CVR Energy(CVI)

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CVR Energy (CVI) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-29 23:25
While CVR has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and tre ...
CVR Energy(CVI) - 2024 Q2 - Quarterly Results
2024-07-29 21:13
Exhibit 99.1 • Second quarter net income attributable to CVR Energy stockholders of $21 million; EBITDA of $103 million; adjusted EBITDA of $87 million • Second quarter earnings per diluted share of 21 cents and adjusted earnings per diluted share of 9 cents • Announced cash dividend of 50 cents per share • CVR Partners announced a cash distribution of $1.90 per common unit SUGAR LAND, Texas (July 29, 2024) – CVR Energy, Inc. (NYSE: CVI, "CVR Energy" or the "Company") today announced net income attributable ...
Earnings Preview: CVR Energy (CVI) Q2 Earnings Expected to Decline
ZACKS· 2024-07-22 15:06
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Wall Street expects a year-over-year decline in earnings on lower revenues when CVR Energy (CVI) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powe ...
CVR Energy to Release Second Quarter 2024 Earnings Results
Newsfilter· 2024-07-16 12:03
SUGAR LAND, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2024 earnings results on Monday, July 29, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Tuesday, July 30, at 1 p.m. Eastern to discuss these results. CVR Energy's second quarter 2024 earnings news release will be distributed via GlobeNewswire and posted at www.CVREnergy.com. Headquartered in Sugar Land, Texas, CVR Energy is a d ...
3 Sell-Rated Stocks That Wall Street Is Dead Wrong About
Investor Place· 2024-07-15 16:16
Source: viewimage / Shutterstock Sure, the economic situation might not be that good under a second Trump administration. However, "The Donald" will be eager to boost national activity. Therefore, SCCO is one of the sell-rated stocks that could swing higher. Since the start of the year, CVI fell 21%. Interestingly, in the past four quarters, CVR's average EPS came out to $1.06. This beat the consensus view of 92 cents. However, the company suffered a big hit in Q1 2024, raising concerns for investors. Per T ...
CVR Energy Provides Update to Operational Statistics and Financial Information for its Petroleum and Renewables Businesses
Newsfilter· 2024-05-14 20:19
SUGAR LAND, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. ("CVR Energy" or the "Company") (NYSE:CVI) today announced its outlook for certain operational statistics and financial information for its Petroleum and Renewables businesses for the second quarter of 2024. This information was not included in the announcement of the results of the first quarter of 2024, as the Company was not yet able to determine the impacts from a fire the Wynnewood Refinery experienced the day prior to the announcemen ...
CVR (CVI) Upgraded to Strong Buy: Here's What You Should Know
Zacks Investment Research· 2024-05-02 17:01
Investors might want to bet on CVR Energy (CVI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Indi ...
Is CVR Energy (CVI) a Great Value Stock Right Now?
Zacks Investment Research· 2024-05-01 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...
CVR Energy(CVI) - 2024 Q1 - Earnings Call Transcript
2024-04-30 22:25
CVR Energy, Inc. (NYSE:CVI) Q1 2024 Earnings Conference Call April 30, 2024 1:00 PM ET Company Participants Richard Roberts - VP, Financial Planning and Analysis, and IR David Lamp - CEO Dane Neumann - CFO Conference Call Participants Manav Gupta - UBS Matthew Blair - Tudor, Pickering, Holt John Royall - JPMorgan Neil Mehta - Goldman Sachs Paul Cheng - Scotiabank Operator Greetings, and welcome to the CVR Energy First Quarter 2024 Conference Call. [Operator Instructions] As a reminder, this conference is be ...
CVR Energy(CVI) - 2024 Q1 - Quarterly Report
2024-04-30 20:17
(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission file number: 001-33492 CVR ENERGY, INC. (Exact name of registrant as specified in its charter) 2277 Plaza Drive, Suite 500, Sugar Land, Texas 77479 (Addre ...