Vertex Energy, Inc.

OTCPK:VTNR.Q Stock Report

Market Cap: US$3.6m

Vertex Energy Management

Management criteria checks 3/4

Vertex Energy's CEO is Ben Cowart, appointed in Apr 2009, has a tenure of 15.67 years. total yearly compensation is $1.00M, comprised of 52% salary and 48% bonuses, including company stock and options. directly owns 6.53% of the company’s shares, worth $231.95K. The average tenure of the management team and the board of directors is 2 years and 7 years respectively.

Key information

Ben Cowart

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage52.0%
CEO tenure15.7yrs
CEO ownership6.5%
Management average tenure2yrs
Board average tenure7yrs

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

CEO Compensation Analysis

How has Ben Cowart's remuneration changed compared to Vertex Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$116m

Mar 31 2024n/an/a

-US$147m

Dec 31 2023US$1mUS$521k

-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 ($USD1.00M) is above average for companies of similar size in the US market ($USD646.54K).

Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.

CEO

Ben Cowart (55 yo)

15.7yrs

Tenure

US$1,003,038

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 and serves as its Interim Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Cowart
Founder15.7yrsUS$1.00m6.53%
$ 232.0k
Christopher Carlson
Chief Financial Officer14.5yrsUS$598.79k1.1%
$ 39.0k
Alvaro Ruiz
Chief Strategy Officer2.5yrsUS$458.83k0.094%
$ 3.3k
James Rhame
Executive Officerless than a yearUS$511.27k0.016%
$ 556.5
James Gregory
General Counsel & Secretary2yrsUS$128.13kno data
Mike Stieneker
Senior Vice President of UMO Operationsless than a yearno datano data
Bart Rice
Executive Vice Presidentno datano datano data
Joshua Foster
Chief Commercial Officer & Refining Directorless than a yearno datano data
John Ragozzino
Investor Relations Contactno datano datano data

2.0yrs

Average Tenure

54.5yo

Average Age

Experienced Management: VTNR.Q's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Benjamin Cowart
Founder15.7yrsUS$1.00m6.53%
$ 232.0k
Jeffrey Stein
Directorless than a yearno datano data
Daniel Borgen
Lead Independent Director16.5yrsUS$352.70k0.25%
$ 9.1k
Timothy Harvey
Independent Director11.9yrsUS$213.70k0.028%
$ 981.8
Odeh Khoury
Independent Director2yrsUS$245.20k0.019%
$ 675.9
Karen Maston
Independent Director2yrsUS$274.70k0.024%
$ 840.8

7.0yrs

Average Tenure

59yo

Average Age

Experienced Board: VTNR.Q's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 08:28
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vertex Energy, Inc. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manav GuptaCredit Suisse
Amit DayalH.C. Wainwright & Co.
Scott LevineImperial Capital