Vertex Stock News

Vertex Energy press release (VTNR): Q4 adj. net income of $4.6M.Revenue of $31.78M (+82.4% Y/Y) misses by $12.86M.

The used-oil refiner reported earnings, but it was the business update that likely put investors in a buying mood.

Vertex Energy Inc (NASDAQ: VTNR) reported fourth-quarter revenue growth of 82.5% year-over-year to $31.79 million, beating the consensus of $29.37 million. Q4 Adjusted net income recovered to $4.64

Vertex Energy, Inc. (VTNR) CEO Ben Cowart On Q4 2021 Results - Earnings Call Transcript

Companies Reporting Before The Bell • Babcock & Wilcox (NYSE: BW ) is likely to report quarterly earnings at $0.10 per share on revenue of $196.62 million. • Desktop Metal (NYSE: DM ) is projected to report quarterly loss at $0.09 per share on revenue of $49.58 million. • Stevanato Group (NYSE: STVN ) is projected to report quarterly earnings at $0.11 per share on revenue of $244.99 million. • CPI Card (NASDAQ: PMTS ) is likely to report quarterly earnings at $0.35 per share on revenue of $94.40 million. • CareMax (NASDAQ: CMAX ) is likely to report quarterly loss at $0.06 per share on revenue of $118.44 million. • Matinas BioPharma Hldgs (AMEX: MTNB ) is expected to report quarterly loss at $0.03 per share on revenue of $470.00 thousand. • Nuvei (NASDAQ: NVEI ) is likely to report quarterly earnings at $0.57 per share on revenue of $264.56 million. • Gaotu Techedu (NYSE: GOTU ) is likely to report quarterly earnings at $0.26 per share on revenue of $333.80 million. • OptiNose (NASDAQ: OPTN ) is estimated to report quarterly loss at $0.

U.S. stocks opened higher this morning after recording sharp losses on Tuesday. US President Biden late Tuesday announced sanctions on some Russian banks and individuals. Following the market opening Wednesday, the Dow traded up 0.35% to 33,713.48 while the NASDAQ rose 0.41% to 13,436.52. The S&P also rose, gaining, 0.44% to 4,323.73. Check out this: Insiders Buy More Than $170M Of 4 Stocks Leading and Lagging Sectors Energy shares climbed by 1.4% on Wednesday. Meanwhile, top gainers in the sector included Renewable Energy Group, Inc. (NASDAQ: REGI ), up 24% and Vertex Energy, Inc. (NASDAQ: VTNR ) up 8%. In trading on Wednesday, utilities shares fell by 0.1%. Top Headline Lowe''s Companies, Inc. (NYSE: LOW ) reported better-than-expected earnings for its fourth quarter and raised its guidance. Lowe''s Companies posted quarterly earnings of $1.78 per share, beating analysts estimates of $1.70 per share. The companys quarterly sales came in at $21.34 billion, versus expectations of $20.87 billion.

Vertex Energy said in a Feb. 17 statement it has contracted 100% of the renewable diesel to be produced at its Mobile, Alabama, refinery to Idemitsu Apollo Renewable Corporation under an offtake agreement which will increase volumes of the low-carbon fuel heading to the lucrative California market. Under the five-year product supply agreement with the California-based wholesale supplier of gasoline…

NEW YORK , Feb. 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PLTR, MTTR, FSLY, KGC, and VTNR. … Full story available on Benzinga.com

US stocks opened on a downbeat note on Thursday following the release of several economic reports. Following the market opening Thursday, the Dow traded down 1.22% to 34,507.50 while the NASDAQ fell 1.33% to 13,936.24. The S&P also fell, dropping, 1.28% to 4,417.73. Check out this: Insiders Buy More Than $18M Of 4 Stocks Leading and Lagging Sectors Energy shares climbed 0.3% on Thursday. Meanwhile, top gainers in the sector included Vertex Energy, Inc. (NYSE: VTNR ), up 4% and Vertex Energy, Inc. (NYSE: MRO ) up 4%. In trading on Thursday, information technology shares tumbled by 1.7%. Top Headline Walmart Inc. (NYSE: WMT ) reported better-than-expected earnings for its fourth quarter and raised its dividend. Walmart reported fourth-quarter FY22 sales growth of 0.5% year-on-year, to $152.87 billion, beating the consensus of $151.54 billion. Adjusted EPS of $1.53 beat the analyst consensus of $1.50. Walmart board approved an annual cash dividend for FY23 of $2.24 per share, up 2% from the $2.20 paid for the last fiscal year.

Vertex Energy (VTNR) +8.8% pre-market after announcing a five-year product supply agreement with California-based Idemitsu Apollo Renewable for 100% of renewable diesel produced at…

Vertex Energy Inc. (NASDAQ:VTNR)’s traded shares stood at 3.5 million during the last session, with the company’s beta value hitting 1.81. At the close of trading, the stock’s price was $4.90, to imply a decrease of -9.09% or -$0.49 in intraday trading. The VTNR share’s 52-week high remains $14.32, putting it -192.24% down since that … Boom Or Bust: What Are Vertex Energy Inc.’s (NASDAQ:VTNR) Future Prospects? Read More »

The energy company's deal to sell a business went south...and so did its stock price.

Vertex Energy (VTNR) -3.8% pre-market on news that the planned sale of its used motor oil collection and recycling assets to Clean Harbors'' (CLH) Safety-Kleen subsidiary has