CVR Energy Inc. with ticker code (CVI) have now 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 36 and 32 calculating the average target price we see $34.33. Given that the stocks previous close was at $30.53 this would imply there is now a potential upside of 12.4%. The 50 day moving average now sits at $32.26 while the 200 day moving average is $33.55. The market capitalization for the company is $3,121m. Find out more information at: https://www.cvrenergy.com
The potential market cap would be $3,509m based on the market consensus.
CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and markets gasoline, diesel fuel, and other refined products. It also 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. The company was founded in 1906 and is based in Sugar Land, Texas. CVR Energy, Inc. is a subsidiary of Icahn Enterprises L.P.
The company has a dividend yield of 6.72% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.75, revenue per share of 108.42 and a 15.17% return on assets.
