Vertex Energy Q3 Renewable Diesel Throughput 5,397 BPD, With Phase One Capacity Utilization Of 67.5%
Portfolio Pulse from Benzinga Newsdesk
Vertex Energy reported Q3 renewable diesel throughput of 5,397 barrels per day (BPD), with phase one capacity utilization at 67.5%.
November 07, 2023 | 11:18 am
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NEUTRAL IMPACT
Vertex Energy's Q3 report shows a renewable diesel throughput of 5,397 BPD, with phase one capacity utilization at 67.5%.
The report indicates that Vertex Energy is utilizing a significant portion of its phase one capacity for renewable diesel production. This could be seen as a positive sign of operational efficiency, but the impact on the stock price will depend on how this compares to market expectations and the company's previous performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100