CVR Energy (CVI) Receiving Somewhat Positive Media Coverage, Study Finds
Media coverage about CVR Energy (NYSE:CVI) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CVR Energy earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 47.4050791283227 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
CVR Energy (NYSE:CVI) traded up $1.15 during trading on Thursday, hitting $31.26. 406,087 shares of the stock traded hands, compared to its average volume of 651,191. The firm has a market capitalization of $2,710.00, a PE ratio of 46.54 and a beta of 1.73. CVR Energy has a 12 month low of $16.04 and a 12 month high of $32.42. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.24 and a quick ratio of 1.69.
CVR Energy (NYSE:CVI) last announced its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.08. CVR Energy had a net margin of 0.71% and a return on equity of 3.37%. The business had revenue of $1.45 billion for the quarter.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 10th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, November 9th. This represents a $2.00 dividend on an annualized basis and a yield of 6.40%. CVR Energy’s payout ratio is 425.53%.
Several equities analysts recently issued reports on CVI shares. BidaskClub raised shares of CVR Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. ValuEngine downgraded shares of CVR Energy from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 5th.
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About CVR Energy
CVR Energy, Inc (CVR Energy) is a holding company. The Company is engaged in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership).
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