CVR Energy
Market Cap
US$4.7b
Last Updated
2019/11/12 00:07 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.
Snowflake
Solid track record average dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.7%
CVI
-2.0%
US Oil and Gas
0.3%
US Market
1 Year Return
22.0%
CVI
-13.1%
US Oil and Gas
12.5%
US Market
Return vs Industry: CVI exceeded the US Oil and Gas industry which returned -13.1% over the past year.
Return vs Market: CVI exceeded the US Market which returned 12.5% over the past year.
Shareholder returns
| CVI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -2.0% | 0.3% |
| 30 Day | 7.3% | 2.9% | 4.1% |
| 90 Day | 5.5% | 3.0% | 5.6% |
| 1 Year | 30.5%22.0% | -9.7%-13.1% | 15.0%12.5% |
| 3 Year | 254.8%183.9% | -3.8%-12.8% | 49.1%39.4% |
| 5 Year | 47.0%-0.5% | -21.5%-32.7% | 62.8%44.7% |
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
2 days ago | Simply Wall St
Should CVR Energy, Inc. (NYSE:CVI) Be Part Of Your Dividend Portfolio?2 weeks ago | Simply Wall St
CVR Energy, Inc. (NYSE:CVI) Goes Ex-Dividend In 3 Days2 weeks ago | Simply Wall St
CVR Energy, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextValuation
Is CVR Energy undervalued compared to its fair value and its price relative to the market?
10.72x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CVI ($46.93) is trading above our estimate of fair value ($45.9)
Significantly Below Fair Value: CVI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CVI is poor value based on its PE Ratio (10.7x) compared to the Oil and Gas industry average (10.5x).
PE vs Market: CVI is good value based on its PE Ratio (10.7x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: CVI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CVI is overvalued based on its PB Ratio (3.3x) 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 2 analysts?
-5.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVI's earnings are forecast to decline over the next 3 years (-5.1% per year).
Earnings vs Market: CVI's earnings are forecast to decline over the next 3 years (-5.1% per year).
High Growth Earnings: CVI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CVI's revenue is expected to decline over the next 3 years (-3.2% per year).
High Growth Revenue: CVI's revenue is forecast to decline over the next 3 years (-3.2% 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 (19.4%).
Next Steps
Past Performance
How has CVR Energy performed over the past 5 years?
30.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVI has high quality earnings.
Growing Profit Margin: CVI's current net profit margins (6.7%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: CVI's earnings have grown significantly by 30.7% per year over the past 5 years.
Accelerating Growth: CVI's earnings growth over the past year (14%) is below its 5-year average (30.7% per year).
Earnings vs Industry: CVI earnings growth over the past year (14%) exceeded the Oil and Gas industry -6.6%.
Return on Equity
High ROE: CVI's Return on Equity (27.5%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CVR Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CVI's short term assets ($1.3B) exceeds its short term liabilities ($590.0M)
Long Term Liabilities: CVI's short term assets (1.3B) do not cover its long term liabilities (1.6B)
Debt to Equity History and Analysis
Debt Level: CVI's debt to equity ratio (62.9%) is considered high
Reducing Debt: CVI's debt to equity ratio has increased from 33.8% to 62.9% over the past 5 years.
Debt Coverage: CVI's debt is well covered by operating cash flow (68.8%).
Interest Coverage: CVI's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
Inventory Level: CVI has a high level of physical assets or inventory.
Debt Coverage by Assets: CVI's debt is covered by short term assets (assets are 1.2x debt).
Next Steps
Dividend
What is CVR Energy's current dividend yield, its reliability and sustainability?
6.82%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CVI's dividend (6.82%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: CVI's dividend (6.82%) is in the top 25% of dividend payers in the US market (3.67%)
Stability and Growth of Payments
Stable Dividend: CVI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CVI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.7%), CVI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CVI's dividends in 3 years are forecast to be covered by earnings (81.5% payout ratio).
Next Steps
Management
What is the CEO of CVR Energy's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Dave Lamp (61yo)
1.8yrs
Tenure
US$4,395,099
Compensation
Mr. David L. Lamp, also known as Dave, serves as the President, Chief Executive Officer and Director of CVR Energy Inc. Mr. Lamp has been President, Chief Executive Officer and Director of CVR Refining GP, ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.40M) is about average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
Management Age and Tenure
1.8yrs
Average Tenure
49yo
Average Age
Experienced Management: CVI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
2.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CVI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Insider Trading
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 been diluted in the past year, with total shares outstanding growing by 12.9%.
Management Team
Dave Lamp (61yo)
President
- Tenure: 1.8yrs
- Compensation: US$4.40m
Mark Pytosh (54yo)
Executive Vice President of Corporate Services
- Tenure: 1.8yrs
- Compensation: US$2.73m
Mike Puddy
Senior Vice President of Refined Products & Risk Management
- Tenure: 9.8yrs
Carl Findley
Director of Labor Relations & Manufacturing Human Resources
- Tenure: 7.1yrs
Melissa Buhrig (43yo)
Executive VP
- Tenure: 1.3yrs
- Compensation: US$2.74m
Jay Finks
Vice President of Finance & Treasurer
- Tenure: 0yrs
Tracy Jackson (49yo)
Executive VP & CFO
- Tenure: 1.5yrs
- Compensation: US$2.06m
Matt Bley (37yo)
Chief Accounting Officer & Corporate Controller
- Tenure: 1.5yrs
Board Members
Bob Alexander (85yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: US$51.00k
James Strock (63yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: US$52.00k
Dave Lamp (61yo)
President
- Tenure: 1.8yrs
- Compensation: US$4.40m
SungHwan Cho (45yo)
Chairman of the Board
- Tenure: 1.8yrs
Hunter Gary (44yo)
Director
- Tenure: 1.2yrs
Steve Mongillo (58yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: US$57.00k
Jonathan Frates (36yo)
Director
- Tenure: 3.7yrs
Patricia Agnello (62yo)
Director
- Tenure: 1.2yrs
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$4.718b
- 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 in Petroleum and Nitrogen Fertilizer se ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/12 00:07 |
| End of Day Share Price | 2019/11/11 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.