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News

Vertex Energy Q2 Outlook: Capex $20M-$25M, Direct Operating Expense/BBL $4.11-$4.46

Author: Benzinga Newsdesk | May 09, 2024 06:04am

 

Management Outlook

All guidance presented below is current as of the time of this release and is subject to change. All prior financial guidance should no longer be relied upon.

Conventional Fuels

2Q 2024

Operational:

Low

 

High

Mobile Refinery Conventional Throughput Volume (Mbpd)

68.0

 

72.0

Capacity Utilization

91%

 

96%

Production Yield Profile:

 

 

 

Percentage Finished Products1

64%

 

68%

Intermediate & Other Products2

36%

 

32%

 

     

Renewable Fuels

2Q 2024

Operational:

Low

 

High

Mobile Refinery Renewable Throughput Volume (Mbpd)

2.0

 

4.0

Capacity Utilization

25%

 

50%

Production Yield

96%

 

98%

Yield Loss

4%

 

2%

     

Consolidated

2Q 2024

Operational:

Low

 

High

Mobile Refinery Total Throughput Volume (Mbpd)

70.0

 

76.0

Capacity Utilization

84%

 

92%

 

 

 

 

Financial Guidance:

 

 

 

Direct Operating Expense ($/bbl)

$4.11

 

$4.46

Capital Expenditures ($/MM)

$20.00

 

$25.00

Posted In: VTNR