Vertex Energy (VTNR) Issues Q4 Operational Update

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Go back to Vertex Energy (VTNR) Issues Q4 Operational Update

Vertex Energy Provides Operational Update for Fourth Quarter 2023

January 23, 2024 6:30 AM EST

Conventional throughput volumes anticipated at approximately 67,000 bpd, vs. previously forecasted 68,000-71,000 bpd

Expected fourth quarter finished product yield of 65%-67%, in line with previously forecasted range of 64%-68%

Renewable throughput volumes anticipated at approximately 3,900 bpd, at the low end of previously forecasted 4,000-6,000 bpd

Expected renewable production yield at approximately 96% vs. prior forecasted range of 97%-98%

Average fourth quarter crack spreads on finished refined products declined 40% vs. third quarter average levels.

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