CVR Energy, Inc., through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States.
CVR Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.63|
|52 Week High||US$9.81|
|52 Week Low||US$27.02|
|1 Month Change||9.53%|
|3 Month Change||-14.92%|
|1 Year Change||24.84%|
|3 Year Change||-61.14%|
|5 Year Change||13.51%|
|Change since IPO||-22.82%|
Recent News & Updates
CVR Energy: Waiting On The EPA For More Dividends
Following CVR Energy paying their massive special dividend, it was hoped that they would reinstate regular quarterly dividends, but alas this has not eventuated. The primary reason stems from uncertainty regarding upcoming EPA policies that mandate the ethanol blending requirements, which has pushed the prices of RINs through the roof. If nothing changes, RINs are expected to run out in the coming years, and thus, it seems reasonable to expect policy changes and relief for small refiners to be forthcoming. Despite pushing their leverage into the very high territory after paying their massive special dividend, their financial position remains healthy thanks to their strong liquidity. This means that they can afford to continue waiting for the EPA policies to change, and thus, I am still maintaining my bullish rating.
Forecast: Analysts Think CVR Energy, Inc.'s (NYSE:CVI) Business Prospects Have Improved Drastically
Celebrations may be in order for CVR Energy, Inc. ( NYSE:CVI ) shareholders, with the analysts delivering a significant...
|CVI||US Oil and Gas||US Market|
Return vs Industry: CVI underperformed the US Oil and Gas industry which returned 72.7% over the past year.
Return vs Market: CVI underperformed the US Market which returned 35.3% over the past year.
Stable Share Price: CVI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CVI's weekly volatility (8%) has been stable over the past year.
About the Company
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 Nitrogen Fertilizer. The Petroleum segment refines and markets gasoline, diesel fuel, and other refined products.
CVR Energy Fundamentals Summary
|CVI fundamental statistics|
Is CVI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CVI income statement (TTM)|
|Cost of Revenue||US$5.29b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-2.08|
|Net Profit Margin||-3.89%|
How did CVI perform over the long term?See historical performance and comparison
Is CVR Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVI ($15.63) is trading below our estimate of fair value ($55.49)
Significantly Below Fair Value: CVI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CVI is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: CVI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CVI's PEG Ratio to determine if it is good value.
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 (1.9x).
How is CVR Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CVI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CVI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CVI's revenue (3.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: CVI's revenue (3.3% 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 (8.3%).
How has CVR Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVI is currently unprofitable.
Growing Profit Margin: CVI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CVI is unprofitable, and losses have increased over the past 5 years at a rate of 14.7% per year.
Accelerating Growth: Unable to compare CVI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVI is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.4%).
Return on Equity
High ROE: CVI has a negative Return on Equity (-36.42%), as it is currently unprofitable.
How is CVR Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CVI's short term assets ($1.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: CVI's short term assets ($1.2B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: CVI's debt to equity ratio (244%) is considered high.
Reducing Debt: CVI's debt to equity ratio has increased from 61.8% to 244% over the past 5 years.
Debt Coverage: CVI's debt is well covered by operating cash flow (23.4%).
Interest Coverage: Insufficient data to determine if CVI's interest payments on its debt are well covered by EBIT.
What is CVR Energy current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CVI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CVI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Lamp (63 yo)
Mr. David L. Lamp, also known as Dave, is an Executive Chairman of CVR Partners, LP at CVR GP LLC since January 2018 and serves as its Chairman since 2018. He serves as Director of CVR Partners, LP at CVR...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD3.16M) is about average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Experienced Management: CVI's management team is considered experienced (3.4 years average tenure).
Experienced Board: CVI's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CVR Energy, Inc.'s employee growth, exchange listings and data sources
- Name: CVR Energy, Inc.
- Ticker: CVI
- Exchange: NYSE
- Founded: 1906
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: US$1.571b
- Shares outstanding: 100.53m
- Website: https://www.cvrenergy.com
Number of Employees
- CVR Energy, Inc.
- 2277 Plaza Drive
- Suite 500
- Sugar Land
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:06|
|End of Day Share Price||2021/09/24 00:00|
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.