CVR Energy, Inc. (CVI)
| Market Cap | 1.92B |
| Revenue (ttm) | 7.87B |
| Net Income (ttm) | 69.00M |
| Shares Out | 100.53M |
| EPS (ttm) | 0.69 |
| PE Ratio | 27.79 |
| Forward PE | 233.38 |
| Dividend | $2.00 (10.48%) |
| Ex-Dividend Date | Aug 12, 2024 |
| Volume | 877,506 |
| Open | 18.95 |
| Previous Close | 18.82 |
| Day's Range | 18.62 - 19.22 |
| 52-Week Range | 15.60 - 38.07 |
| Beta | 1.52 |
| Analysts | Sell |
| Price Target | 24.75 (+29.72%) |
| Earnings Date | Oct 28, 2024 |
About CVI
CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and supplies gasoline, crude oil, distillate, diesel fuel, and other refined products. This segment also owns and operates a coking medium-sour crude oil refinery in southeast Kansas; and a crude oil refinery in Wynnewood, Oklahoma, as well as supporting logistics assets. This segment ... [Read more]
Financial Performance
In 2023, CVR Energy's revenue was $9.25 billion, a decrease of -15.13% compared to the previous year's $10.90 billion. Earnings were $769.00 million, an increase of 66.09%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CVI stock is "Sell." The 12-month stock price forecast is $24.75, which is an increase of 29.72% from the latest price.
News
Icahn Enterprises seeks to raise stake in refiner CVR Energy
Icahn Enterprises , headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in refiner CVR Energy to 81.3%.
Icahn plans raising stake in oil refiner CVR, WSJ reports
Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20%, the Wall Street Journal reported on Thursday.
Icahn's Firm Seeks Bigger Stake in Top Holding While Slashing its Own Dividend
To fund a bigger war chest, Icahn Enterprises plans to halve dividend payout.
CVR Energy Sinks After Poor Q3 Results, Suspends Dividend And Should Be Avoided
CVR Energy is downgraded to a Sell due to poor Q3 2024 results, including a $124 million net loss and suspension of the dividend. The energy sector's volatility and geopolitical instability have negat...
CVR Energy, Inc. (CVI) Q3 2024 Earnings Call Transcript
CVR Energy, Inc. Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET Company Participants Richard Roberts - Financial Planning & Analysis & Investor Relations Dave Lamp - Chief Executive Offi...
CVR Energy Dividend Suspension Likely Forces Icahn Enterprises To Do The Same
CVR Energy, Inc.'s refining margins plummeted, causing a 96% drop in free cash flow and a 90% decline in adjusted EBITDA. The dividend suspension could be seen a mile away. Icahn Enterprises L.P.'s re...
Icahn Enterprises' stock slides 4% as majority-owned CVR Energy suspends its dividend
Icahn Enterprises LP's stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro environ...
CVR Energy Reports Third Quarter 2024 Results
SUGAR LAND, Texas, Oct. 28, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI, “CVR Energy” or the “Company”) today announced a net loss attributable to CVR Energy stockholders of $124 million, or ...
Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
CVR Energy, Inc. (CVI) Q2 2024 Earnings Call Transcript
CVR Energy, Inc. (NYSE:CVI) Q2 2024 Earnings Conference Call July 30, 2024 1:00 PM ET Company Participants Richard Roberts - Vice President, FP&A and IR Dave Lamp - Chief Executive Officer Dane Neuma...
Oil refiner CVR Energy continues to explore strategic transactions, CEO says
The chief executive of U.S. oil refiner CVR Energy on Tuesday said the Sugar Land, Texas, company is exploring strategic transactions in refining.
CVR Energy Reports Second Quarter 2024 Results
SUGAR LAND, Texas, July 29, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI, “CVR Energy” or the “Company”) today announced net income attributable to CVR Energy stockholders of $21 million, or 2...
Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
CVR Energy to Release Second Quarter 2024 Earnings Results
SUGAR LAND, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2024 earnings results on Monday, July 29, after the close of trading on the New Yo...
CVR Energy: Despite Near-Term Headwinds, Dividend Capacity Makes Shares Attractive
CVR Energy shares have only gained 6% in the past year and have lost 30% in the past quarter amid concerns about crack spreads. Recent financial results were mixed, with lower crack spreads impacting ...
CVR Energy Provides Update to Operational Statistics and Financial Information for its Petroleum and Renewables Businesses
SUGAR LAND, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced its outlook for certain operational statistics and financial informatio...
CVR Energy, Inc. (CVI) Q1 2024 Earnings Call Transcript
CVR Energy, Inc. (NYSE:CVI) Q1 2024 Earnings Conference Call April 30, 2024 1:00 PM ET Company Participants Richard Roberts - VP, Financial Planning and Analysis, and IR David Lamp - CEO Dane Neumann...
CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 Cents
SUGAR LAND, Texas, April 29, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income attributable to CVR Energy stockholders of $82 million, or...
CVR Energy to Release First Quarter 2024 Earnings Results
SUGAR LAND, Texas, April 16, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its first quarter 2024 earnings results on Monday, April 29, after the close of trading on the New Y...
CVR Energy: Strong Cash Flow Provides Additional Upside
CVR Energy has seen a 26% increase in shares over the past year, benefiting from a favorable refining environment. CVI operates two refineries in the US and owns a 37% stake in CVR Partners and should...
CVR Energy, Inc. (CVI) Q4 2023 Earnings Call Transcript
CVR Energy, Inc. (CVI) Q4 2023 Earnings Call Transcript
CVR Energy Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Dividend of 50 Cents Per Share
SUGAR LAND, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced fourth quarter 2023 net income attributable to CVR Energy stockholders...
5 Heavily Shorted Dividend Stocks Yielding Up To 21%
These unloved stocks yield between 6.9% and 21.4%. These are big dividends, but not the main reason we are discussing this ignored five today.