Vertex Resource Group Ltd.
TypePublic
TSX-V: VTX
IndustryEnvironmental, Oil and gas, Utilities, Municipalities
Founded1962
FounderTerry Stephenson (President & CEO)
Headquarters
Sherwood Park, Alberta, Canada
ServicesEnvironmental
RevenueIncrease $150.4 million(2018) [1]
Websitewww.vertex.ca

Vertex Resource Group Ltd. (Vertex) is a publicly traded environmental services company based in Sherwood Park and is traded on the TSX Venture Exchange, under the stock symbol VTX.[2] Terry Stephenson has been president since 2005.[3]

The company has expanded through organic growth and acquisitions to provide services across Western Canada and within select regions of the United States.

History

1962 - 2012

Vertex has roots dating back to 1962, the date in which the acquired company Three Star Trucking Ltd. was established.[4]

2012 - Present

In 2014, Vertex acquired Navus Environmental Inc.[5] Vertex was also named a Gold Standard Winner of Canada's Best Managed Companies.[6] In 2015, Vertex acquired Ignite Energy Services Ltd., Glacier Ridge Ventures Ltd., and Tar Energy Services Ltd.[7]

On October 18, 2017, Vertex became a publicly traded company with common shares traded on the Toronto Venture Stock Exchange.[8]

In 2018, Vertex acquired HMA Land Services, Sonic Oilfield Services Ltd. TSL Industries, a private company providing hydrovac services to the Edmonton, Alberta region and Three Star Trucking Ltd.[9][10][11][12][13]

Operations

Vertex has 28 Office locations across North America including: Sherwood Park, Calgary, Alida, Calmar, Carlsbad, Dawson Creek, Edam, Fort McMurray, Fort Nelson, Fort St. John, Grande Prairie, Houston, Kindersley, Kola, Leduc, Lloydminster, Regina

Rycroft, Selkirk, Tulsa, Valleyview, Victoria, Watford City, Weyburn, Whitecourt

Industries Served

Oil and Gas, Oil Sands, Petrochemical, Renewable Energy, Utilities, Agriculture, Forestry, Drilling, Midstream, Mining, Aggregate and Government

References

  1. ↑ "Vertex Resource Group LTD.'s Diversification Pays off Entering 2019 with Record Backlog". Archived from the original on 2019-03-28. Retrieved 2019-03-28.
  2. ↑ "VTX.V Profile | VERTEX RESOURCE GROUP LTD Stock - Yahoo Finance". ca.finance.yahoo.com. Retrieved 2019-03-15.
  3. ↑ "Leadership Team". Vertex. Vertex Resource Group Ltd. Retrieved 2 February 2016.
  4. ↑ Zinchuk, Brian. "Vertex acquires Three Star Trucking". Pipeline News. Retrieved 2019-03-15.
  5. ↑ "Vertex acquires Navus Environmental Inc". PR Newswire. PR Newswire A UBM plc company. Retrieved 2 February 2016.
  6. ↑ "Congratulations to this year's Canada's Best Managed Companies". Best Managed Companies. Deloitte. Retrieved 2 February 2016.
  7. ↑ "Vertex Acquires Fluid Management & Logistics Companies". Yahoo Finance Canada. Yahoo Finance. Retrieved 2 February 2016.
  8. ↑ "MarketWired".
  9. ↑ "32 Degrees-backed Vertex acquires HMA Land Services". PE Hub. 2018-02-02. Retrieved 2019-03-15.
  10. ↑ "Vertex acquires Sonic Oilfield Services". Estevan Mercury. Retrieved 2019-03-15.
  11. ↑ Lamb, Betty Sawatzky/Barry. "Vertex Acquires Virden Area TSL Industries". DiscoverWestman.com. Retrieved 2019-03-15.
  12. ↑ "Vertex acquires private Edmonton hydro-vac company". Canadian Underground Infrastructure. 2018-07-03. Retrieved 2019-03-15.
  13. ↑ Zinchuk, Brian. "Vertex acquires Three Star Trucking". Pipeline News. Retrieved 2019-03-15.
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