CVI News and Press, CVR Energy Inc. From 06/13/22

Carl Icahn’s 13F portfolio value decreased from $22.29B to $21.87B this quarter. They reduced Cheniere Energy and Newell Brands during the quarter. They also dropped Occidental Petroleum. Icahn Enterprises, CVR Energy, and Cheniere Energy are the three largest positions. ...

Growth strategies try to find companies that will continue to produce above-average earnings growth. Growth strategies show more consistent performance with smaller stocks, although O’Shaughnessy prefers not to exclude large firms from consideration. O’Shaughnessy&#x...

The stock of Phillips 66 has been left in the dust by its larger refining peers Valero and Marathon. Yet the lack of global refining capacity is just as much a positive catalyst for PSX, and PSX's two refineries in Europe are ideally positioned. Given the current macro environment...

There's a lack of adequate refining capacity because of refinery closures due to COVID-19, natural disasters, and the economic reality of the last few years. As a result, refiners are now in an excellent position to profit from crack spreads that have blown out - especially for diesel...

CVI's earnings have soared. Oil market prices have been highly beneficial. The Russian-Ukrainian conflict provides a war risk premium. The oil market may tighten further as Western bans of Russian oil tighten. Oil market conditions appear very favorable for the foreseeable...

Energy commodities were muted most of the day Tuesday, with oil (USO) down for the majority of the session, gasoline and diesel lower on the day, natural gas (UNG) flat and thermal coal down over 6.0%. However, bullish notes from Goldman and Jefferies lifted energy equities throughout th...

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 fertili...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips According to famed corporate raider Carl Icahn, energy plays like Southwest Gas (NYSE: SWX ) are back in focus. The veteran hedge fund manager, who has a net worth of $15.8 billion according to Forbes, just picked...

Bank of America's Doug Leggate published a bullish note on PBF (NYSE:PBF) Thursday, suggesting the company is the "poster child" for a new "Golden Age" in US refining. Leggate has been bullish refiners for much of the year, so Thursday's note comes as no surprise; however, a detail in the not...

Laredo Petroleum (LPI) rallied ~20% Wednesday, after the company announced a $200m share repurchase Tuesday. Along with Q4 results, the company planned to allocated 100% of free cash flow to debt reduction in 2022; however, given the rise in oil prices (USO) and rally in gas prices (UNG), the...