CVR Refining
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3 Refinery Reports You Shouldn't Miss
By Austin Higgins - May 13, 2013 | Tickers: CVI, CVRR, PBF
The oil industry has been booming recently. When crude oil starts flowing, the first place it goes to is the refinery. Refineries are often excellent investment opportunities during growing energy economies. Three refineries posted earnings for the first quarter. Here is what it means for investors.
CVR Energy (NYSE: CVI) has two main segments in its business: petroleum refining and nitrogen fertilizer manufacturing. Its refining business engages in refining and more »
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Buy These Refiners on the Dip
By Joseph Solitro - April 6, 2013 | Tickers: CVRR, VLO, WNR
Refiners witnessed a steep decline last week. The drop was caused by the Environmental Protection Agency's proposal of new pollution standards for gasoline. I do not believe the new standards will be accepted due to the costs being much higher than the benefits, resulting in the refiners returning to previous levels.
The proposal
The proposed standards would require refiners to reduce the amount of sulfur in gasoline to 10 more »
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Buy These Refiners on the Dip
By Joseph Solitro - April 3, 2013 | Tickers: CVRR, VLO, WNR
Refiners have seen a steep decline over the last 2 trading days. The drop has been caused by the Environmental Protection Agency's proposal of new pollution standards for gasoline. I do not believe the new standards will be accepted due to the costs being much higher than the benefits, resulting in the refiners returning to previous levels.
The proposal
The proposed standards would require refiners to reduce the amount more »
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Is CVR Energy Overvalued?
By Nikita Dugar - April 2, 2013 | Tickers: CVI, CVRR, NTI
In 2012, legendary investor Carl Icahn bought more than an 80% stake in CVR Energy (NYSE: CVI) because he wanted to take the company private. Due to lack of potential buyers, however, he cancelled his plans. Since then, there's been no looking back for CVR, as shares have doubled in the last eight months.
In January, CVR announced special-shareholder dividends worth approximately $480 million. About that time, and in more »
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The Best Company to Own Right Now
By Joseph Solitro - March 15, 2013 | Tickers: CVI, CVRR, IEP
It is very rare to find a company with high growth and a high dividend. One company that recently went public has both of these traits. After releasing its first earnings report, it is clear that this is a stock everyone should own.
Overview of the Company
CVR Refining (NYSE: CVRR), as their name clearly states, is a petroleum refiner in the United States. They make money by buying crude more »
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2 Stocks You Should Invest In From Icahn's Wins
By Madhu Dube - February 14, 2013 | Tickers: CHK, CVI, CVRR, HLF, NFLX
For now, it seems Bill Ackman is getting the better of fellow activist investor Carl Icahn. After the recent smackdown on CNBC between both billionaire investors over Herbalife (NYSE: HLF), the stock observed a decline of ~20% in the last 20 days. I think the “zero target” that Ackman presented initially is impossible unless the government intervenes and shuts this company down. Icahn, on the other hand, won’t confirm more »
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MLPs and Shareholder Activism: Is That Beneficial to Investors?
By Shas Dey - January 30, 2013 | Tickers: CVI, UAN, CVRR
An activist shareholder acquires an equity stake in a company for the sole purpose of putting pressure on its management, in order to achieve a diverse range of goals from unlocking shareholder value through changes in corporate policy, financing structure, to adoption of environmentally friendly policies, etc. The fascination for shareholder activism lies in its relatively low cost compared to a full takeover bid, which is both costly and difficult more »
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Hedge Funds Have Bought TiVo and More
By Meena Krishnamsetty - January 24, 2013 | Tickers: CVRR, RTEC, CKH, TIVO
While we wait for 13F filings to reveal a more complete picture of what hedge funds and other notable investors owned at the beginning of 2013 (very few of these filings have been released early), we can still get a picture of what fund managers are doing with 13D and 13G filings. These documents disclose when an institutional investor owns over 5% of the outstanding shares of a company, or more »