Vertex Energy, Inc. (NASDAQ:VTNR) Q4 2022 Earnings Conference Call February 28, 2023 8:00 AM ET

Company Participants

John Ragozzino - Head of Investor Relations

Ben Cowart - Chairman & Chief Executive Officer

James Rhame - Chief Operating Officer

Chris Carlson - Chief Financial Officer

Bart Rice - Vice President

Conference Call Participants

Manav Gupta - UBS

Donovan Schafer - Northland Capital Markets

Amit Dayal - H.C. Wainwright

Michael Hoffman - Stifel

Eric Stine - Craig-Hallum

Noah Kaye - Oppenheimer

Operator

Good day and welcome to the Vertex Energy Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in listen-only. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note today's event is being recorded.

I would now like to turn the conference over to John Ragozzino, Head of Investor Relations. Please, go ahead.

John Ragozzino

Thank you. Good morning and welcome to Vertex Energy's fourth quarter and full year 2022 results conference call. Leading the call today are Chairman and CEO, Ben Cowart; Chief Financial Officer, Chris Carlson; and Chief Operating Officer, James Rhame. Also attending the call are Chief Strategy Officer, Alvaro Ruiz; Vice President, Bart Rice; and Vice President of Black Oil Operations, John Strickland.

I want to remind you that management's commentary and responses to questions on today's conference call may include forward-looking statements, which, by their nature, are uncertain and outside of the company's control. Although, these forward-looking statements are based on management's current expectations and beliefs, actual results may differ materially.

For a discussion of some of the risk factors that could cause actual results to differ, please refer to the Risk Factors section of Vertex Energy's latest annual and quarterly filings with the SEC. Additionally, please note that you can find reconciliations of the historical non-GAAP financial measures discussed during our call in the press release issued today.

Today's call will begin with remarks from Ben Cowart, followed by an operational review from James Rhame and financial review from Chris Carlson. At the conclusion of the prepared remarks, we'll open the line for questions.

With that, I'll turn the call over to Ben.

Ben Cowart

Thank you, John, and good morning to those joining us on the call today. This morning we issued a press release detailing our financial and operating results for the fourth quarter of 2022. We are pleased to report the continued safe and reliable operations with the improved financial and operating results which exceeded our prior expectations.