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 - NEC
- Sub-Industry: N/A
- Symbol: NYSE:CVRR
- CUSIP: N/A
- Web: www.cvrrefining.com
Capitalization:- Market Cap: $1.3653 billion
- Outstanding Shares: 147,600,000
Average Prices:- 50 Day Moving Avg: $9.40
- 200 Day Moving Avg: $10.08
- 52 Week Range: $5.50 - $12.55
P/E:- Trailing P/E Ratio: 8.99
- Foreward P/E Ratio: 15.51
- P/E Growth: 0.53
Sales & Book Value:- Annual Revenue: $5.02 billion
- Price / Sales: 0.27
- Book Value: $9.24 per share
- Price / Book: 0.99
Profitability:- EBIDTA: $325.4 million
- Net Margins: 2.99%
- Return on Equity: 11.43%
- Return on Assets: 6.55%
Debt:- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 1.85%
- Quick Ratio: 1.23%
Misc:- Average Volume: 453,338 shs.
- Beta: 1.33
- Short Ratio: 4.65
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) announced its quarterly earnings data on Thursday, April, 27th. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.42. The firm earned $1.42 billion during the quarter, compared to analysts' expectations of $1.25 billion. CVR Refining, LP had a return on equity of 11.43% and a net margin of 2.99%. The company's quarterly revenue was up 70.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.46) 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 12-month target prices for CVR Refining, LP's shares. Their forecasts range from $7.00 to $12.00. On average, they anticipate CVR Refining, LP's stock price to reach $10.00 in the next twelve months. 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 PBF Energy (PBF), Targa Resources Partners LP (NGLS), Crestwood Equity Partners LP (CEQP), NGL ENERGY PARTNERS LP (NGL), Suburban Propane Partners, L.P. (SPH), Cosan Limited (CZZ), American Midstream Partners, LP (AMID), Alon USA Partners, LP (ALDW), 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?
Who sold CVR Refining, LP stock? Who is selling CVR Refining, LP stock?
Who bought CVR Refining, LP stock? Who is buying CVR Refining, LP stock?
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 $9.15.
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: | $10.00 (9.29% upside) |
Analysts' Ratings History for CVR Refining, LP (NYSE:CVRR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/17/2017 | Citigroup Inc. | Lower Price Target | Neutral | $11.00 -> $10.00 | Low |  |
| 6/20/2017 | Credit Suisse Group AG | 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 | |
| 7/24/2015 | Macquarie | Initiated Coverage | Neutral | $20.00 | N/A | |
(Data available from 7/22/2015 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 |
|---|
| 7/26/2017 | | $0.32 | | | | | 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: $0.64 EPS
Next Year EPS Consensus Estimate: $0.59 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: 11.40%
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, 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 (NYSE:CVRR) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 5 at 6:50 PM |
| CVR Refining, LP (CVRR) Upgraded at BidaskClub
www.americanbankingnews.com - July 1 at 6:20 PM |
| Watchdog group sues EPA to access communications with Icahn
finance.yahoo.com - June 27 at 4:53 PM |
| CVR Refining, LP (CVRR) Cut to "Sell" at BidaskClub
www.americanbankingnews.com - June 24 at 1:46 PM |
 | CVR Refining Enters Oversold Territory (CVRR) - Nasdaq
www.nasdaq.com - June 21 at 5:55 PM |
| CVR Refining, LP (CVRR) Cut to "Neutral" at Credit Suisse Group
www.americanbankingnews.com - June 20 at 7:58 AM |
| $0.27 EPS Expected for CVR Refining, LP (CVRR) This Quarter
www.americanbankingnews.com - June 16 at 6:04 PM |
| CVR Refining, LP (CVRR) Upgraded at ValuEngine
www.americanbankingnews.com - June 13 at 4:04 PM |
| CVR Refining, LP (CVRR) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 12 at 8:38 AM |
 | Buy CVR Partners LP Before Fertilizer Prices Reverse
seekingalpha.com - June 6 at 4:50 PM |
| ETFs with exposure to CVR Refining LP : June 6, 2017
finance.yahoo.com - June 6 at 4:50 PM |
| CVR Refining LP breached its 50 day moving average in a Bearish Manner : CVRR-US : June 5, 2017
finance.yahoo.com - June 5 at 11:56 AM |
| CVR Refining LP (CVRR) Lowered to "Hold" at ValuEngine
www.americanbankingnews.com - June 4 at 9:16 PM |
| 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 |
CVR Refining, LP (CVRR) Chart for Saturday, July, 22, 2017
