Biofuels Digest Indexâ„¢ gains 1.06 percent as ethanol stocks soar; Pacific Ethanol up 41 percent in wake of VeraSun, US BioEnergy merger

The Biofuels Digest Indexâ„¢, a basket of public biofuel stocks, rose 1.06 percent yesterday, buoyed by news of the VeraSun (VSE) merger with US BioEnergy (USBE). VeraSun (VSE) was up 3.10 percent to close at $10.97, while US BioEnergy (USBE) rose 4.86 percent to finish at $8.42 after rising throughout the week.

Pacific Ethanol (PEIX), which would be the industry’s next consolidation candidate owing to its low stock price, rose 41.15 percent to close at $6.62, and Aventine (AVR) rose 5.59 percent to close at $9.26. Winners led losers 2 to 1 for the day as small caps general gained on the news, led by Xethanol (XNL), up 20 percent to $0.36 on the news.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Biofuels Digest Indexâ„¢ rises 0.90 percent to close at 105.14; ethanol stocks surge in wake of VeraSun, US BioEnergy merger and increased hopes for Energy Bill

The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 0.90 percent Friday to close at 105.41. Pure-play ethanol stocks surged on the news of the VeraSun (VSE) and US BioEnergy (US...

Biofuels Digest Index gains 1.73 percent on agribusiness, ethanol recovery

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.73 percent to close at 116.18 on gains in agribusiness and ethanol stocks.  Sector giantArcher Daniels Midland (...

Biofuels Digest Index falls 0.15 percent as agribusiness slips, VeraSun Energy soars post-merger

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.15 percent to close at 116.01 on gains in agribusiness and ethanol stocks.  Sector giant Archer Daniels Midland (A...

Biofuels Digest Indexâ„¢ gains 1.23 percent to 132.88; Pacific Ethanol, Xethanol jump

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, gained 1.23 percent today to close at 132.88 as diversified agribusiness and mid cap ethanol stocks both advanced. Among ...

Biofuels Digest Index component stocks to be revised following VeraSun Energy – US BioEnergy merger

Biofuels Digest will be revising the Biofuels Digest Index of stocks on April 30, occasioned by the merger of VeraSun Energy (VSE) and US BioEnergy (USBE). If you have a nomination for a stock that yo...

Biofuels Digest Index up 2.95 percent on Archer Daniels Midland and VeraSun Energy jumps

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 2.95 percent to close at 118.02 led by ADM and VSE.  Archer Daniels Midland (ADM) gained 3.13 percent to close at ...