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Vertex Energy, Inc.: Vertex Energy Reports First Quarter 2021 Results


Vertex Energy, Inc.: Vertex Energy Reports First Quarter 2021 Results
HOUSTON, TX / ACCESSWIRE / May 13, 2021 /
Vertex Energy, Inc. (NASDAQ:VTNR)( Vertex Energy or the Company ), a leading specialty refiner and marketer of high-quality refined products, today announced its financial results for the first quarter 2021 ended March 31, 2021.
FIRST QUARTER 2021 RESULTS
Generated net income attributable to Vertex Energy, Inc. of $1.0 million
Adjusted EBITDA of $6.5 million, an increase of $4.9 million from first quarter 2020
Total collections +17% y/y to 10.4 million gallons
Marrero and Heartland refineries both operated a peak utilization, given strong refined product margins
Group II+ base oil prices increased 20% on a y/y basis, supporting improved margin capture at Heartland ....

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Vertex Inc.: Vertex Welcomes Dynamic Leader Yvette C. Burton, Ph.D. As Chief People Innovation Officer


Vertex Inc.: Vertex Welcomes Dynamic Leader Yvette C. Burton, Ph.D. As Chief People Innovation Officer
Executive Leadership to Advance Company s Global Workforce Strategy
KING OF PRUSSIA, Pa., April 12, 2021as its first Chief People Innovation Officer, effective immediately. Dr. Burton is responsible for shaping the company s global strategic workforce planning efforts and leading organizational programs to advance inclusion and diversity.
Burton comes to Vertex from Columbia University, where she was the academic director of the school s Human Capital Management Program. She will draw on her executive expertise, including over 20 years in high-impact human capital strategies for the media, consumer, industrial product, and defense industries, to lead and engage employees worldwide. Burton was also named to Crain s New York inaugural list of Notable LGBTQ Leaders and Executives in 2020. ....

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