NYSE:CVI

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Executive Summary

CVR Energy, Inc., through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States.


Snowflake Analysis

Good value with moderate growth potential.


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

3.4%

CVI

-5.2%

US Oil and Gas

-0.7%

US Market


1 Year Return

-65.2%

CVI

-43.3%

US Oil and Gas

5.3%

US Market

Return vs Industry: CVI underperformed the US Oil and Gas industry which returned -43.3% over the past year.

Return vs Market: CVI underperformed the US Market which returned 5.3% over the past year.


Shareholder returns

CVIIndustryMarket
7 Day3.4%-5.2%-0.7%
30 Day-9.3%-10.3%4.6%
90 Day7.7%5.2%14.0%
1 Year-62.3%-65.2%-40.7%-43.3%7.6%5.3%
3 Year5.0%-16.3%-35.8%-42.6%34.9%26.1%
5 Year-27.4%-52.0%-37.8%-48.0%62.3%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

Valuation

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

48.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CVI ($18.64) is trading below our estimate of fair value ($35.92)

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 (9.8x) compared to the US Oil and Gas industry average (7.7x).

PE vs Market: CVI is good value based on its PE Ratio (9.8x) compared to the US market (16.1x).


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 (1.5x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

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

24.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVI's forecast earnings growth (24.9% per year) is above the savings rate (2.2%).

Earnings vs Market: CVI's earnings (24.9% per year) are forecast to grow faster than the US market (22.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CVI's revenue (7.3% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: CVI's revenue (7.3% 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 (12.2%).


Next Steps

Past Performance

How has CVR Energy performed over the past 5 years?

33.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CVI has high quality earnings.

Growing Profit Margin: CVI's current net profit margins (3.2%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: CVI's earnings have grown significantly by 33.7% 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 (-36.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-21.6%).


Return on Equity

High ROE: CVI's Return on Equity (10.7%) 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 ($1.4B) exceed its short term liabilities ($504.0M).

Long Term Liabilities: CVI's short term assets ($1.4B) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: CVI's debt to equity ratio (109.5%) is considered high.

Reducing Debt: CVI's debt to equity ratio has increased from 37.1% to 109.5% over the past 5 years.

Debt Coverage: CVI's debt is well covered by operating cash flow (28.3%).

Interest Coverage: CVI's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Next Steps

Dividend

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

17.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CVI's dividend (17.17%) is higher than the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: CVI's dividend (17.17%) is in the top 25% of dividend payers in the US market (4.59%)


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 high payout ratio (143.9%), CVI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CVI's dividends in 3 years are not forecast to be well covered by earnings (147.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Dave Lamp (62yo)

2.5yrs

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 ($USD4.29M) is about average for companies of similar size in the US market ($USD4.72M).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Lamp
President2.5yrsUS$4.29mno data
Tracy Jackson
Executive VP & CFO2.17yrsUS$1.84mno data
Melissa Buhrig
Executive VP2yrsUS$2.20mno data
Mark Pytosh
Executive Vice President of Corporate Services2.5yrsUS$2.95mno data
David Landreth
Executive VP & Chief Commercial Officer2.5yrsUS$2.11m0.0069% $129.9k
Matthew Bley
Chief Accounting Officer & Corporate Controller2.17yrsno datano data
Carl Findley
Director of Labor Relations & Manufacturing Human Resources7.75yrsno datano data
Mike Puddy
Senior Vice President of Refined Products & Risk Management10.5yrsno datano data
Jay Finks
Vice President of Finance & Treasurerno datano datano data

2.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: CVI's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Lamp
President2.5yrsUS$4.29mno data
James Strock
Independent Director8.17yrsUS$54.94kno data
SungHwan Cho
Chairman of the Board2.5yrsno datano data
Hunter Gary
Director1.83yrsno datano data
Stephen Mongillo
Independent Director8.17yrsUS$57.00kno data
Jonathan Frates
Director4.33yrsno datano data
Patricia Agnello
Director1.83yrsno datano data
Jaffrey Firestone
Independent Director0.25yrno datano data

2.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: CVI's board of directors are not considered experienced ( 2.5 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$1.874b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FL9DB (Deutsche Boerse AG)YesCommon StockDEEUROct 2007
CVINYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2007
0HRRLSE (London Stock Exchange)YesCommon StockGBUSDOct 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 Nitrogen Fertilizer. The Petroleum segment refines and markets gasoline, diesel fuel, and other refined products. It owns and operates a coking medium-sour crude oil refinery in southeast Kansas; and a crude oil refinery in Wynnewood, Oklahoma, as well as supporting logistics assets. This segment primarily serves retailers, railroads, farm co-operatives, and other refiners/marketers. The Nitrogen Fertilizer segment owns and operates a nitrogen fertilizer plant in North America that utilizes a pet coke gasification process to produce nitrogen fertilizer products; and a nitrogen fertilizer facility in East Dubuque, Illinois that produces nitrogen fertilizers in the form of ammonia and UAN. It primarily markets UAN products to agricultural customers; and ammonia products to agricultural and industrial customers. CVR Energy, Inc. was founded in 1906 and is based in Sugar Land, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 23:54
End of Day Share Price2020/07/14 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.