SUGAR LAND, Texas, Nov. 2, 2011 /PRNewswire/ -- CVR Energy, Inc. (NYSE:CVI - News), a refiner and marketer of petroleum fuels and the majority owner of a nitrogen fertilizer products manufacturer, today reported third quarter 2011 net income attributable to CVR Energy stockholders of $109.3 million, or $1.25 per fully diluted share, on net sales of $1,352.0 million. The 2011 results compared to net income of $23.2 million, or 27 cents per fully diluted share, on net sales of $1,031.2 million for the third quarter of 2010.
THIS IS JUST 1 QUARTER,,,,,
anddddddddddddddddd they just bought another refinery.....giddy up
A possible benefit to the CVI acquisition would be an additional supply of petcoke that would be useful once the expansion of UAN production is completed. Not sure what impact the new refinery would have on ammonia availability.
You said it would be zooming up about $30.
If you check my posts I said it would hang around here in the mid 20s.
Last I checked $25.5 is a lot closer to the mid 20s than it is to over $30.
If you have some real relevant information then by all means share it. But your silly pumping based on nothing (or based on misconceptions of the GP/LP relationship) just loses you credibility with anyone who pays attention.
You have demonstrated you don't understand MLPs, so suggest you stick with CVI which you probably have a pretty good handle on.
right about what lady????????????? stick to your selling puts....lol
The stock is going up in your face....like YOU SAID IT WOULDNT....and I SAID IT WOULD!
And it will continue.....you just dont get it! Do I have to spell it out for ya?
Why are you even here lady? Go be miserable somewhere else. I recommend TheStreet.com :)
It is called growth and frankly I am glad to see them diversify operations so to speak. We seen what happen when the had to close up shop for flooding a couple years back. I am extremely encouraged by this. I think it is well executed growth strategy on their part. They already built storage at Cushing last year.
I am an Investor here,,,,not trader
As I posted before, I too am an investor here..Not a trader.
The only concern for MLP's may be political/taxation changes.
Right now, there is no indication of a change in tax rules forthcoming.
Let's hope Obama's inepts stay away from MLPs...