NYSE:CVI

Stock Analysis Report

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Market Cap

US$1.9b

Last Updated

2021/06/25 05:53 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


Snowflake Analysis

Slightly overvalued with worrying balance sheet.


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 is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CVI's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

9.8%

CVI

2.8%

US Oil and Gas

1.3%

US Market


1 Year Return

0%

CVI

48.8%

US Oil and Gas

42.4%

US Market

Return vs Industry: CVI underperformed the US Oil and Gas industry which returned 48.9% over the past year.

Return vs Market: CVI underperformed the US Market which returned 42.6% over the past year.


Shareholder returns

CVIIndustryMarket
7 Day9.8%2.8%1.3%
30 Day-12.8%8.6%2.8%
90 Day-8.2%11.6%7.2%
1 Year26.4%0%58.1%48.8%44.7%42.4%
3 Year-24.1%-48.5%-9.6%-22.2%64.6%54.4%
5 Year114.4%20.1%3.7%-16.7%126.8%101.3%

Long-Term 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

Valuation

Is CVR Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CVI ($19.15) is trading below our estimate of fair value ($62.06)

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 (2x) compared to the US Oil and Gas industry average (1.8x).


Future Growth

How is CVR Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

57.9%

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 (6.5% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: CVI's revenue (6.5% 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 (6.3%).


Past Performance

How has CVR Energy performed over the past 5 years?

-4.9%

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 4.9% 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 (-42.9%).


Return on Equity

High ROE: CVI has a negative Return on Equity (-23.54%), as it is currently unprofitable.


Financial Health

How is CVR Energy's financial position?


Financial Position Analysis

Short Term Liabilities: CVI's short term assets ($1.6B) exceed its short term liabilities ($995.0M).

Long Term Liabilities: CVI's short term assets ($1.6B) do not cover its long term liabilities ($2.0B).


Debt to Equity History and Analysis

Debt Level: CVI's debt to equity ratio (140.2%) is considered high.

Reducing Debt: CVI's debt to equity ratio has increased from 41.1% to 140.2% over the past 5 years.

Debt Coverage: CVI's debt is not well covered by operating cash flow (15%).

Interest Coverage: Insufficient data to determine if CVI's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is CVR Energy current dividend yield, its reliability and sustainability?

3.25%

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?

3.3yrs

Average management tenure


CEO

Dave Lamp (62 yo)

3.42yrs

Tenure

US$3,164,806

Compensation

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 ($USD3.16M) is about average for companies of similar size in the US market ($USD3.69M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CVI's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: CVI's board of directors are considered experienced (3.1 years average tenure).


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$1.914b
  • 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


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/25 05:53
End of Day Share Price2021/06/24 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.