« Energy Bill Unlikely To Be Of Much Help | Home | Brazil Ramps Up Ethanol Expansion To 89 New Mills »
Pacific Ethanol Stock Jumps
By Mr Ethanol | July 6, 2007
BizJournals:
Shares of Pacific Ethanol Inc. increased almost 10 percent in midday trading Thursday, before giving back some of the gain.
The Sacramento-based company, an ethanol producer and marketer, did not issue a news release Thursday. However, the company was mentioned in a CNNMoney.com story about the demand for ethanol expected to reach 36 billion gallons by 2022, with more than half coming from plants other than corn.
Pacific Ethanol has ethanol plants in Madera, just north of Fresno, and Windsor, Colo. The company is also in various stages of building ethanol plants in Stockton at the Port of Stockton; Calipatria near the California-Mexico border; Boardman., Ore.; and Burley, Idaho.
Shares of Pacific Ethanol increased $1.09 — or 8 percent — to $14.71 as of 1 p.m., but had reached $14.98 earlier Thursday.
Topics: Ethanol, Industry, News, Stock Market |
Related Posts
- Pacific Ethanol Chairman Sells 174,000 Shares
- Coal Is Hot, Ethanol Is Not
- Bill Gates’s Investment Fund To Sell Shares In Ethanol Producer
- GreenHunter Energy And Orion Ethanol Agree To Merger
- Bill Gates Ditches Ethanol Investment
- US BioEnergy Snaps Up Millennium Ethanol
- Ethanol Significance In Stock Market Investing
- Ethanol Firm Gets Tax Break
- Ethanol Stock Can Be Profitable
- Bill Jones As Subsidized Ethanol Magnate
New Way Of Making Easy Money Online