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
Industry (SIC)
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 Refining Alabama, LLC • Vertex Marine Fuel Services LLC • Vertex Renewables LLC ...
IRS number
943439569
VTNR stock data
Latest filings (excl ownership)
8-K
Vertex Energy Provides Operational Update for First Quarter 2024
18 Apr 24
8-K
Departure of Directors or Certain Officers
4 Apr 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
CORRECTING and REPLACING Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial and Results
28 Feb 24
8-K
Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial and Results
28 Feb 24
424B3
Prospectus supplement
9 Feb 24
8-K
Material Modifications to Rights of Security Holders
9 Feb 24
EFFECT
Notice of effectiveness
9 Feb 24
CORRESP
Correspondence with SEC
6 Feb 24
UPLOAD
Letter from SEC
5 Feb 24
Transcripts
VTNR
Earnings call transcript
2023 Q4
28 Feb 24
VTNR
Earnings call transcript
2023 Q3
7 Nov 23
VTNR
Earnings call transcript
2023 Q2
9 Aug 23
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
2021 Q3
9 Nov 21
Latest ownership filings
4
Odeh Khoury
11 Apr 24
144
Notice of proposed sale of securities
10 Apr 24
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G
BlackRock Inc.
29 Jan 24
SC 13G/A
STATE STREET CORP
22 Jan 24
4/A
Benjamin P Cowart
12 Jan 24
4
Benjamin P Cowart
28 Dec 23
4
Benjamin P Cowart
20 Dec 23
4
Christopher Allen Stratton
13 Nov 23
144
Notice of proposed sale of securities
13 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 79.31 mm | 79.31 mm | 79.31 mm | 79.31 mm | 79.31 mm | 79.31 mm |
Cash burn (monthly) | (no burn) | 3.59 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 23.98 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 55.33 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 15.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
33.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 92 |
Opened positions | 13 |
Closed positions | 68 |
Increased positions | 29 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 76.60 bn |
Total shares | 30.87 mm |
Total puts | 2.92 mm |
Total calls | 253.20 k |
Total put/call ratio | 11.5 |
Largest owners | Shares | Value |
---|---|---|
Cowart Benjamin P | 5.45 mm | $31.78 mm |
Vanguard | 5.21 mm | $17.67 bn |
GS Goldman Sachs | 3.22 mm | $10.91 bn |
Hotchkis & Wiley Capital Management | 2.25 mm | $7.63 bn |
Bunker One | 1.64 mm | $11.10 mm |
STT State Street | 1.42 mm | $4.81 bn |
Sona Asset Management | 1.40 mm | $4.75 bn |
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS | 1.32 mm | $4.47 bn |
First Eagle Investment Management | 867.80 k | $2.94 bn |
NTRS Northern Trust | 645.25 k | $2.19 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Apr 24 | Odeh Khoury | Common Stock | Sell | Dispose S | No | No | 1.16 | 2,250 | 2.61 k | 17,784 |
28 Dec 23 | Cowart Benjamin P | Common Stock | Gift | Dispose G | No | No | 0 | 28,490 | 0.00 | 400,364 |
28 Dec 23 | Cowart Benjamin P | Common Stock | Other | Acquire J | No | No | 0 | 0 | 0.00 | 428,854 |
19 Dec 23 | Cowart Benjamin P | Common Stock | Gift | Dispose G | Yes | No | 0 | 9,826 | 0.00 | 5,430,870 |
17 Dec 23 | Cowart Benjamin P | Common Stock | Gift | Dispose G | Yes | No | 0 | 9,912 | 0.00 | 5,440,696 |
10 Nov 23 | Christopher Allen Stratton | Common Stock | Sell | Dispose S | No | No | 3.926 | 100,000 | 392.60 k | 88,405 |
News
Why Las Vegas Sands Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
18 Apr 24
HC Wainwright & Co. Maintains Buy on Vertex Energy, Lowers Price Target to $3.5
29 Feb 24
Why Bumble Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
28 Feb 24
Why Beyond Meat Shares Are Trading Higher By Around 56%; Here Are 20 Stocks Moving Premarket
28 Feb 24
Earnings Scheduled For February 28, 2024
28 Feb 24
Press releases
Vertex Energy Provides Operational Update for First Quarter 2024
18 Apr 24
Vertex Energy Schedules First Quarter 2024 Earnings Release and Conference Call
10 Apr 24
Vertex Energy Announces Fourth Quarter and Full Year 2023 Financial Results
28 Feb 24
Vertex Energy Announces Fourth Quarter 2023 Earnings Release and Conference Call Date
31 Jan 24
Vertex Energy Provides Operational Update for Fourth Quarter 2023
23 Jan 24