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Vertex Energy reports Q1 EPS (19c), consensus (15c)

Vertex Energy reports Q1 EPS (19c), consensus (15c)

Continued safe operation of the Company’s Mobile, Alabama refinery with first quarter 2024 conventional throughput of 64,065 barrels per day, above the high end of prior guidance; Increased Adjusted EBITDA to $18.6 million driven by 28% improvement in crack spreads compared to the fourth quarter of 2023; Reported total cash and cash equivalents of $65.7 million, including restricted cash of $3.6 million.

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