12-31 78.76 121.28 7.59
2012-09-30 88.68 119.10 18.67
  • Pacific Ethanol's level of debt (80.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (73.5% vs 80.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Pacific Ethanol has less than a year of cash runway based on current free cash flow.
  • Pacific Ethanol has less than a year of cash runway if free cash flow continues to reduce at historical rates of -25.7% each year.
X
Financial health checks
We assess Pacific Ethanol's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pacific Ethanol has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PEIX Dividends

 What is Pacific Ethanol's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Pacific Ethanol dividends.
If you bought $2,000 of Pacific Ethanol shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Pacific Ethanol's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pacific Ethanol's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:PEIX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:PEIX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Pacific Ethanol has not reported any payouts.
  • Unable to verify if Pacific Ethanol's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pacific Ethanol's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pacific Ethanol has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pacific Ethanol's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pacific Ethanol afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pacific Ethanol has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PEIX Management

 What is the CEO of Pacific Ethanol's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Neil Koehler
COMPENSATION $930,930
AGE 61
TENURE AS CEO 14.3 years
CEO Bio

Mr. Neil M. Koehler is a co-founder of Pacific Ethanol Central, LLC (formerly Aventine Renewable Energy Holdings, Inc.), and serves as its Chief Executive Officer. Mr. Koehler has been the Chief Executive Officer and President of Pacific Ethanol, Inc. since March 2005. He is the Founder of Kinergy Marketing LLC and serves as its Chief Executive Officer. He serves as the President and Chief Executive Officer at Pacific Ethanol Holding Co. LLC. He co-founded Pacific Ethanol, Inc. He served as the Chief Executive Officer of PEI California, a subsidiary of Pacific Ethanol, Inc., since January 2003. He served as President of Pacific Ethanol, Inc. He served as an Interim Chief Operating Officer of Pacific Ethanol, Inc. from April 19, 2006 to June 26, 2006. Mr. Koehler co-founded and served as General Manager of Parallel Products, which he sold to a public company in 1997. He served as the Chairman of PEI California since March 2004. He has been a Director of Pacific Ethanol, Inc. since March 2005. He serves as a Director of Pacific Ethanol Central, LLC, California Renewable Fuels Partnership, Renewable Fuels Association, or RFA and PEI California. He is a sought-after speaker on the issue of renewable fuels and ethanol production opportunities in California. Mr. Koehler has a B.A. degree in Government from Pomona College.

CEO Compensation
  • Neil's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Neil's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Pacific Ethanol management team in years:

9.7
Average Tenure
61
Average Age
  • The average tenure for the Pacific Ethanol management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Neil Koehler

TITLE
Founder
COMPENSATION
$931K
AGE
61
TENURE
14.3 yrs

Bryon McGregor

TITLE
Chief Financial Officer
COMPENSATION
$480K
AGE
55
TENURE
9.7 yrs

Mike Kandris

TITLE
COO & Director
COMPENSATION
$510K
AGE
71
TENURE
6.5 yrs

Christopher Wright

TITLE
VP, General Counsel & Secretary
COMPENSATION
$538K
AGE
66
TENURE
13.1 yrs

Paul Koehler

TITLE
Vice President of Commodities & Corporate Development
AGE
59
TENURE
4 yrs
Board of Directors Tenure

Average tenure and age of the Pacific Ethanol board of directors in years:

13.3
Average Tenure
71
Average Age
  • The average tenure for the Pacific Ethanol board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Bill Jones

TITLE
Founder & Chairman of the Board
COMPENSATION
$263K
AGE
69
TENURE
14.3 yrs

Neil Koehler

TITLE
Founder
COMPENSATION
$931K
AGE
61
TENURE
14.3 yrs

Mike Kandris

TITLE
COO & Director
COMPENSATION
$510K
AGE
71
TENURE
11.1 yrs

Jack Prince

TITLE
Lead Independent Director
COMPENSATION
$188K
AGE
76
TENURE
6.8 yrs

Terry Stone

TITLE
Independent Director
COMPENSATION
$176K
AGE
69
TENURE
14.3 yrs

Doug Kieta

TITLE
Independent Director
COMPENSATION
$176K
AGE
76
TENURE
13.3 yrs

Larry Layne

TITLE
Independent Director
COMPENSATION
$176K
AGE
78
TENURE
11.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Pacific Ethanol individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. Jun 19 Buy James Sneed Individual 05. Jun 19 05. Jun 19 13,299 $0.95 $12,634
X
Management checks
We assess Pacific Ethanol's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pacific Ethanol has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PEIX News

Simply Wall St News

Why Pacific Ethanol, Inc.'s (NASDAQ:PEIX) CEO Pay Matters To You

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … View our latest analysis for Pacific Ethanol How Does Neil Koehler's Compensation Compare With Similar Sized Companies? … Thus we can conclude that Neil Koehler receives more in total compensation than the median of a group of companies in the same market, and of similar size to Pacific Ethanol, Inc..

Simply Wall St -

What Type Of Shareholder Owns Pacific Ethanol, Inc.'s (NASDAQ:PEIX)?

A look at the shareholders of Pacific Ethanol, Inc. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Pacific Ethanol is not a large company by global standards.

Simply Wall St -

Introducing Pacific Ethanol (NASDAQ:PEIX), The Stock That Tanked 91%

Pacific Ethanol isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … In the last half decade, Pacific Ethanol saw its revenue increase by 14% per year.

Simply Wall St -

What Did Pacific Ethanol, Inc.'s (NASDAQ:PEIX) CEO Take Home Last Year?

Neil Koehler became the CEO of Pacific Ethanol, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Neil Koehler's Compensation Compare With Similar Sized Companies?

Simply Wall St -

How Many Insiders Bought Pacific Ethanol, Inc. (NASDAQ:PEIX) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Pacific Ethanol, Inc. … Pacific Ethanol Insider Transactions Over The Last Year. … In the last twelve months there was more buying than selling by Pacific Ethanol insiders

Simply Wall St -

Pacific Ethanol, Inc. (NASDAQ:PEIX): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Pacific Ethanol, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … especially ones that are currently loss-making,

Simply Wall St -

Does Pacific Ethanol Inc (NASDAQ:PEIX) Have A Particularly Volatile Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What Did Pacific Ethanol Inc's (NASDAQ:PEIX) CEO Take Home Last Year?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Neil Koehler's Compensation Compare With Similar Sized Companies. … As you can see, Neil Koehler is paid more than the median CEO pay at companies of a similar size, in the same market

Simply Wall St -

Is Pacific Ethanol Inc (NASDAQ:PEIX) A Financially Sound Company?

While small-cap stocks, such as Pacific Ethanol Inc (NASDAQ:PEIX) with its market cap of US$127.05m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Is Pacific Ethanol Inc (NASDAQ:PEIX) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Pacific Ethanol Inc (NASDAQ:PEIX), with a market cap of US$122.67m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

PEIX Company Info

Description

Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, distillers yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities in the Western states of California, Oregon, and Idaho; and in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California.

Details
Name: Pacific Ethanol, Inc.
PEIX
Exchange: NasdaqCM
Founded: 2003
$31,926,344
49,869,329
Website: http://www.pacificethanol.com
Address: Pacific Ethanol, Inc.
400 Capitol Mall,
Suite 2060,
Sacramento,
California, 95814,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM PEIX Common Stock Nasdaq Capital Market US USD 21. May 2004
DB FPRP Common Stock Deutsche Boerse AG DE EUR 21. May 2004
Number of employees
Current staff
Staff numbers
510
Pacific Ethanol employees.
Industry
Oil and Gas Refining and Marketing
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 02:13
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/05/03
Last earnings filing: 2019/05/03
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.