CVI News and Press, CVR Energy Inc. From 03/30/22

Shares of CVR Energy Inc. (NYSE:CVI) traded today at $26.66, eclipsing its 52-week high. So far today approximately 94,000 shares have been exchanged, as compared to an average 30-day volume of 998,000 shares. CVR Energy Inc is a holding company that engages in petroleum refining and nit...

Shortly following the war in Ukraine, Shell (SHEL) and BP (BP) told customers to expect reduced supplies of diesel fuel. Earlier this week, the heads of three commodity trading houses said that Europe would face fuel shortages this summer. And two announcements Thursday suggest shor...

After CVR Energy enjoyed a reprieve during the third quarter of 2021, it seems this did not continue into the fourth quarter. Their operating cash flow was barely positive during the fourth quarter of 2021, regardless of temporary working capital movements. Apart from the difficul...

The S&P energy sector (NYSEARCA:XLE) rose 2% this week even as U.S. benchmark crude oil posted its first weekly loss since Russia invaded Ukraine, capping a week of volatile trading that isn't likely to let up soon. WTI front-month crude (CL1:COM) closed Friday +3.1% but ended with a 5.5%...

BP (NYSE:BP) and Shell (NYSE:SHEL) have not offered spot diesel cargoes on the German market for two weeks, for fear of a supply shortage, according to Reuters sources. Russia accounted for 58% of Europe's diesel and gasoil imports in 2021, and the German fuels and energy association sai...

Gainers: Enservco (NYSE:ENSV) +29%. Arcadia Biosciences (NASDAQ:RKDA) +24%. Yield10 Bioscience (NASDAQ:YTEN) +17%. LSB Industries (NYSE:LXU) +13%. CVR Energy (NYSE:CVI) +13%. Losers: New Fortress Energy (NASDAQ:NFE) -11%. Azure Power Global (NYSE:AZRE) -10%. Danimer Scientific (NYSE...

In a direct address to the oil & gas industry Tuesday, President Biden said, "to the oil and gas companies ... it's no time for profiteering or price gouging." Hours later, Senator Warren made an appearance on MSNBC saying, "I'm co-sponsoring a bill on windfall profits tax. We get it...

In a pre-market release Monday, Delek (NYSE:DK) announced plans to repurchase $64m worth of shares from Carl Icahn and affiliates (NASDAQ:IEP) at Friday's closing price of $18.30 per share. The mid-continent oil refiner has been the target of an activist campaign by Mr. Icahn and Icahn-contro...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Indonesia-based oil company Indonesia Energy (NYSEAMERICAN: INDO ) is up a jaw-dropping 100%-plus so far today. It seems that the Russia-Ukraine conflict’s inflationary pressure on energy prices is boosting IND...

Gainers: Indonesia Energy Corporation (NYSE:INDO) +85%. CVR Energy (NYSE:CVI) +49%. Mexco Energy (NYSE:MXC) +34%. Nine Energy Service (NYSE:NINE) +21%. Sierra Metals (NYSE:SMTS) +17%. Losers: Advent Technologies Holdings (NASDAQ:ADN) -12%. Uranium Energy (NYSE:UEC) -11%. Danimer Sci...