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.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Vertex Energy, Inc. (“Vertex” or the “Company”) (NASDAQ: VTNR) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Vertex Energy, Inc. (VTNR) on Behalf of Investors

LOS ANGELES, CA / ACCESSWIRE / March 8, 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 May 2, 2023.

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Vertex Energy, Inc. with Losses of $100,000 to Contact the Firm

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Vertex Energy, Inc. (“Vertex” or the “Company”) (NASDAQ: VTNR) investors concerning the Company's possible violations of federal securities laws. On August 9, 2022, before the market opened, Vertex released its second quarter 2022 financial results, revealing a net loss of $63.8 million and an adjusted EBITDA that was approximately 50% less than guidance given just three months prior.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vertex Energy, Inc. (VTNR) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Vertex Energy, Inc. (“Vertex” or the “Company”) (NASDAQ: VTNR) in the United States District Court Of The Southern District Of Alabama on behalf of all persons and entities who purchased or otherwise acquired Vertex securities between April 1, 2022 and August 8, 2022, both dates inclusive (the “Class Period”).

VERTEX ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Vertex Energy, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Vertex Energy, Inc. (“Vertex” or the “Company”) (NASDAQ: VTNR) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On August 9, 2022, before the market opened, Vertex released its second quarter 2022 financial results, revealing a net loss of $63.

The Law Offices of Frank R. Cruz Announces Investigation of Vertex Energy, Inc. (VTNR) on Behalf of Investors

The average of price targets set by Wall Street analysts indicates a potential upside of 30.2% in Vertex Energy (VTNR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Vertex Energy (VTNR) Could Rally 30.19%: Here's is How to Trade

SAN DIEGO--(BUSINESS WIRE)---- $VTNR #VTNR--Vertex Energy, Inc.

Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Vertex Energy, Inc. (VTNR)

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Vertex Energy, Inc. (NASDAQ: VTNR) between April 1, 2022 and August 8, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 2, 2023.

VTNR EQUITY ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Vertex Energy, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – VTNR

HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc.

Vertex Energy to Participate in Investor Conferences

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Here Is Why Bargain Hunters Would Love Fast-paced Mover Vertex Energy (VTNR)

Vertex Energy, Inc. (NASDAQ:VTNR ) Q4 2022 Earnings Conference Call February 28, 2023 8:00 AM ET Company Participants John Ragozzino - Head of Investor Relations Ben Cowart - Chairman & Chief Executive Officer James Rhame - Chief Operating Officer Chris Carlson - Chief Financial Officer Bart Rice - Vice President Conference Call Participants Manav Gupta - UBS Donovan Schafer - Northland Capital Markets Amit Dayal - H.C. Wainwright Michael Hoffman - Stifel Eric Stine - Craig-Hallum Noah Kaye - Oppenheimer Operator Good day and welcome to the Vertex Energy Fourth Quarter and Full Year 2022 Earnings Conference Call.

Vertex Energy, Inc. (VTNR) Q4 2022 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 fourth quarter and full-year ended December 31, 2022. The company will host a conference call to discuss 4Q22 results today at 8:00 A.M. Eastern Time, details are included at the end of this release. FOURTH QUARTER 2022 HIGHLIGHTS Reported net income of $44.4 million, or $0.

Vertex Energy Announces Fourth Quarter and Full Year 2022 Results

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Vertex saw disappointments in 2022, that may be about to change. Profitability may improve as onerous hedging rolled off for Q4.

Vertex Energy May Be Set For A Strong 2023 With These 3 Catalysts

The average of price targets set by Wall Street analysts indicates a potential upside of 54.9% in Vertex Energy (VTNR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Vertex Energy (VTNR) Have the Potential to Rally 54.89% as Wall Street Analysts Expect?

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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 will issue its fourth quarter 2022 financial results before the market opens on Tuesday, February 28, 2023. A conference call will be held that same day at 8:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.

Vertex Energy Announces Fourth Quarter 2022 Earnings Release and  Conference Call Date

Vertex Energy sold its UMO collection and re-refining business at Heartland for net cash proceeds of $85M. However, the Heartland re-refinery has a capacity of 20m gallons/year, while the remaining one at Marerro is more than three times bigger.

Vertex Energy: The Heartland Business Sale Unlocks Value

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 sold its Heartland used motor oil collection and recycling business to a wholly owned subsidiary of GFL Environmental, Inc. ("GFL"), for total cash consideration of $90 million. The transaction was completed pursuant to the entry into a sale and purchase agreement which closed at the time of signing, on February 1, 2023.

Vertex Energy Announces Sale of Heartland Used Motor Oil Collections and Refining Business

Vertex had a challenging 2022, as management messed-up the crack spread hedging. In Q4'22 the hedges are off, allowing Vertex to get full exposure to the favorable market environment.

Vertex Energy: A Short-Squeeze Candidate

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 on the construction of its renewable diesel conversion project as well as its fourth quarter 2022 operating and financial results.

Vertex Energy Provides Operational Update for Q4 2022

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