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News

Vertex Energy Q3 Outlook: Capex $15M-$20M, Direct Operating Expense/BBL $5.52-$6.02

Author: Benzinga Newsdesk | August 08, 2024 06:06am

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

3Q 2024

Operational:

Low

 

High

Mobile Refinery Conventional Throughput Volume (Mbpd)

55.0

 

60.0

Capacity Utilization

73%

 

80%

Production Yield Profile:

 

 

 

Percentage Finished Products1

64%

 

68%

Intermediate & Other Products2

36%

 

32%

 

 

 

 

Financial Guidance:

Low

 

High

Direct Operating Expense ($/bbl)

$5.52

 

$6.02

Capital Expenditures ($/MM)

$15.00

 

$20.00

1) Finished products include gasoline, ULSD, and Jet A

2) Intermediate & Other products include Vacuum Gas Oil (VGO), Liquified Petroleum Gases (LPGs), and Vacuum Tower Bottoms (VTBs)

Posted In: VTNR

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