Red Trail Energy, LLC (REGX) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to Red Trail Energy, LLC (REGX) stock?
Red Trail Energy, LLC (REGX) no longer trades on public markets. The figures below are historical and are not a current quote.
Market cap $153M is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Red Trail Energy, LLC (REGX). Red Trail Energy, LLC is an ethanol producer based in North Dakota, focusing on fuel-grade ethanol, distillers grains, and corn oil. Market cap: $153M, Sector: Energy.
Last analyzed: Mar 18, 2026Analyst Coverage for REGX: REGX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates REGX against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Dated analysis: the newest financial statements on file are 24 months old (Sep 1, 2024), so the figures and score below describe that period, not today.
REGX: 1/2 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Red Trail Energy, LLC (REGX) Energy Operations & Outlook
Red Trail Energy, LLC, founded in 2003, produces and sells fuel-grade ethanol, distillers grains, and corn oil. Operating in the continental United States, the company serves the fuel and animal feed industries. It faces competition in a fluctuating commodity market while navigating the evolving landscape of renewable fuel standards.
What Is the Investment Thesis for REGX?
Red Trail Energy, LLC presents a complex investment case. With a market capitalization of $153M and a negative P/E ratio of -130.09, profitability is a concern, highlighted by a negative profit margin of -0.8%. The company's gross margin stands at 2.8%. A key risk lies in the company's sensitivity to commodity price fluctuations, particularly corn and ethanol. Potential growth catalysts include increasing demand for ethanol as a fuel additive and expansion into new markets for distillers grains and corn oil. However, the company's negative beta of -0.71 suggests a potential disconnect from broader market trends. Investors should closely monitor the company's ability to improve profitability, manage commodity price risk, and capitalize on growth opportunities within the renewable fuels market.
Based on FMP financials and quantitative analysis
REGX Key Highlights
Market Cap of $153M indicates the company's size relative to its peers in the ethanol production industry.
- P/E Ratio of -130.09 reflects current losses and suggests caution for investors focused on immediate profitability.
- Profit Margin of -0.8% highlights the company's struggle to generate profit from its revenue.
- Gross Margin of 2.8% indicates a narrow margin after accounting for the cost of goods sold.
- Beta of -0.71 suggests the stock price moves inversely to the market, potentially offering diversification benefits but also indicating unique risk factors.
Who Are REGX's Competitors?
REGX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BTURF Bathurst Resources Limited | $0.28 | 0.00% | $66.5M | — |
| CETEF Cathedral Energy Services Ltd. | $3.41 | +0.89% | $114M | — |
| GFGY Granite Falls Energy, LLC | $4966.00 | 0.00% | $152M | 509-signal |
| HRCXF Hurricane Energy plc | $0.08 | 0.00% | $184M | — |
| ITEEF i3 Energy Plc | $0.14 | +21.85% | $198M | — |
| AMTX Aemetis, Inc. | $2.04 | +0.51% | $144M | — |
| BDCO Blue Dolphin Energy Company | $12.00 | -4.00% | $179M | 449-signal |
| AE Adams Resources & Energy, Inc. | $37.98 | 0.00% | $97.8M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are REGX's Key Strengths?
Established ethanol production facility.
- Access to local corn supply.
- Experienced management team.
- Established relationships with customers.
What Are REGX's Weaknesses?
Dependence on corn prices.
- Exposure to ethanol price volatility.
- Limited product diversification.
- Negative profitability.
What Could Drive REGX Stock Higher?
Potential changes in government regulations regarding renewable fuel standards could impact demand for ethanol.
- Fluctuations in corn prices will continue to influence the company's profitability.
- Demand for ethanol as a fuel additive will drive revenue growth.
- Expansion into new markets for distillers grains could increase sales.
- Potential partnerships or acquisitions could expand the company's operations.
What Are the Key Risks for REGX?
Negative return on equity (-1.5%) — the business is not currently generating profit on shareholder capital.
- Decreasing demand for gasoline could reduce demand for ethanol.
- Competition from other ethanol producers could impact market share.
- Changes in government subsidies for renewable fuels could affect profitability.
- Negative profitability and low gross margins raise concerns about financial sustainability.
- Environmental regulations related to ethanol production could increase costs.
What Are the Growth Opportunities for REGX?
- Expansion of Distillers Grains Market: Red Trail Energy can capitalize on the growing demand for animal feed by expanding its market for distillers grains. The global animal feed market is projected to reach $500 billion by 2028, driven by increasing livestock production. By targeting new geographic regions and livestock segments, Red Trail Energy can increase its revenue from distillers grains. This expansion can be achieved within the next 2-3 years through strategic partnerships and marketing efforts.
- Increased Ethanol Production Capacity: With growing demand for ethanol as a fuel additive, Red Trail Energy can increase its production capacity to meet this demand. The global ethanol market is expected to reach $120 billion by 2027. By investing in new production facilities or expanding existing ones, the company can increase its market share and revenue. This expansion can be planned and executed over the next 3-5 years, depending on capital availability and regulatory approvals.
- Development of Advanced Biofuels: Red Trail Energy can invest in the development of advanced biofuels, such as cellulosic ethanol, which are derived from non-food sources. The market for advanced biofuels is expected to grow significantly in the coming years, driven by government mandates and consumer demand for sustainable fuels. By developing advanced biofuels, Red Trail Energy can diversify its product portfolio and tap into a new market segment. This development can be a long-term project, requiring research and development efforts over the next 5-7 years.
- Strategic Partnerships and Acquisitions: Red Trail Energy can pursue strategic partnerships and acquisitions to expand its operations and market reach. By partnering with other ethanol producers or animal feed companies, the company can gain access to new markets and technologies. Acquisitions can also provide opportunities to increase production capacity and diversify product offerings. These partnerships and acquisitions can be pursued on an ongoing basis, depending on market conditions and available opportunities.
- Government Incentives and Subsidies: Red Trail Energy can leverage government incentives and subsidies to support its operations and growth. Governments around the world are offering incentives for the production and use of renewable fuels, such as ethanol. By taking advantage of these incentives, Red Trail Energy can reduce its costs and increase its profitability. The availability and terms of these incentives can change over time, so the company needs to stay informed and adapt its strategies accordingly.
What Are REGX's Competitive Advantages?
- Established production facility with existing infrastructure.
- Access to local corn supply in North Dakota.
- Relationships with fuel blenders and animal feed producers.
- Experience in ethanol production and marketing.
- Operational expertise in managing the ethanol production process.
What Does REGX Do?
Red Trail Energy, LLC, established in 2003, is an ethanol production company headquartered in Richardton, North Dakota. The company's primary business involves the production and sale of fuel-grade ethanol, distillers grains, and corn oil. Ethanol, derived primarily from corn, serves as a fuel component, octane enhancer, and oxygenated fuel additive aimed at reducing vehicle emissions. The company's distillers grains, available in dried and modified forms, cater mainly to the dairy and beef industries as animal feed. Additionally, Red Trail Energy produces corn oil, which finds applications in animal feed, industrial processes, and biodiesel production. Red Trail Energy operates within the continental United States, distributing its products to various sectors. The company's operations are influenced by factors such as corn prices, ethanol demand, and government regulations related to renewable fuels. As a player in the ethanol market, Red Trail Energy competes with other ethanol producers and companies involved in the broader biofuels industry. The company aims to provide value to its customers through its product offerings while navigating the challenges and opportunities presented by the evolving energy landscape.
What Products and Services Does REGX Offer?
- Produces fuel-grade ethanol from corn.
- Sells ethanol as a fuel component and octane enhancer.
- Offers distillers dried grains for the dairy and beef industry.
- Provides modified distillers grains for animal feed.
- Produces corn oil for animal feed, industrial uses, and biodiesel production.
- Contributes to reducing vehicle emissions through oxygenated fuel additives.
How Does REGX Make Money?
- Procures corn and other grains as raw materials.
- Converts raw materials into ethanol, distillers grains, and corn oil.
- Sells ethanol to fuel blenders and distributors.
- Sells distillers grains to animal feed producers and farmers.
- Sells corn oil to various industries, including animal feed and biodiesel.
What Industry Does REGX Operate In?
Red Trail Energy, LLC operates within the oil & gas refining & marketing industry, specifically focusing on ethanol production. The industry is influenced by factors such as government regulations, renewable fuel standards, and commodity prices. The market for ethanol is driven by its use as a fuel additive and its role in reducing vehicle emissions. The competitive landscape includes other ethanol producers and companies involved in the broader biofuels industry. The industry is subject to fluctuations in corn prices and ethanol demand, impacting profitability and growth prospects.
Who Are REGX's Key Customers?
- Fuel blenders and distributors who mix ethanol with gasoline.
- Animal feed producers who use distillers grains in their feed formulations.
- Farmers who use distillers grains as a feed supplement for livestock.
- Industrial companies that use corn oil in their processes.
- Biodiesel producers who use corn oil as a feedstock.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● No filing on record
- ● No analyst coverage
Financial Health
Red Trail Energy, LLC's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 5.34 places it in the safe zone, indicating low near-term bankruptcy risk.
Key Financial Metrics
Return on equity for Red Trail Energy, LLC stands at -1.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -1.1%, showing how much profit it generates from its asset base. Its free cash flow yield is 0.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.82 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.8%, the inverse of the P/E and a quick read on earnings relative to price.
Red Trail Energy, LLC (REGX) Valuation Context
Valued at $153M, REGX is classified as a micro-cap stock.
REGX Revenue & Earnings Trend
In Sep 2024, REGX generated $37.8M in top-line revenue, marking a sequential increase of 9.3%. The company recorded a net loss of $732K, with diluted EPS of $-0.02. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this micro-cap Energy company.
Company Profile
Red Trail Energy, LLC operates in the Oil & Gas Refining & Marketing industry within the Energy sector. It is headquartered in Richardton, US. The company is led by CEO Jodi Johnson. REGX has traded publicly since 2012.
REGX Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Established ethanol production facility.
- Access to local corn supply.
- Experienced management team.
- Established relationships with customers.
Bear Case
- Dependence on corn prices.
- Exposure to ethanol price volatility.
- Limited product diversification.
- Negative profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Sep 2024 | $38M | -$732,201 | -$0.02 |
| Jun 2024 | $35M | $4M | $0.09 |
| Mar 2024 | $34M | -$6M | -$0.16 |
Based on FMP financials and quantitative analysis
REGX Latest News
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Stocks That Hit 52-Week Lows On Friday
· Oct 25, 2019
Leadership: Jodi Johnson
Managing
Jodi Johnson is the managing leader at Red Trail Energy, LLC, overseeing the company's operations and strategic direction. However, as the managing leader, Johnson is responsible for guiding the company's ethanol production, sales, and overall business strategy.
Track Record: As the managing leader, Jodi Johnson is responsible for the overall performance of Red Trail Energy, LLC. Specific achievements and milestones under Johnson's leadership are not detailed in the provided data. However, the company's continued operation and production of ethanol, distillers grains, and corn oil suggest ongoing management and strategic decision-making.
REGX OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Red Trail Energy, LLC may not meet the minimum financial standards or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk and greater potential for volatility.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Low trading volume and wide bid-ask spreads can lead to price volatility.
- Potential for fraud or manipulation is higher on the OTC Other tier.
- Lack of regulatory oversight increases investment risk.
- Company may not meet minimum financial standards for higher tiers.
- Verify the company's registration and legal status.
- Review any available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading volume and price activity.
- Consult with a financial advisor.
- Company has been in operation since 2003.
- Produces and sells tangible products (ethanol, distillers grains, corn oil).
- Operates a production facility in Richardton, North Dakota.
- Employs 48 people.
- Has a market capitalization of $153M.
REGX Energy Stock FAQ
What happened to Red Trail Energy, LLC (REGX) stock?
Red Trail Energy, LLC (REGX) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy REGX shares?
No. REGX stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for REGX elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before REGX stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Red Trail Energy, LLC. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Red Trail Energy, LLC do?
Red Trail Energy, LLC produces and sells fuel-grade ethanol, distillers grains, and corn oil. The company's primary product is ethanol, which is used as a fuel component, octane enhancer, and oxygenated fuel additive. They also produce distillers grains, a byproduct of ethanol production, which is sold as animal feed.
What do analysts say about REGX stock?
However, key valuation metrics include a market capitalization of $153M and a negative P/E ratio of -130.09, indicating current losses.
What are the main risks for REGX?
Red Trail Energy, LLC faces several risks, including fluctuations in corn prices, which directly impact the cost of production. Ethanol price volatility also poses a risk, as it affects the company's revenue and profitability.
How exposed is REGX to commodity price fluctuations?
Red Trail Energy, LLC is significantly exposed to commodity price fluctuations, particularly in corn and ethanol markets. Corn is the primary raw material for ethanol production, so any increase in corn prices directly impacts the company's cost of goods sold.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial information available for Red Trail Energy, LLC.
- OTC market stocks carry higher risk than exchange-listed stocks.