Somewhat Positive News Coverage Somewhat Unlikely to Affect CVR Energy (CVI) Share Price
Media coverage about CVR Energy (NYSE:CVI) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CVR Energy earned a news impact score of 0.21 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 47.4781708685907 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several research firms have recently commented on CVI. ValuEngine cut CVR Energy from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 5th. BidaskClub raised CVR Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th.
CVR Energy (NYSE CVI) traded up $0.56 during midday trading on Tuesday, hitting $31.92. The stock had a trading volume of 305,706 shares, compared to its average volume of 647,317. The firm has a market cap of $2,770.00, a PE ratio of 48.83 and a beta of 1.73. CVR Energy has a one year low of $16.04 and a one year high of $32.42. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.24 and a quick ratio of 1.69.
CVR Energy (NYSE:CVI) last posted its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.08. CVR Energy had a return on equity of 3.37% and a net margin of 0.71%. The business had revenue of $1.45 billion for the quarter.
The business also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 10th were given a $0.50 dividend. The ex-dividend date was Thursday, November 9th. This represents a $2.00 annualized dividend and a dividend yield of 6.27%. CVR Energy’s dividend payout ratio is currently 425.53%.
About CVR Energy
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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