CVR Refining LP (CVRR) EPS Estimated At $0.45

July 18, 2017 - By Winifred Garcia

 CVR Refining LP (CVRR) EPS Estimated At $0.45
Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.56, from 0.68 in 2016Q3. It increased, 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.
Guggenheim Ltd Liability Com, a Illinois-based fund reported 62,282 shares. Wells Fargo Mn holds 63,914 shares. 11,976 were accumulated by Qs Invsts Ltd Liability. Us Bancorporation De holds 0% of its portfolio in CVR Refining LP (NYSE:CVRR) for 1,500 shares. Gp One Trading L P invested in 0% or 29,031 shares. Clinton Gru reported 17,565 shares. Gsa Partners Llp stated it has 26,653 shares. California Employees Retirement System has 101,200 shares for 0% of their portfolio. Barclays Public Limited stated it has 0% in CVR Refining LP (NYSE:CVRR). Glob X Mngmt Ltd Liability has invested 0.03% in CVR Refining LP (NYSE:CVRR). Manufacturers Life Insurance The reported 4,285 shares. Goldman Sachs Group Inc Inc has invested 0% in CVR Refining LP (NYSE:CVRR). Financial Bank Of Ny Mellon has 0% invested in CVR Refining LP (NYSE:CVRR). Citadel Advsr Ltd Liability Corporation, Illinois-based fund reported 13,342 shares. Bancorp Of America Corporation De holds 0% of its portfolio in CVR Refining LP (NYSE:CVRR) for 819,004 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. The stock has “Neutral” rating by JP Morgan on Friday, October 28. As per Friday, September 16, the company rating was maintained by Piper Jaffray. JP Morgan downgraded CVR Refining LP (NYSE:CVRR) on Friday, June 10 to “Underweight” rating. PiperJaffray upgraded CVR Refining LP (NYSE:CVRR) on Friday, November 18 to “Neutral” rating. The stock has “Neutral” rating by Piper Jaffray on Friday, November 18. As per Wednesday, October 21, the company rating was downgraded by Citigroup. JP Morgan upgraded the shares of CVRR in report on Wednesday, December 7 to “Overweight” rating. On Friday, July 24 the stock rating was initiated by Macquarie Research with “Neutral”. The rating was upgraded by Barclays Capital on Monday, October 12 to “Overweight”. The stock has “Neutral” rating by Credit Suisse on Tuesday, June 20.

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: Seekingalpha.com which released: “Investors Wise Up To CVR Refining’s Biofuel Credit Gambit” on April 24, 2017, also Nasdaq.com with their article: “CVR Refining Enters Oversold Territory (CVRR)” published on June 21, 2017, Nasdaq.com published: “Is CVR Refining a Great Stock for Value Investors?” on July 10, 2017. More interesting news about CVR Refining LP (NYSE:CVRR) were released by: Prnewswire.com and their article: “CVR Refining Announces 2017 Second Quarter Earnings Call” published on July 13, 2017 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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