$0.17 EPS Expected for CVR Refining LP (CVRR)

July 26, 2017 - By Winifred Garcia

 $0.17 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 is positive, 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.
Deutsche Financial Bank Ag owns 236,700 shares. New York-based Yorkville Cap Mngmt Ltd Com has invested 0.28% in CVR Refining LP (NYSE:CVRR). Millennium Management has invested 0.01% of its portfolio in CVR Refining LP (NYSE:CVRR). Gru One Trading Ltd Partnership has 29,031 shares. Pnc Service Group Inc holds 0% or 18,550 shares in its portfolio. Weaver C Barksdale & Associates Inc owns 385 shares for 0.01% of their portfolio. 36,625 were accumulated by Royal National Bank & Trust Of Canada. Walleye Trading Limited Liability stated it has 419 shares. Walthausen And Ltd Limited Liability Company reported 0.2% in CVR Refining LP (NYSE:CVRR). Jane Street Grp Incorporated Lc reported 0% stake. Anson Funds Mngmt Ltd Partnership holds 0.16% of its portfolio in CVR Refining LP (NYSE:CVRR) for 50,000 shares. Indexiq Advsr Limited Liability Corp has invested 0% in CVR Refining LP (NYSE:CVRR). Architects invested in 0% or 350 shares. Harvey Limited Liability Company reported 1.09% of its portfolio in CVR Refining LP (NYSE:CVRR). Tower Research Limited Liability Company (Trc) has 100 shares for 0% of their portfolio.

Analysts expect CVR Refining LP (NYSE:CVRR) to report $0.17 EPS on July, 27 before the open.They anticipate $0.36 EPS change or 67.92 % from last quarter’s $0.53 EPS. CVRR’s profit would be $25.81M giving it 14.04 P/E if the $0.17 EPS is correct. After having $0.45 EPS previously, CVR Refining LP’s analysts see -62.22 % EPS growth. It closed at $9.55 lastly. It is down 2.95% since July 26, 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 29 analyst reports since July 24, 2015 according to SRatingsIntel. The company was upgraded on Friday, December 9 by Credit Suisse. PiperJaffray upgraded CVR Refining LP (NYSE:CVRR) on Friday, November 18 to “Neutral” rating. The stock of CVR Refining LP (NYSE:CVRR) has “Neutral” rating given on Monday, January 23 by Goldman Sachs. The firm has “Underweight” rating by Piper Jaffray given on Friday, July 1. Citigroup maintained the stock with “Neutral” rating in Monday, July 17 report. As per Wednesday, September 14, the company rating was maintained by Citigroup. The rating was downgraded by Credit Suisse on Tuesday, June 20 to “Neutral”. As per Friday, July 24, the company rating was initiated by Macquarie Research. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 2. The stock has “Neutral” rating by Credit Suisse on Thursday, November 10.

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 $1.45 billion. The Firm is a petroleum refiner. It has a 9.38 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 important recent CVR Refining LP (NYSE:CVRR) news were published by: Seekingalpha.com which released: “Investors Wise Up To CVR Refining’s Biofuel Credit Gambit” on April 24, 2017, also Prnewswire.com published article titled: “CVR Refining Announces 2017 Second Quarter Earnings Call”, Zacks.com published: “Is CVR Refining a Great Stock for Value Investors?” on July 10, 2017. More interesting news about CVR Refining LP (NYSE:CVRR) was released by: Seekingalpha.com and their article: “CVR Refining, LP’s (CVRR) CEO John Lipinski on Q1 2017 Results – Earnings Call …” with publication date: April 27, 2017.

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