Vertex Energy down on Q4 production forecast cut

Vertex Energy

23/01/2024 12:42

** Shares of U.S. refiner Vertex Energy  VTNR.O  fall 1.1%
to $1.88 premarket
    ** Co cuts forecast for Q4 throughput volumes at its Alabama
Refinery to 67,000 barrels per day (bpd) vs prior forecast of
68,000 bpd to 71,000 bpd
    ** Expects Q4 renewable diesel production to be 3,900 pbd,
below its prior forecast of 4,000 bpd to 6,000 bpd
    ** VTNR stock fell 45% in 2023

 (Reporting by Vallari Srivastava)
 ((Srivastava.Vallari@thomsonreuters.com;))