Vertex Resource Group
Vertex Resource Group (TSXV:VTX) is a North American environmental and industrial services provider founded in 1962, delivering consulting and field services across oil and gas, mining, utilities, agriculture, and government sectors using proprietary ReMoTo remote sensing technology.
- Company typePublic
- Founded1962
- HeadquartersSherwood Park, Canada
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Vertex Resource Group does
Vertex Resource Group Ltd. (TSXV:VTX) is a North American provider of environmental and environmentally focused industrial services, headquartered in Sherwood Park, Alberta, and operating since 1962. The company runs two reportable service lines: Environmental Consulting Services (advisory, asset retirement and restoration, emission management, engineering, environment, and land and engagement) and Environmental and Industrial Services (fluid management, industrial cleaning, pressure and vacuum, tank and vessel cleaning, waste and recycling, and site rentals). It serves five primary verticals — Oil and Gas, Mining and Industrial, Utilities, Agriculture and Forestry, and Government — plus Real Estate and Commercial, with offices across Western Canada (Sherwood Park, Calgary, Edmonton, Grande Prairie, Saskatoon, Surrey, Burnaby, Vancouver) and U.S. operations in Houston and Dallas.
The company differentiates through proprietary technology, notably the ReMoTo remote sensing platform combining AI/machine learning with decades of field data for environmental monitoring, the WELLCAT well engineering analytics software, and Disturbance Recovery Models used for reclamation assessment. It maintains 15,000+ Phase I and 3,500+ Phase II Environmental Site Assessment track record, multi-jurisdictional regulatory expertise (CER, CEAA, FERC, EPA, plus provincial/state/municipal), and a network of Indigenous joint ventures (Acden Vertex, Siksika Vertex, Nekaneet Vertex) enabling Site Rehabilitation Program grant capture.
Vertex generates revenue primarily through project-based, quote-driven consulting engagements and specialized field services, with a diversified mix of enterprise and mid-market clients including Imperial Oil, pipeline operators, mining clients, and government accounts. The Cordy Oilfield Services acquisition (April 2022) was funded with $15M of convertible debentures later restructured in December 2025 (maturity extended to March 2029, coupon raised to 10%). Reported revenue declined from $257.2M (2022) to $219.5M (2025), with net losses in 2024 and 2025, though the consulting segment showed 13% net revenue and 57% EBITDA growth in Q2 2025 and consulting EBITDA +15% in Q1 2026, suggesting a pivot toward higher-margin work.
Vertex Resource Group firmographics
Firmographics- Name
- Vertex Resource Group
- Legal name
- Vertex Resource Group Ltd.
- Website
- https://vertex.ca
- Company type
- Public
- Founded year
- 1962
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Vertex Resource Group (TSXV:VTX) is a North American environmental and industrial services provider founded in 1962, delivering consulting and field services across oil and gas, mining, utilities, agriculture, and government sectors using proprietary ReMoTo remote sensing technology.
- Ownership category
- akta.pro rank
Vertex Resource Group industry classification
Industry- Product category
- Environmental Services
- NAICS
- Environmental Consulting Services (54162), Environmental Consulting Services (541620), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Management Consulting Services (8742), Services-Engineering Services (8711), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Environmental Compliance & Permitting (BPAHAJAA)
- akta.pro secondary industries
- Site Assessment & Remediation (Phase I/II, Cleanup Oversight) (BPAHAJAC), Air Quality & Emissions Management (BPAHAJAI)
Keywords
Where Vertex Resource Group is headquartered
LocationHeadquarters
- HQ city
- Sherwood Park
- HQ country
- Canada
- HQ region
- North America
Offices11 records
Markets served
Vertex Resource Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Environmental Consulting Services: Advisory, asset retirement, emission management, engineering, environment, and land and engagement services provided to clients across energy, mining, utilities, government and other sectors. Revenue is generated through project-based consulting engagements.
- Environmental and Industrial Services: Field services including fluid management and logistics, industrial cleaning and maintenance, pressure and vacuum services, tank and vessel cleaning, waste and recycling, and site services rentals. Revenue is generated through equipment rental and specialized service delivery.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Project-based environmental consulting and field services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Vertex Resource Group product offering
Product offeringCore offering
Vertex Resource Group provides environmental consulting and environmental and industrial field services across North America. Its environmental consulting practice spans advisory, asset retirement and restoration, emission management, engineering, environment, and land and engagement services covering the project lifecycle from site selection through environmental cleanup. Its environmental and industrial field services include fluid management and logistics, industrial cleaning and maintenance, pressure and vacuum services, tank and vessel cleaning, waste and recycling, and site services rentals. The company serves oil and gas, mining and industrial, utilities, agriculture and forestry, and government sectors, supplemented by proprietary remote sensing technology (ReMoTo) and well engineering software (WELLCAT).
Product overview
Vertex Resource Group is a leading North American provider of environmental services established in 1962, offering a combination of environmental consulting and environmental field services. The company operates two primary service categories: Environmental Consulting Services (Advisory, Asset Retirement & Restoration, Emission Management, Engineering, Environment, and Land and Engagement) and Environmental and Industrial Services (Fluid Management, Industrial Cleaning, Pressure & Vacuum, Tank & Vessel Cleaning, Waste & Recycling, and Site Rentals). The portfolio includes proprietary technology platform ReMoTo for remote sensing and monitoring, and the Well360 Program for integrated drilling and completions services. The company serves five North American sectors: Oil and Gas, Mining and Industrial, Utilities, Agriculture & Forestry, and Government, with operations primarily in Canada and select locations in the United States.
Differentiator
Problem solved
Functional benefit
Brands
- ReMoTo (Remote Monitoring Tools): Proprietary remote sensing and monitoring software platform combining AI-driven machine learning, field expertise, and historical data for environmental monitoring applications.
- Nekaneet Vertex
- Acden Vertex
- Siksika Vertex
- Well360
Products and services
- Environmental Consulting Services Advisory, Asset Retirement & Restoration, Emission Management, Engineering, Environment, and Land and Engagement services spanning the project lifecycle from site selection through environmental cleanup; sold to enterprise clients in oil and gas, mining, utilities, agriculture and forestry, and government sectors.
- Environmental and Industrial Services Field services including fluid management, industrial cleaning and maintenance, pressure and vacuum services, tank and vessel cleaning, waste and recycling, and site services rentals delivered through Vertex's specialized equipment fleet and roughly 1,000 employees and lease operators across North America.
- ReMoTo (Remote Monitoring Tools) Proprietary AI-driven remote sensing platform combining decades of field expertise, rich historical data, and machine learning for comprehensive environmental monitoring. Includes tools for DSA, Linear Impact Assessment, Bog/Fen Assessment, Well Pad Characterization, CHM Tool for vegetation structure, water quality assessment, harvest assessment, and beaver habitat analysis.
- Phase I and Phase II Environmental Site Assessments (ESA) Industry-standard environmental assessments for identifying potential environmental risks and conducting intrusive investigations with soil, groundwater, and vapor sampling to determine contaminant type, concentration, and distribution; used for real estate transactions, oil and gas, mining, and commercial clients.
- Remote Sensing Services Specialized remote sensing services including UAV data analysis, vegetation health monitoring, environmental impact assessment mapping, wetland assessment, and pipeline corridor status monitoring, delivered using Vertex's proprietary ReMoTo technology across North America.
- Environmental Emergency Response Comprehensive spill response services with rapid mobilization across field locations, equipped response units, and full support from initial containment through remediation and regulatory reporting for oil and gas, industrial, and government clients.
- Reclamation & Remediation Services Full-scope reclamation and remediation services across oil and gas, mining, and commercial real estate sectors, managing technical and project requirements from planning through final certification.
- Surface Acquisition Services Specialized land acquisition and management services supporting clients with surface land commitments, including negotiation, acquisition, administration, and right-of-way acquisition.
- Regulatory Approvals Services Integrated land and environmental services supporting efficient project development and regulatory approvals across federal, state/provincial, and municipal levels.
- Mineral Acquisition Services Comprehensive land services supporting acquisition and management of subsurface mineral contracts and agreements across North America, including title work and land administration.
- Vegetation & Plant Sciences Services Vegetation management, reclamation, and revegetation services including rare plant assessments and innovative propagule collection and planting techniques.
- Wildlife Services Comprehensive wildlife assessments, surveys, mitigation strategies, and monitoring services to protect wildlife and habitats while supporting project objectives.
- Waste & Well Services On-site drilling waste management, gas migration testing, surface casing vent flow testing, and well abandonment services using advanced infrared methane detection technology.
- Toxicology & Risk Management Services Risk-based approaches for contaminated sites using environmental risk assessment paradigm to manage contamination efficiently while maintaining human health and environmental protection.
- Fresh Water & Aquatics Services Aquatic environmental services including fish habitat assessments, regulatory reporting, fish rescue, spill response, and environmental planning and design for pipeline and development projects.
- Hydrotechnical Services Hydrotechnical and hydrological services for infrastructure protection, including drainage planning, hydraulic modeling, and watercourse crossing maintenance and mitigation.
- Robotic Tank Cleaning Non-man entry robotic rover (track machine) solution for tank cleaning, reducing personnel exposure to hazardous environments and optimizing VOC treatment costs.
- Fluid Management & Logistics Fluid storage, secondary containment, tank hauling, delivery, setup, and water hauling services for oil and gas and industrial clients.
- Industrial Cleaning & Maintenance Chemical cleaning, exchanger cleaning, high pressure water blasting, and industrial cleaning and turnaround services for oil and gas and industrial facilities.
- Pressure & Vacuum Services Hot oiler services, hydrovac truck services, steam trucks, vacuum pressure trucks, and vacuum trucks for oil and gas and industrial clients.
- Waste & Recycling Services Cement recovery bins, enviro waste bins, general waste bins, scrap metal bins, sewage containment, used oil disposal skids, and waste management and recycling for oil and gas and industrial clients.
- Well360 Program Integrated approach to planning and executing drilling, completions, and tie-ins for oil and gas projects, including regulatory approvals, AFE estimates, and field execution.
Quantifiable outcome
- Environmental Consulting revenue increased 6% and adjusted EBITDA increased 19% in 2025 compared to 2024
- +3 more outcomes
Companies that use Vertex Resource Group
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles7 records
Vertex Resource Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Vertex Resource Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Acden (Acden Vertex Joint Venture)coreIndigenous partnership with Acden for environmental consulting and reclamation services. Joint venture formed for various projects including oil sands reclamation programs. Siksika Nation partnership through Siksika Vertex joint venture for surface decommissioning projects. Created to provide Indigenous employment opportunities and economic benefits.
- Siksika NationcoreJoint venture partnership for surface decommissioning and environmental projects on Siksika lands. Partnership includes upfront planning, government grant acquisition through Site Rehabilitation Project, and self-performance as Prime Contractor.
- Nekaneet First NationminorNekaneet Vertex partnership for Accelerated Phase 2 ESA Program, ensuring work eligibility for Indigenous Credit Pool funds and maximizing local employment opportunities.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Vertex Resource Group competitors and assessment
Company assessmentDirect peers
- SLR Consulting: Global environmental and advisory consultancy with deep North American EHS practice. Comparable offering in Phase I/II ESAs, permitting, mining and energy environmental services, and similar mid-market positioning.
- Stantec: Canadian-headquartered global engineering, environmental and project consulting firm. Overlaps directly with Vertex across environmental assessment, permitting, reclamation and water services, with similar client mix including oil & gas, mining, utilities and government across North America.
- Tetra Tech: Specialist consulting and engineering firm focused on water, environment and sustainable infrastructure. Closely matches Vertex's environmental assessment, reclamation, and regulatory consulting portfolio, with overlapping mining and energy clients.
- GHD: Employee-owned engineering, environmental and construction services firm with a strong Canadian presence. Directly comparable in environmental site assessment, water resources, mining and energy consulting.
- Clean Harbors: North American provider of environmental and industrial services including waste management, field services and emergency response. Closely matches Vertex's Environmental & Industrial Services segment (fluid management, industrial cleaning, waste & recycling).
- ERM (Environmental Resources Management): Pure-play global environmental, health, safety and sustainability consultancy. Competes head-to-head with Vertex on EHS consulting, impact assessments and remediation advisory for energy, mining and industrial clients.
Broad incumbents
- AECOM: Global infrastructure consulting firm with major environment and remediation practices. Competes with Vertex across site assessment, environmental management and engineering services for oil & gas, mining and public-sector clients.
- Arcadis: Global design, engineering and environmental consulting firm. Directly comparable environmental site assessment, remediation and sustainability advisory offerings, particularly in energy and industrial markets.
- WSP Global: Large global professional services firm with extensive environment, earth and water practices. Competes with Vertex in environmental impact assessment, permitting, and remediation across Canada and the US, but at far greater scale and breadth.
- Jacobs Solutions: Global professional services firm with significant environmental, water and infrastructure consulting practices. Overlaps with Vertex on environmental assessment, permitting and remediation for energy and government clients at much larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Vertex Resource Group social profiles
Digital presenceVertex Resource Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vertex Resource Group leadership team
Management profileNumber of profiles
Profiles7 records
Vertex Resource Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Vertex Resource Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vertex Resource Group M&A and investment
M&A and investmentM&A10 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vertex Resource Group
What does Vertex Resource Group do?
Vertex Resource Group provides environmental consulting and environmental and industrial field services across North America. Its environmental consulting practice spans advisory, asset retirement and restoration, emission management, engineering, environment, and land and engagement services covering the project lifecycle from site selection through environmental cleanup. Its environmental and industrial field services include fluid management and logistics, industrial cleaning and maintenance, pressure and vacuum services, tank and vessel cleaning, waste and recycling, and site services rentals. The company serves oil and gas, mining and industrial, utilities, agriculture and forestry, and government sectors, supplemented by proprietary remote sensing technology (ReMoTo) and well engineering software (WELLCAT).
Is Vertex Resource Group a public or private company?
Vertex Resource Group is a public company. It is classified as public and is currently operating.
When was Vertex Resource Group founded?
Vertex Resource Group was founded in 1962. It employs 501 to 1,000 people.
Where is Vertex Resource Group based?
Vertex Resource Group is headquartered in Sherwood Park, Canada, in the North America region.
How does Vertex Resource Group make money?
Two revenue lines are on record. Environmental Consulting Services are the primary driver. The others are environmental and Industrial Services.
Who are Vertex Resource Group's main competitors?
Direct peers on record are SLR Consulting, Stantec, Tetra Tech, GHD, Clean Harbors and ERM (Environmental Resources Management). Broad incumbents are AECOM, Arcadis, WSP Global and Jacobs Solutions.
Does Vertex Resource Group have an API?
No public API is recorded for Vertex Resource Group.
What industry is Vertex Resource Group in?
Vertex Resource Group's product category is Environmental Services. Its primary akta.pro industry code is BPAHAJAA, Environmental Compliance & Permitting, with a secondary code of BPAHAJAC, Site Assessment & Remediation (Phase I/II, Cleanup Oversight). Its NAICS code is 54162 and its SIC code is 8742.