Ben Cowart has been the CEO of Vertex Energy, Inc. (NASDAQ:VTNR) since 2009. This report will, first, examine the CEO...
Results for the three months ending March 31, 2020 are expected to be supported by firm utilization at the Company's Heartland and Marrero refineries, together with successful actions taken to mitigate spread compression in the period. The Company defines free cash flow as Adjusted EBITDA less total capital expenditures. The Company had total cash and total funds available under its credit facilities of approximately $16.0 million as of March 25, 2020.
Vertex Energy, Inc. (NASDAQ:VTNR) shareholders should be happy to see the share price up 23% in the last month. But...
Shares of Vertex Energy (NASDAQ:VTNR) rallied 12% in pre-market trading to $0.65 after the company reported Q1 results.Quarterly Results Earnings per share fell 40.00% year over year to ($0.21), which missed the estimate of ($0.03).Revenue of $36,203,000 decreased by 7.93% from the same period last year, which missed the estimate of $44,730,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Vertex Energy hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 14, 2020View more earnings on VTNRTime: 09:18 PM ETWebcast URL: https://irdirect.net/vtnr?title_override=EventsRecent Stock Performance 52-week high: $1.9552-week low: $0.45Price action over last quarter: down 37.50%Company Profile Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Black Oil, Refining and Marketing, and Recovery. The company generates maximum revenue from the Black Oil segment. Its Black Oil segment aggregates and sells used motor oil. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.See more from Benzinga * Recap: Vascular Biogenics Q1 Earnings * 17 Financial Services Stocks Moving In Thursday's Pre-Market Session * 11 Consumer Cyclical Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
HOUSTON, TX / ACCESSWIRE / March 4, 2020 / Vertex Energy, Inc. (NASDAQ:VTNR, "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, ...
HOUSTON, TX / ACCESSWIRE / January 13, 2020 / Vertex Energy, Inc. (VTNR) "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, today announced a strategic agreement with Bunker One (BO), a global physical fuel supply network. Vertex has agreed to a supply and offtake agreement under which Bunker One, through its US subsidiary, Bunker One USA, Inc. (BO), will have the exclusive right to purchase 100% of Vertex's Marrero, Louisiana refinery's marine fuel production through December 2029.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Vertex Energy, Inc. (NASDAQ:VTNR) just released its latest quarterly report and things are not looking great. It...
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.
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?
Q3 2019 Vertex Energy Inc Earnings Call
As first announced on July 31, 2019, Vertex and Tensile entered into a definitive joint venture agreement to accelerate the full development of the Company's Ohio-based Heartland base oil refinery, subject to a successful pilot test designed to validate a process by which used motor oil is converted into high purity base oil. In December 2019, the pilot test was successfully completed. Houston-based Vertex Energy, Inc. (VTNR) is a specialty refiner of alternative feedstocks and marketer of high-purity petroleum products.
Q4 2019 Vertex Energy Inc Earnings Call
HOUSTON, TX / ACCESSWIRE / May 14, 2020 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, ...
HOUSTON, TX / ACCESSWIRE / February 19, 2020 / 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 release fourth quarter and full-year 2019 financial results before the market opens on March 4, 2020. A conference call will be held that same day at 9:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. Houston-based Vertex Energy, Inc. (VTNR) is a specialty refiner of alternative feedstocks and marketer of high-purity petroleum products.
HOUSTON, TX / ACCESSWIRE / January 22, 2020 / Vertex Energy, Inc. (NASDAQ:VTNR, "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality hydrocarbon products, today announced that it has successfully closed Phase 2 of its previously disclosed, planned joint venture partnership with San Francisco-based investment firm Tensile Capital Management LLC ("Tensile"). As first announced on July 31, 2019, Vertex and Tensile entered into a joint venture arrangement with the goal of accelerating the full development of the Company's Heartland base oil refinery located in Ohio, subject to a successful pilot test validating a process by which used motor oil is converted into high purity base oil.
Today is shaping up negative for Vertex Energy, Inc. (NASDAQ:VTNR) shareholders, with the analysts delivering a...
Vertex Energy, Inc.'s (NASDAQ:VTNR): Vertex Energy, Inc., an environmental services company, provides a range of...
A conference call will be held that same day at 9:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. Houston-based Vertex Energy, Inc. (VTNR) is a specialty refiner of alternative feedstocks and marketer of high-purity petroleum products. The Company has built a reputation as a key supplier of Group II+ and Group III base oils to the lubricant manufacturing industry throughout North America.
The latest analyst coverage could presage a bad day for Vertex Energy, Inc. (NASDAQ:VTNR), with the analysts making...