CVR Energy (CVI) Upgraded at TheStreet

TheStreet upgraded shares of CVR Energy (NYSE:CVI) from a c+ rating to a b- rating in a research report released on Tuesday.

Separately, ValuEngine cut shares of CVR Energy from a strong-buy rating to a buy rating in a research report on Thursday, October 5th.

Shares of CVR Energy (CVI) traded up $0.17 during trading on Tuesday, hitting $37.59. 416,181 shares of the company traded hands, compared to its average volume of 448,277. The company has a current ratio of 2.24, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72. CVR Energy has a one year low of $16.75 and a one year high of $39.70. The company has a market capitalization of $3,260.00, a PE ratio of 79.98 and a beta of 1.84.

CVR Energy (NYSE:CVI) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.08. The business had revenue of $1.45 billion for the quarter. CVR Energy had a net margin of 0.71% and a return on equity of 3.37%.

Institutional investors and hedge funds have recently modified their holdings of the business. Quantbot Technologies LP bought a new stake in CVR Energy during the third quarter valued at $111,000. Advisor Group Inc. boosted its position in CVR Energy by 27.6% during the second quarter. Advisor Group Inc. now owns 4,685 shares of the oil and gas company’s stock valued at $102,000 after acquiring an additional 1,013 shares during the last quarter. FNY Managed Accounts LLC bought a new stake in CVR Energy during the third quarter valued at $164,000. Macquarie Group Ltd. bought a new stake in CVR Energy during the third quarter valued at $202,000. Finally, Jane Street Group LLC boosted its position in CVR Energy by 191.9% during the third quarter. Jane Street Group LLC now owns 9,189 shares of the oil and gas company’s stock valued at $238,000 after acquiring an additional 19,189 shares during the last quarter.

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CVR Energy Company Profile

CVR Energy, Inc (CVR Energy) is a holding company. The Company is engaged in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership).

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