Vertex Energy, Inc.

NasdaqCM:VTNR Stock Report

Market Cap: US$144.9m

Vertex Energy Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ben Cowart

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage30.3%
CEO tenure15yrs
CEO ownership6.5%
Management average tenure1.8yrs
Board average tenure12.5yrs

Recent management updates

Recent updates

Investors Holding Back On Vertex Energy, Inc. (NASDAQ:VTNR)

Dec 19
Investors Holding Back On Vertex Energy, Inc. (NASDAQ:VTNR)

Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?

Oct 27
Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?

Market Cool On Vertex Energy, Inc.'s (NASDAQ:VTNR) Revenues Pushing Shares 26% Lower

Aug 09
Market Cool On Vertex Energy, Inc.'s (NASDAQ:VTNR) Revenues Pushing Shares 26% Lower

We Think Vertex Energy (NASDAQ:VTNR) Is Taking Some Risk With Its Debt

Jun 17
We Think Vertex Energy (NASDAQ:VTNR) Is Taking Some Risk With Its Debt

Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?

Feb 15
Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?

Vertex Should Improve After Awful Q2, Given Valuation Support

Oct 11

Vertex Energy: Mixed Messages

Sep 05

These Analysts Think Vertex Energy, Inc.'s (NASDAQ:VTNR) Earnings Are Under Threat

Aug 11
These Analysts Think Vertex Energy, Inc.'s (NASDAQ:VTNR) Earnings Are Under Threat

Vertex Energy: This Refining Business Is Priced At 3x 2023 Free Cash Flows

Jun 28

Industry Analysts Just Upgraded Their Vertex Energy, Inc. (NASDAQ:VTNR) Revenue Forecasts By 27%

May 21
Industry Analysts Just Upgraded Their Vertex Energy, Inc. (NASDAQ:VTNR) Revenue Forecasts By 27%

Is There An Opportunity With Vertex Energy, Inc.'s (NASDAQ:VTNR) 41% Undervaluation?

May 18
Is There An Opportunity With Vertex Energy, Inc.'s (NASDAQ:VTNR) 41% Undervaluation?

Vertex Energy: At The Verge Of A Transformational Tipping Point

Apr 11

Vertex Energy (NASDAQ:VTNR) Takes On Some Risk With Its Use Of Debt

Oct 27
Vertex Energy (NASDAQ:VTNR) Takes On Some Risk With Its Use Of Debt

Vertex Energy's Pivotal Pivot

Aug 22

CEO Compensation Analysis

How has Ben Cowart's remuneration changed compared to Vertex Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$126m

Sep 30 2023n/an/a

-US$16m

Jun 30 2023n/an/a

-US$18m

Mar 31 2023n/an/a

-US$6m

Dec 31 2022US$2mUS$477k

-US$17m

Sep 30 2022n/an/a

-US$74m

Jun 30 2022n/an/a

-US$85m

Mar 31 2022n/an/a

-US$32m

Dec 31 2021US$731kUS$366k

-US$27m

Sep 30 2021n/an/a

-US$22m

Jun 30 2021n/an/a

-US$31m

Mar 31 2021n/an/a

-US$19m

Dec 31 2020US$612kUS$359k

-US$32m

Sep 30 2020n/an/a

-US$20m

Jun 30 2020n/an/a

-US$21m

Mar 31 2020n/an/a

-US$15m

Dec 31 2019US$613kUS$352k

-US$12m

Sep 30 2019n/an/a

-US$13m

Jun 30 2019n/an/a

-US$13m

Mar 31 2019n/an/a

-US$11m

Dec 31 2018US$501kUS$345k

-US$8m

Sep 30 2018n/an/a

-US$8m

Jun 30 2018n/an/a

-US$7m

Mar 31 2018n/an/a

-US$11m

Dec 31 2017US$464kUS$335k

-US$12m

Compensation vs Market: Ben's total compensation ($USD1.57M) is above average for companies of similar size in the US market ($USD677.87K).

Compensation vs Earnings: Ben's compensation has increased whilst the company is unprofitable.


CEO

Ben Cowart (54 yo)

15yrs

Tenure

US$1,570,638

Compensation

Mr. Benjamin P. Cowart, also known as Ben, is the Founder of Vertex Energy Inc., and has been its Chairman of the Board, Chief Executive Officer and President since April 2009. Mr. Cowart serves as Preside...


Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Cowart
Founder15yrsUS$1.57m6.53%
$ 9.5m
Christopher Carlson
Chief Financial Officer13.8yrsUS$1.01m1.1%
$ 1.6m
James Rhame
Chief Operating Officer1.8yrsUS$818.11k0.016%
$ 22.7k
James Gregory
General Counsel & Secretary1.3yrsUS$128.13k0.13%
$ 186.0k
Alvaro Ruiz
Chief Strategy Officer1.8yrsUS$1.61m0.094%
$ 135.6k
Bart Rice
Executive Vice Presidentno datano datano data
Douglas Haugh
Chief Commercial Officerless than a yearno data0.0016%
$ 2.3k
John Ragozzino
Investor Relations Contactno datano datano data

1.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: VTNR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Benjamin Cowart
Founder15yrsUS$1.57m6.53%
$ 9.5m
Daniel Borgen
Lead Independent Director15.8yrsUS$46.00k0.25%
$ 369.2k
Christopher Stratton
Independent Director13.8yrsUS$63.70k0.095%
$ 137.0k
Timothy Harvey
Independent Director11.3yrsUS$25.25k0.028%
$ 40.0k
Odeh Khoury
Independent Director1.3yrsno data0.019%
$ 27.6k
Karen Maston
Independent Director1.3yrsno data0.024%
$ 34.3k

12.5yrs

Average Tenure

58yo

Average Age

Experienced Board: VTNR's board of directors are seasoned and experienced ( 12.5 years average tenure).


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