CVR Energy Inc. found using ticker (CVI) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 25 and 17 calculating the average target price we see 20.5. Now with the previous closing price of 20.78 this indicates there is a potential downside of -1.3%. The 50 day moving average now sits at 19.05 and the 200 moving average now moves to 17.67. The company has a market capitalisation of $2,063m. Find out more information at: https://www.cvrenergy.com
The potential market cap would be $2,035m based on the market concensus.
CVR Energy, 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 urea ammonium nitrate (UAN). It primarily markets UAN products to agricultural customers; and ammonia products to agricultural and industrial customers. CVR Energy was founded in 1906 and is headquartered in Sugar Land, Texas. CVR Energy is a subsidiary of Icahn Enterprises L.P.
