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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.

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) began supplementing its 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) is 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.

    Disclosure: The author does not own any of the above.

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    This article has 2 comments:

    •  
      I found this article somewhat interesting but you misspelled 'ethanol' in the title so thumbs down!
      2007 Dec 01 09:32 PM | Link | Reply
    •  
      Somone spelled Elthanol wrong! ;-)
      2007 Dec 20 04:03 AM | Link | Reply