$0.45 EPS Expected for CVR Refining LP (CVRR)

July 18, 2017 - By Ellis Scott

 $0.45 EPS Expected for CVR Refining LP (CVRR)
Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.56, from 0.68 in 2016Q3. It improved, as 15 investors sold CVR Refining LP shares while 14 reduced holdings. 22 funds opened positions while 14 raised stakes. 13.30 million shares or 2.08% less from 13.58 million shares in 2016Q3 were reported.
Cwm Ltd Liability Com has invested 0% in CVR Refining LP (NYSE:CVRR). Wilbanks Smith And Thomas Asset has 0.03% invested in CVR Refining LP (NYSE:CVRR) for 33,100 shares. Harvey Prns Ltd Liability has 1.09% invested in CVR Refining LP (NYSE:CVRR). Jpmorgan Chase invested in 411,717 shares or 0% of the stock. Fairfield Bush & Company has 0.06% invested in CVR Refining LP (NYSE:CVRR) for 17,800 shares. State Bank Of Mellon reported 255,660 shares stake. Creative Planning holds 0.01% or 142,400 shares in its portfolio. The Minnesota-based Walleye Trading Limited Com has invested 0% in CVR Refining LP (NYSE:CVRR). 350 are held by Financial Architects. Northern Tru has 59,459 shares for 0% of their portfolio. Icahn Carl C invested in 5.75 million shares or 0.27% of the stock. Mark Sheptoff Financial Planning Limited Liability Co reported 0.04% stake. 819,004 were accumulated by Bancorp Of America De. 362,736 were accumulated by Numina Mgmt Ltd Liability. Credit Suisse Ag holds 0% in CVR Refining LP (NYSE:CVRR) or 11,592 shares.

Analysts expect CVR Refining LP (NYSE:CVRR) to report $0.45 EPS on July, 27.They anticipate $0.08 EPS change or 15.09 % from last quarter’s $0.53 EPS. CVRR’s profit would be $66.63 million giving it 5.03 P/E if the $0.45 EPS is correct. After having $0.45 EPS previously, CVR Refining LP’s analysts see 0.00 % EPS growth. It closed at $9.05 lastly. It is down 2.95% since July 18, 2016 and is downtrending. It has underperformed by 19.65% the S&P500.

CVR Refining LP (NYSE:CVRR) Ratings Coverage

Among 10 analysts covering CVR Refining LP (NYSE:CVRR), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. CVR Refining LP had 28 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital upgraded CVR Refining LP (NYSE:CVRR) on Monday, October 12 to “Overweight” rating. The company was maintained on Tuesday, January 12 by Barclays Capital. As per Wednesday, September 14, the company rating was maintained by Citigroup. On Friday, November 18 the stock rating was upgraded by PiperJaffray to “Neutral”. The firm has “Neutral” rating by Goldman Sachs given on Monday, January 23. The stock of CVR Refining LP (NYSE:CVRR) has “Neutral” rating given on Thursday, November 10 by Credit Suisse. Goldman Sachs downgraded CVR Refining LP (NYSE:CVRR) rating on Tuesday, January 26. Goldman Sachs has “Sell” rating and $15 target. Barclays Capital maintained it with “Overweight” rating and $8 target in Tuesday, August 2 report. The firm has “Underweight” rating by JP Morgan given on Friday, June 10. The company was initiated on Thursday, May 19 by UBS.

CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The company has market cap of $1.34 billion. The Firm is a petroleum refiner. It has a 8.89 P/E ratio. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016.

More notable recent CVR Refining LP (NYSE:CVRR) news were published by: Nasdaq.com which released: “Is CVR Refining a Great Stock for Value Investors?” on July 10, 2017, also Nasdaq.com with their article: “CVR Refining Enters Oversold Territory (CVRR)” published on June 21, 2017, Prnewswire.com published: “CVR Refining Announces 2017 Second Quarter Earnings Call” on July 13, 2017. More interesting news about CVR Refining LP (NYSE:CVRR) were released by: Fool.com and their article: “CVR Refining LP Soars After Top Investor Icahn Takes a Trump Administration Role” published on December 22, 2016 as well as Seekingalpha.com‘s news article titled: “CVR Refining, LP’s (CVRR) CEO John Lipinski on Q1 2017 Results – Earnings Call …” with publication date: April 27, 2017.

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