Name | Value |
---|---|
Revenues | 734.9M |
Cost of Revenue | 736.3M |
Gross Profit | -1.4M |
Operating Expense | 43.7M |
Operating I/L | -45.0M |
Other Income/Expense | 9.1M |
Interest Income | 77.5M |
Pretax | -113.5M |
Income Tax Expense | -28.7M |
Net Income/Loss | -81.4M |
Vertex Energy, Inc. is an environmental services company operating in the Gulf Coast and Central Midwest regions of the United States. The company's Black Oil segment collects and sells used motor oil as a feedstock or replacement fuel, and also produces and sells vacuum gas oil and base oil products. The Refining and Marketing segment gathers hydrocarbon streams and sells end products such as gasoline blendstock and fuel oil cutter stock. The Recovery segment sells recyclable metal products, Group III base oils, and provides transportation and marine salvage services.