CVR Energy Inc. found using ticker (CVI) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 25 and 17 and has a mean target at 20.5. With the stocks previous close at 20.85 this would imply there is a potential downside of -1.7%. The 50 day moving average now sits at 18.05 while the 200 day moving average is 17.65. The market cap for the company is $2,126m. Visit the company website at: https://www.cvrenergy.com
The potential market cap would be $2,091m 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.
