Vertex Energy

Vertex Energy, Inc. engages in the recycle of industrial waste streams and off-specification commercial chemical products. The firm focuses on the recycle of used motor oil and other petroleum by-products. It operates through the following segments: Black Oil, Refining and Marketing and Recovery. The Black Oil segment collects and purchases used motor oil from third-party generators, established network of local and regional collectors and sells used motor oil to customers for use as a feedstock or replacement fuel for industrial burners. The Refining and Marketing segment manages the re-refinement of used motor oil and other petroleum by-products and sells the re-refined products to end customers. The Recovery segment includes a generator solutions company for the proper recovery and management of hydrocarbon streams as well as metals. The company was founded by Benjamin P. Cowart in 2001 and is headquartered in Houston, TX.

Earnings data Q4 2020

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Vertex Energy excels in Q4 2022, eyes renewable fuels growth

Vertex Energy delivered a strong Q4 performance driven by operational excellence and strategic divestitures. The company is well-positioned to capitalize on opportunities in renewable fuels and sustainable aviation projects. Challenges include managing market uncertainties and logistical complexities in feedstock acquisition and processing.

Vertex Energy tackles RD project delays while eyeing infrastructure growth

Vertex Energy faces challenges with RD project delays affecting LCFS credit timelines and inventory growth. However, the company's focus on safe operations and agreements for pre-treatment facilities present strengths. Opportunities lie in infrastructure development and capital adjustments for renewable diesel projects.

Vertex Energy reports Q2 loss but eyes growth in renewable diesel

Vertex Energy navigated challenges in Q2 2023, focusing on operational excellence, capital efficiency, and balance sheet improvement for future growth.
Despite a net loss, the company achieved breakeven and positioned well for profitability with a focus on renewable diesel production and market opportunities.
Market dynamics, refining margin weakness, and operational challenges were addressed, with a positive outlook on future profitability and growth strategies.
Vertex Energy's strategic focus on renewable diesel, operational stability, and cost management aims to drive shareholder value and long-term success.

Vertex Energy excels in Q3 with strong renewable diesel performance

Vertex Energy's Q3 performance reflects operational excellence, financial strength, and confidence in the renewable diesel business's profitability path.
The company's strengths lie in operational efficiency, team capability, and a strategic focus on vertically integrating the renewable supply chain.
Challenges include optimizing margins, balancing capacity, and financial management, while opportunities exist in feedstock optimization, LCFS credits, and market growth.
Overall, Vertex Energy is well-positioned to navigate challenges, capitalize on opportunities, and drive profitability in the renewable diesel market.

Vertex Energy focuses on renewable growth amidst financial challenges

Vertex Energy's focus on renewable business and cost optimization presents growth potential despite financial challenges.
Strategic investments in renewable diesel and operational improvements position the company for margin enhancement and revenue growth.
Balancing liquidity evaluation with growth plans, Vertex Energy aims to navigate challenges and capitalize on opportunities in the energy sector.

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Vertex Energy, Inc. engages in refining and marketing conventional and lower-carbon alternative transportation fuels. It operates through Refining and Marketing and Black Oil and Recovery segments. The Refining and Marketing segment manages the refining of crude oil and renewable feedstocks, and distributes finished products across the Southeastern U. S. through truck rack. The Black Oil and Recovery segment aggregates and manages the re-refinement of used motor oil and other petroleum by-products and sells the re-refined products to end customers. The company was founded by Benjamin P. Cowart in 2001 and is headquartered in Houston, TX.

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced that Vertex Refining Alabama LLC, the owner and operator of the Mobile Refinery, located in Mobile, Alabama, has filed its annual compliance report for calendar year (CY) 2022 under the U.S. Environmental Protection Agency's Renewable Fuel Standard (RFS), in accordance with the December 1, 2023 filing deadline and sa.

Vertex Energy Meets Renewable Fuel Standard Revised Annual Compliance Report Filing Deadline of December 1, 2023, for Calendar Year 2022

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or the "Company") today pays tribute to the enduring legacy of Chris Stratton, esteemed member of our Board of Directors, who passed away on November 16th. Vertex CEO and Board Chairman, Benjamin P. Cowart, states, "As one of our longest serving board members, Mr. Stratton played a vital role in shaping Vertex Energy's success and development. He was a brilliant mind, a loyal supporter, and a steadfast advocate for achieving.

Remembering Board Member Chris Stratton: A Tribute to His Legacy and Contributions

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Vertex Energy, Inc. (NASDAQ:VTNR ) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants John Ragozzino - Investor Relations Ben Cowart - Chairman & Chief Executive Officer James Rhame - Chief Operating Officer Chris Carlson - Chief Financial Officer Doug Haugh - Chief Commercial Officer Conference Call Participants Donovan Schafer - Northland Capital Markets Eric Stine - Craig Hallum Manav Gupta - UBS Noah Kaye - Oppenheimer Sameer Joshi - H.C. Wainwright Jason Gabelman - TD Cowen Brian Butler - Stifel Operator Thank you for holding, and welcome everyone to the Vertex Energy, Inc. Third Quarter 2023 Earnings Conference Call.

Vertex Energy, Inc. (VTNR) Q3 2023 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced its financial results for the third quarter ended September 30, 2023. The Company will host a conference call to discuss third quarter 2023 results today, at 8:30 A.M. Eastern Time. Details regarding the conference call are included at the end of this release. THIRD QUARTER 2023 HIGHLIGHTS Reported net income attribu.

Vertex Energy Announces Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has formally named BofA Securities, Inc. (“BofA”) as Vertex's strategic financial advisor to assist with the Company's renewable fuels and sustainable products growth strategy. During this engagement, the Company expects to review various potential strategic transaction opportunities aimed at strengthening th.

Vertex Energy Engages Investment Bank to Enhance Renewable Fuels and Sustainable Products Growth Strategy

Vertex Energy's refinery throughput volumes rose faster than expected in the third quarter. The company also sold more finished fuel products than expected thanks to moves to boost yield.

Why Vertex Energy Stock Popped 15% Today

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or “the Company"), a leading specialty refiner and marketer of high-quality refined products, today provided an update to its financial and operational outlook for the third quarter of 2023. Third Quarter Conventional Throughput Volumes Expected to Exceed Prior Projections Reported throughput volumes at the Company's Mobile, Alabama Refinery (the “Mobile Refinery”) for the third quarter of 2023 are expected to be approximate.

Vertex Energy Provides Operational Update for Third Quarter 2023

Vertex Energy has made progress in its renewable diesel project, with Q2 2023 revenues beating estimates and a focus on performance management for H2 2023. The company has transformed into a significant renewable fuel producer, completing its renewable diesel conversion project and planning to lower carbon dioxide emissions and raise hydrogen production. Demand for renewable diesel is increasing, driven by the enactment of the Low Carbon Fuel Standard in California, and production milestones have been achieved at Vertex Energy's mobile refinery.

Vertex Energy: A Hold With Growing Throughput Volume And Renewable Diesel Production

Vertex Energy has run into some hiccups with its renewable diesel project. The company will look to move to other feedstock blends that are more economically viable. Crack spreads, meanwhile, have been on the decline, hurting its conventional refining business.

Vertex Energy: Transition To Traditional Refiner Hasn't Been Smooth

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products and renewable fuels, today announced that it will report its third quarter 2023 financial results before the market opens on Tuesday, November 7, 2023. A conference call will be held that same day at 8:30 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. An audio webcas.

Vertex Energy Announces Third Quarter 2023 Earnings Release and Conference Call Date

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HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it plans to participate in two investor conferences during the month of September, 2023: H.C. Wainwright 25th Annual Global Investment Conference – New York – September 11-13, 2023 Northland Capital Markets Institutional Investor Conference – Virtual – September 19, 2023 About Vertex Energy Vertex Energy is a le.

Vertex Energy Announces Upcoming Investor Conference Participation

Vertex Energy, Inc. (NASDAQ:VTNR ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants John Ragozzino - Investor Relations Benjamin Cowart - Chairman and Chief Executive Officer James Rhame - Chief Operating Officer Chris Carlson - Chief Financial Officer Doug Haugh - Chief Commercial Officer Conference Call Participants Noah Kaye - Oppenheimer Eric Stine - Craig Hallum Amit Dayal - H.C. Wainwright Manav Gupta - UBS Brian Butler - Stifel Donovan Shafer - Northland Jason Gabelman - TD Cowen Operator Good morning, and welcome to the Vertex Energy Second Quarter 2023 Earnings Conference Call.

Vertex Energy, Inc. (VTNR) Q2 2023 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced its financial results for the second quarter ended June 30, 2023. The Company will host a conference call to discuss second quarter 2023 results today at 8:30 A.M. Eastern Time, details are included at the end of this release. SECOND QUARTER 2023 HIGHLIGHTS Reported net loss attributable to common shareholders of $(8.

Vertex Energy Announces Second Quarter 2023 Results

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Vertex Energy has been praised for its recent shift into renewable diesel, but this analysis suggests the company's shares are not as attractive as they seem due to declining refinery margins. The analysis suggests that there are at least three other companies in the same sector that offer a more attractive valuation and greater resilience to a decline in the crack spread. Despite Vertex's successful business transformation and ambitious projects, the contracting margins in the oil refining market make it an unattractive time to invest in the sector.

Oil Refining Stocks: 3 Companies Trumping Vertex Energy

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or “the Company"), a leading specialty refiner and marketer of high-quality refined products, today provided an update to its financial and operational outlook for the second quarter of 2023. Renewable Diesel Maximum Production Target Achieved Production of renewable diesel achieved the Phase I installed capacity target of 8,000 bpd during the second quarter, as anticipated. The validation of maximum throughput capacity prov.

Vertex Energy Provides Operational Update for Second Quarter 2023

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it will report its second quarter 2023 financial results before the market opens on Wednesday, August 9, 2023. A conference call will be held that same day at 8:30 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. An audio webcast of the conference.

Vertex Energy Announces Second Quarter 2023 Earnings Release and Conference Call Date

Vertex Energy (VTNR) acquired a refinery in Mobile, AL in 2022 and initiated a renewable diesel conversion project.

Vertex (VTNR) Reports First Renewable Diesel Transaction

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or “the Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that the Company has completed its first series of commercial sales transactions of renewable diesel ("RD") from its recently completed Renewable Diesel production facility at its refinery located in Mobile, Alabama (the “Mobile Refinery”). The initial sales totaled approximately 110,000 barrels of RD to Idemitsu Apo.

Vertex Energy Announces First Commercial Sales of Renewable Diesel

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Brokers Suggest Investing in Vertex Energy (VTNR): Read This Before Placing a Bet

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or “the Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has received approval from the Environmental Protection Agency ("EPA") for the generation of D4 Renewable Identification Numbers (“RINs”) credits under the federal Renewable Fuel Standard ("RFS"), for each gallon of renewable fuel produced at its refining facility located outside of Mobile, Alabama (the “Mobi.

Vertex Energy Announces EPA Approval For Generation of D4 RINs

LOS ANGELES, CA / ACCESSWIRE / June 12, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vertex Energy, Inc. ("Vertex Energy" or "the Company") (NASDAQ:VTNR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 1, 2022 and August 8, 2022, inclusive (the "Class Period"), are encouraged to contact the firm before June 12, 2023.

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Vertex Energy, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , June 12, 2023 /PRNewswire/ -- Attention Vertex Energy, Inc. ("Vertex") (NASDAQ: VTNR) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 1, 2022 and August 8, 2022. If you suffered a loss on your investment in Vertex, contact us about potential recovery by using the link below.

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