Media stories about CVR Refining (NYSE:CVRR) have been trending positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CVR Refining earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 45.2308436303971 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
CVRR has been the subject of a number of analyst reports. Goldman Sachs Group raised CVR Refining from a “neutral” rating to a “buy” rating in a research report on Monday, May 7th. ValuEngine raised CVR Refining from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Zacks Investment Research raised CVR Refining from a “strong sell” rating to a “hold” rating and set a $18.00 price target for the company in a research report on Tuesday, April 17th. Credit Suisse Group initiated coverage on CVR Refining in a research report on Monday, April 9th. They issued a “neutral” rating and a $14.00 price target for the company. Finally, Tudor Pickering raised CVR Refining from a “hold” rating to a “buy” rating in a research report on Friday, May 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. CVR Refining currently has a consensus rating of “Buy” and an average target price of $17.70.
Shares of CVR Refining traded down $0.10, hitting $22.80, during trading hours on Thursday, Marketbeat Ratings reports. 651,269 shares of the company’s stock traded hands, compared to its average volume of 719,720. CVR Refining has a 12-month low of $6.70 and a 12-month high of $26.00. The firm has a market cap of $3.54 billion, a PE ratio of 38.00 and a beta of 1.41. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.74 and a quick ratio of 0.88.
CVR Refining (NYSE:CVRR) last announced its earnings results on Thursday, April 26th. The oil and gas company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.19. CVR Refining had a return on equity of 8.19% and a net margin of 2.96%. The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the firm posted $0.45 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. equities analysts anticipate that CVR Refining will post 2.13 EPS for the current fiscal year.
CVR Refining Company Profile
CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. The company owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas; and a complex crude oil refinery in Wynnewood, Oklahoma. It also controls and operates logistics assets, including approximately 570 miles of owned and leased pipelines; approximately 130 crude oil transports; a network of crude oil gathering tank farms; and approximately 6.4 million barrels of owned and leased crude oil storage capacity, as well as approximately 4.6 million barrels of combined refined products and feedstocks storage capacity.
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