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Vertex Energy (VTNR)

Vertex Energy (VTNR)
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Vertex Energy, Inc. operates as an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its primary focus is recycling used motor oil and other petroleum by-product streams. Vertex operates in three divisions: Black Oil Division, Refining and Marketing Division and Thermal Chemical Extraction Process. The Company also manages the transport, storage and delivery of the aggregated feedstock and product streams to end users, and manages the re-refining of a portion of its aggregated petroleum streams in order to sell them as end products. It sells its aggregated petroleum streams as feedstock to other re-refineries and fuel blenders or as replacement fuel for use in industrial burners. Vertex Energy, Inc. is based in Houston, Texas.
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 3,177,190 2,791,720 115,780 135,030 163,370
Sales Growth +13.81% +2,311.23% -14.26% -17.35% -9.60%
Net Income -71,490 -4,820 -18,360 -27,170 -7,330
Net Income Growth -1,383.20% +73.75% +32.43% -270.67% -230.18%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 854,620 689,390 266,060 122,100 120,760
Total Assets Growth +23.97% +159.11% +117.90% +1.11% +43.49%
Total Liabilities 654,240 523,970 235,990 92,420 73,910
Total Liabilities Growth +24.86% +122.03% +155.35% +25.04% +122.82%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow -58,480 70,810 -15,520 -80 2,470
Operating Cash Flow Growth -182.59% +556.25% -19,300.24% -103.24% -54.09%
Net Cash Flow -65,610 9,560 125,630 6,800 1,350
Change in Net Cash Flow -786.30% -92.39% +1,747.50% +403.70% -22.41%
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