Vertex Energy
VTNR

$0.87

7.17%

Market Cap: 81M

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

Energy Petroleum Refining

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

9.25% less ownership

Funds ownership: 43.3% [Q4 2023] → 34.06% (-9.25%) [Q1 2024]

15% less funds holding

Funds holding: 134 [Q4 2023] → 114 (-20) [Q1 2024]

31% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 39

42% less call options, than puts

Call options by funds: $4.78M | Put options by funds: $8.24M

48% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 42

67% less capital invested

Capital invested by funds: $137M [Q4 2023] → $44.8M (-$92.4M) [Q1 2024]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$3.50

304%

upside

Avg. target

$3.75

333%

upside

High target

$4

362%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Stifel Michael Hoffman	362%upside $4	Hold Maintained	22 Apr 2024
HC Wainwright & Co. Amit Dayal	304%upside $3.5	Buy Maintained	29 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about VTNR published over the past 30 days

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.

Vertex Energy Schedules Second Quarter 2024 Earnings Release and Conference Call

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.

Vertex Energy Announces Retirement of Chief Operating Officer, James Rhame

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.

Vertex Energy Provides Operational Update for Second Quarter 2024

Zacks Investment Research

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.

Vertex Energy (VTNR) Upgraded to Buy: What Does It Mean for the Stock?

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Vertex Energy, Inc. (VTNR) Q1 2024 Earnings Call Transcript

Vertex Energy, Inc. (NASDAQ:VTNR ) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Chris Delange – Investor Relations Coordinator Ben Cowart – Chairman and Chief Executive Officer James Rhame – Chief Operating Officer Chris Carlson – Chief Financial Officer Doug Haugh – Chief Commercial Officer Conference Call Participants Noah Kaye – Oppenheimer Sameer Joshi – Wainwright Eric Stine – Craig-Hallum Donovan Schafer – Northland Capital Markets Saumya Jain – UBS Brian Butler – Stifel Jason Gabelman – TD Cowen Operator Hello everyone, and welcome to Vertex Energy, Incorporated First Quarter 2024 Earnings Conference Call. Please note that this call is being recorded.

Vertex Energy, Inc. (VTNR) Q1 2024 Earnings Call Transcript

Vertex Energy Announces First Quarter 2024 Results and Optimization of Hydrocracking Capacity From Renewables to Conventional Production

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 first quarter of 2024. The Company also announced that it plans to optimize its hyrdrocracking capacity between conventional production and renewables production moving forward. The Company will host a conference call to discuss first quarter 2024 resul.

Vertex Energy Announces First Quarter 2024 Results and Optimization of Hydrocracking Capacity From Renewables to Conventional Production

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Vertex Energy Provides Operational Update for First 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 first quarter of 2024. Highlights include: Anticipated conventional throughput of 64,000 barrels per day (bpd) exceeding guidance of 60,000 to 63,000 bpd due to stronger capacity utilization compared to forecast; Strong renewable throughput and utilization in l.

Vertex Energy Provides Operational Update for First Quarter 2024

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