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Renova Energy PLC - Earning & Dividend Analysis Snapshot
This detailed Report provides an Earnings and Dividends history for Renova Energy PLC. Tabular results include up to a ten-year history of "as reported" Earnings per Share and Dividends per Share plus a calculation of the amount of earnings paid out over the year in dividends (i.e. Payout Ratio). Earnings and Dividends are presented on both a Quarterly and Annual basis. An annual Percent Change factor is calculated for both Earnings and Dividends.
Renova Energy PLC. The Group's principal activity is marketing, producing and distributing fuel grade ethanol. The Group has a network of bulk storage terminals located throughout its market area. This network enables the Group to provide its customers with access to a lower cost alternative to regular gasoline. Customers collect the product en route from refineries or gasoline distribution outlets to their retail outlets and the ethanol is 'splash blended' with the gasoline in the tanker whilst in transit. Splash blending is a process achieved through the combination of ethanol and gasoline in the tanker. The Group has 85 ethanol plants in the United States of America with a total production capacity of 3.8 Bgal/y. A further 15 plants with 739 MMgal/y capacity are under construction. The plants are concentrated in the Mid-West states of Illinois, Iowa, Minnesota, Nebraska and South Dakota.
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