CVR Energy
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: 1,595
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
47% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 51
3% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $16.2M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
5.2% less ownership
Funds ownership: 102.88% [Q3] → 97.68% (-5.2%) [Q4]
7% less funds holding
Funds holding: 203 [Q3] → 188 (-15) [Q4]
23% less capital invested
Capital invested by funds: $2.38B [Q3] → $1.84B (-$541M) [Q4]
28% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 50
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
2%
downside
Avg. target
$21
1%
upside
High target
$21
3%
upside
2 analyst ratings
0 positive
0%
1 neutral
50%
1 negative
50%
Mizuho Nitin Kumar 49% 1-year accuracy 35 / 71 met price target | 2%downside $20 | Neutral Maintained | 16 Dec 2024 |
Goldman Sachs Neil Mehta 49% 1-year accuracy 31 / 63 met price target | 3%upside $21 | Sell Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 10 articles about CVI published over the past 30 days
Negative
Seeking Alpha
23 hours ago
Renewable And Regulatory Uncertainty Suggests Continuing Trouble For CVR Energy
CVR Energy stock has significantly underperformed, with a -38% return in 2024, mainly due to a failed Citgo bid and dividend suspension. Despite a positive Q4 2024 earnings report, I maintain a Sell rating on CVI stock due to poor macroeconomic outlook for refiners and renewables. The new Trump administration's energy policies create uncertainty for CVR Energy's renewable investments, making future returns highly uncertain.
Neutral
Seeking Alpha
2 days ago
CVR Energy, Inc. (CVI) Q4 2024 Earnings Call Transcript
CVR Energy, Inc. (NYSE:CVI ) Q4 2024 Results Conference Call February 19, 2025 1:00 PM ET Company Participants Richard Roberts - Financial Planning & Analysis & Investor Relations Dave Lamp - Chief Executive Officer Dane Neumann - Chief Financial Officer Conference Call Participants Manav Gupta - UBS Adam Wijaya - Goldman Sachs John Royall - JPMorgan Matthew Blair - Tudor Pickering Operator Greetings, and welcome to the CVR Energy Fourth Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.
Negative
Zacks Investment Research
3 days ago
CVR Energy (CVI) Reports Q4 Loss, Tops Revenue Estimates
CVR Energy (CVI) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.65. This compares to earnings of $0.65 per share a year ago.
Neutral
GlobeNewsWire
3 days ago
CVR Energy Reports Fourth Quarter and Full-Year 2024 Results
SUGAR LAND, Tx, Feb. 18, 2025 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced fourth quarter 2024 net income attributable to CVR Energy stockholders of $28 million, or 28 cents per diluted share, compared to fourth quarter 2023 net income attributable to CVR Energy stockholders of $91 million, or 91 cents per diluted share. Adjusted loss for the fourth quarter of 2024 was 13 cents per diluted share compared to adjusted earnings of 65 cents per diluted share in the fourth quarter of 2023. Net income for the fourth quarter of 2024 was $40 million, compared to net income of $97 million in the fourth quarter of 2023. Fourth quarter 2024 EBITDA was $122 million, compared to fourth quarter 2023 EBITDA of $204 million. Adjusted EBITDA for the fourth quarter of 2024 was $67 million, compared to adjusted EBITDA of $170 million in the fourth quarter of 2023.
Positive
24/7 Wall Street
4 days ago
Hold On! OPEC+ May Not Start Output Hikes in April: 4 Ultra-High-Yield Energy Stocks to Buy Now
Over the long holiday weekend, it was reported that OPEC+, scheduled to start monthly oil production hikes, may be rethinking the plan.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: CVR Energy (CVI) Q4 Earnings Expected to Decline
CVR (CVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
2 weeks ago
CVR Energy to Release Fourth Quarter and Full-Year 2024 Earnings Results
SUGAR LAND, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its fourth quarter and full-year 2024 earnings results on Tuesday, Feb. 18, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Wednesday, Feb. 19, at 1 p.m. Eastern to discuss these results.
Negative
Seeking Alpha
2 weeks ago
CVR Energy: Difficult Macro But A Potential Icahn Floor Under Shares
CVR Energy has faced significant challenges, including a 40% stock decline and dividend suspension, but Carl Icahn's actions have stabilized the stock. Icahn Enterprises increased its stake in CVI, signaling confidence and creating a near-term floor for the stock price. The Company's liquidity measures, including a $325 million term loan and potential asset sales, should cover upcoming costs despite a weak refining market.
Positive
Benzinga
3 weeks ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-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 dividend payout.
Neutral
GlobeNewsWire
4 weeks ago
CVR Energy Commences Planned Turnaround at Coffeyville Refinery
SUGAR LAND, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI, “CVR Energy” or the “Company”) today announced that it has commenced its planned turnaround at the Coffeyville, Kansas, refinery operated by one of its subsidiaries following damage sustained to its Naphtha Hydrotreater on January 21, 2025, during freezing weather conditions. The Company intends to provide further updates regarding this turnaround during its next earnings conference call.
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