REX American Resources Corporation (REX) Stock Analysis & Winston Score
REX American Resources Corporation makes ethanol, a type of alcohol that gets blended into the gasoline most cars use. The company owns stakes in several ethanol production plants, mostly in the Midwest where corn is grown nearby. Ethanol is made from corn, so REX is closely tied to the agriculture industry. REX earns money by selling ethanol and related byproducts like distillers grains, which are fed to livestock, and corn oil. The company operates primarily in the central United States and keeps costs low by locating plants close to corn supplies. Its main competitive advantage is a lean operating structure with low debt and a history of holding significant cash reserves. The biggest risk REX faces is the spread between corn prices and ethanol prices, called the crush margin — when corn gets expensive or ethanol prices fall, profits can shrink quickly.
Winston Score: 47/100 — Average
Mixed quality — meaningful strengths and weaknesses.
- Quality: Weak (7/30)
- Growth: Mixed (8/20)
- Cash Flow: Strong (8/10)
- Stability: Exceptional (10/10)
- Valuation: Mixed (4/10)
- Ownership: Good (8/15)
Key Facts
Price: $47.32
Market Cap: $1.6B
Sector: Basic Materials
Industry: Chemicals - Specialty

