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Zacks Analyst Blog Highlights: Aventine Renewable Energy, Pacific Ethanol, Valero, Green Plains Renewable Energy and VeraSun Energy

May 28, 2009 | Comments: 0
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AVRNQ | PEIX | VLO | GPRE | VSUNQ
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For Immediate Release

Chicago, IL – May 28, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Aventine Renewable Energy (AVRNQ - Analyst Report), Pacific Ethanol (PEIX - Snapshot Report), Valero (VLO - Analyst Report), Green Plains Renewable Energy (GPRE) and VeraSun Energy (VSUNQ - Analyst Report).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday’s Analyst Blog:

Ethanol Industry Consolidation

Following a period of optimism in the burgeoning ethanol industry and renewed interest in clean, green renewable energy and energy independence in the U.S., the rapid introduction of new ethanol plants is expected to continue its current phase of bankruptcies and consolidation.

So far in 2009, ten ethanol production plants filed bankruptcy, including those operated by Aventine Renewable Energy (AVRNQ - Analyst Report) and Pacific Ethanol (PEIX - Snapshot Report).

The failures of the ethanol business model were primarily caused by the combination of high corn prices and declining prices of oil and gasoline.

In early 2009 Valero (VLO - Analyst Report) , the crude oil refining and marketing company, purchased seven VeraSun plants in an all-cash $477 million deal.

Now, in the most recent industry development, Green Plains Renewable Energy (GPRE) purchased two ethanol plants previously owned by bankrupt VeraSun Energy (VSUNQ - Analyst Report). The sites were purchased from a lending group led by AgStar Financial Services, which took ownership of the plants during the VeraSun bankruptcy. AgStar is partially financing the transaction with an interest bearing $16 million working capital loan.

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About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=2677

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=4580.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact:
Mark Vickery
Web Content Editor
312-265-9380
Visit: www.zacks.com


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