CVR Energy (CVI)

• Market cap: $1.81B
• 1 day: 0.33%
• 5 days: -2.86%
• 1 month: -3.69%
• 3 months: -23.26%
• 6 months: -33.17%
• Year to date: -42.18%
• 1 year: -43.10%
• 5 years: -56.58%
• 10 years: -54.65%
• Sector: Energy
• Industry: Petroleum Refining

About: CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its subsidiaries. subsidiaries include several complex full-coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies products through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

Employees: 1,566

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

17% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 64

13% more call options, than puts

Call options by funds: $37.7M | Put options by funds: $33.4M

0.91% less ownership

Funds ownership: 103.51% [Q2] → 102.6% (-0.91%) [Q3]

6% less funds holding

Funds holding: 216 [Q2] → 202 (-14) [Q3]

15% less capital invested

Capital invested by funds: $2.78B [Q2] → $2.38B (-$410M) [Q3]

27% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 52

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 11% upside
• Avg. target: $21 18% upside
• High target: $23 28% upside

4 analyst ratings

• positive: 0 0%
• neutral: 1 25%
• negative: 3 75%

Mizuho Nitin Kumar 19% 1-year accuracy 15 / 79 met price target	11% upside $20	Neutral Maintained	16 Dec 2024
Goldman Sachs Neil Mehta 51% 1-year accuracy 21 / 41 met price target	17% upside $21	Sell Maintained	6 Dec 2024
Scotiabank Paul Cheng 13% 1-year accuracy 6 / 45 met price target	17% upside $21	Sector Underperform Maintained	10 Oct 2024
JP Morgan Phil Gresh 100% 1-year accuracy 2 / 2 met price target	28% upside $23	Underweight Maintained	2 Oct 2024