Vertex Energy Inc (VTNR)

[TFMG]

VTNR - Announcement Bullish Momentum. Can This Trend Continue?

Vertex Energy , Inc. is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company's segments include the Black Oil , Refining and Marketing, and Recovery divisions. The Company's product categories include Used Motor Oil , Fuel Oil , pyrolysis gasoline (Pygas), Gasoline Blendstock and Base Oil . The Black Oil division is engaged in operations across the used motor oil recycling value chain, including collection, aggregation, transportation, storage, refinement and sales of aggregated feedstock and re-refined products to end users. The Refining and Marketing division is engaged in the aggregation of feedstock, re-refining it into end products, and selling these products to customers. The Recovery division is a provider of generator solutions for the recovery and management of hydrocarbon streams.

SHORT INTEREST
1.02M 07/15/19

P/E Current
-5.73

P/E Ratio (with extraordinary items)
-4.77

Average Recommendation: BUY

Average Target Price: 2.50