Alerts , Energy , Oil & Gas Midstream , GPP
Green Plains Partners LP Sees Major Insider Acquisition by Parent Company Green Plains Inc.
- Acquired: Non-Derivative
On January 9, 2024, Green Plains Partners LP reported a major acquisition by its parent company, Green Plains Inc., of 11,678,285 Common Units worth approximately $143,759,693.25. This marks a significant insider transaction within the Oil & Gas Midstream sector. With no prior transactions in the last year, this move signals a strong belief in the company's future.
The acquisition coincides with a period of fluctuating share prices for GPP, with recent changes of -3.22% over ten days and -12.94% over fifty days. Despite this, the company maintains a healthy financial standing, with a market capitalization of …