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:
- Industry: Oil & Gas Refining & Marketing
- Sub-Industry: N/A
- Symbol: NYSE:CVRR
- CUSIP: N/A
- Web: www.cvrrefining.com
Capitalization:- Market Cap: $1.48 billion
- Outstanding Shares: 147,600,000
Average Prices:- 50 Day Moving Avg: $9.72
- 200 Day Moving Avg: $9.97
- 52 Week Range: $5.50 - $12.55
P/E:- Trailing P/E Ratio: 9.82
- Foreward P/E Ratio: 9.90
- P/E Growth: 0.37
Sales & Book Value:- Annual Revenue: $5.02 billion
- Price / Sales: 0.29
- Book Value: $9.24 per share
- Price / Book: 1.08
Profitability:- EBIDTA: $325.4 million
- Net Margins: -2.34%
- Return on Equity: -7.55%
- Return on Assets: -4.38%
Debt:- Debt-to-Equity Ratio: 0.44%
- Current Ratio: 1.88%
- Quick Ratio: 1.20%
Misc:- Average Volume: 425,609 shs.
- Beta: 1.34
- Short Ratio: 6.85
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) posted its earnings results on Thursday, April, 27th. The company reported $0.45 EPS for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.42. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.25 billion. CVR Refining LP had a negative return on equity of 7.55% and a negative net margin of 2.34%. CVR Refining LP's quarterly revenue was up 70.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.46) earnings per share. 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?
8 equities research analysts have issued twelve-month target prices for CVR Refining LP's shares. Their forecasts range from $3.00 to $18.00. On average, they expect CVR Refining LP's share price to reach $10.29 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 World Fuel Services Corp (INT), PBF Energy (PBF), CVR Energy (CVI), NGL Energy Partners LP (NGL), Delek US Holdings (DK), Alon USA Energy (ALJ), Crossamerica Partners LP (CAPL), Par Pacific Holdings (PARR), Alon USA Partners LP (ALDW), Sprague Resources LP (SRLP), Ferrellgas Partners, L.P. (FGP), Renewable Energy Group (REGI), Calumet Specialty Products Partners, L.P (CLMT), Pacific Ethanol (PEIX), Eagle Rock Energy Partners, L.P. (EROC), InterOil (IOC) and Northern Tier Energy LP (NTI).
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 a variety of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.36%), Bank of America Corp DE (0.77%), ING Groep NV (0.24%), Wellington Management Group LLP (0.20%), UBS Group AG (0.20%) and Bank of New York Mellon Corp (0.17%). 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 UBS Group AG, KCG Holdings Inc., Walthausen & Co. LLC, California Public Employees Retirement System, Creative Planning, Ameriprise Financial Inc., Credit Suisse AG and Sheaff Brock Investment Advisors LLC. 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 acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, ING Groep NV, Bank of America Corp DE, Wellington Management Group LLP, Acadian Asset Management LLC, Parkwood LLC, Grisanti Capital Management LLC and First Trust Advisors LP. 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 $10.00.
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.
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 |
|---|
| 7/26/2017 | | | | | | | | |
| 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: $1.04 EPS
Next Year EPS Consensus Estimate: $1.01 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: 6.50%
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 |
|---|
 | CVR Refining's (CVRR) "Neutral" Rating Reaffirmed at Citigroup Inc
www.americanbankingnews.com - May 26 at 12:58 AM |
 | ETFs with exposure to CVR Refining LP : May 23, 2017
finance.yahoo.com - May 23 at 4:24 PM |
| CVR Refining LP (CVRR) Expected to Post Earnings of $0.45 Per Share
www.americanbankingnews.com - May 19 at 10:30 AM |
| CVR Refining LP (CVRR) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 16 at 8:08 AM |
 | CVR Refining (CVRR) Run Higher on Strong Earnings Estimate ... - Nasdaq
www.nasdaq.com - May 11 at 5:13 PM |
| CVR Refining (CVRR) Run Higher on Strong Earnings Estimate Revisions?
finance.yahoo.com - May 11 at 5:13 PM |
| Democratic senators ask US regulators to investigate Carl...
finance.yahoo.com - May 9 at 4:34 PM |
| Democratic Senators call for probe into Icahn’s biofuel credit dealings
finance.yahoo.com - May 9 at 4:34 PM |
| CVR Refining LP :CVRR-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 4:32 PM |
| Somewhat Critical Media Coverage Very Likely to Impact CVR Refining (CVRR) Share Price
www.americanbankingnews.com - May 2 at 9:30 PM |
| CVR Refining LP – Value Analysis (NYSE:CVRR) : May 2, 2017
finance.yahoo.com - May 2 at 7:45 PM |
| CVR Refining Posted a Surprising Profit in Q1, but Not Enough to Pay Shareholders
finance.yahoo.com - May 1 at 4:31 PM |
| CVR Refining Posted a Surprising Profit in Q1, but Not Enough to Pay Shareholders
finance.yahoo.com - May 1 at 4:31 PM |
| CVR Refining LP breached its 50 day moving average in a Bullish Manner : CVRR-US : May 1, 2017
finance.yahoo.com - May 1 at 8:18 AM |
| Edited Transcript of CVRR earnings conference call or presentation 27-Apr-17 5:00pm GMT
finance.yahoo.com - April 29 at 10:14 PM |
| CVR Refining (CVRR) Given News Impact Rating of 0.07
www.americanbankingnews.com - April 29 at 9:35 PM |
| CVR Refining LP (CVRR) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 28 at 10:38 PM |
| CVR Refining LP (CVRR) Expected to Announce Earnings of $0.38 Per Share
www.americanbankingnews.com - April 28 at 10:24 PM |
 | CVR Refining, LP's (CVRR) CEO John Lipinski on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 5:36 PM |
| CVR Refining LP (CVRR) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 27 at 9:38 PM |
 | BRIEF-CVR Refining sees 2017 total capital spending of $170 mln
www.reuters.com - April 27 at 5:09 PM |
| CVR Refining, LP 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 27 at 5:09 PM |
| CVR Refining Reports 2017 First Quarter Results
finance.yahoo.com - April 27 at 5:09 PM |
| CVR Refining (CVRR) Receives Daily Media Sentiment Score of 0.24
www.americanbankingnews.com - April 27 at 12:50 AM |
| CVR Refining (CVRR) Receives Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 23 at 7:45 PM |
| CVR Refining LP (CVRR) Receives "Neutral" Rating from Citigroup Inc
www.americanbankingnews.com - April 22 at 2:11 PM |
| CVR Refining LP (CVRR) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 21 at 7:57 AM |
| Positive Media Coverage Very Likely to Affect CVR Refining (CVRR) Share Price
www.americanbankingnews.com - April 20 at 8:59 PM |
| Notable Two Hundred Day Moving Average Cross - CVRR
www.nasdaq.com - April 19 at 9:35 PM |
| CVRR Crosses Critical Technical Indicator
www.nasdaq.com - April 18 at 12:10 PM |
| CVR Refining LP (CVRR) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 17 at 6:32 PM |
| CVR Refining (CVRR) Given Daily Coverage Optimism Score of 0.56
www.americanbankingnews.com - April 17 at 12:28 PM |
| CVR Refining LP (CVRR) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - April 14 at 7:42 AM |
| Positive Press Coverage Very Likely to Effect CVR Refining (CVRR) Share Price
www.americanbankingnews.com - April 13 at 6:35 PM |
 | CVR Energy Announces 2017 First Quarter Earnings Call
www.marketwatch.com - April 13 at 11:45 AM |
| CVR Refining Announces 2017 First Quarter Earnings Call
finance.yahoo.com - April 13 at 11:45 AM |
| CVR Refining LP (CVRR) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - April 10 at 7:41 PM |
| CVR Refining LP (CVRR) Upgraded to Neutral at Goldman Sachs Group Inc
www.americanbankingnews.com - April 9 at 2:33 PM |
| Brokerages Anticipate CVR Refining LP (CVRR) Will Announce Quarterly Sales of $0.00
www.americanbankingnews.com - April 9 at 8:36 AM |
| Zacks: Analysts Expect CVR Refining LP (CVRR) Will Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - April 7 at 8:45 PM |
| CVR Refining LP (CVRR) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - March 30 at 6:22 PM |
| CVR Refining LP (CVRR) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 27 at 1:29 PM |
| CVR Refining LP (CVRR) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - March 24 at 9:17 AM |
| CVR Refining (CVRR) Shares Enter Oversold Territory
www.nasdaq.com - March 22 at 4:42 PM |
 | Moody's: Outlook for North American and EMEA refining and marketing sector changed to stable
www.moodys.com - March 22 at 4:42 PM |
| CVR Refining downgraded by JP Morgan
finance.yahoo.com - March 9 at 5:10 PM |
 | Oil & Gas Stocks Under Scanner -- CVR Refining, NGL Energy ... - PR Newswire (press release)
www.prnewswire.com - March 1 at 1:15 PM |
 | CVR Refining Is Preparing for Another Tough Year for Refiners
www.fool.com - February 22 at 9:01 AM |
| CVR REFINING, LP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 21 at 5:55 PM |
| CVR Refining Files Form 10-K Annual Report For Fiscal Year Ended Dec. 31, 2016
finance.yahoo.com - February 21 at 5:55 PM |
CVR Refining LP (CVRR) Chart for Monday, May, 29, 2017
