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CVR Refining Reported Strong 1Q18 Results, Stock Rose 4%

Ruth King
CVR Refining Reported Strong 1Q18 Results, Stock Rose 4%

CVR Refining (CVRR) reported its 1Q18 results on April 26. The company reported available cash for distribution of $75.7 million for the quarter—a big improvement from 1Q17 when CVR Refining had zero available cash for distribution. CVR Refining announced a distribution of $0.51 per unit for the quarter.