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 ...

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 ...

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, 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 ...

(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 ...

The energy industry is undergoing a seismic shift in response to climate change concerns and the sustainability of fossil fuels. Although most, if not all, energy stocks are affected, these energy stocks to avoid also have other issues.As the world moves toward cleaner energy sources, the demand for fossil fuels is expected to decrease over time. This could lead to reduced revenues and profits for companies heavily reliant on traditional energy sources.Energy companies perceived as contributing to environme ...

CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 cents "CVR Energy achieved solid results for the 2024 first quarter driven by lower RINs' expense and higher crude oil and refined product prices, offset by lower refining margins and reduced throughput related to the Wynnewood refinery's planned turnaround," said Dave Lamp, CVR Energy's Chief Executive Officer. "CVR Energy also was pleased to announce a regular first quarter 2024 cash dividend of 50 cents per share, part of o ...

SUGAR LAND, Texas, April 29, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. ("CVR Energy" or the "Company") (NYSE:CVI) today announced net income attributable to CVR Energy stockholders of $82 million, or $0.81 per diluted share, on net sales of $1.9 billion for the first quarter of 2024, compared to net income attributable to CVR Energy stockholders of $195 million, or $1.94 per diluted share, on net sales of $2.3 billion for the first quarter of 2023. Adjusted earnings for the first quarter of 2024 was 4 cents ...

Legendary investor Carl Icahn is betting big on several oil and gas stocks.Carl Icahn is known for his big bets. Right now, just three energy stocks comprise more than one quarter of his portfolio. Each stock has very different characteristics, so if you want to follow Icahn, be sure to understand all three. This 1 stock is Icahn's biggest betIcahn may have more than one quarter of his portfolio in just three energy stocks, but most of that quarter is comprised of a single stock: CVR Energy (CVI -0.48%).CVR ...

CVR Energy (CVI) ended the recent trading session at $33.69, demonstrating a +1.78% swing from the preceding day's closing price. This change outpaced the S&P 500's 1.2% gain on the day. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.59%.Shares of the diversified holding company have depreciated by 8.46% over the course of the past month, underperforming the Oils-Energy sector's gain of 3.58% and the S&P 500's loss of 4.16%.The investment community w ...