Vertex Energy (VTNR) to Join Russell 3000 Index

Vertex Energy, Inc. (NASDAQ: VTNR) today announced it is set to join the broad-market Russell 3000^� Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3.

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization. Membership in the US all-cap Russell 3000^� Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000^� Index or small-cap Russell 2000^� Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

"We are honored to be included in the Russell 3000^� Index," stated Benjamin Cowart, Chairman and Chief Executive Officer of Vertex. "Our addition to the Index is a testament to the dedication of our employees, the long-term support of our investors and our collective focus on value creation. We are proud to be a leader in the transition toward a clean energy future."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000^� Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.

You May Also Be Interested In