{"schema_version":"secwatch.filing_event.v1","accession":"0001839882-24-014960","form_type":"8-K","ticker":null,"cik":"0000890447","company_name":"Vertex Energy Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.329423+00:00","generated_at":"2026-06-02T08:06:28.521514+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vertex Energy Q1 net loss $17.7M; adjusted EBITDA $18.6M; pivots hydrocracker from renewables to conventional","bullets":["Net loss $17.7M ($0.19/diluted share) improved from Q4; adjusted EBITDA $18.6M driven by 28% higher crack spreads.","Conventional throughput 64,065 bpd above guidance high end; renewable diesel throughput 4,090 bpd in line.","Plans to optimize hydrocracker from renewable diesel to conventional production; conversion timed with planned catalyst change in Q4 2024.","Direct operating expense down 11%, capex down 29% vs guidance midpoints; cash & equivalents $65.7M (incl. restricted $3.6M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001839882-24-014960","json":"https://secwatch.observer/filing/0001839882-24-014960.json","markdown":"https://secwatch.observer/filing/0001839882-24-014960.md","text":"https://secwatch.observer/filing/0001839882-24-014960.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890447/000183988224014960/0001839882-24-014960-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890447/000183988224014960/vtnr-8k_050924.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:06:28.521514+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"628343627c3aa3cf402ad94564d63bb51b5aa865","claim":"Vertex Energy Inc. reported the first quarter of 2024 results: net income ($17.7) million, or ($0.19) per fully-diluted share, EPS ($0.19) per fully-diluted share.","evidence_excerpt":"Vertex Energy, Inc. (NASDAQ:VTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products and renewable fuels, today announced its operational and financial results for the first quarter of 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890447/000183988224014960/0001839882-24-014960-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Net income","value":"($17.7) million, or ($0.19) per fully-diluted share"},{"label":"EPS","value":"($0.19) per fully-diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}