Board Change • May 20
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Julia Voliva was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Tillkännagivande • Apr 22
CVR Energy, Inc., Annual General Meeting, Jun 04, 2026 CVR Energy, Inc., Annual General Meeting, Jun 04, 2026. Tillkännagivande • Apr 16
CVR Energy, Inc. to Report Q1, 2026 Results on Apr 29, 2026 CVR Energy, Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Tillkännagivande • Feb 05
CVR Energy, Inc. to Report Q4, 2025 Results on Feb 18, 2026 CVR Energy, Inc. announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Tillkännagivande • Jan 26
CVR Energy, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2025 CVR Energy, Inc. provided earnings guidance for the fourth quarter and full year ended December 31, 2025. for the quarter, the company expects Net loss of $110 million to $125 million and Net loss attributable to CVR Energy stockholders of $105 million to $120 million.
for the year, the company expects Net income of $81 million to $96 million and Net income attributable to CVR Energy stockholders of $17 million to $32 million. Tillkännagivande • Oct 30
CVR Energy, Inc. Provides Production Guidance for the Fourth Quarter of 2025 CVR Energy, Inc. provided production guidance for the fourth quarter of 2025. For the quarter, the company expects Petroleum Total throughput to be 200,000 bpd to 215,000 bpd, Renewables Total throughput to be 10 million gallons to 15 million gallons and Nitrogen Fertilizer Ammonia utilization rates Consolidated to be 80% to 85%. Tillkännagivande • Oct 16
CVR Energy, Inc. to Report Q3, 2025 Results on Oct 29, 2025 CVR Energy, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025 Tillkännagivande • Jul 17
CVR Energy, Inc. to Report Q2, 2025 Results on Jul 30, 2025 CVR Energy, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Tillkännagivande • Apr 29
CVR Energy Will Not Pay A Cash Dividend for the First Quarter of 2025 CVR Energy will not pay a cash dividend for the first quarter of 2025. Tillkännagivande • Apr 24
CVR Energy, Inc., Annual General Meeting, Jun 05, 2025 CVR Energy, Inc., Annual General Meeting, Jun 05, 2025. Tillkännagivande • Apr 15
CVR Energy, Inc. to Report Q1, 2025 Results on Apr 28, 2025 CVR Energy, Inc. announced that they will report Q1, 2025 results After-Market on Apr 28, 2025 Tillkännagivande • Feb 19
CVR Energy, Inc. Declares Dividend for Fourth Quarter 2024, Payable on March 10, 2025 CVR Energy, Inc. announced that the Board of Directors of its general partner declared a fourth quarter 2024 cash distribution of $1.75 per common unit, which will be paid on March 10, 2025, to common unitholders of record as of March 3, 2025. Tillkännagivande • Feb 04
CVR Energy, Inc. to Report Q4, 2024 Results on Feb 18, 2025 CVR Energy, Inc. announced that they will report Q4, 2024 results After-Market on Feb 18, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €17.57, the stock trades at a trailing P/E ratio of 27x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 51% over the past three years. New Risk • Oct 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 146% Dividend per share is over 43x cash flows per share. Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin). Reported Earnings • Oct 29
Third quarter 2024 earnings released: US$1.23 loss per share (vs US$3.51 profit in 3Q 2023) Third quarter 2024 results: US$1.23 loss per share (down from US$3.51 profit in 3Q 2023). Revenue: US$1.83b (down 27% from 3Q 2023). Net loss: US$124.0m (down 135% from profit in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 15
CVR Energy, Inc. to Report Q3, 2024 Results on Oct 28, 2024 CVR Energy, Inc. announced that they will report Q3, 2024 results After-Market on Oct 28, 2024 Declared Dividend • Aug 05
Second quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 12th August 2024 Payment date: 19th August 2024 Dividend yield will be 13%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 74% over the next 3 years. Since a fall of 59% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Jul 30
Second quarter 2024 earnings released: EPS: US$0.21 (vs US$1.29 in 2Q 2023) Second quarter 2024 results: EPS: US$0.21 (down from US$1.29 in 2Q 2023). Revenue: US$1.97b (down 12% from 2Q 2023). Net income: US$21.0m (down 84% from 2Q 2023). Profit margin: 1.1% (down from 5.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 36%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 16
CVR Energy, Inc. to Report Q2, 2024 Results on Jul 29, 2024 CVR Energy, Inc. announced that they will report Q2, 2024 results After-Market on Jul 29, 2024 Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mark Smith was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 18
CVR Energy, Inc. Announces Board Changes CVR Energy, Inc. announced on May 16, 2024, effective on that date, the Company’s Board of Directors (the “Board”) appointed Julia Heidenreich Voliva as a director of the Company. Ms. Heidenreich Voliva’s appointment to the Board follows the resignation of incumbent director James M. Strock, who is unable to serve as a director on the Board for personal reasons. In light of Mr. Strock’s resignation from the Board, he will not stand for election as a director at the Annual Meeting. The Board has nominated Ms. Heidenreich Voliva as a substitute Director Nominee for election at the Annual Meeting in place of Mr. Strock. The Board has nominated Ms. Heidenreich Voliva as a substitute Director Nominee in place of Mr. Strock. Ms. Heidenreich Voliva has indicated that she is willing and able to serve as a director on the Board. Following Mr. Strock’s resignation from the Board and from each of the Audit Committee, Governance Committee, EH&S Committee and Special Committee – Strategic, on May 16, 2024, the Board appointed Ms. Heidenreich Voliva to the Board’s Audit Committee and Special Committee - Strategic and as a member and Chairperson of the Governance Committee. As of that same date, Dustin DeMaria was appointed to the Board’s EH&S Committee and Mark J. Smith was appointed as such committee’s Chairperson. Julia Heidenreich Voliva Age: 47, Director since: 2024. Career Highlights: HF Sinclair Corporation, Vice President, Renewables (2017-2023) and Holly Frontier Corporation, Vice President, Investor Relations (2012-2017). Other Professional Experience and Community Involvement: Experience in financial statement analysis and earnings modeling; expertise in management roles in the renewable energy and banking industries; over ten years of experience in European institutional equity sales. Education: Tufts University, B.A. Following Mr. Strock’s resignation from the Board and from each of the Audit Committee, Governance Committee, EH&S Committee and Special Committee – Strategic, on May 16, 2024, the Board appointed Ms. Heidenreich Voliva to the Board’s Audit Committee and Special Committee - Strategic and as a member and Chairperson of the Governance Committee. As of that same date, Dustin DeMaria was appointed to the Board’s EH&S Committee and Mark J. Smith was appointed as such committee’s Chairperson. Audit Committee: Stephen Mongillo-Chairperson, Jaffrey A. Firestone- Member, Julia Heidenreich Voliva- Member. Compensation Committee: Dustin DeMaria-Chairperson Jaffrey A. Firestone- Member, Ted Papapostolou- Member. Governance Committee: Julia Heidenreich Voliva-Chairperson, Stephen Mongillo- Member, Ted Papapostolo- Member. EH&S Committee: Mark J. Smith-Chairperson, Dustin DeMaria- Member, Jaffrey A. Firestone- Member. Special Committee: David L. Lamp, Stephen Mongillo and Ted Papapostolou. Special Committee – Strategic: Mark J. Smith and Julia Heidenreich Voliva. Declared Dividend • May 06
First quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 10th May 2024 Payment date: 20th May 2024 Dividend yield will be 15%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 87% over the next 3 years. Since a fall of 66% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: US$0.82 (vs US$1.94 in 1Q 2023) First quarter 2024 results: EPS: US$0.82 (down from US$1.94 in 1Q 2023). Revenue: US$1.86b (down 19% from 1Q 2023). Net income: US$82.0m (down 58% from 1Q 2023). Profit margin: 4.4% (down from 8.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 30
CVR Energy Announces a Quarterly Cash Dividend, Payable on May 20, 2024 CVR Energy announced a first quarter 2024 cash dividend of 50 cents per share. The quarterly dividend, as declared by CVR Energy’s Board of Directors, will be paid on May 20, 2024, to stockholders of record as of May 13, 2024. Tillkännagivande • Apr 19
CVR Energy, Inc., Annual General Meeting, May 29, 2024 CVR Energy, Inc., Annual General Meeting, May 29, 2024, at 10:00 Central Daylight. Agenda: To elect the seven director nominees named in this Proxy Statement, each to serve a one-year term; to consider approve, on an advisory basis, company named executive officer compensation; to consider and ratify the appointment of company independent auditor for the 2024 fiscal year; and to transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof. Tillkännagivande • Apr 17
CVR Energy, Inc. to Report Q1, 2024 Results on Apr 29, 2024 CVR Energy, Inc. announced that they will report Q1, 2024 results After-Market on Apr 29, 2024 Declared Dividend • Feb 26
Fourth quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 1st March 2024 Payment date: 11th March 2024 Dividend yield will be 14%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 86% over the next 3 years. Since a fall of 71% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: US$7.65 (vs US$4.61 in FY 2022) Full year 2023 results: EPS: US$7.65 (up from US$4.61 in FY 2022). Revenue: US$9.25b (down 15% from FY 2022). Net income: US$769.0m (up 66% from FY 2022). Profit margin: 8.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 6.5% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 21
CVR Energy Announces a Fourth Quarter 2023 Cash Dividend, Payable on March 11, 2024 CVR Energy announced a fourth quarter 2023 cash dividend of 50 cents per share. The quarterly dividend, as declared by CVR Energy’s Board of Directors, will be paid on March 11, 2024, to stockholders of record as of March 4, 2024. Tillkännagivande • Feb 08
CVR Energy, Inc. to Report Q4, 2023 Results on Feb 20, 2024 CVR Energy, Inc. announced that they will report Q4, 2023 results After-Market on Feb 20, 2024 Tillkännagivande • Nov 01
CVR Energy, Inc. Provides Production Guidance for the Fourth Quarter 2023 CVR Energy, Inc. provided production guidance for the fourth quarter 2023. For the quarter, the company expected Petroleum total throughput to be in the range of 205,000 bpd to 220,000 bpd. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$3.51 (vs US$0.93 in 3Q 2022) Third quarter 2023 results: EPS: US$3.51 (up from US$0.93 in 3Q 2022). Revenue: US$2.52b (down 6.6% from 3Q 2022). Net income: US$353.0m (up 280% from 3Q 2022). Profit margin: 14% (up from 3.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 7.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 18
CVR Energy, Inc. to Report Q3, 2023 Results on Oct 30, 2023 CVR Energy, Inc. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023 Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: US$1.29 (vs US$1.64 in 2Q 2022) Second quarter 2023 results: EPS: US$1.29 (down from US$1.64 in 2Q 2022). Revenue: US$2.24b (down 29% from 2Q 2022). Net income: US$130.0m (down 21% from 2Q 2022). Profit margin: 5.8% (up from 5.2% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 60% per year for the foreseeable future. Minor Risks High level of debt (101% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €25.64, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 94% over the past three years. Buying Opportunity • May 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be €27.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 85%. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 64% in the next 2 years. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$1.94 (vs US$0.94 in 1Q 2022) First quarter 2023 results: EPS: US$1.94 (up from US$0.94 in 1Q 2022). Revenue: US$2.29b (down 3.7% from 1Q 2022). Net income: US$195.0m (up 107% from 1Q 2022). Profit margin: 8.5% (up from 4.0% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 9.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 26
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be €30.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings is also forecast to decline by 53% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €26.70, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.14 per share. Buying Opportunity • Mar 09
Now 23% undervalued Over the last 90 days, the stock is up 5.9%. The fair value is estimated to be €39.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to decline by 23% in 2 years. Earnings is forecast to decline by 34% in the next 2 years. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: US$4.61 (vs US$0.25 in FY 2021) Full year 2022 results: EPS: US$4.61 (up from US$0.25 in FY 2021). Revenue: US$10.9b (up 51% from FY 2021). Net income: US$463.0m (up US$438.0m from FY 2021). Profit margin: 4.2% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 18% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 09
CVR Energy, Inc. to Report Q4, 2022 Results on Feb 21, 2023 CVR Energy, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 21, 2023 Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €29.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 7.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.87 per share. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$0.93 (vs US$0.84 in 3Q 2021) Third quarter 2022 results: EPS: US$0.93 (up from US$0.84 in 3Q 2021). Revenue: US$2.70b (up 43% from 3Q 2021). Net income: US$93.0m (up 11% from 3Q 2021). Profit margin: 3.4% (down from 4.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 10% p.a. on average during the next 3 years compared to a 4.5% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year. Tillkännagivande • Oct 19
CVR Energy, Inc. to Report Q3, 2022 Results on Oct 31, 2022 CVR Energy, Inc. announced that they will report Q3, 2022 results After-Market on Oct 31, 2022 Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 17% share price gain to €34.33, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.51 per share. Buying Opportunity • Sep 15
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €40.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.2% in 2 years. Earnings is forecast to decline by 32% in the next 2 years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 16% share price gain to €36.87, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.79 per share. Reported Earnings • Aug 02
Second quarter 2022 earnings released: EPS: US$1.64 (vs US$0.06 loss in 2Q 2021) Second quarter 2022 results: EPS: US$1.64 (up from US$0.06 loss in 2Q 2021). Revenue: US$3.14b (up 76% from 2Q 2021). Net income: US$165.0m (up US$171.0m from 2Q 2021). Profit margin: 5.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 4.0% compared to a 43% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 20
CVR Energy, Inc. to Report Q2, 2022 Results on Aug 01, 2022 CVR Energy, Inc. announced that they will report Q2, 2022 results After-Market on Aug 01, 2022 Tillkännagivande • Jun 30
CVR Energy, Inc. Announces Resignation of Kapiljeet Dargan as Member of the Board of Directors On June 23, 2022, Kapiljeet Dargan notified CVR Energy, Inc. (the “Company”) of his resignation from service as a member of the Board of Directors (the “Board”) of the Company and the committees of the Board on which he served, including the Compensation Committee and the Environmental, Health & Safety Committee (the “EHS Committee” and collectively with the Compensation Committee, the “Committees”), effective immediately. The resignation of Mr. Dargan from the Board and the Committees was for personal reasons and not the result of any disagreements with the Company or any of its directors, officers, or employees. Tillkännagivande • Jun 26
CVR Energy, Inc.(NYSE:CVI) dropped from Russell 2000 Value Index CVR Energy, Inc.(NYSE:CVI) dropped from Russell 2000 Value Index Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 18% share price gain to €38.96, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.96 per share. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 21% share price gain to €29.18, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 9.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.04 per share. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$0.94 (vs US$0.39 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.94 (up from US$0.39 loss in 1Q 2021). Revenue: US$2.37b (up 62% from 1Q 2021). Net income: US$94.0m (up US$133.0m from 1Q 2021). Profit margin: 4.0% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 4.1% compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 03
CVR Energy, Inc. Announces Cash Dividend for the First Quarter 2022, Payable on May 23, 2022 CVR Energy, Inc. announced a first quarter 2022 cash dividend of 40 cents per share. The dividend, as declared by CVR Energy’s Board of Directors, will be paid on May 23, 2022, to stockholders of record as of May 13, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jay Firestone was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 21
CVR Energy, Inc., Annual General Meeting, Jun 02, 2022 CVR Energy, Inc., Annual General Meeting, Jun 02, 2022, at 10:00 Central Standard Time. Agenda: To elect seven directors named in the proxy statement; to consider an advisory vote on named executive officer compensation ("say-on-pay"); to ratify the appointment of auditors; and to consider other matters. Tillkännagivande • Apr 20
CVR Energy, Inc. to Report Q1, 2022 Results on May 02, 2022 CVR Energy, Inc. announced that they will report Q1, 2022 results After-Market on May 02, 2022 Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.25 (up from US$2.55 loss in FY 2020). Revenue: US$7.24b (up 84% from FY 2020). Net income: US$25.0m (up US$281.0m from FY 2020). Profit margin: 0.3% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 6.1%. Over the next year, revenue is forecast to stay flat compared to a 80% growth forecast for the oil industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.25 (up from US$2.55 loss in FY 2020). Revenue: US$7.24b (up 84% from FY 2020). Net income: US$25.0m (up US$281.0m from FY 2020). Profit margin: 0.3% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 6.1%. Over the next year, revenue is forecast to stay flat compared to a 80% growth forecast for the oil industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 09
CVR Energy, Inc. to Report Q4, 2021 Results on Feb 22, 2022 CVR Energy, Inc. announced that they will report Q4, 2021 results Pre-Market on Feb 22, 2022 Tillkännagivande • Feb 02
Cvr Energy, Inc. Announces Appointment of Michael H. Wright as Executive Vice President and Chief Operating Officer CVR Energy, Inc. announced on January 26, 2022, the Board of Directors of Company appointed Michael H. Wright, Jr., 52, to serve as Executive Vice President and Chief Operating Officer of the Company, effective immediately. Mr. Wright joined the Company as Project Manager of certain of the Company’s subsidiaries in July 2019 and was promoted to Vice President – Capital Projects in December 2019. Prior to joining the Company, Mr. Wright served as Senior Consultant –Refining for Solomon Associates, an energy industry consulting firm from September 2018 to July 2019, and in several senior roles with HollyFrontier Corporation from 2005 to February 2018, a publicly traded independent petroleum refiner, including Vice President – Crude Supply from April 2015 to February 2018. Mr. Wright obtained a Bachelor of Science in Mechanical Engineering and a Master of Business Administration, both from the University of Utah. Reported Earnings • Nov 02
Third quarter 2021 earnings released: EPS US$0.84 (vs US$0.95 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.88b (up 87% from 3Q 2020). Net income: US$84.0m (up US$180.0m from 3Q 2020). Profit margin: 4.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Executive Departure • Aug 17
Executive VP, CFO & Principal Accounting Officer Tracy Jackson has left the company On the 9th of August, Tracy Jackson's tenure as Executive VP, CFO & Principal Accounting Officer ended after 3.3 years in the role. We don't have any record of a personal shareholding under Tracy's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.58 years. Reported Earnings • Aug 03
Second quarter 2021 earnings released: US$0.06 loss per share (vs US$0.05 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$1.78b (up 164% from 2Q 2020). Net loss: US$6.00m (loss widened 20% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 29
Chief Accounting Officer & Corporate Controller Matthew Bley has left the company On the 23rd of July, Matthew Bley's tenure as Chief Accounting Officer & Corporate Controller ended after 3.2 years in the role. We don't have any record of a personal shareholding under Matthew's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years. Executive Departure • Jul 28
Chief Accounting Officer & Corporate Controller Matthew Bley has left the company On the 23rd of July, Matthew Bley's tenure as Chief Accounting Officer & Corporate Controller ended after 3.2 years in the role. We don't have any record of a personal shareholding under Matthew's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years. 