Vertex Energy, Inc.
NASDAQ Capital MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Benjamin P. Cowart
- Full Time Employees
- 481
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Address
- 1331 Gemini Street Houston TX United States of America 77058
- IPO Date
- Oct 21, 1992
- CIK
- 0000890447
- Website
- vertexenergy.com
- Similar Companies
- Business
- Vertex Energy, Inc. Vertex Energy, Inc. (VTNR) operates as an energy transition company focused on refining, recycling, and distributing conventional and renewable fuels; it specializes in processing used motor oil, industrial waste streams, and off-specification commercial chemicals into high-purity refined products including renewable diesel, gasoline, Group III base oils, ferrous and non-ferrous recyclable metals, and feedstock for re-refineries and industrial burners. The company conducts operations through divisions such as Black Oil for aggregation and initial processing, Refining and Marketing for petroleum product distribution via its Mobile, Alabama refinery (acquired from Shell in 2022 with a capacity of approximately 91,000 barrels per day and converted for renewable diesel production from feedstocks like animal fats and vegetable oils), and Thermal Chemical Extraction Process for advanced recycling; it also provides transportation, logistics, storage, delivery, and marine salvage services to industrial, commercial, and governmental customers primarily in the United States Gulf Coast region. Founded in 2001 and headquartered at 1331 Gemini Street, Suite 250, Houston, Texas, Vertex Energy targets energy, manufacturing, and transportation sectors with an emphasis on sustainability and operational excellence. In recent developments, the company filed for voluntary Chapter 11 reorganization on September 24, 2024, in the U.S. Bankruptcy Court for the Southern District of Texas to restructure amid operational challenges; it launched its Mobile refinery hydrocracker in conventional service in 2024 to optimize performance ahead of full renewable fuels scaling, following the 2023 sale of its Heartland used motor oil collection and recycling business to GFL Environmental Inc. for $90 million to streamline focus on higher-return refining assets; additionally, it faces a proposed consent decree requiring retirement of 18.7 million renewable identification number credits by March 31, 2025.
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Vertex Energy, Inc. Common Stock - VTNRQ
Vertex Energy, Inc. Successfully Emerges From Chapter 11 With Renewed Sustainable Capital Structure
Vertex Energy Initiates Bankruptcy Proceedings, Shares Plunge
Vertex Energy and Its Lenders Initiate Formal Pathway Aimed at Achieving Sustainable Capital Structure
Vertex Energy, Inc. (VTNR) Q2 2024 Earnings Call Transcript
Vertex Energy Provides Operational Update for Second Quarter 2024
Vertex Energy (VTNR) Upgraded to Buy: What Does It Mean for the Stock?
Top 3 Energy Stocks That May Rocket Higher In July
Vertex Energy, Inc. (VTNR) Q1 2024 Earnings Call Transcript
7 Penny Stocks With the Potential to Make You an Overnight Millionaire
Stealth Wealth Creators: 7 Overlooked Penny Stocks Ready to Explode
Vertex Energy Provides Operational Update for First Quarter 2024
Vertex Energy Schedules First Quarter 2024 Earnings Release and Conference Call
CORRECTING and REPLACING Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial Results
Vertex Energy, Inc. (VTNR) Q4 2023 Earnings Call Transcript
Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial Results
Vertex Energy Announces Fourth Quarter 2023 Earnings Release and Conference Call Date
Vertex (VTNR) Expects Reduced Throughput Volumes in Q4 2023
Top 3 Energy Stocks That May Explode In Q1 - Okeanis Eco Tankers (NYSE:ECO), Green Plains (NASDAQ:GPRE)
Vertex Energy Provides Operational Update for Fourth Quarter 2023