Since 1962, Vertex has been a leading North American provider of environmental services.
Through our diverse services offering, Vertex offers solutions at all stages of a client’s project.
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News & Resources
VERTEX RESOURCE GROUP LTD. ACQUIRES YOUNG ENERGYSERVE INC
Sep 30, 2022
Sherwood Park, Alberta, September 30, 2022 (TSX.V: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) is pleased to announce that it has acquired Young EnergyServe Inc. (Young), a privately held company providing turnkey turnaround solutions, cutting-edge robotic tank cleaning services, and various other industrial services throughout Canada. Young currently has approximately 150 office and field staff with manpower reaching 500 employees during peak workloads.
Vertex Resource Group Ltd. Announces Release of Its 2021 ESG Update Report
Sep 7, 2022
Sherwood Park, Alberta, September 7, 2022 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) is pleased to announce the release of its 2021 ESG Update report as part of its ongoing corporate commitment to sustainability.
Vertex Resource Group Ltd. Reports Second Quarter 2022 Results
Aug 10, 2022
The second quarter of 2022 resulted in record revenue for any quarter of $54.0 million, record adjusted EBITDA for any quarter of $8.6 million and record net income for any second quarter of $1.6 million in the Company’s history.
Sherwood Park, Alberta, August 10, 2022 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the second quarter ended June 30, 2022. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the audited consolidated financials statements of Vertex for the year ended December 31, 2021, which are available on SEDAR at www.sedar.com.
The second quarter continued on momentum built in the first quarter and achieved the highest quarterly revenue and adjusted EBITDA in the Company’s history. The Company is continuing to maintain its focus on cost containment, operating efficiencies, geographic diversification, and sector diversification while pursuing growth opportunities.
Vertex Resource Group Ltd. Reports First Quarter 2022 Results
May 11, 2022
Record Q1 revenue of $45.4 million, and adjusted EBITDA of $5.7 million for the first quarter of 2022.
Sherwood Park, Alberta, May 11, 2022 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the first quarter ended March 31, 2022. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the audited consolidated financials statements of Vertex for the year ended December 31, 2021, which are available on SEDAR at www.sedar.com.
The first quarter of 2022 was a robust quarter which produced historically high first-quarter revenue. Vertex’s diversification efforts with continued expansion in the utilities, telecommunications, and government sectors have helped to grow revenue. The Company is continuing to maintain its focus on cost containment, operating efficiencies, geographic diversification, and sector diversification.
Modern West Climate Finance Group and Vertex Resource Group Announce Integrated Joint Venture to Accelerate the Development of Atmospheric Carbon Removal Projects.
May 5, 2022
Calgary, Alberta: Vertex Resource Group Ltd. (“Vertex”) (TSXV: VTX) and Modern West Climate Finance Group (“Modern West”) have come together to create Wallaby Climate Solutions (“Wallaby”), a strategic joint venture focused on accelerating the development of nature-based climate solutions to reduce atmospheric carbon emissions and enhance biodiversity for customers across North America. As a developer of nature-based offset solutions and emission removal projects both Vertex and Modern West see Wallaby as a timely response to a growing problem in carbon offset markets which is a lack of both quantity and quality of carbon elimination offsets.
Vertex Completes Acquisition of Cordy Oilfield Services
Apr 25, 2022
Sherwood Park, Alberta and Calgary, Alberta, April 25, 2022 (TSXV: VTX) – Vertex Resource Group Ltd. (“Vertex”) and Cordy Oilfield Services Inc. (TSXV: CKK) (“Cordy Oilfield”), with reference to their previous news release dated February 25, 2022 are pleased to announce the completion of the previously announced acquisition of Cordy Oilfield.
