CVI - Shares of CVR Energy Inc. (CVI) Rise to a New 52-Week High
Shares of CVR Energy Inc. (NYSE:CVI) traded at a new 52-week high today of $42.38. Approximately 521,000 shares have changed hands today, as compared to an average 30-day volume of 846,000 shares.
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.
Based on a current price of $42.33, CVR Energy Inc. is currently 85.3% above its average consensus analyst price target of $6.22.
CVR Energy Inc. share prices have moved between a 52-week high of $42.38 and a 52-week low of $11.22 and are now trading 277% above that low price at $42.33 per share.
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