Vertex Energy (VTNR) is trading 10% higher at $7.84 today. The stock is quickly outshining peers on a green day for the Energy sector.
The price move is likely being affected by the fact that the company reported earnings 82 days ago.
Vertex Energy has been trading between a 52-week high of $18.1 and a 52-week low of $3.3. The stock has a market cap of $593 Million.
Vertex Energy Inc. is a middle market consolidator, refiner and re-refiner of distressed petroleum streams, such as used oil, transmix, fuel oils and off-specification commercial chemical products.
Headlines
Amplify Energy among Energy/Material gainers; PAAS and Fortuna Silver Mines among losers
Seeking Alpha 08-11-22
Vertex Energy -46% since posting surprise Q2 loss; Oppenheimer downgrades
Seeking Alpha 08-10-22
Does CPI Signal Slowing Inflation? Analysts Upgrade or Downgrade RealReal, Twilio, Vertex Energy and More
24/7 Wall street 08-10-22
Micron Technology, Novavax, CarGurus And Some Other Big Losers From Tuesday
Benzinga 08-10-22
Oppenheimer Downgrades Vertex Energy to Perform
Investing.com 08-10-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:Quiet_Foundation6218 - 1 upvotes -
sourceThis $VTNR is a straight shot to $13 Refiner printing cash
Stonkgang_ - 1 upvotes -
sourceNice! I like ASTS, I sold most holdings back in November but have PWR, LNG, ON and just bought $VTNR today. I trade for a living and these posts are odd haha! I only trade them If I feel a good risk to reward is there and $8.39
LetsBeRealisticK - 1 upvotes -
sourceFair, I respect that. I'll look at VTNR