Advertisement
Advertisement
U.S. markets close in 6 hours 12 minutes
Advertisement
Advertisement
Advertisement
Advertisement

CVR Energy, Inc. (CVI)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
20.71-0.22 (-1.05%)
As of 9:46AM EDT. Market open.
Advertisement
Sign in to post a message.
  • D
    Diane
    Is increasing Oil price the primary reason for the recent increase in CVI share price, or is there an earnings surprise expected, other? Thanks for your thoughtful responses.
    Bullish
  • L
    Lucifer
    So today we end the week with a powerful move upward in our share price on top of the significant gains we have enjoyed this week. We're about 3 weeks away from our third quarter earnings and I anticipate a very good report on the strength of the oil and fertilizer markets in Q3. I was pleased that Mr. Lamp decided to delay the upgrades at UAN until next year to capture the strong profits in the fertilizer sector. I know there are differing opinions regarding Mr. Lamp's performance but I, for one, think he has done a great job of navigating our ship through the difficult times of the last two years and I am hopeful that he will stay on for another term when his contract expires this December. In light of the strong markets in crude, refined products and fertilizer in Q3 I am feeling more optimistic that we will see a return of our dividends in the .40-.50 range this quarter. I know that RIN prices and requirements have been a thorn in CVI's side recently, along with volatile oil markets and demand issues but I believe the oil markets are and will continue to enjoy a much better environment in the upcoming months and the RIN issue will soon be clarified if the EPA can set aside their political bias and actually make a decision. That event alone should be very beneficial to keeping a lid on our gas prices and restore CVI's share price to pre-Covid levels. I find it obscene that CVI is trading below $20.00 with $90.00 crude prices.
    Hope you all have taken some positions at some great prices in the oil patch to enjoy future gains that are sure to come in our "transitory" inflationary environment. I finished building my position in EPD last month so its back to the drawing board to identify my next target. Currently considering MPLX,BPMP, MMP or OMP... Thoughts?? Cheers!
    Bullish
  • L
    Lucifer
    EPA set to propose cuts to biofuel blending in win for oil industry - Reuters
    Sep. 22, 2021 12:25 PM ETPBF Energy Inc. (PBF), CVI,DK,HFCREGI, DAR, GPRE,ADM,PSX,VLO,MPC,CRAKBy: Carl Surran, SA News Editor94 Comments
    Ethanol 3

    Refiners rise and biofuel stocks slide after Reuters reports the Environmental Protection Agency is proposing big cuts to U.S. biofuel blending requirements for 2020, 2021 and 2022.
    According to the report, the EPA would lower the 2020 mandate to 17.1B gallons and the 2021 mandate to 18.6B gallons, which would be lower than the 20.1B gallons that was finalized for 2020 before COVID-19; the agency also reportedly would set the 2022 level at 20.8B gallons.
    Renewable Energy Group (REGI -1.2%), Darling Ingredients (DAR +0.5%), Green Plains (GPRE -0.6%) and Archer Daniels Midland (ADM -0.6%) all fell sharply before paring losses.
    But refiners are surging: PBF +10.8%, CVI +7.3%, DK +7.6%, HFC +6.9%, PSX +4.7%, VLO +4.6%, MPC +4.1%.
    ETF: CRAK
    Today's report basically adds details to a Reuters story last month that the EPA likely would reduce biofuel blending mandates below 2020 levels.
  • D
    Diane
    Time for serious share price correction upward! CVI is significantly undervalued. I'm sure I'll look back at this year and wish I had bought more while the price was so low.
  • A
    Anthony
    why the big decline today
  • D
    Diane
    Need the share price to break $ 20.50! Hopefully before year end! Come on baby!
  • S
    Striker44
    When we own or consider owning a particular stock, we sometimes look at the price history and wonder how it is possible that a few short years ago people were able to get in so cheap; CVI has certainly been an example in the past. When we look back at the unbelievably low prices and wish there were such opportunities again, we sometimes fail to remember that the stock in question once faced a consensus belief that it is a basket case company. I believe CVI is in the middle or latter stages of one of those funks. There are ALWAYS valid reasons for the pessimism at the time. Today we have the never-ending burden of RINs along with Cathie Wood comparing petroleum to whale oil. Less than two months ago, I perceived an un-natural price dip and increased my position by 1000sh at 11.45. The plan was to do a 31day wash buy/sale to suck in some cap losses from CVI shares previously purchased at much higher prices. The problem: Do I sell now and grab that $8+ per share profit while booking a long term loss? Or do I ride it out and be happy with the averaged-down overall cost basis? Either way, 2021 taxes are gonna suck.
  • A
    Anthony
    Changes at the top. CFO and CAO both resigned this past August. This quarterly earnings release will likely be interesting. The stock price is strengthening along with the increase in oil prices. Personally, I’ll defer increasing my position till after the earnings announcement as I’m cautiously concerned when the 2 top finance people resign and neither retired
  • s
    shinzon
    not worried 30 before end of year
  • L
    Lucifer
    Just as what happened in the last four trading days, volume picked up substantially in the last 15 minutes along with our share price. In those last 15 minutes today over 220k shares traded which was about 25% of daily volume. Someone is accumulating CVI shares.
  • B
    Bob
    I told you about ALTM. I actually bought for the yield as much as the return earlier this year at $53.

    Today it sits at $76.
  • B
    Bob
    The forced transition to clean energy, economies trying to grow out of Covid, and OPEC cashing in on it while they can is causing the lack of supply and increase in oil, gas. Putin is being accused of gouging EU for natural gas while his pipeline awaits final approval.
  • B
    Bill
    EPA finally under enough pressure that sone relief for RINs is in sight.
  • K
    Kenneth
    All I know is that Lucy’s back on the YMB articulating his insights regarding the RIN situation and it’s likely impact on the small oil refiners like CVI. I’m confident now that his presence suggests that the future will be positive and the share price will continue to rise. Welcome back ole friend! Gosh I’m thirsty!
  • y
    yannis
    probably they will reestablish a regular dividend by the end of 2022
  • w
    willie
    Watch CVI. Nitrogen prices soaring
  • a
    aabbg
    https://www.youtube.com/watch?v=R-v8oyZlYkM .................CVI + AABB October MOVES = HUGE GAIN$..??
    Easy Energy Savings with "CVR"?!
    www.youtube.com
    Bullish
  • A
    Anthony
    RIN situation is so dire that the company will struggle to be cash flow positive in 2021. without adjustment to RIN process will struggle well into 2022. there will be no money for dividends. please read up since management is in denial regarding discussing the issue. yes its political. corn states vs Texas with Texas out gunned
  • A
    Anthony
    Tracy Jackson had title to both positions and resigned per an 8K submission. As of today the cfo is Neumann, 37 years old and the new CAO is Conoway?? I saw something this morning about it but can’t seem to pull it up again? Strange. The rumor mill had changes coming and so the 1st to go are the CFO? 8K says no issues but this qtr release will undoubtedly tell the story. All about cash.
  • B
    Bob
    ALTM AT $88

    Just for you MB
Advertisement
Advertisement