Vertex Energy rises on higher estimate for Q3 throughput volumes

Vertex Energy

13/10/2023 15:55

** Shares of U.S.-based refiner Vertex Energy  VTNR.O  up
8.9% at $4.59 
    ** Co sees Q3 throughput volumes at Alabama Refinery to be
about 80,000 barrels per day (bpd), above its prior outlook of
74,000 bpd-77,000 bpd
    ** Sees finished fuel products to account for 65%-67% of
total production volumes for Q3, ahead of forecast range of
59%-63%
    ** Adds, operating expenses & capital expenditures for Q3 to
be in line with prior expectations
    ** Including session gains, VTNR shares down 24.8% YTD

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com;))