Vertex Leadership Team and Corporate Outlook
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Outlook 2019
Vertex is well positioned to withstand short term economic pains related to volatile
commodity prices and negative investment sentiment in western Canada. This view is
based on Vertex's current financial position, strong backlog from diverse industries,
longstanding customer relationships, and contributions of past, prudently purchased
acquisitions which are performing well. Almost 50% of Vertex's backlog is from outside
the oil and gas industry
While production curtailments remain in effect within Alberta, opportunities will exist
for additional maintenance related projects because of facilities operating at reduced
capacities.
Current industry and environmental policy efforts present opportunities for its
environmental services division. Specifically increased activity levels for abandonments
and active environmental liability management, in addition to, new regulations for
emissions testing and reporting
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