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CVR Energy, Inc. Message Board

  • seancbrady seancbrady Feb 17, 2013 8:20 PM Flag

    Earnings growth

    On Friday, yahoo finance projections on stocks seemed messed up (a lot of companies they were showing projections for had empty values). They seem to have fixed this up by Friday evening. But, now CVI projected earnings growth rates from yahoo have dropped a lot. A few days ago, they were projecting 73% earnings growth for the next 5 years (continuing their huge growth). Now, yahoo shows a projection of 1% a year. Huge change. Does anyone know if the growth has dried up? p/e is low, but not as attractive with virtually no growth. Any website/analyst predicting continued huge growth in the future for CVI?

    Sentiment: Buy

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    • i just read cvrr holdings and to me it seems they have everything they need tank farms pipelines and trucks, 2 refineries in an area where oil is cheap . how can they not make a ton of money

    • seancbrady,

      I had a similar problem finding accurate P/E values a few months ago. Different values depend on where you look... So much for quantitative analysis...

      I would only trust the SEC reports. Anyone have a better, more timely source?


    • yeah....see that. Checked on my Fidelity account...they actually have negative earnings growth projected. Thought it might be a fluke so checked on another refinery stock I own HFC....same story. Not sure how often the research at these places update their info...seems like with the increasing spreads happening that these companies will be making money hand over fist for at least another quarter or two.....

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