CVR Energy, Inc. Aktie News

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CVR Energy, Inc. (NYSE:CVI ) Q1 2024 Earnings Conference Call April 30, 2024 1:00 PM ET Company Participants Richard Roberts - VP, Financial Planning and Analysis, and IR David Lamp - CEO Dane Neumann - CFO Conference Call Participants Manav Gupta - UBS Matthew Blair - Tudor, Pickering, Holt John Royall - JPMorgan Neil Mehta - Goldman Sachs Paul Cheng - Scotiabank Operator Greetings, and welcom...

The energy industry is undergoing a seismic shift in response to climate change concerns and the sustainability of fossil fuels. Although most, if not all, energy stocks are affected, these energy stocks to avoid also have other issues.

SUGAR LAND, Texas, April 29, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income attributable to CVR Energy stockholders of $82 million, or $0.81 per diluted share, on net sales of $1.9 billion for the first quarter of 2024, compared to net income attributable to CVR Energy stockholders of $195 million, or $1.94 per diluted share, on ...

Icahn owns big stakes in CVR Energy, Southwest Gas Holdings, and Occidental Petroleum. Each company has different exposures, creating a diversified energy basket.

SUGAR LAND, Texas, April 16, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its first quarter 2024 earnings results on Monday, April 29, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Tuesday, April 30, at 1 p.m. Eastern to discuss these results.

CVR Energy has seen a 26% increase in shares over the past year, benefiting from a favorable refining environment. CVI operates two refineries in the US and owns a 37% stake in CVR Partners and should continue to benefit from wide refining margins. Carl Icahn's controlling stake and potential for share sales pose a risk, but the company's strong financials and potential for special dividends ma...

Billionaire investor Carl Icahn developed a reputation as a corporate raider in the 1980s but is better known today as a shareholder activist. He buys large stakes in undervalued companies to push for changes, often through gaining seats on boards of directors.