CVR Energy
Market Cap
US$1.3b
Last Updated
2020/09/20 05:49 UTC
Data Sources
Company Financials +
Executive Summary
CVR Energy, Inc., through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has CVR Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CVI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.0%
CVI
2.6%
US Oil and Gas
0.09%
US Market
1 Year Return
-70.4%
CVI
-45.4%
US Oil and Gas
12.6%
US Market
Return vs Industry: CVI underperformed the US Oil and Gas industry which returned -45.4% over the past year.
Return vs Market: CVI underperformed the US Market which returned 12.6% over the past year.
Shareholder returns
| CVI | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | 2.6% | 0.09% |
| 30 Day | -20.7% | -8.1% | -1.6% |
| 90 Day | -39.7% | -15.6% | 7.9% |
| 1 Year | -68.4%-70.4% | -42.0%-45.4% | 15.2%12.6% |
| 3 Year | -33.4%-45.5% | -42.1%-49.7% | 38.9%29.6% |
| 5 Year | -51.6%-67.6% | -34.6%-47.6% | 87.6%66.5% |
Price Volatility Vs. Market
How volatile is CVR Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
CVR Energy's(NYSE:CVI) Share Price Is Down 66% Over The Past Year.1 month ago | Simply Wall St
Are CVR Energy's (NYSE:CVI) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
What We Learned About CVR Energy's (NYSE:CVI) CEO CompensationValuation
Is CVR Energy undervalued compared to its fair value and its price relative to the market?
45.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVI ($13.36) is trading below our estimate of fair value ($24.61)
Significantly Below Fair Value: CVI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CVI is poor value based on its PE Ratio (18.9x) compared to the US Oil and Gas industry average (7.5x).
PE vs Market: CVI is poor value based on its PE Ratio (18.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: CVI is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: CVI is overvalued based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is CVR Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
42.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVI's forecast earnings growth (42.4% per year) is above the savings rate (2.2%).
Earnings vs Market: CVI's earnings (42.4% per year) are forecast to grow faster than the US market (23.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CVI's revenue (15.4% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: CVI's revenue (15.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CVI's Return on Equity is forecast to be low in 3 years time (4.9%).
Next Steps
Past Performance
How has CVR Energy performed over the past 5 years?
27.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVI has a large one-off loss of $49.0M impacting its June 30 2020 financial results.
Growing Profit Margin: CVI's current net profit margins (1.4%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: CVI's earnings have grown significantly by 27.7% per year over the past 5 years.
Accelerating Growth: CVI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CVI had negative earnings growth (-81%) over the past year, making it difficult to compare to the Oil and Gas industry average (-39.4%).
Return on Equity
High ROE: CVI's Return on Equity (-0.07%) is considered low.
Next Steps
Financial Health
How is CVR Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CVI's short term assets ($1.3B) exceed its short term liabilities ($369.0M).
Long Term Liabilities: CVI's short term assets ($1.3B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CVI's debt to equity ratio (115.9%) is considered high.
Reducing Debt: CVI's debt to equity ratio has increased from 35.2% to 115.9% over the past 5 years.
Debt Coverage: CVI's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: CVI's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
Next Steps
Dividend
What is CVR Energy current dividend yield, its reliability and sustainability?
9.88%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CVI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CVI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Dave Lamp (62 yo)
2.67yrs
Tenure
US$4,290,364
Compensation
Mr. David L. Lamp, also known as Dave, serves as the President, Chief Executive Officer and Director of CVR Energy Inc. Mr. Lamp has been President, Chief Executive Officer and Director of CVR Refining GP, ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.29M) is about average for companies of similar size in the US market ($USD4.58M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.67yrs | US$4.29m | no data | |
| Executive VP & CFO | 2.33yrs | US$1.84m | no data | |
| Executive VP | 2.17yrs | US$2.20m | no data | |
| Executive Vice President of Corporate Services | 2.67yrs | US$2.95m | no data | |
| Executive VP & Chief Commercial Officer | 2.67yrs | US$2.11m | 0.0069% $ 93.1k | |
| Chief Accounting Officer & Corporate Controller | 2.33yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Director of Labor Relations & Manufacturing Human Resources | 7.92yrs | no data | no data | |
| Senior Vice President of Refined Products & Risk Management | 10.67yrs | no data | no data | |
| Vice President of Finance & Treasurer | no data | no data | no data |
2.7yrs
Average Tenure
52.5yo
Average Age
Experienced Management: CVI's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.67yrs | US$4.29m | no data | |
| Independent Director | 8.33yrs | US$54.94k | no data | |
| Chairman of the Board | 2.67yrs | no data | no data | |
| Director | 2yrs | no data | no data | |
| Independent Director | 8.33yrs | US$57.00k | no data | |
| Director | 4.5yrs | no data | no data | |
| Director | 2yrs | no data | no data | |
| Independent Director | 0.42yr | no data | no data |
2.7yrs
Average Tenure
60.5yo
Average Age
Experienced Board: CVI's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CVR Energy, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CVR Energy, Inc.
- Ticker: CVI
- Exchange: NYSE
- Founded: 1906
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: US$1.343b
- Shares outstanding: 100.53m
- Website: https://www.cvrenergy.com
Number of Employees
Location
- CVR Energy, Inc.
- 2277 Plaza Drive
- Suite 500
- Sugar Land
- Texas
- 77479
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FL9 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 2007 |
| CVI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 2007 |
| 0HRR | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Oct 2007 |
Biography
CVR Energy, Inc., through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company operates through two segments, Petroleum and Nit ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/20 05:49 |
| End of Day Share Price | 2020/09/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.