Did you know that there are indications that the Neolithic people used ethanol as a beverage 9,000 years ago? Ethanol was first used as fuel in 1840 as lamp fuel. With the price of oil above $90 a barrel, fuel alternatives such as ethanol are receiving closer examination. For an Excel list of all the stocks related to ethanol in some way, with financial data such as PE ratios and yields, which can be sorted and changed, go to WallStreetNewsNetwork.com. The top ten ethanol related stocks ranked by P/E ratio, with market caps over $350 million, are listed below.
Freightcar America Inc ( RAIL ) manufactures railcars used for hauling ethanol and grains. The stock has a P/E of 5.4 and a yield of 0.70%.
Valero Energy Corp ( VLO ) Valero began supplementing their gasolines with ethanol in 2006. The stock has a P/E of 6.6 and a yield of 0.70.
Aventine Renewable ( AVR ) produces and sells ethanol. The stock has a P/E of 8.6.
Tesoro Corp ( TSO ) sells ethanol-blended gasoline. The stock has a P/E of 8.9 and a yield of 0.70%.
Archer Daniels Midland ( ADM ) involved in corn and oilseeds processing. The stock has a P/E of 10.7 and a yield of 1.20%.
Toyota Motor Corp ( TM ) developing ethanol-fueled vehicles The stock has a P/E of 11.
Dow Chemical Co ( DOW ) involved in partnership to use ethanol derived from sugar cane to produce ethylene. The stock has a P/E of 11.9 and a yield of 4.20%.
US BioEnergy ( USBE ) is a grain distiller and seller of ethanol. The stock has a P/E of 12.
The Andersons ( ANDE ) is involved in the management of ethanol production facilities and grain and ethanol trading. The stock has a P/E of 12.6 and a yield of 0.70%.
DuPont ( DD ) developed a measurement and reporting system to increase ethanol production. The stock has a P/E of 13 and a yield of 3.60.
A list of all the stocks related to ethanol in some way, in an Excel format, which can be added to and changed, can be found at WallStreetNewsNetwork.com.
Author does not own any of the above.
By Fred Fuld at Stockerblog.com