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CVR Energy (NYSE:CVI): Q2 Non-GAAP EPS of -$0.32 beats by $0.28; GAAP EPS of -$0.06 in-line. Revenue of $1.78B (+163.7% Y/Y) beats by $370M. EBITDA was $102 million, compared to second quarter 2020 EBITDA of $68 million. Press Release For further details see: CVR Energy EPS beats by $0....
SUGAR LAND, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced a net loss of $6 million, or 6 cents per diluted share, on net sales of $1.8 billion for the second quarter of 2021, compared to net ...
Mr. Icahn and his associates own 92% of the company, while the public changes hands on the remaining 8% traded on the NASDAQ, influencing its daily price. Most of the company's revenues come from its energy and automotive subsidiaries. Icahn's strategy entails substantial risks in...
SUGAR LAND, Texas, July 22, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) has changed the time of its second quarter 2021 earnings conference call to 3 p.m. Eastern on Tuesday, August 3. During the call, the Company will discuss its second quarter 2021 earnings results, which will b...
SUGAR LAND, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2021 earnings results on Monday, August 2, after the close of trading on the New York Stock Exchange. The Company will host a teleconference call on Tuesday, August 3, at 1 ...
halbergman/E+ via Getty Images Oil prices have dropped in volatile trade since OPEC's failure after powering higher for most of this year, but oil spreads - the difference between international and U.S. crude prices - are falling. Brent crude settled today -1.5% at $73.43/bbl, while U.S. WTI ...
Refiners including HollyFrontier ([[HFC]] +0.6%), CVR Energy ([[CVI]] +4.3%) and PBF Energy ([[PBF]] +2.9%) move higher after the U.S. Supreme Court ruled the Environmental Protection Agency has wide latitude to exempt refineries from federal biofuel mandates.Biofuel names includin...
The top U.S. refining trade group warns the cost of complying with the federal biofuels mandate could soar past $30B this year, and are lobbying the Biden administration to lower annual quotas of how much ethanol, biodiesel and other renewable fuels they must blend into their products.Complia...
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SUGAR LAND, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2024 earnings results on Monday, July 29, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Tuesday, July 30, at 1 p.m...
2024-07-12 08:00:13 ET Paul Cheng from Scotiabank issued a price target of $24.00 for CVI on 2024-07-12 07:20:00. The adjusted price target was set to $24.00. At the time of the announcement, CVI was trading at $24.66. The overall price target consensus is at $29.00 with...
2024-06-09 05:23:00 ET Carl Icahn is one of the most famous activist investors on Wall Street. He's known for investing in companies with the goal of unlocking value for himself and other shareholders. Today he owns around 15% of Southwest Gas (NYSE: SWX) via his Icahn Enterprises...