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Last $21.56 USD
Change Today -0.1353 / -0.62%
Volume 371.6K
As of 1:47 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

cvr refining lp (CVRR) Snapshot

Open
$21.78
Previous Close
$21.70
Day High
$22.00
Day Low
$21.52
52 Week High
05/6/14 - $28.55
52 Week Low
01/14/15 - $13.37
Market Cap
3.2B
Average Volume 10 Days
379.0K
EPS TTM
$0.88
Shares Outstanding
147.6M
EX-Date
05/7/15
P/E TM
24.6x
Dividend
$3.04
Dividend Yield
13.19%
Current Stock Chart for CVR REFINING LP (CVRR)

cvr refining lp (CVRR) Related Businessweek News

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cvr refining lp (CVRR) Details

CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. The company also controls and operates logistics assets, including approximately 336 miles of owned and leased pipelines; approximately 150 owned crude oil transports; a network of crude oil gathering tank farms; and approximately 6.0 million barrels of owned and leased crude oil storage capacity, as well as approximately 4.5 million barrels of combined refinery related storage capacity. In addition, it owns 170,000 barrels per day pipeline system that transports crude oil from its Broome Station facility to its Coffeyville refinery; approximately 1.4 million barrels of crude oil storage capacity, which supports the gathering system and its Coffeyville refinery; approximately 0.9 million barrels of crude oil storage capacity at its Wynnewood refinery; and approximately 1.0 million barrels of crude oil storage capacity in Cushing, Oklahoma, as well as leases crude oil storage capacity of approximately 2.8 million barrels in Cushing, and approximately 0.1 million barrels at its Wynnewood refinery. CVR Refining GP, LLC operates as the general partner of CVR Refining, LP. The company was founded in 2012 and is based in Sugar Land, Texas.

982 Employees
Last Reported Date: 02/20/15
Founded in 2012

cvr refining lp (CVRR) Top Compensated Officers

Chief Executive Officer of CVR Refining GP LL...
Total Annual Compensation: $1.0M
Chief Financial Officer of CVR Refining GP LL...
Total Annual Compensation: $390.0K
Executive Vice President of Refining Operatio...
Total Annual Compensation: $325.0K
Senior Vice President of Economics & Planning...
Total Annual Compensation: $245.0K
Chief Commercial Officer of CVR Refining GP L...
Total Annual Compensation: $27.6K
Compensation as of Fiscal Year 2014.

cvr refining lp (CVRR) Key Developments

CVR Refining Declares Dividend for the First Quarter Ending March 31, 2015, Payable on May 18, 2015

CVR Refining announced distribution of 76 cents per common unit for the first quarter ending March 31, 2015. The distribution, as set by the board of the company will be paid on May 18, 2015, to unit holders of record on May 11, 2015.

CVR Refining, LP Announces Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Operating and Capital Expenditure Guidance for the Second Quarter of Fiscal 2015

CVR Refining, LP announced unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company announced net sales of $1,304.4 million compared to $2,375.3 million for the same period a year ago. Operating income was $109.2 million compared to $164.6 million for the same period a year ago. Income before income tax expense was $46.7 million compared to $265.4 million for the same period a year ago. Net income was $46.7 million compared to $265.4 million for the same period a year ago. Net income per common unit, basic and diluted was $0.32 compared to $1.80 for the same period a year ago. EBITDA was $91.9 million compared to $303.5 million for the same period a year ago. Adjusted EBITDA was $161.7 million compared to $194.1 million for the same period a year ago. Net cash flow provided by operating activities was $148.5 million compared to $258.2 million for the same period a year ago. Capital expenditures for property, plant and equipment was $41.7 million compared to $57.9 million for the same period a year ago. Net cash flow was $51.9 million compared to $133.6 million a year ago. For the quarter, the company announced barrels sold of 217,686 barrels per day compared to 217,186 barrels per day for the same period a year ago. Total throughput was 215,023 bpd compared to 214,056 bpd for the same period a year ago. Total refining production (excluding internally produced fuel) was 217,389 bpd compared to 215,446 bpd for the same period a year ago. The company provided operating guidance for the second quarter of fiscal 2015. The company anticipated total crude throughput of 195,000 bpd to 205,000 bpd. The company anticipated total refining production of 210,000 bpd to 220,000 bpd. For the year 2015, the company expects total capital spending to be approximately $265 million to $300 million, of which $150 million to $170 million is estimated to be environmental and maintenance capital, with the remainder of $115 million to $130 million being profit and growth capital, which is primarily associated with the hydrogen plant project at the company's Coffeyville refinery.

CVR Refining Seeks Acquisitions

Jack Lipinski, Chief Executive Officer and President of CVR Refining, LP (NYSE:CVRR) announced that the company is seeking to acquire logistics assets.

 

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CVRR Competitors

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Company Last Change
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Northern Tier Energy LP $26.01 USD -0.49
Tallgrass Energy Partners LP $49.80 USD -0.30
Valero Energy Partners LP $50.56 USD -0.44
Western Refining Logistics LP $30.27 USD -0.72
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Industry Analysis

CVRR

Industry Average

Valuation CVRR Industry Range
Price/Earnings 23.5x
Price/Sales 0.4x
Price/Book 2.3x
Price/Cash Flow 12.3x
TEV/Sales 0.3x
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