Vertex Energy slumps after Q4 loss

Vertex Energy

28/02/2024 12:40

** Shares of refiner Vertex Energy  VTNR.O  tumble ~17% to
$1.40 premarket
    ** Co posts loss in Q4 vs. year-ago profit pressured by
lower gross fuel margins and throughput 
    ** Reports Q4 net loss 84 cents/shr, compared with a
year-ago profit of 7 cents/shr
    ** VTNR posts Q4 conventional fuels refinery throughput of
67,083 barrels per day (bpd) in Q4, compared with 77,964 bpd a
year ago 
    ** Stock fell 45% in 2023

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