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Stock impact report

Join The Vertex Energy Journey [Seeking Alpha]

Vertex Energy, Inc (VTNR) 
Last vertex energy, inc earnings: 11/8 06:02 am Check Earnings Report
US:NASDAQ Investor Relations: vertexenergy.com/investor-relations
Company Research Source: Seeking Alpha
Join The Vertex Energy Journey Summary Vertex Energy had large and looming debt obligations. Its partnership with Tensile Capital in July should help pay down debt and supply the capital to produce Group III base oils. The first project phase is a pilot proving Vertex' capabilities in Group III base oil production. It should be completed before year-end and trigger a significant debt payment. Vertex is also ready to supply IMO 2020-compliant marine fuel, is continuing to expand its direct collections and will be restarting its TCEP technology plant after 4 years of inactivity. The UMO re-refiner is projecting its fourth quarter adjusted EBITDA could expand 50% compared to the third quarter and could quadruple the 2019 total in 2020. The destination is determined and reservations made. Bags are packed and the SUV loaded. The GPS is programmed and snacks at the ready. And yet, all of these preparations won't change the length of the trip. Still, when contemplating the journey of Vertex Show less Read more
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