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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $1.00 | Buy → Hold | Craig Hallum |
| 1/24/2024 | $2.00 | Outperform → Market Perform | Northland Capital |
| 12/19/2023 | $4.00 | Buy → Hold | Stifel |
| 7/26/2023 | Outperform → Perform | Oppenheimer | |
| 3/10/2023 | $8.00 | Market Perform | TD Cowen |
| 3/1/2023 | $14.00 | Perform → Outperform | Oppenheimer |
| 2/8/2023 | $15.00 | Outperform | Northland Capital |
| 12/14/2022 | $6.90 | Neutral | UBS |
8-K - Vertex Energy Inc. (0000890447) (Filer)
8-K - Vertex Energy Inc. (0000890447) (Filer)
8-K - Vertex Energy Inc. (0000890447) (Filer)
Rhame has agreed to continue supporting Vertex in a consulting role through the end of 2024. Upon Rhame's retirement, Doug Haugh, Vertex's Chief Commercial Officer, will also assume the role of interim Chief Operating Officer.
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 range of 68,000 to 72,000 bpd; and Renewable throughput and utilization in line with prior guidance, which took into account the Company's pause and pivot strategy.
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3 - Vertex Energy Inc. (0000890447) (Issuer)
3 - Vertex Energy Inc. (0000890447) (Issuer)
4 - Vertex Energy Inc. (0000890447) (Issuer)
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 today, at 9:00 A.M. Eastern Time. Details regarding the conference call are included at the end of this release. Highlights for the second quarter of 2024 and through the date of this press release include: Secured new $15
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 accompanying presentation materials (which will be available prior to the start of the conference call) will also be available in the "Events and Presentation" section of Vertex's website at www.vertexenergy.com. To listen to a live b
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 results today, at 9:00 A.M. Eastern Time. Details regarding the conference call are included at the end of this release. Highlights for the first quarter of 2024 and through the date of this press release include: Continued
Enters into Restructuring Support Agreement with Lenders to Commence Expedited Voluntary Chapter 11 Proceeding $80 Million in New Debtor-In-Possession Financing to Fully Support Day-to-Day Business Operations Consensual Deal to Consummate a Chapter 11 Plan and/or Pursue a More Value-Maximizing Sale Transaction 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
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. Cowart, Chief Executive Officer, will assume interim Chief Operating Officer duties. Mr. Cowart stated, "We are grateful for Doug's leadership and contribution to Vertex over the last year and half. Doug was brought on board to l
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 today, at 9:00 A.M. Eastern Time. Details regarding the conference call are included at the end of this release. Highlights for the second quarter of 2024 and through the date of this press release include: Secured new $15
SC 13D - Vertex Energy Inc. (0000890447) (Subject)
SC 13D - Vertex Energy Inc. (0000890447) (Subject)
SC 13D - Vertex Energy Inc. (0000890447) (Subject)
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 Operating Officer. Benjamin P. Cowart, President and CEO of Vertex, stated, "In 2022, we invited James to join our team and assist with the acquisition and transition of our refinery located in Mobile, Alabama, aware that he
Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has appointed energy and technology industry veteran Doug Haugh as Chief Commercial Officer of Vertex Energy, effective April 17, 2023. In his new role, Doug will provide strategic direction for all commercial operations spanning from feedstock to finished products, driving the Company's growth initiatives. Doug brings over 25 years of experience to Vertex, leading growth strategies in retail convenience stores, fuels marketing, supply & trading, renewable products, lubricants, technology, and distribution sectors. Most recently,
Craig Hallum downgraded Vertex Energy from Buy to Hold and set a new price target of $1.00
Northland Capital downgraded Vertex Energy from Outperform to Market Perform and set a new price target of $2.00
Stifel downgraded Vertex Energy from Buy to Hold and set a new price target of $4.00