Vertex Energy, Inc. is an energy transition company specializing in refining and marketing high-value conventional and lower-carbon alternative transportation fuels. The Company operates through two segments: Refining and Marketing, and Black Oil and Recovery. The Refining and Marketing segment manages the refining of crude oil and distributes finished products across the southeastern United States through a high-capacity truck rack, together with deep and shallow water distribution points capable of supplying waterborne vessels. The Black Oil and Recovery segment aggregates and manages the re-refinement of used motor oil and other petroleum by-products and sells the re-refined products to end customers. It manages the logistics of transport, storage and delivery of used oil to its customers. It owns a fleet of about 25 transportation trucks. The Company operates used motor oil processing plants in Houston, Texas, Port Arthur, Texas, Marrero, Louisiana, and Columbus, Ohio.
During the most recent quarter, 4K shares were bought, and 133K shares were sold in insider trading.
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