CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The Company is a petroleum refiner. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day (bpcd) and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016. In addition, it also controlled and operated supporting logistics assets, including approximately 340 miles of active owned and leased pipelines, approximately 150 crude oil transports, a network of crude oil gathering tank farms, approximately 6.4 million barrels of owned and leased crude oil storage and over 4.5 million barrels of combined refined products and feedstocks storage capacity, as of December 31, 2016.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining and Marketing
- Sub-Industry: N/A
- Symbol: NYSE:CVRR
- CUSIP: N/A
- Web: www.cvrrefining.com
Capitalization:- Market Cap: $1.34316 billion
- Outstanding Shares: 147,600,000
Average Prices:- 50 Day Moving Avg: $7.90
- 200 Day Moving Avg: $9.16
- 52 Week Range: $6.45 - $12.55
P/E:- Trailing P/E Ratio: 25.35
- Foreward P/E Ratio: 10.58
- P/E Growth: 1.37
Sales & Book Value:- Annual Revenue: $5.19 billion
- Price / Sales: 0.26
- Book Value: $9.11 per share
- Price / Book: 1.00
Profitability:- EBIDTA: $230.6 million
- Net Margins: 1.02%
- Return on Equity: 3.99%
- Return on Assets: 2.25%
Debt:- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 1.68%
- Quick Ratio: 1.22%
Misc:- Average Volume: 409,547 shs.
- Beta: 1.25
- Short Ratio: 4.06
Frequently Asked Questions for CVR Refining, LP (NYSE:CVRR)
What is CVR Refining, LP's stock symbol?
CVR Refining, LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVRR."
How were CVR Refining, LP's earnings last quarter?
CVR Refining, LP (NYSE:CVRR) issued its quarterly earnings data on Thursday, July, 27th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.30. The firm earned $1.34 billion during the quarter, compared to analysts' expectations of $1.23 billion. CVR Refining, LP had a return on equity of 3.99% and a net margin of 1.02%. The firm's quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 EPS. View CVR Refining, LP's Earnings History.
When will CVR Refining, LP make its next earnings announcement?
Where is CVR Refining, LP's stock going? Where will CVR Refining, LP's stock price be in 2017?
6 equities research analysts have issued 1-year price targets for CVR Refining, LP's stock. Their forecasts range from $7.00 to $12.00. On average, they anticipate CVR Refining, LP's stock price to reach $9.67 in the next year. View Analyst Ratings for CVR Refining, LP.
Who are some of CVR Refining, LP's key competitors?
Some companies that are related to CVR Refining, LP include Targa Resources Partners LP (NGLS), Crestwood Equity Partners LP (CEQP), Suburban Propane Partners, L.P. (SPH), Cosan Limited (CZZ), NGL ENERGY PARTNERS LP (NGL), Alon USA Partners, LP (ALDW), American Midstream Partners, LP (AMID), Sprague Resources LP (SRLP), Clean Energy Fuels Corp. (CLNE), Arc Logistic Partners LP (ARCX), Aegean Marine Petroleum Network (ANW) and Midcoast Energy Partners LP (MEP).
Who are CVR Refining, LP's key executives?
CVR Refining, LP's management team includes the folowing people:
- John J. Lipinski J.D., President, Chief Executive Officer, Director of the general partner
- Susan M. Ball, Chief Financial Officer, Treasurer of the general partner
- Robert W. Haugen, Executive Vice President - Refining Operations of the General Partner
- John R. Walter, Senior Vice President, General Counsel, Secretary
- David L. Landreth, Senior Vice President - Economics and Planning of the general partner
- Martin J. Power, Chief Commercial Officer
- SungHwan Cho, Director of the general partner
- Jonathan Frates, Director of the General Partner
- Carl C. Icahn, Director of the general partner
- Andrew Langham, Director of the general partner
Who owns CVR Refining, LP stock?
CVR Refining, LP's stock is owned by many different of institutional and retail investors. Top institutional shareholders include HITE Hedge Asset Management LLC (0.71%), Arrowstreet Capital Limited Partnership (0.64%), Artemis Investment Management LLP (0.42%), Acadian Asset Management LLC (0.39%), JPMorgan Chase & Co. (0.37%) and Bank of New York Mellon Corp (0.15%). View Institutional Ownership Trends for CVR Refining, LP.
Who sold CVR Refining, LP stock? Who is selling CVR Refining, LP stock?
CVR Refining, LP's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Federated Investors Inc. PA, Grisanti Capital Management LLC, Virtu KCG Holdings LLC, Global X Management Co. LLC, Wells Fargo & Company MN, Regal Investment Advisors LLC and First Trust Advisors LP. View Insider Buying and Selling for CVR Refining, LP.
Who bought CVR Refining, LP stock? Who is buying CVR Refining, LP stock?
CVR Refining, LP's stock was bought by a variety of institutional investors in the last quarter, including HITE Hedge Asset Management LLC, Arrowstreet Capital Limited Partnership, Artemis Investment Management LLP, JPMorgan Chase & Co., Acadian Asset Management LLC, U S Global Investors Inc., Bank of Montreal Can and Russell Investments Group Ltd.. View Insider Buying and Selling for CVR Refining, LP.
How do I buy CVR Refining, LP stock?
Shares of CVR Refining, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CVR Refining, LP's stock price today?
One share of CVR Refining, LP stock can currently be purchased for approximately $9.10.
MarketBeat Community Rating for CVR Refining, LP (NYSE CVRR)MarketBeat's community ratings are surveys of what our community members think about CVR Refining, LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for CVR Refining, LP (NYSE:CVRR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 5 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.83) |
| Consensus Price Target: | $9.67 (6.23% upside) |
Analysts' Ratings History for CVR Refining, LP (NYSE:CVRR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/2/2017 | Citigroup Inc. | Reiterated Rating | Neutral | $8.00 | Low |  |
| 6/20/2017 | Credit Suisse Group | Downgrade | Outperform -> Neutral | $10.00 | High | |
| 3/9/2017 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | $12.50 -> $11.00 | Low | |
| 1/23/2017 | Goldman Sachs Group, Inc. (The) | Upgrade | Sell -> Neutral | $12.00 | N/A | |
| 1/11/2017 | Barclays PLC | Reiterated Rating | Sell | $10.00 | N/A | |
| 11/18/2016 | Piper Jaffray Companies | Upgrade | Underweight -> Neutral | $6.00 -> $7.00 | N/A | |
| 7/1/2016 | Simmons | Downgrade | Neutral -> Underweight | $8.00 -> $3.00 | N/A | |
| 6/20/2016 | Wolfe Research | Initiated Coverage | Market Perform | | N/A | |
(Data available from 9/25/2015 forward)
Earnings History for CVR Refining, LP (NYSE:CVRR)Earnings History by Quarter for CVR Refining, LP (NYSE CVRR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.23 | | | | | N/A | |
| 7/27/2017 | Q2 2017 | $0.17 | ($0.13) | $1.23 billion | $1.34 billion | View | N/A | |
| 4/27/2017 | Q1 2017 | $0.03 | $0.45 | $1.25 billion | $1.42 billion | View | N/A | |
| 2/16/2017 | Q416 | ($0.09) | ($0.07) | $1.18 million | $1.27 billion | View | N/A | |
| 10/27/2016 | Q316 | $0.27 | $0.11 | $1.16 billion | $1.16 billion | View | Listen | |
| 7/28/2016 | Q216 | $0.73 | $0.53 | $1.06 billion | $1.16 billion | View | Listen | |
| 4/28/2016 | Q116 | ($0.57) | ($0.46) | $859.50 million | $834.00 million | View | Listen | |
| 2/18/2016 | Q415 | ($0.24) | ($0.83) | $995.87 million | $948.30 million | View | Listen | |
| 10/29/2015 | Q315 | $1.09 | $0.94 | $1.26 billion | $1.36 billion | View | Listen | |
| 7/30/2015 | Q215 | $1.25 | $1.54 | $1.40 billion | $1.40 billion | View | Listen | |
| 4/30/2015 | Q1 | $0.78 | $0.67 | $1.21 billion | $1.30 billion | View | N/A | |
| 2/19/2015 | Q414 | $0.59 | ($0.73) | $1.77 billion | $1.77 billion | View | N/A | |
| 7/31/2014 | Q2 | $1.00 | $0.98 | | $2.47 billion | View | N/A | |
| 5/1/2014 | Q1 | $0.72 | $1.06 | $2.07 billion | $2.38 billion | View | N/A | |
| 2/20/2014 | Q413 | $0.32 | ($0.75) | $1.85 billion | $2.36 billion | View | N/A | |
| 11/5/2013 | Q313 | $0.89 | $0.58 | $1.64 billion | $1.91 billion | View | N/A | |
| 8/1/2013 | Q2 2013 | $1.66 | $2.30 | $2.10 billion | $2.13 billion | View | Listen | |
| 5/1/2013 | Q1 2013 | $1.58 | $1.90 | $1.97 million | $2.35 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for CVR Refining, LP (NYSE:CVRR)Current Year EPS Consensus Estimate: $1.24 EPS
Next Year EPS Consensus Estimate: $0.86 EPS
Current Dividend Information for CVR Refining, LP (NYSE:CVRR)| Most Recent Dividend: | 11/16/2015 |
| Dividend Yield: | 0.00% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for CVR Refining, LP (NYSE CVRR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/29/2015 | quarterly | $1.01 | 18.4% | 11/5/2015 | 11/9/2015 | 11/16/2015 |
| 7/30/2015 | quarterly | $0.98 | 18.95% | 8/6/2015 | 8/10/2015 | 8/17/2015 |
| 4/30/2015 | quarterly | $0.76 | 13.72% | 5/7/2015 | 5/11/2015 | 5/18/2015 |
| 2/19/2015 | quarterly | $0.37 | 8.02% | 2/26/2015 | 3/2/2015 | 3/9/2015 |
| 10/30/2014 | quarterly | $0.54 | 8.91% | 11/6/2014 | 11/10/2014 | 11/17/2014 |
| 7/31/2014 | quarterly | $0.96 | 15.24% | 8/7/2014 | 8/11/2014 | 8/18/2014 |
| 5/1/2014 | quarterly | $0.98 | 14.65% | 5/8/2014 | 5/12/2014 | 5/19/2014 |
| 2/20/2014 | quarterly | $0.45 | 8.05% | 2/27/2014 | 3/3/2014 | 3/10/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for CVR Refining, LP (NYSE:CVRR)Institutional Ownership Percentage: 10.96%
Insider Trades by Quarter for CVR Refining, LP (NYSE:CVRR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/2/2016 | Carl C Icahn | Director | Sell | 250,000 | $5.70 | $1,425,000.00 | |
| 9/13/2013 | Keith Cozza | Director | Sell | 10,000 | $26.34 | $263,400.00 | |
| 8/6/2013 | Edmund S Gross | SVP | Buy | 4,000 | $26.41 | $105,640.00 | |
| 5/20/2013 | Carl C Icahn | Director | Buy | 2,000,000 | $30.75 | $61,500,000.00 | |
| 1/17/2013 | Christopher G Swanberg | Insider | Buy | 5,000 | $25.00 | $125,000.00 | |
| 1/17/2013 | David Lynn Landreth | VP | Buy | 11,000 | $25.00 | $275,000.00 | |
| 1/17/2013 | John J Lipinski | CEO | Buy | 200,000 | $25.00 | $5,000,000.00 | |
| 1/17/2013 | Robert W Haugen | EVP | Buy | 4,000 | $25.00 | $100,000.00 | |
| 1/17/2013 | Samuel J Merksamer | Director | Buy | 6,000 | $25.00 | $150,000.00 | |
| 1/17/2013 | Stanley A Riemann | COO | Buy | 40,000 | $25.00 | $1,000,000.00 | |
| 1/17/2013 | Susan M Ball | CFO | Buy | 8,000 | $25.00 | $200,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for CVR Refining, LP (NYSE:CVRR)
Latest Headlines for CVR Refining, LP (NYSE:CVRR)
| Source: |
|
| Date | Headline |
|---|
 | Can CVR Refining (CVRR) Run Higher on Strong Earnings Estimate ... - Nasdaq
www.nasdaq.com - September 21 at 5:41 PM |
 | Can CVR Refining (CVRR) Run Higher on Strong Earnings Estimate Revisions?
finance.yahoo.com - September 21 at 10:02 AM |
 | CVR Refining, LP (CVRR) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 20 at 6:34 AM |
| Which Refining and Marketing Energy Stocks Are Rising This Week?
finance.yahoo.com - September 15 at 6:08 PM |
| CVR Refining, LP (CVRR) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - September 12 at 5:40 PM |
| CVR Refining, LP (CVRR) Downgraded by ValuEngine
www.americanbankingnews.com - September 11 at 10:54 PM |
| CVR Refining, LP (CVRR) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - September 9 at 4:28 PM |
| U.S. Oil Stockpiles Skyrocket One Week After Hurricane Harvey
finance.yahoo.com - September 7 at 5:42 PM |
| CVR Refining LP – Value Analysis (NYSE:CVRR) : September 6, 2017
finance.yahoo.com - September 6 at 12:13 AM |
| CVR Refining LP breached its 50 day moving average in a Bullish Manner : CVRR-US : September 1, 2017
finance.yahoo.com - September 1 at 5:57 PM |
| CVR Refining, LP (CVRR) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 26 at 6:46 AM |
| Stock Traders Purchase High Volume of CVR Refining, Call Options (CVRR)
www.americanbankingnews.com - August 26 at 2:46 AM |
| Alon USA Partners, (ALDW) versus CVR Refining, (CVRR) Head-To-Head Review
www.americanbankingnews.com - August 22 at 4:16 PM |
| Comparing Aegean Marine Petroleum Network (ANW) & CVR Refining, (CVRR)
www.americanbankingnews.com - August 20 at 10:42 AM |
| Critical Analysis: Suncor Energy (SU) and CVR Refining, (CVRR)
www.americanbankingnews.com - August 17 at 8:48 AM |
| ETFs with exposure to CVR Refining LP : August 15, 2017
finance.yahoo.com - August 15 at 6:21 PM |
 | CVR Refining: So, About That Cash Reserve - Seeking Alpha
seekingalpha.com - August 14 at 6:01 PM |
| CVR Refining (CVRR) Shares Enter Oversold Territory - Nasdaq
www.nasdaq.com - August 9 at 5:53 PM |
| CVR Refining, LP (NYSE:CVRR) Receives "Neutral" Rating from UBS AG
www.americanbankingnews.com - August 8 at 8:24 PM |
| Here's how Carl Icahn's bet on Trump's energy policy went terribly wrong
finance.yahoo.com - August 7 at 11:05 PM |
| Here's how Carl Icahn's bet on Trump's energy policy went terribly wrong
finance.yahoo.com - August 7 at 6:03 PM |
| CVR Refining, LP (NYSE:CVRR) Cut to Strong Sell at BidaskClub
www.americanbankingnews.com - August 6 at 8:56 AM |
| Crestwood Equity Partners (CEQP) and CVR Refining, (NYSE:CVRR) Head-To-Head Comparison
www.americanbankingnews.com - August 6 at 12:30 AM |
| Zacks: Analysts Anticipate CVR Refining, LP (CVRR) Will Post Earnings of $0.09 Per Share
www.americanbankingnews.com - August 4 at 12:16 AM |
| CVR Refining LP :CVRR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 6:21 PM |
| CVR Refining, LP (NYSE:CVRR) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 1 at 9:23 AM |
| Icahn's biofuel bet faces significant headwinds
finance.yahoo.com - July 31 at 5:31 PM |
| CVR Refining's Second Quarter: Cash Hoard Raises Questions
finance.yahoo.com - July 30 at 4:49 PM |
| CVR Refining's (CVRR) CEO Jack Lipinski on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 29 at 12:41 AM |
| Investors' Concerns About CVR Energy's Dividend Weren't Eased by Its Q2 Results
finance.yahoo.com - July 28 at 7:33 PM |
 | BRIEF-CVR Refining Q2 sales $1.338 billion
www.reuters.com - July 28 at 3:59 AM |
| Edited Transcript of CVRR earnings conference call or presentation 27-Jul-17 5:00pm GMT
finance.yahoo.com - July 28 at 3:59 AM |
 | CVR Refining Reports 2017 Second Quarter Results - PR Newswire (press release)
www.prnewswire.com - July 27 at 5:57 PM |
| CVR Refining Reports 2017 Second Quarter Results
finance.yahoo.com - July 27 at 5:57 PM |
| Investor Network: CVR Refining LP to Host Earnings Call
finance.yahoo.com - July 27 at 5:57 PM |
| CVR Refining, LP (CVRR) Releases Quarterly Earnings Results, Misses Estimates By $0.45 EPS
www.americanbankingnews.com - July 27 at 4:59 PM |
| CVR Refining LP breached its 50 day moving average in a Bullish Manner : CVRR-US : July 26, 2017
finance.yahoo.com - July 26 at 6:17 PM |
| Could CVR Refining Pay Distributions in 2Q17?
finance.yahoo.com - July 24 at 10:53 AM |
| A Look at Refining MLPs’ Capital Expenditure Trends
finance.yahoo.com - July 24 at 10:53 AM |
| Why CLMT and ALDW Have Risen despite Sector Weakness
finance.yahoo.com - July 24 at 10:53 AM |
| CVR Refining, LP (CVRR) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM |
| Critical Review: CVR Refining, (CVRR) and Cosan Limited (CZZ)
www.americanbankingnews.com - July 18 at 10:18 PM |
| CVR Refining, LP (NYSE:CVRR) PT Lowered to $10.00 at Citigroup Inc.
www.americanbankingnews.com - July 17 at 7:44 PM |
| CVR Refining Announces 2017 Second Quarter Earnings Call - PR Newswire (press release)
www.prnewswire.com - July 13 at 11:55 PM |
| CVR Refining Announces 2017 Second Quarter Earnings Call
finance.yahoo.com - July 13 at 6:54 PM |
| $0.17 EPS Expected for CVR Refining, LP (CVRR) This Quarter
www.americanbankingnews.com - July 12 at 6:30 PM |
| CVR Refining, LP (NYSE:CVRR) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - July 11 at 8:28 PM |
| Is CVR Refining a Great Stock for Value Investors?
finance.yahoo.com - July 10 at 5:39 PM |
| CVR Refining, LP (CVRR) Raised to Strong-Buy at ValuEngine
www.americanbankingnews.com - July 7 at 6:20 PM |
| CVR Refining, LP (CVRR) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 7 at 8:08 AM |
CVR Refining, LP (CVRR) Chart for Monday, September, 25, 2017
