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Vertex Energy, Inc - VTNR STOCK NEWS

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

Vertex Energy, Inc. (VTNR) is a leading innovator in transforming distressed hydrocarbon streams into renewable fuels and specialty products. This news hub provides investors and industry stakeholders with timely updates on the company's operational milestones, environmental initiatives, and market positioning within the energy transition sector.

Access comprehensive coverage of VTNR's corporate developments including quarterly earnings reports, sustainability achievements, and strategic partnerships. Our curated news collection offers essential insights into the company's re-refining technologies and their role in advancing circular economy solutions for the energy sector.

Stay informed about critical updates spanning production capacity expansions, regulatory compliance developments, and market penetration strategies. The repository serves as a vital resource for tracking how Vertex Energy converts industrial byproducts into valuable commodities while reducing environmental impact.

Bookmark this page for direct access to verified VTNR announcements and analysis. Regularly updated content ensures you maintain current awareness of this hydrocarbon recycling leader's progress in sustainable energy innovation.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Vertex Energy names BofA Securities as strategic financial advisor for renewable fuels and sustainable products growth strategy.
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Vertex Energy, Inc. provides an update on its financial and operational outlook for Q3 2023.
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Vertex Energy, Inc. will report Q3 2023 financial results on November 7, 2023. A conference call will be held to discuss the results.
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Vertex Energy, Inc

Nasdaq:VTNR

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4.87M
93.51M
8.89%
32.51%
12.08%
Oil & Gas Refining & Marketing
Petroleum Refining
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United States
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