Vertex EnergyVTNR
VTNR
Delisted
VTNR was delisted on the 8th of October, 2024.
About: Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Black Oil and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.
Employees: 481
Financial journalist opinion
Neutral
Zacks Investment Research
3 months ago
Vertex Energy Initiates Bankruptcy Proceedings, Shares Plunge
VTNR enters a Restructuring Support Agreement, supported by $80M Debtor-in-Possession financing, to continue day-to-day operations.
Neutral
Business Wire
3 months ago
Vertex Energy and Its Lenders Initiate Formal Pathway Aimed at Achieving Sustainable Capital Structure
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 it entered into a Restructuring Support Agreement (the “RSA”) with overwhelming support of 100% of the Company's term loan lenders (the “Consenting Term Loan Lenders”). To facilitate the transactions contemplated under the RSA, including exploration of a sale transaction, the Company commenced Chapter 11 cases in the.
Neutral
Business Wire
3 months ago
Vertex Energy Announces Management Transition
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 Doug Haugh is stepping down from his role as the Company's Chief Commercial Officer. Mr. Haugh has agreed to provide continued support throughout the rest of 2024, as a Senior Corporate Advisor. The Company also announced that Joshua Foster has been appointed as Chief Commercial Officer and that Benjamin P. Cowar.
Neutral
Seeking Alpha
4 months ago
Vertex Energy, Inc. (VTNR) Q2 2024 Earnings Call Transcript
Vertex Energy, Inc. (NASDAQ:VTNR ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Chris Delange - IR Coordinator Ben Cowart - Chairman and CEO Doug Haugh - Chief Commercial Officer Chris Carlson - CFO Conference Call Participants Operator Good morning. I would like to welcome everyone to Vertex Energy's Second Quarter 2024 Conference Call.
Neutral
Business Wire
4 months ago
Vertex Energy Announces Second Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products and renewable fuels, today announced its operational and financial results for the second quarter of 2024. The Company also updated its progress in the optimization of its hydrocracking capacity between conventional production and renewables production. The Company will host a conference call to discuss second quarter 2024 results tod.
Neutral
Business Wire
5 months ago
Vertex Energy Schedules Second Quarter 2024 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products and renewable fuels, today announced that it will report its second quarter 2024 financial results before the market opens on Thursday, August 8, 2024. A conference call will be held that same day at 9:00 A.M. ET to review the Company's financial results and discuss recent events. An audio webcast of the conference call and accompanyi.
Neutral
Business Wire
5 months ago
Vertex Energy Announces Retirement of Chief Operating Officer, James Rhame
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 Mr. James Rhame will be retiring as Chief Operating Officer (COO) effective July 25th, 2024. Mr. Rhame has agreed to continue supporting Vertex in a consulting role through the end of 2024. Upon Mr. Rhame's retirement, Mr. Doug Haugh, Vertex's Chief Commercial Officer, will also assume the role of interim Chief O.
Neutral
Business Wire
5 months ago
Vertex Energy Provides Operational Update for Second Quarter 2024
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 financial and operational outlook for the second quarter of 2024. Highlights include: Expected reductions in direct operating expense of 7% and capital expenditures of 29%, compared to previous guidance midpoints; Anticipated conventional throughput of 68,000 barrels per day (bpd), within guidance rang.
Positive
Zacks Investment Research
5 months ago
Vertex Energy (VTNR) Upgraded to Buy: What Does It Mean for the Stock?
Vertex Energy (VTNR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Benzinga
6 months ago
Top 3 Energy Stocks That May Rocket Higher In July
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
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