Vertex Energy and Its Lenders Initiate Formal Pathway Aimed at Achieving Sustainable Capital Structure
Vertex Energy, Inc. (
NASDAQVTNR) ("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 RSA, including exploration of a sale transaction, the Company commenced Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas.
Vertex Energy Announces Management Transition
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Announces Second Quarter 2024 Results
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Schedules Second Quarter 2024 Earnings Release and Conference Call
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Announces Retirement of Chief Operating Officer, James Rhame
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Provides Operational Update for Second Quarter 2024
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Announces First Quarter 2024 Results and Optimization of Hydrocracking Capacity From Renewables to Conventional Production
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Provides Operational Update for First Quarter 2024
Vertex Energy, Inc. (
NASDAQVTNR) ("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.
Vertex Energy Schedules First Quarter 2024 Earnings Release and Conference Call
Vertex Energy, Inc. (
NASDAQVTNR) ("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 first quarter 2024 financial results before the market opens on Thursday, May 9, 2024. A conference call will be held that same day at 9:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
Vertex Energy Announces Fourth Quarter 2023 Earnings Release and Conference Call Date
Vertex Energy, Inc. (
NASDAQVTNR) ("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 fourth quarter 2023 financial results before the market opens on Wednesday, February 28, 2024. A conference call will be held that same day at 8:30 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
Vertex Energy Provides Operational Update for Fourth Quarter 2023
Vertex Energy, Inc. (
NASDAQVTNR) (“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 fourth quarter of 2023, and announced the timing of its Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call.
Vertex Energy Amends Existing Term Loan Agreement
Vertex Energy, Inc. (
NASDAQVTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced that it has successfully amended its existing term loan agreement. The Company has reached an agreement with its existing group of lenders to modify certain terms and conditions of the term loan agreement aimed at improving the Company’s balance sheet.
Vertex Energy Meets Renewable Fuel Standard Revised Annual Compliance Report Filing Deadline of December 1, 2023, for Calendar Year 2022
Vertex Energy, Inc. (
NASDAQVTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced that Vertex Refining Alabama LLC, the owner and operator of the Mobile Refinery, located in Mobile, Alabama, has filed its annual compliance report for calendar year (CY) 2022 under the U.S. Environmental Protection Agency’s Renewable Fuel Standard (RFS), in accordance with the December 1, 2023 filing deadline and satisfied its renewable volume obligation (RVO) for CY 2022.
Remembering Board Member Chris Stratton: A Tribute to His Legacy and Contributions
Vertex Energy, Inc. (
NASDAQVTNR) ("Vertex" or the "Company") today pays tribute to the enduring legacy of Chris Stratton, esteemed member of our Board of Directors, who passed away on November 16th.
Vertex Energy Announces Third Quarter 2023 Results
Vertex Energy, Inc. (
NASDAQVTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced its financial results for the third quarter ended September 30, 2023.
Vertex Energy Engages Investment Bank to Enhance Renewable Fuels and Sustainable Products Growth Strategy
Vertex Energy, Inc. (
NASDAQVTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has formally named BofA Securities, Inc. (“BofA”) as Vertex’s strategic financial advisor to assist with the Company's renewable fuels and sustainable products growth strategy.
Vertex Energy Provides Operational Update for Third Quarter 2023
Vertex Energy, Inc. (
NASDAQVTNR) ("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 third quarter of 2023.
Vertex Energy Announces Third Quarter 2023 Earnings Release and Conference Call Date
Vertex Energy, Inc. (
NASDAQVTNR) ("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 third quarter 2023 financial results before the market opens on Tuesday, November 7, 2023. A conference call will be held that same day at 8:30 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
Vertex Energy Announces Upcoming Investor Conference Participation
Vertex Energy, Inc. (
NASDAQVTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it plans to participate in two investor conferences during the month of September, 2023:
Vertex Energy Announces Second Quarter 2023 Results
Vertex Energy, Inc. (
NASDAQVTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced its financial results for the second quarter ended June 30, 2023.
Northland Capital Markets Institutional Investor ConferenceMINNEAPOLIS, MN / ACCESSWIRE / July 26, 2023 / We are pleased to be hosting the Northland Capital Markets Institutional Investor Conference 2023 on Tuesday September 19, 2023, at the Minneapolis Marriott City Center, Downtown Minneapolis. We have over 90 companies to participating. The format will be 10 one-on-one meetings (or small group) scheduled in 35 minute increments.
Vertex Energy Provides Operational Update for Second Quarter 2023
Vertex Energy, Inc. (
NASDAQVTNR) ("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 2023.
Vertex Energy Announces Second Quarter 2023 Earnings Release and Conference Call Date
Vertex Energy, Inc. (
NASDAQVTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it will report its second quarter 2023 financial results before the market opens on Wednesday, August 9, 2023. A conference call will be held that same day at 8:30 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
Vertex Energy Announces First Commercial Sales of Renewable Diesel
Vertex Energy, Inc. (
NASDAQVTNR) ("Vertex" or “the Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that the Company has completed its first series of commercial sales transactions of renewable diesel ("RD") from its recently completed Renewable Diesel production facility at its refinery located in Mobile, Alabama (the “Mobile Refinery”). The initial sales totaled approximately 110,000 barrels of RD to Idemitsu Apollo Renewable Corporation ("Idemitsu"), a wholly-owned California-based subsidiary of Idemitsu Kosan, per the previously disclosed product supply agreement announced in February 2022.
