Rex American Resources Corporation (RX3)
XMUN 
Summary
RX3 Chart
Betting on the Backbone: REX Files for AI Chipmaking ETF
Investor demand for AI chip manufacturers has surged this year. The industry is expected to reach revenues of $1.3 trillion in 2026, according to Yahoo Finance, driven by a global AI infrastructure buildout and a bottleneck for AI semiconductors and hardware.
REX Drone ETF Sees Inflows as Defense Spending Climbs
According to ETF Database, the REX Drone ETF (DRNZ) fund attracted approximately $11.28 million in inflows during the first week of the month. An additional $4.6 million arrived on July 7, bringing its five-day net inflows to $15.88 million.
REX Drone ETF DRNZ Glides Past $100 Million AUM Goalpost
The REX Drone ETF (DRNZ) may only have been on the market for less than a year now, but this fund has certainly enjoyed fortuitous momentum in the past few months. Recently, the fund passed the laudable $100 million threshold for assets under management.
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Rex American Resources Corporation Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Zafar A. Rizvi CEO | XMUN Exchange | US7616241052 ISIN |
| US Country | 132 Employees | - Last Dividend | 16 Sep 2025 Last Split | 5 Nov 1987 IPO Date |
Overview
REX American Resources Corporation, alongside its subsidiaries, operates within the United States focusing on the production and sale of ethanol. The company embarked on its journey in 1980 and is based in Dayton, Ohio. Initially known as REX Stores Corporation, it underwent a name change to REX American Resources Corporation in 2010, reflecting a shift in its core business operations towards renewable energy resources. The primary mission of REX American Resources Corporation is to advocate for and contribute to the energy sector through the production of renewable fuels and by-products.
Products and Services
- Ethanol: A renewable fuel produced by fermenting plant materials, primarily corn in the United States. REX American Resources Corporation capitalizes on the demand for cleaner-burning fuel alternatives by producing and selling ethanol, which is used to increase the octane level in gasoline or as the primary ingredient in E85 fuel.
- Corn: As a versatile crop, corn is not only the primary feedstock for ethanol production at REX American Resources Corporation but is also sold as a commodity. The company harnesses its by-products, including CO2 and distillers grains, for various applications, underlining its commitment to sustainable practices.
- Distillers Grains: A high-protein animal feed produced during the ethanol distillation process. This by-product provides a cost-effective and nutritionally rich alternative for livestock feed, showcasing the company's contribution to the agricultural sector.
- Distillers Corn Oil: Extracted during the ethanol production process, distillers corn oil is utilized in animal feed and for biodiesel production. This demonstrates the company's role in promoting diverse applications of renewable resources.
- Gasoline: REX American Resources Corporation engages in the sale of gasoline, utilizing ethanol as an additive to meet regulatory requirements for renewable fuel standards. The blend of ethanol in gasoline reduces emissions and improves environmental outcomes.
- Natural Gas: While primarily focused on renewable resources, the company also engages in the sale of natural gas. This diversification into different energy markets allows REX American Resources Corporation to maintain a robust presence in the energy sector.
- Dry Distillers Grains with Solubles (DDGS): An enhanced version of distillers grains that includes solubles, offering more nutrients and thus serving as a superior protein source in animal feed. This product underscores the company's innovative approach to maximizing the value of ethanol production by-products.
