REX AMERICAN RESOURCES CORP (REX)
Energy · Renewable fuels / biofuels (ethanol production) · NYSE
A diversified ethanol producer with equity stakes in six facilities generating 294 million gallons of effective annual ethanol production, capturing margin through commodity trading and emerging tax credits from low-carbon fuel production.
What REX AMERICAN RESOURCES CORP does
REX American Resources is a holding company that owns majority and significant minority stakes in ethanol production facilities. The company operates three ethanol entities (One Earth Energy, NuGen Energy, and Big River Resources) with a combined six production facilities that shipped approximately 722 million gallons of ethanol in fiscal 2025. REX's operations are centered on ethanol production from corn feedstock and the sale of associated co-products like distillers grains and distillers corn oil.
Themes: renewable energy, biofuels, ethanol production, commodity processing
Fundamentals
- Price$44.67 as of 2026-08-21 close
- Market cap$1.5B as of 2026-08-21
- 1-year return+56.4% 2025-08-21 close $28.56 → 2026-08-21 close $44.67
- P/E15.64 as of 2026-08-24
- Net margin+14.1% as of 2026-08-24
- Gross margin+16.5% as of 2026-08-24
- ROE+15.8% as of 2026-08-24
- Debt / equity0.01 as of 2026-08-24
- Revenue growth (YoY)+2.6% as of 2026-08-24
- Revenue CAGR (3y)-8.7% SEC XBRL
- Beta0.62 as of 2026-08-24
- Last reported earnings2026-05-28 SEC EDGAR Form 8-K (Item 2.02)
How REX compares in its sector
- price-to-earnings ratiomiddle range 118 covered Energy peers, as of 2026-08-24
- net profit marginmiddle range 149 covered Energy peers, as of 2026-08-24
- operating marginmiddle range 149 covered Energy peers, as of 2026-08-24
- gross marginbottom 25% 142 covered Energy peers, as of 2026-08-24
- return on equitymiddle range 152 covered Energy peers, as of 2026-08-24
- 3-year revenue CAGRbottom 25% 138 covered Energy peers
- free cash flow (absolute dollars, latest fiscal year)middle range 95 covered Energy peers, as of FY2026
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How REX AMERICAN RESOURCES CORP looks technically
REX AMERICAN RESOURCES CORP (REX) is trading 11.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 290 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 7 trading days ago (its momentum flipped positive). It made a new 20-day low about 18 trading days ago. It is 16.3% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move.
Trend
7
| Distance from the 200-day | it is trading 11.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +11.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $44.63 | $44.63 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $40.14 | $40.14 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 16 calendar days ago — the swings before that are what the structure reading is measured on | 16 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 290 trading days ago — a "golden cross", a bullish long-term signal | 290 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend) | 14.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30) | 52.0 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($42.50 to $45.43) — its "stochastic" reading is 74 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 74.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 7 trading days ago (its momentum flipped positive) | 7 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $53.36 | $53.36 |
|---|---|---|
| From the 52-week high | it is 16.3% below its 52-week high (its highest price of the past year) | -16.3% |
| Above the 52-week low | it is 62.7% above its 52-week low (its lowest price of the past year) | +62.7% |
| Below the 52-week high | it is 16.3% below its highest point of the past year | 16.3% |
| Since a 20-day breakout | it made a new 20-day low about 18 trading days ago | 18 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $53.36 (set on 2026-05-05) | $53.36 |
| Given back of the 52-week move | over the past year its closes ranged ($27.98 to $51.16), and it has given back roughly a quarter of its rise from last year’s low — 28% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $36.09 to $36.83. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 28.0% |
| From the all-time high | it is 16.3% below its all-time high | -16.3% |
| Nearest price level | it is sitting right on a support level at $44.58 — a price it turned at twice since 2026-05-28, most recently on 2026-08-05. Since 2024-08-21 it has 16 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.2% |
| All-time low | its lowest closing price on record is $0.92 (set on 2009-03-06) | $0.92 |
| Above the all-time low | it is 4755.4% above its all-time low | +4,755% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move | 1st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.18 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.18 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $42.21 and $45.17 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $42.21 – $43.69 – $45.17 |
| Typical daily range (% of price) | its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.6% |
| Stretch from the 200-day average | it is trading 3.9 daily ranges above its 200-day average price (11.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.9 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.03× |
|---|
Candlestick patterns
2
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|---|---|
| Since a bullish engulfing | 7 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 7 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.7% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.7% |
|---|---|---|
| Gap filled | a 2.0% gap up opened on 2026-07-29 has been "filled" 17 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 17 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +1.82% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.2 percentage points (the stock lost 4.9% while the market gained 2.3%) | -7.2% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 11.1 percentage points (the stock lost 8.0% while the market gained 3.1%) | -11.1% |
| vs market, 6 months | over the past 6 months this stock beat the market by 19.6 percentage points (the stock gained 30.7% while the market gained 11.1%) | +19.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 36.0 percentage points (the stock gained 56.4% while the market gained 20.5%) | +36.0% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 2.8% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.1% of the share price. | -2.8% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 6% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $42.24 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +5.8% |
|---|
Price levels it has turned at before
REX last closed at $44.67 on 2026-08-21. Since 2024-08-21 it has turned at 16 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $44.58 | Support | 0.2% below the last close | turned there twice · 2026-05-28 to 2026-08-05 |
| $41.77 | Support | 6.5% below the last close | turned there four times · 2026-03-18 to 2026-07-29 |
| $48.48 | Resistance | 8.5% above the last close | turned there twice · 2026-03-31 to 2026-07-13 |
| $36.33 | Support | 18.7% below the last close | turned there twice · 2025-12-04 to 2026-02-11 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · beating the market · Printed a doji candle · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["High volatility in prices of corn, ethanol, and natural gas.","Dependence on federal policy, subsidies, and tax credits (e.g., Section 45Z).","Operating risks associated with ethanol plant efficiency and logistical interruptions."]
What changed in the latest 10-Q
AI-assisted comparison of REX's 10-Q filed 2026-06-02 against the prior one filed 2025-12-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to OBBBA (Inflation Reduction Act) alongside IRA for tax credits
- Statement that company 'continue[s] to work to identify ways to further reduce our CI score at the One Earth plant with the intention of maximizing tax credits available under the IRA and OBBBA'
- Reference to 'connector pipeline' between One Earth compression facility and sequestration well
- Capital expenditure budget of approximately $220 million to $230 million for expansion and sequestration projects
- Disclosure of $58.7 million spent to date on carbon sequestration project and $0.2 million contractual obligation
- Disclosure of $117.7 million spent on plant capacity expansion and $9.2 million contractual commitment
- Discussion of section 45Z tax credits based on 'gallons of ethanol produced'
- Statement that 'Companies may elect either the 45Q credit or the 45Z credit in periods in which both tax credits are available'
- Note that OBBBA extended 45Z credit availability through December 31, 2029
- Reference to Clean Fuel Production Credit credits ranging from $0.02 to $0.20 per gallon (or $0.10 to $1.00 with wage/apprenticeship requirements)
- Removed:
- Expected EPA draft permit date of 'February 2026' and final permit decision date of 'June 2026'
- Reference to 'CO2 pipeline between the One Earth ethanol plant and the sequestration site or a sequestration well'
- Disclosure of land easements secured from all necessary landowners for CO2 pipeline construction
- Disclosure of subsurface easements for first injection well with 15-year carbon sequestration capacity
- Detailed discussion of Illinois SB 1289 (Safety and Aid for the Environment in Carbon Capture and Sequestration Act) and its requirements
- Discussion of moratorium on issuance of new certificates of authority for CO2 pipeline construction until July 1, 2026 or until federal PHMSA standards finalized
- Discussion of Illinois SB 1723 prohibiting carbon sequestration activities over, under, or through EPA-defined aquifers
- Statement that 'We continue to work to identify ways to reduce our CI score at the One Earth plant with the intention of maximizing tax credits available under the IRA'
- Statement that 45Z credits originally available for 'calendar years 2025 – 2027'
- Reference to credits between '$0.02 and $0.20, or $0.10 and $1.00 if prevailing wage requirements are met'
- Reworded:
- Date reference changed from 'October 31, 2025' to 'April 30, 2026' for ownership interest snapshot
- One Earth Sequestration parent entity reference changed from 'One Earth Energy, LLC' to 'One Earth'
- Expected EPA draft permit timeline changed to 'July 2026' and final decision to 'November 2026'
- 'pipeline' changed to 'connector pipeline' in description of CO2 infrastructure
- Reference to 'further reduce our CI score' (newer) vs. 'reduce our CI score' (older)
- Reference to 'IRA and OBBBA' (newer) vs. 'IRA' alone (older) for tax credit eligibility
- Discussion of 'Trends and Uncertainties' changed from 'certain recently proposed legislation' to 'certain recently adopted legislation and certain recently proposed legislation'
- Credits described as '$0.02 and $0.20 ($0.10 and $1.00 if prevailing wage and apprenticeship requirements are met)' (newer) vs. '$0.02 and $0.20, or $0.10 and $1.00 if prevailing wage requirements are met' (older)
- Notes:
- Newer filing text appears truncated at end ('The. U.S. Department of the Treasury issued pr'), making full assessment of that section impossible
- Older filing text also appears truncated at end, limiting complete comparison of final paragraph
Risk Factors
- Added:
- Added 'EACs' (Energy Attribute Certificates) to Industry Terms in Commonly Used Defined Terms (2026-06-02)
- Added 'ASC 323' (Investments-Equity Method and Joint Ventures) to Accounting and General Business Terms (2026-06-02)
- Added 'RSUs' (Restricted stock units) to Accounting and General Business Terms (2026-06-02)
- Added 'Production tax credit income' line item of $7,549 in Three Months Ended April 30, 2026 Consolidated Statements of Operations (2026-06-02)
- Added 'Paid in capital' of $137 (vs. $66 in January 31, 2026) in balance sheet equity section (2026-06-02)
- Removed:
- Removed 'IRC Section 41' (Credit for Increasing Research Activities) from Industry Terms (2026-06-02 filing removes this from the older 2025-12-04 filing's list)
- Removed 'RIN(s)' definition text; changed to 'RINs' in newer filing (2026-06-02)
- Removed 'Finance lease right-of-use assets' of $18,032 thousand shown in October 31, 2025 balance sheet; newer filing shows different balance sheet dates (April 30, 2026 vs. January 31, 2026)
- Reworded:
- Changed 'Big River, LLC' to 'Big River Resources, LLC' in Corporate Structure definitions (2026-06-02)
- Changed definition of 'Section 45Q/45Q' from 'Section 45Q of the Internal Revenue Code' to 'Section 45Q of the IRC' (2026-06-02)
- Changed definition of 'Section 45Z/45Z' from 'Section 45Z of the Internal Revenue Code' to 'Section 45Z of the IRC' (2026-06-02)
- Changed definition of 'IRC Section 45/Section 45' from 'Internal Revenue Code § 45' to 'IRC § 45' (2026-06-02)
- Notes:
- The two filings cover different quarterly periods (April 30, 2026 vs. October 31, 2025), making direct financial statement comparisons non-comparable on a like-for-like basis
- Balance sheet comparison dates differ: April 30, 2026 and January 31, 2026 (newer) vs. October 31, 2025 and January 31, 2025 (older)
- Consolidated Statements of Operations shows three months ended April 30 for both 2026 and 2025 in newer filing, but three months and nine months ended October 31 in older filing
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 7 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 7 sells ($5M) — 2 selling insiders
- Last 180 days0 buys · 7 sells ($5M) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-18. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about REX's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding REX as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 8,614,283
- Reported value $392,552,873
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
REX had 752,601 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
REX had 2.28% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.85 days to cover at the same settlement.
- Reported short interest (shares) 752,601
- Short interest (% of shares outstanding) 2.28%
- Prior settlement (shares) 701,603
- Reported change 7.27%
- Days to cover (reported) 4.85
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Green Plains Inc. (GPRE)
- Pacific Ethanol (ALTO)
- Archer-Daniels-Midland Company (ADM)
- Valero Energy Corporation (VLO)
- The Andersons, Inc. (ANDE)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare REX vs…
REX AMERICAN RESOURCES CORP is found in…
Frequently asked questions
What does REX AMERICAN RESOURCES CORP (REX) do?
REX American Resources is a holding company that owns majority and significant minority stakes in ethanol production facilities. The company operates three ethanol entities (One Earth Energy, NuGen Energy, and Big River Resources) with a combined six production facilities that shipped approximately 722 million gallons of ethanol in fiscal 2025.
What sector is REX AMERICAN RESOURCES CORP (REX) in?
REX AMERICAN RESOURCES CORP (REX) is classified in the Energy sector. Its industry is Renewable fuels / biofuels (ethanol production). It trades on NYSE.
Who are REX AMERICAN RESOURCES CORP's (REX) competitors?
Notable peers of REX AMERICAN RESOURCES CORP (REX) include Green Plains Inc., Pacific Ethanol, Archer-Daniels-Midland Company, Valero Energy Corporation and The Andersons, Inc.. This peer set is informational only — not financial advice.
Is REX AMERICAN RESOURCES CORP (REX) overbought or oversold right now?
REX AMERICAN RESOURCES CORP (REX) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 52, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on REX come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.