• 5 minutes Mike Shellman's musings on "Cartoon of the Week"
  • 11 minutes Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 2 days The Discount Airline Model Is Coming for Europe’s Railways
  • 17 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 1 day Pakistan: "Heart" Of Terrorism and Global Threat
  • 11 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 4 hours Starvation, horror in Venezuela
  • 12 hours Saudi Fund Wants to Take Tesla Private?
  • 1 day Venezuela set to raise gasoline prices to international levels.
  • 24 hours Are Trump's steel tariffs working? Seems they are!
  • 2 days WTI @ 69.33 headed for $70s - $80s end of August
  • 2 days Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 5 hours China goes against US natural gas
  • 1 day Corporations Are Buying More Renewables Than Ever
  • 6 hours Why hydrogen economics does not work
Alt Text

China’s Oil Futures Jump To Record High

China’s Yuan denominated crude futures…

Alt Text

Trade War May Push China To Russian Energy

As trade war tensions heat…

Alt Text

Nigeria’s State Owned Oil Company To Go Public

Nigeria's state owned oil company…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Why I Like Vertex Energy (VTNR) Despite The Warning Signs

Some technologies, even some industries, seem to be always on the verge of a breakthrough. The energy sector is particularly prone to this. If you believe the hype, then we are always about to experience some fundamental shift that will change our lives forever, and if you just buy in to one of the struggling companies seeking to exploit this wonderful new technology, you too can be fabulously wealthy! The truth in these predictions, at least to date, can best be gauged by the fact that Exxon Mobil (XOM) made $9.1 Billion in the first quarter of 2014.

For that reason I hesitate to talk positively about a stock in one of those industries that we have probably all been told are “revolutionary”.  This is especially true when the stock is extremely volatile and is on the way back down after nearly tripling in a three and a half month period. While we are on reasons not to trust this thing, how about a market cap of less than $220 Million, or a recent dilution of the stock by a $17.1 Million private placement of shares that caused a one day 14% drop.

All of these negatives apply to Vertex Energy (VTNR) but I still like it. Vertex is in the oil re-refining business. They provide recycling solutions to businesses and take used oil and other waste products and make them into something useful. The green nature of this business makes it a candidate for over hype, and I for one have been told before that re-cycling industrial waste is the next big thing,…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News