Rob’s Fundamental Stock Analysis

Rob’s Fundamental Stock Analysis

Heading to the Vertex?

$vtnr story outlined

Rob's Educated Guesses's avatar
Rob's Educated Guesses
Jun 12, 2021
∙ Paid

Vertex Energy $vtnr has a modest history as a refiner of UMO (used motor oil) with EBITDA around $10-15m per year, a relatively clean balance sheet and 60 million shares out.  When the stock was meandering around $1-2, its EV/EBITDA was around 10x, about right.  The company has had a great relationship with a maritime fuel trader/reseller Bunker One whe…

User's avatar

Continue reading this post for free, courtesy of Rob's Educated Guesses.

Or purchase a paid subscription.
© 2026 Fein Luxe LLC · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture