TD Cowen initiated coverage on Vertex Energy with a new price target
$VTNR
Integrated oil Companies
Energy
TD Cowen initiated coverage of Vertex Energy with a rating of Market Perform and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $1.00 | Buy → Hold | Craig Hallum |
| 1/24/2024 | $2.00 | Outperform → Market Perform | Northland Capital |
| 12/19/2023 | $4.00 | Buy → Hold | Stifel |
| 7/26/2023 | Outperform → Perform | Oppenheimer | |
| 3/10/2023 | $8.00 | Market Perform | TD Cowen |
| 3/1/2023 | $14.00 | Perform → Outperform | Oppenheimer |
| 2/8/2023 | $15.00 | Outperform | Northland Capital |
| 12/14/2022 | $6.90 | Neutral | UBS |
8-K - Vertex Energy Inc. (0000890447) (Filer)
8-K - Vertex Energy Inc. (0000890447) (Filer)
8-K - Vertex Energy Inc. (0000890447) (Filer)
3 - Vertex Energy Inc. (0000890447) (Issuer)
3 - Vertex Energy Inc. (0000890447) (Issuer)
4 - Vertex Energy Inc. (0000890447) (Issuer)
Enters into Restructuring Support Agreement with Lenders to Commence Expedited Voluntary Chapter 11 Proceeding $80 Million in New Debtor-In-Possession Financing to Fully Support Day-to-Day Business Operations Consensual Deal to Consummate a Chapter 11 Plan and/or Pursue a More Value-Maximizing Sale Transaction Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced it entered into a Restructuring Support Agreement (the "RSA") with overwhelming support of 100% of the Company's term loan lenders (the "Consenting Term Loan Lenders"). To facilitate the transactions contemplated under the
Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that Doug Haugh is stepping down from his role as the Company's Chief Commercial Officer. Mr. Haugh has agreed to provide continued support throughout the rest of 2024, as a Senior Corporate Advisor. The Company also announced that Joshua Foster has been appointed as Chief Commercial Officer and that Benjamin P. Cowart, Chief Executive Officer, will assume interim Chief Operating Officer duties. Mr. Cowart stated, "We are grateful for Doug's leadership and contribution to Vertex over the last year and half. Doug was brought on board to l
Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products and renewable fuels, today announced its operational and financial results for the second quarter of 2024. The Company also updated its progress in the optimization of its hydrocracking capacity between conventional production and renewables production. The Company will host a conference call to discuss second quarter 2024 results today, at 9:00 A.M. Eastern Time. Details regarding the conference call are included at the end of this release. Highlights for the second quarter of 2024 and through the date of this press release include: Secured new $15
Craig Hallum downgraded Vertex Energy from Buy to Hold and set a new price target of $1.00
Northland Capital downgraded Vertex Energy from Outperform to Market Perform and set a new price target of $2.00
Stifel downgraded Vertex Energy from Buy to Hold and set a new price target of $4.00