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CVR Energy, Inc. Message Board

  • l_iannucci l_iannucci Mar 26, 2013 7:52 AM Flag

    CVRR Crack Spread

    I would like the following info if anyone has it:
    1. How does CVRR hedge its crack spread?
    2. Is this hedge for 100% of the total?
    3. I had read in an article that if the spead drops below 25; CVRR will not
    be able to pay the distributions investors are looking for. I have been watching
    the spread and it seems to be dropping now at 31.79. Dont know if this is anything to be concerned about
    at this point. This is why the answer to #2 is important.

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37.78Jul 29 4:02 PMEDT