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

Company profile
Ticker
VTNR
Exchange
Website
CEO
Benjamin Cowart
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Exxon Mobil • Chevron • Conoco Phillips • Phillips 66 • Valero Energy • Hess • Marathon Petroleum • PBF Energy • CVR Energy • Delek US ...
Former names
VOICE POWERED TECHNOLOGY INTERNATIONAL INC, WORLD WASTE TECHNOLOGIES INC
SEC CIK
Corporate docs
Subsidiaries
Vertex Energy • Vertex Refining LA, LLC • Vertex Recovery Management, LLC • Vertex Recovery Management LA, LLC • Vertex Splitter Corporation • Vertex Refining Myrtle Grove LLC • Vertex Refining Texas LLC • Vertex Marine Fuel Services LLC • Vertex Renewables LLC • Vertex Renewables Alabama LLC ...
IRS number
943439569
VTNR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
8 Jun 23
8-K
Vertex Energy Announces Commercial Production of Renewable Diesel and Entry into Working Capital Facility for Renewable Diesel Business
31 May 23
8-K
Departure of Directors or Certain Officers
16 May 23
424B3
Prospectus supplement
15 May 23
EFFECT
Notice of effectiveness
10 May 23
EFFECT
Notice of effectiveness
10 May 23
8-K
Vertex Energy Announces First Quarter 2023 Results
9 May 23
POS EX
Additional exhibits for listing
8 May 23
POS EX
Additional exhibits for listing
8 May 23
10-Q
2023 Q1
Quarterly report
8 May 23
Transcripts
VTNR
Earnings call transcript
2023 Q1
9 May 23
VTNR
Earnings call transcript
2022 Q4
28 Feb 23
VTNR
Earnings call transcript
2022 Q3
8 Nov 22
VTNR
Earnings call transcript
2022 Q2
9 Aug 22
VTNR
Earnings call transcript
2022 Q1
10 May 22
VTNR
Earnings call transcript
2021 Q4
8 Mar 22
VTNR
Earnings call transcript
2020 Q4
9 Mar 21
VTNR
Earnings call transcript
2020 Q2
11 Aug 20
VTNR
Earnings call transcript
2020 Q1
15 May 20
VTNR
Earnings call transcript
2019 Q3
8 Nov 19
Latest ownership filings
144
Notice of proposed sale of securities
31 May 23
4
Alvaro Ruiz
23 May 23
4
James Gary Rhame
16 May 23
4
Alvaro Ruiz
16 May 23
4
Benjamin P Cowart
16 May 23
4
Chris Carlson
16 May 23
4
Douglas Scott Haugh
16 May 23
SC 13G/A
STATE STREET CORP
10 May 23
3
Douglas Scott Haugh
24 Apr 23
4
Benjamin P Cowart
20 Apr 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 95.12 mm | 95.12 mm | 95.12 mm | 95.12 mm | 95.12 mm | 95.12 mm |
Cash burn (monthly) | 17.02 mm | 2.45 mm | (no burn) | (no burn) | 12.27 mm | (no burn) |
Cash used (since last report) | 39.79 mm | 5.73 mm | n/a | n/a | 28.67 mm | n/a |
Cash remaining | 55.33 mm | 89.39 mm | n/a | n/a | 66.45 mm | n/a |
Runway (months of cash) | 3.3 | 36.4 | n/a | n/a | 5.4 | n/a |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 384 |
Opened positions | 77 |
Closed positions | 76 |
Increased positions | 131 |
Reduced positions | 124 |
13F shares | Current |
---|---|
Total value | 8.41 tn |
Total shares | 380.17 mm |
Total puts | 2.51 mm |
Total calls | 1.62 mm |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
Capital World Investors | 36.66 mm | $905.98 bn |
CG Carlyle Group Inc | 36.66 mm | $905.93 bn |
Vanguard | 30.51 mm | $753.85 bn |
Ta Associates | 23.30 mm | $579.83 bn |
MS Morgan Stanley | 22.65 mm | $559.62 bn |
Dragoneer Investment | 21.20 mm | $523.95 bn |
Wellington Management | 18.45 mm | $455.95 bn |
BLK Blackrock | 16.89 mm | $417.47 bn |
Henry Schuck | 13.38 mm | $0.00 |
Allianz Global Investors U.S. | 12.90 mm | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 23 | Alvaro Ruiz | Common Stock | Option exercise | Acquire M | No | No | 1.45 | 6,250 | 9.06 k | 87,500 |
20 May 23 | Alvaro Ruiz | Option to Purchase Common Stock Common Stock | Option exercise | Dispose M | No | No | 1.45 | 6,250 | 9.06 k | 0 |
19 May 23 | Alvaro Ruiz | Common Stock | Option exercise | Acquire M | No | No | 1.92 | 25,000 | 48.00 k | 81,250 |
19 May 23 | Alvaro Ruiz | Option to Purchase Common Stock Common Stock | Option exercise | Dispose M | No | No | 1.92 | 25,000 | 48.00 k | 50,000 |
14 May 23 | Cowart Benjamin P | Stock Option Common Stock | Grant | Acquire A | No | No | 6.46 | 48,603 | 313.98 k | 48,603 |
14 May 23 | Carlson Chris | Stock Option Common Stock | Grant | Acquire A | No | No | 6.46 | 26,433 | 170.76 k | 26,433 |
14 May 23 | Douglas Scott Haugh | Stock Option Common Stock | Grant | Acquire A | No | No | 6.46 | 150,000 | 969.00 k | 150,000 |
14 May 23 | Alvaro Ruiz | Stock Option Common Stock | Grant | Acquire A | No | No | 6.46 | 24,301 | 156.98 k | 24,301 |
News
HC Wainwright & Co. Maintains Buy on Vertex Energy, Lowers Price Target to $12
8 Jun 23
Smartsheet, Oxford Industries And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
8 Jun 23
Oppenheimer Maintains Outperform on Vertex Energy, Lowers Price Target to $13
10 May 23
Why PRA Group Shares Are Trading Lower By 44%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
9 May 23
Why Vertex Energy Shares Are Sliding Today
9 May 23
Press releases
VERTEX DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Vertex Energy, Inc. and Encourages Investors to Contact the Firm
9 Jun 23
VERTEX ENERGY 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Vertex Energy, Inc. - VTNR
9 Jun 23
VTNR LAWSUIT ALERT: Levi & Korsinsky Notifies Vertex Energy, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
9 Jun 23
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Vertex Energy, Inc. (VTNR)
9 Jun 23
VTNR SHAREHOLDER ALERT: Jakubowitz Law Reminds Vertex Shareholders of a Lead Plaintiff Deadline of June 12, 2023
9 Jun 23