CVI News and Press, CVR Energy Inc. From 04/28/23

2023-04-28 17:35:37 ET CVR Energy ( NYSE: CVI ) is scheduled to announce Q1 earnings results on Monday, May 1st, after market close. The consensus EPS Estimate is $1.04 and the consensus Revenue Estimate is $2.17B. Over the last 2 years, CVI has beaten EPS estimates ...

2023-04-28 14:42:39 ET In a big win for the biofuels industry, the Biden administration said Friday it issued an emergency waiver that will allow widespread sales of higher-ethanol E15 gasoline this summer, repeating a move used last year to help tamp down high pump prices. The move...

2023-04-25 13:52:29 ET Summary Although US refiners outperformed the broader market over the last year, the sector has been weak over the last month. However, industry trends over recent years are strong with growing revenues and earnings. Refiner revenues and earnings appear ...

2023-04-19 18:05:51 ET A Biden administration plan for year-round sales of E15 ethanol blend in eight Midwestern states likely will go into effect in summer 2024 , a year later than the states sought, Environmental Protection Agency Michael Regan told the House Agriculture Committee...

SUGAR LAND, Texas, April 18, 2023 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its first quarter 2023 earnings results on Monday, May 1, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Tuesday, May 2, at 1 p.m. Ea...

2023-04-03 04:09:10 ET Summary Due to never-before-seen refining margins, 2022 was very profitable for CVR Energy but economic concerns do not create a positive backdrop going forwards into 2023. At least their guidance for 2023 capital expenditure shows minimal spending, which he...

2023-03-28 12:38:17 ET Marathon Petroleum ( NYSE: MPC ) was downgraded Tuesday at J.P. Morgan to Neutral from Overweight with a $149 price target on valuation, as the stock has been the top performer among oil refiners since the start of the pandemic, driven by a combination of ...

2023-03-27 16:30:38 ET Energy stocks ( NYSEARCA: XLE ) traded at the top of the S&P sector leaderboard Monday as crude oil prices rallied, helped by easing worries over the U.S. banking sector and as Iraq was forced to stop some of its crude exports from the Kurdistan region...

2023-03-18 04:08:11 ET Summary Recent gloomy economic conditions are an opportunity to hunt bargains and position your portfolio for market beating future returns. Based on valuation, profitability, and durable demand, the US refining sector is a good place to look for value and s...

2023-03-16 06:05:00 ET Carl Icahn is one of the most successful investors on Wall Street, and he takes a value-investing approach similar to Berkshire Hathaway CEO Warren Buffett. However, Icahn differs from Buffett in that he takes an active role in turning around undervalued compa...