Granite Falls Energy, LLC
GFGY
Other OTC3,600.00
USD
+650.00
- -
CIK
0001181749
ISIN
US3873661074
CUSIP
387366107
Return %
Stock
S&P500
1Y
14.10
26.53
3Y
2.86
76.60
5Y
200.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Kenton Johnson
- Full Time Employees
- 82
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Address
- 15045 Highway 23 SE Granite Falls MN United States of America 56241-0216
- IPO Date
- Feb 24, 2014
- CIK
- 0001181749
- Website
- granitefallsenergy.com
- Similar Companies
- Business
- Granite Falls Energy, LLC (GFGY) produces fuel-grade ethanol, distillers' grains and crude corn oil at its dry mill ethanol plant near Granite Falls, Minnesota; offers wet, modified wet and dried distillers' grains for animal feed including beef and dairy cattle, poultry and hogs, non-edible corn oil primarily for diesel manufacturers and to a lesser extent feed lots and poultry markets, and corn syrup; and sells these products pursuant to marketing agreements throughout the continental United States and international markets. The company's Granite Falls facility maintains an approximate annual production capacity of 63 million gallons of undenatured ethanol, with current permits allowing up to 70 million gallons on a twelve-month rolling sum basis, while its wholly owned subsidiary Heron Lake BioEnergy, LLC operates a similar facility near Heron Lake, Minnesota, with an approximate annual capacity of 65 million gallons and permits up to 72.3 million gallons; Heron Lake, through a wholly owned subsidiary, also operates a natural gas pipeline supplying its ethanol production facility and other customers. Founded in 2000 and headquartered in Granite Falls, Minnesota, Granite Falls Energy serves wholesale gasoline distributors and blenders with ethanol as an octane enhancer, oxygenated fuel additive to reduce vehicle emissions, non-petroleum-based gasoline substitute and renewable fuel to displace imported oil consumption, primarily targeting livestock producers and biofuel markets in the renewable energy sector. In September 2021, Granite Falls Energy completed the acquisition of the remaining 49.3% stake in Heron Lake BioEnergy for $14 million, achieving 100% ownership and integrating management services including CEO, CFO and commodity risk manager roles; the company received a $1 million USDA grant in January 2024 for plant improvement projects; and secured EPA approval in September 2024 under the Efficient Producer pathway for generating Renewable Identification Numbers (RINs) on non-grandfathered corn starch ethanol production at the Granite Falls facility. As of late 2025, Kenton Johnson serves as interim chief executive officer, with Stacie Schuler as chief financial officer, amid routine operations reflected in the mailing of 2025 Alternate Withholding Certificates to non-Minnesota resident investors.