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Vertex Energy Inc - VTNR STOCK NEWS

Welcome to our dedicated news page for Vertex Energy (Ticker: VTNR), a resource for investors and traders seeking the latest updates and insights on Vertex Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vertex Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vertex Energy's position in the market.

News
Vertex Energy Provides Operational Update for First Quarter 2024
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ:VTNR) provided an operational update for the first quarter of 2024, exceeding throughput guidance, improving crack spreads, reducing operating expenses and capital expenditures. The company's focus on margin efficiency and cost reduction resulted in a solid performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.81%
Tags
earnings
-
News
Vertex Energy Schedules First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ:VTNR) will report its first quarter 2024 financial results on May 9, 2024, followed by a conference call to discuss the results and recent events. An audio webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
earnings
-
News
Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ: VTNR) reported a net loss of ($63.9) million for the fourth quarter of 2023, with Adjusted EBITDA of ($35.1) million. Full-year 2023 saw a net loss of ($71.5) million versus ($4.8) million in 2022. The company launched Vertex Renewables and Marine Fuels and Logistics business, but faced challenges in the Renewables segment due to costs. Vertex's Mobile Refinery operations showed steady conventional throughput and successful yield optimization. The company is focused on improving cash position, reducing operating costs, and enhancing margins in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.11%
Tags
earnings
News
CORRECTING and REPLACING Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ: VTNR) announced its financial results for Q4 2023 and full-year 2023, reporting a net loss of $63.9 million for Q4 and $71.5 million for the full year. Adjusted EBITDA was ($35.1) million for Q4 and $17.1 million for the full year. The company highlighted the safe operation of its Mobile Refinery and the completion of Phase I of its Renewable Diesel conversion project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.11%
Tags
earnings
-
News
Vertex Energy Announces Fourth Quarter 2023 Earnings Release and Conference Call Date
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ:VTNR) will report its Q4 2023 financial results on February 28, 2024, followed by a conference call to discuss recent events. The audio webcast and presentation materials will be available on the company's website. Investors can participate in the live teleconference and listen to the replay through March 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.95%
Tags
earnings
-
News
Vertex Energy Provides Operational Update for Fourth Quarter 2023
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ: VTNR) provided an update on its financial and operational outlook for the fourth quarter of 2023. The company reported slightly lower conventional throughput volumes at its Mobile, Alabama Refinery, with a yield of finished conventional fuel products in line with previous forecasts. Renewable diesel production is expected to be below prior outlook, but the company's feedstock optimization strategy is progressing as expected. The company's president and CEO mentioned deteriorating crack spreads affecting throughput rates, and an improvement in crack spreads and margin efficiency leading to increased production rates for conventional fuels and renewable diesel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
earnings
News
Vertex Energy Amends Existing Term Loan Agreement
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ: VTNR) successfully amends term loan agreement, securing an additional $50.0 million for strategic flexibility. The amended agreement brings the total outstanding balance on the term loan to $198.0 million and bears interest at a competitive rate. The company aims to strengthen its balance sheet and pursue potential transaction opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.32%
Tags
none
-
News
Vertex Energy Meets Renewable Fuel Standard Revised Annual Compliance Report Filing Deadline of December 1, 2023, for Calendar Year 2022
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ: VTNR) has announced that its subsidiary Vertex Refining Alabama LLC has filed its annual compliance report for calendar year 2022 under the U.S. Environmental Protection Agency’s Renewable Fuel Standard (RFS) and satisfied its renewable volume obligation (RVO) for CY 2022. The Mobile Refinery has fulfilled its RVO for CY 2022 and now has the option to carry its CY 2023 RVO to CY 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
none
-
News
Remembering Board Member Chris Stratton: A Tribute to His Legacy and Contributions
Rhea-AI Summary
Vertex Energy, Inc. (VTNR) pays tribute to the late Chris Stratton, a long-serving board member who made significant contributions to the company's success. CEO Benjamin P. Cowart acknowledges Mr. Stratton's pivotal role in shaping Vertex Energy's development and expresses condolences to the Stratton family. With 14 years of service on Vertex's board and expertise in finance and risk management, Mr. Stratton's legacy will be deeply missed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
News
Vertex Energy Announces Third Quarter 2023 Results
Rhea-AI Summary
Vertex Energy, Inc. (NASDAQ: VTNR) announced its Q3 2023 financial results, reporting net income of $19.8 million and Adjusted EBITDA of $51.5 million. The company also provided operational highlights for its Mobile Refinery, including conventional throughput of 80,171 bpd and renewable diesel throughput of 5,397 bpd. Vertex had total cash and cash equivalents of $79.3 million as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.92%
Tags
earnings
Stock VTNR logo
Vertex Energy Inc

Nasdaq:VTNR

VTNR Rankings

#4141 Ranked by Market Cap
#4649 Ranked by Stock Gains
N/A Ranked by Dividends

VTNR Stock Data

97.25M
85.10M
9.46%
47.37%
18.69%
Petroleum Refineries
Manufacturing
Link
US
Houston

About VTNR

vertex energy is a leader in the aggregation, recycling and processing of distressed hydrocarbon streams thereby reducing the united states'​ reliance on foreign crude oil. our focus, as a participant in the alternative energy and environmentally friendly investment sectors, is on creating increased value in the products we manage and produce through a variety of strategies and technologies that facilitate the re-refining of used oil and off specification commercial chemical products into higher value commodities. by creating higher value products from distressed hydrocarbon streams, we are positioned to produce both financial and environmental benefits. vertex energy is based in houston, texas with offices in georgia and california. our company provides services across the united states enabling the transporting, processing and re-refining of these distressed hydrocarbon based streams into viable commodity products that offset the united states'​ dependency on foreign crude oil in a s