REX AMERICAN RESOURCES CORP
REX
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exclusion reason
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This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
REX American Resources Corporation operates as a holding company with interests in alternative energy and ethanol production. Its primary business involves providing essential processing services and infrastructure to the ethanol industry. Ethanol production is an energy-intensive process that relies on fossil fuels for power generation at biorefineries and for the cultivation and transportation of its agricultural feedstocks. The company's operations are thus integrally tied to fossil fuel consumption as an ancillary service provider to the biofuel sector.
The company has faced significant environmental enforcement actions related to its operations. A Consent Decree with federal and state agencies cited REX Energy for presenting "an imminent and substantial endangerment to public health or welfare, or the environment." This action underscores regulatory failures linked to its industrial processes. Additionally, the Commonwealth of Massachusetts pursued an investigation into potential consumer protection violations "arising from the marketing and/or sale of energy and other fossil fuel derived products," indicating broader scrutiny of its market conduct.
Research Sources
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Related Exclusions
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The Naughty List
A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.