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

Earnings data Q1 2021

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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.

Vertex produced a relatively mediocre quarter from its new refinery. However, spreads into 2024 look promising and Q4 could be especially strong.

Vertex Q3 Numbers Disappointing, But Valuation Remains Supportive

Vertex Energy, Inc. (NASDAQ:VTNR ) Q3 2022 Results Conference Call November 8, 2022 8:00 AM ET Company Participants John Ragozzino - IR Ben Cowart - Chairman and CEO Chris Carlson - Chief Financial Officer James Rhame - Chief Operating Officer Alvaro Ruiz - Chief Strategy Officer Bart Rice - Vice President John Strickland - Vice President of Black Oil Operations Conference Call Participants Eric Stine - Craig-Hallum Amit Dayal - H.C. Wainwright Noah Kaye - Oppenheimer Brian Butler - Stifel Operator Good morning or good afternoon, and welcome to the Vertex Energy Third Quarter Earnings Conference Call.

Vertex Energy, Inc. (VTNR) Q3 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 third quarter ended September 30, 2022.

Vertex Energy Announces Third Quarter 2022 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 will issue its third quarter 2022 financial results before the market opens on Tuesday, November 8, 2022.

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

There are a lot of reasons to be skeptical on Vertex after a dire Q2 showing. However, these are basically commodity refining assets and I think a $16/share valuation is fair (range $5/share-$55/share).

Vertex Should Improve After Awful Q2, Given Valuation Support

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These Were The Five Best And Worst Performing Energy Stocks In Q3 2022

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 operational and financial outlook for the Company's Mobile, Alabama Refinery. Throughput volumes for the third quarter of 2022 are now estimated to be approximately 68,000 – 69,000 barrels per day (bpd). The reduced estimated throughput volumes for the quarter, versus the Company's previously communica

Vertex Energy Provides Operational Update Regarding Mobile Refinery and Updates Prior Third Quarter Guidance

Company announcing a proactive extension of the mechanical completion target to first quarter of 2023 Decision prompted by expanded supply chain disruption and procurement delays in historically unaffected bulk material supply markets Extension expected to drive an estimated $15 - $17 million of incremental gross margin in the fourth quarter of 2022, while further enhancing safety, mitigating project execution risk, and improving down-time visibility Project remains on budget, with significant project milestones achieved to date including foundation work and long lead-time item procurement HOUSTON, TX / ACCESSWIRE / September 12, 2022 / 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 Company's Mobile, Alabama Refinery renewable diesel conversion project, including a strategic extension of the planned construction timeline. As previously disclosed, Vertex is currently working on completing a $90-$100 million capital project designed to modify the Mobile Refinery's existing hydrocracking unit to produce renewable diesel fuel on a standalone basis.

Vertex Energy Provides Progress & Strategic Timeline Update of Mobile Refinery Renewable Diesel Conversion Project

It's still earnings season, and while many prominent companies have reported, there are a number of notable companies still reporting. One of today's biggest movers on an earnings miss is Vertex Energy (NASDAQ: VTNR ).

Why Is Vertex Energy (VTNR) Stock Down 50%?

Vertex Energy, Inc. (NASDAQ:VTNR ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Noel Ryan - Investor Relations Ben Cowart - Chairman and CEO Chris Carlson - Chief Financial Officer Alvaro Ruiz - Chief Strategy Officer James Rhame - Chief Operating Officer Conference Call Participants Manav Gupta - Credit Suisse Noah Kaye - Oppenheimer Eric Stein - Craig-Hallum Amit Dayal - H.C. Wainwright Michael Hoffman - Stifel Operator Good day, ladies and gentlemen.

Vertex Energy, Inc.'s (VTNR) CEO Ben Cowart on Q2 2022 Results - Earnings Call Transcript

The consensus price target hints at a 50.2% upside potential for Vertex Energy (VTNR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Can Vertex Energy (VTNR) Climb 50% to Reach the Level Wall Street Analysts Expect?

HOUSTON, TX / ACCESSWIRE / August 9, 2022 / 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 2022 ended June 30, 2022. SECOND QUARTER 2022 RESULTS Completed acquisition of Mobile refinery on April 1, 2022 Reported net loss of $63.8 million Record Adjusted EBITDA of $71.3 million Reported net loss includes $127.8 million of adjustments to adjusted EBITDA Renewable diesel conversion scheduled for start-up in the first quarter 2023 Total cash of $98.0 million as of June 30, 2022 For the three months ended June 30, 2022, the Company reported a net loss of $63.8 million, versus a net loss of $16.0 million in the second quarter 2021.

Vertex Energy Reports Second Quarter 2022 Results

HOUSTON, TX / ACCESSWIRE / July 26, 2022 / Vertex Energy, Inc . (NASDAQ:VTNR), ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-purity refined products, today announced that it will issue second quarter 2022 financial results before the market opens on Tuesday, August 9, 2022.

Vertex Energy Announces Second Quarter 2022 Results Conference Call Date

Vertex Energy hasn't been a holding for the faint-hearted, as its share slides 30% in the last month. However, its business is performing very strongly. And equally important for investors, its balance sheet is flexible with not a lot of debt.

Vertex Energy: This Refining Business Is Priced At 3x 2023 Free Cash Flows

HOUSTON, TX / ACCESSWIRE / June 14, 2022 / 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 named energy industry veteran James Rhame as Chief Operating Officer of Vertex, effective June 10, 2022. Mr. Rhame will succeed John Strickland, who will transition into the newly created role of Vice President, Black Oil Operations, reporting to Mr.

Vertex Energy Announces COO Succession Plan

HOUSTON, TX / ACCESSWIRE / June 14, 2022 / 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 appointed Alvaro Ruiz, as chief strategy officer (CSO), a newly created role, effective June 10, 2022. As CSO, Mr.

Vertex Energy Appoints Alvaro Ruiz as Chief Strategy Officer

Investors need to pay close attention to Vertex Energy (VTNR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Vertex Energy (VTNR) Stock?

Does Vertex Energy (VTNR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Vertex Energy (VTNR)

HOUSTON, TX / ACCESSWIRE / June 6, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization.

Vertex Energy Set To Join Russell 3000(R) Index

Vertex Energy (VTNR) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

What Makes Vertex Energy (VTNR) a Good Fit for "Trend Investing"

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100% technical buy signals. 13 new highs and up 76.18% in the last month.

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