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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Despite negative impacts from the 2020 pandemic, Vertex Energy is managing to hit on all cylinders. The company is growing its self-collection volumes, optimizing and expanding its refining assets, and shifting its output to higher grade products to increase adjusted EBITDA.

Vertex Energy: The Little Engine That Could

HOUSTON, TX / ACCESSWIRE / April 29, 2021 / Vertex Energy, Inc. (NASDAQ:VTNR, "Vertex" or the "Company"), a leading specialty refiner and marketer of high-purity petroleum-based products, today announced that it will issue first quarter 2021 financial results before the market opens on May 13, 2021. A conference call will be held that same day at 9:00 A.M.

Vertex Energy Announces First Quarter 2021 Results Conference Call Date

HOUSTON, TX / ACCESSWIRE / March 30, 2021 / Vertex Energy, Inc. (NASDAQ:VTNR), "Vertex Energy" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, today announced that it has commenced construction on a new facility designed to recover distressed hydrocarbon streams (the "Riverside Facility" or the "facility") from tankage and barges. The facility is located adjacent to the newly revitalized Myrtle Grove complex in Belle Chasse, Louisiana, currently operated by Vertex Energy's recently launched H&H Oil Recovery Services division.

Vertex Energy Announces Commencement of Construction for Processing & Storage Expansion in Louisiana

Vertex, Inc.

Vertex Energy, Inc. (VTNR) CEO Ben Cowart on Q4 2020 Results - Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / March 9, 2021 / Vertex Energy, Inc. (NASDAQ:VTNR), "Vertex Energy" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, today announced its financial results for the fourth quarter and full-year ended December 31, 2020. FOURTH QUARTER 2020 RESULTS Ongoing recovery in refined product margins at Marrero and Heartland refineries Myrtle Grove Phase-One start-up completed; Phase-Two of the project has commenced 9% y/y organic growth in direct UMO collections driven by customer account growth Total cash and available liquidity of $12.3 million as of December 31, 2020 MANAGEMENT OUTLOOK Anticipate positive free cash flow, net income and Adjusted EBITDA for the full-year 2021 Anticipate Adjusted EBITDA in the range of $2.0 million to $2.5 million in the first quarter 2021 For the three months ended December 31, 2020, the Company reported a net loss attributable to Vertex Energy of ($3.4) million, versus net income of $1.4 million in the fourth quarter 2019.

Vertex Energy Reports Fourth Quarter and Full-Year 2020 Results

Vertex Energy (VTNR) stock is surging higher on Tuesday despite a lack of news concerning the alternative energy company. The post VTNR Stock: 6 Things to Know About Vertex Energy as Shares Rocket Higher appeared first on InvestorPlace.

VTNR Stock: 6 Things to Know About Vertex Energy as Shares Rocket Higher

As a result of non-compliance with NASDAQ, Vertex Energy is exploring strategic alternatives. It's the second time in five years the company has embarked on such a journey. Facing challenge after challenge in the past decade, Vertex managed to prevail time and time again. Had a pandemic hit prior to 2020, it would most likely have crushed Vertex.

Explore A Healthier Vertex Energy Exploring Strategic Alternatives

HOUSTON, TX / ACCESSWIRE / December 31, 2020 / Vertex Energy, Inc. (NASDAQ:VTNR, "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, today announced that the Company received formal notification from the Listing Qualification Department of the Nasdaq Stock Market ("Nasdaq") notifying the Company that it has been granted an additional 180-day compliance period, or until June 28, 2021, to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5550(a)(2) (the "Rule"). If at any time until June 28, 2021, the bid price of the Company's common stock closes at or above $1.00 per share for a minimum of 10 consecutive trading days, the Company will regain compliance with the Rule, and the matter will be closed.

Vertex Energy, Inc. Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

Shares of Vertex Energy (NASDAQ:VTNR) moved higher by 1.0% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 100.00% year over year to ($0.10), which beat the estimate of ($0.15).

Vertex Energy: Q3 Earnings Insights

Vertex Energy (VTNR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Vertex Energy (VTNR) to Report a Decline in Earnings: What to Look Out for

Vertex Energy reported 2020 second quarter results in early August. Revenue in its primary segment declined 70% while revenue in the remaining two segments improved.

Vertex Energy As A Shape-Shifter

Vertex Energy, Inc. (VTNR) CEO Ben Cowart on Q2 2020 Results - Earnings Call Transcript

Vertex Energy (VTNR) delivered earnings and revenue surprises of -177.78% and 3.96%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Vertex Energy (VTNR) Reports Q2 Loss, Tops Revenue Estimates

Shares of Vertex Energy (NASDAQ:VTNR) rose 0.5% in pre-market trading after the company reported Q2 results.

Recap: Vertex Energy Q2 Earnings

On Tuesday, August 11, Vertex Energy (NASDAQ: VTNR) will release its latest earnings report.

Earnings Preview for Vertex Energy

Vertex Pharmaceuticals

Vertex Energy, Inc. (VTNR) CEO Ben Cowart on Q1 2020 Results - Earnings Call Transcript

Vertex Energy (VTNR) delivered earnings and revenue surprises of -425.00% and -22.39%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Vertex Energy (VTNR) Reports Q1 Loss, Misses Revenue Estimates

Shares of Vertex Energy (NASDAQ:VTNR) rallied 12% in pre-market trading to $0.65 after the company reported Q1 results.

Recap: Vertex Energy Q1 Earnings

In January, Vertex Energy, a UMO re-refiner, announced completion of its pilot project with Tensile and announced a second SPV to transform its Heartland facility for higher-purity base oil production.

Vertex Energy: Now Is Certainly Not The Time To Panic

Vertex Energy, Inc. (VTNR) CEO Benjamin Cowart on Q1 2019 Results - Earnings Call Transcript

Vertex Energy (VTNR) delivered earnings and revenue surprises of 66.67% and -11.24%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Vertex Energy Stock (VTNR)