REX American Resources Corporation reported fiscal second quarter 2026 net income attributable to shareholders of $34.9 million, or $1.06 per diluted share, compared to $7.1 million, or $0.22 per share, in the prior year period. Revenue increased 6% to $168.5 million, driven by improved pricing and a $18.4 million benefit from production tax credits under Section 45Z. Gross profit surged to $53.3 million from $14.3 million, reflecting better crush margins and tax credit income. The company holds $379.5 million in cash and short-term investments with no bank debt. Additionally, the U.S. EPA issued draft permits for three Class VI injection wells supporting a carbon capture project at the One Earth facility. REX American Resources Corporation operates as an ethanol production company with interests in six facilities.

REX American Resources Corporation approved new employment agreements for Executive Chairman Stuart A. Rose, CEO Zafar A. Rizvi, and CFO Douglas L. Bruggeman, effective February 1, 2026. The agreements include increased annual maximum bonuses and updated termination benefits. REX American Resources Corporation is an energy and agricultural products company.

On June 10, 2026, the Compensation Committee of the Board of Directors approved a Restricted Stock Unit Award Agreement under the REX American Resources Corporation 2026 Incentive Plan. This agreement establishes the framework for granting restricted stock units to eligible participants. The company operates in the energy industry, primarily focused on the production and sale of coal.