canvastrio.blogg.se

Whitecap marine
Whitecap marine












whitecap marine

In April, the specialty refiner acquired the Mobile, Alabama refinery and related marine terminal and logistics assets from Equilon Enterprises LL for $75 million in cash, along with roughly $25 million for capital expenditures. Here’s what could influence VTNR’s performance in the near term: Although the energy company’s strong operational momentum and growing regional demand could help it improve its margins, its lofty valuation is not in sync with its growing losses. Moreover, VTNR’s negative profit margin could be concerning. While the environmental services company could benefit from the optimism surrounding the energy transition market, its losses broadened significantly year-over-year in the first quarter. stock market now in bear market territory amid a potential recession fear. However, the stock has declined 2% over the past five days, with the U.S. With VTNR’s refined product margins on conventional fuels hitting multi-year highs in the first quarter of 2022 and investors becoming more optimistic about its continued growth in used motor oil (UMO) collections, together with oil prices hitting a 13-week high last week, the energy company’s shares jumped 254.3% so far this year and 68.8% over the past month. ( VTNR ) is a specialty refiner of alternative feedstocks or replacement fuel for industrial burners and a distributor of high-purity petroleum products. Energy transition company Vertex Energy, Inc.














Whitecap marine