Rob’s Fundamental Stock Analysis

Rob’s Fundamental Stock Analysis

Share this post

Rob’s Fundamental Stock Analysis
Rob’s Fundamental Stock Analysis
Heading to the Vertex?

Heading to the Vertex?

$vtnr story outlined

Rob's Educated Guesses's avatar
Rob's Educated Guesses
Jun 12, 2021
∙ Paid
2

Share this post

Rob’s Fundamental Stock Analysis
Rob’s Fundamental Stock Analysis
Heading to the Vertex?
1
Share

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…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Fein Luxe LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share