Vertex Energy Inc VTNRQ

Energy Oil & Gas Refining & Marketing

Vertex Energy Inc. is an energy transition company that specializes in producing both renewable and conventional fuels. The Company is engaged in operations across the petroleum value chain, including refining, collection, aggregation, transportation, storage and sales of aggregated feedstock and refined products to end-users. Its segments include Refining and Marketing and Black Oil and Recovery. The Refining and Marketing segment is engaged in the refining and distribution of petroleum products and includes the Mobile Refinery and related operations. In addition, it aggregates a diverse mix of feedstocks petroleum distillates, transmix and other off-specification chemical products. The Black Oil business is engaged in operations across the entire used motor oil recycling value chain including collection, aggregation, transportation, storage, refinement, and sales of aggregated feedstock and re-refined products to end users. It owns a fleet of 68 collection vehicles.

PINL:VTNRQ - Post by User

Vertex Energy Inc

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Comment by BayStreetRaideron Jul 22, 2014 3:49pm

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Post# 22771040

RE:RE:VTNR opportunity

Yeah ok buddy, you can't pre-pump a stock that has had an average of volume of 500K over the last three months. Vertex Energy is not a penny stock that you can manipulate on a Stockhouse bullboard.

Perhaps it was assertive of me to signal that I expect the stock will go north of $12 but I will tell you that I've done the fundamental due diligence and the stock does have earnings power.

I don't have the time or inclination to share with you how I got to my number, if you like to see a really nice explanation go check out Trae Boyd's report on Seeking Alpha. It's a little old now (2012) but it will give you a good illustration of what Vertex is about.

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