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Highwater Ethanol ( (HEOL) ) has provided an update.
Highwater Ethanol, LLC has reported a successful 2023 Fiscal Year and an up-and-down performance for the first three quarters of 2024, with improved margins in the third quarter. Demand for renewable fuels is strong, with anticipation for increased demand for E15 in the U.S. The company has achieved consistent production efficiencies and is expanding with a new fermenter to further enhance efficiency. With a focus on various renewable technologies and a commitment to sourcing local corn, Highwater Ethanol is well-positioned for the future. The company encourages the use of higher ethanol blends and continues to support the ethanol industry on federal and state levels, aiming to remain profitable for its investors and contribute to regional economic growth.
For an in-depth examination of HEOL stock, go to TipRanks’ Stock Analysis page.