CVR Energy Inc. with ticker code (CVI) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 38 and 32 with the average target price sitting at 35. Now with the previous closing price of 33.26 this indicates there is a potential upside of 5.2%. The day 50 moving average is 31.9 and the 200 day MA is 33.65. The market cap for the company is $3,219m. Company Website: https://www.cvrenergy.com
The potential market cap would be $3,387m based on the market concensus.
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 headquartered in Sugar Land, Texas. CVR Energy, Inc. is a subsidiary of Icahn Enterprises L.P.
