Vertex Energy (VTNR) Reports Q2 Loss of $1.20/sh
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Vertex Energy Reports Second Quarter 2022 Results
August 9, 2022 7:51 AM EDTHOUSTON, TX / ACCESSWIRE / August 9, 2022 / Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced its financial results for the second quarter 2022 ended June 30, 2022.
SECOND QUARTER 2022 RESULTS
Completed acquisition of Mobile refinery on April 1, 2022Reported net loss of $63.8 millionRecord Adjusted EBITDA of $71.3 millionReported net loss includes $127.8 million of adjustments to adjusted EBITDARenewable diesel conversion scheduled for start-up in the first quarter 2023Total cash of $98.0 million as... More