Dividend Runner: CVR Energy Inc. (NYSE:CVI) advises investors to expect $0.50 dividends on Nov 14, 2016.

Dividend Runner: CVR Energy Inc. (NYSE:CVI) advises investors to expect $0.50 dividends on Nov 14, 2016.

CVR Energy Inc. (NYSE:CVI) is expected to pay $0.50 on Nov 14, 2016. The indicated annual dividend is $2.00. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on CVR Energy Inc.’s current price of $13.35, the dividend is 3.75%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.68% or $0.09 during the last trading session, hitting $13.35. CVR Energy, Inc. (NYSE:CVI) has declined 48.85% since March 31, 2016 and is downtrending. It has underperformed by 51.37% the S&P500.

CVR Energy, Inc. is a holding company. The company has a market cap of $1.16 billion. The Firm engages 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 currently has negative earnings. It operates under two business divisions: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership).

Insitutional Activity: The institutional sentiment increased to 1.39 in Q2 2016. Its up 0.32, from 1.07 in 2016Q1. The ratio improved, as 28 funds sold all CVR Energy, Inc. shares owned while 34 reduced positions. 26 funds bought stakes while 60 increased positions. They now own 85.98 million shares or 2.92% less from 88.57 million shares in 2016Q1.
The Montana-based Da Davidson & has invested 0% in CVR Energy, Inc. (NYSE:CVI). Wasatch has invested 0.02% of its portfolio in CVR Energy, Inc. (NYSE:CVI). Employees Retirement Association Of Colorado owns 7,298 shares or 0% of their US portfolio. Citadel Advsr Ltd holds 0% of its portfolio in CVR Energy, Inc. (NYSE:CVI) for 223,163 shares. Citigroup reported 98,492 shares or 0% of all its holdings. Acadian Asset Mngmt Ltd Liability reported 434 shares or 0% of all its holdings. Deutsche Fincl Bank Ag holds 0% or 219,064 shares in its portfolio. Barclays Public Ltd Liability Corp accumulated 0% or 22,497 shares. The Virginia-based Quantitative Ltd Liability has invested 0.01% in CVR Energy, Inc. (NYSE:CVI). Trexquant Limited Partnership, a Connecticut-based fund reported 15,599 shares. Vantage Partners Ltd Liability Company has invested 0.16% of its portfolio in CVR Energy, Inc. (NYSE:CVI). New York State Common Retirement Fund holds 0% or 35,700 shares in its portfolio. Wfg Advisors L P accumulated 0% or 263 shares. Blackrock Investment Mgmt Limited Co holds 63,242 shares or 0% of its portfolio. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in CVR Energy, Inc. (NYSE:CVI).

CVR Energy, Inc. (NYSE:CVI) Ratings Coverage

Out of 2 analysts covering CVR Energy (NYSE:CVI), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. CVR Energy has been the topic of 5 analyst reports since January 26, 2016 according to StockzIntelligence Inc. Piper Jaffray upgraded the stock to “Neutral” rating in Monday, October 10 report. The stock of CVR Energy, Inc. (NYSE:CVI) earned “Neutral” rating by Goldman Sachs on Friday, September 9. The stock of CVR Energy, Inc. (NYSE:CVI) earned “Underweight” rating by Piper Jaffray on Friday, September 16. Piper Jaffray maintained it with “Underweight” rating and $9 target price in Monday, August 22 report.

More notable recent CVR Energy, Inc. (NYSE:CVI) news were published by: Fool.com which released: “How Safe Is CVR Energy, Inc. Stock?” on April 06, 2016, also Fool.com with their article: “The Biggest Problem With CVR Energy, Inc. Stock” published on March 22, 2016, Prnewswire.com published: “CVR Energy Announces 2016 Third Quarter Earnings Call” on October 13, 2016. More interesting news about CVR Energy, Inc. (NYSE:CVI) were released by: Bloomberg.com and their article: “Delek Surges on Report CVR Energy Prepares Refiner Takeover” published on August 12, 2016 as well as Forbes.com‘s news article titled: “CVR Energy Becomes Oversold” with publication date: July 27, 2016.

CVI Company Profile

CVR Energy, Inc. (CVR Energy), incorporated on September 25, 2006, is a holding company. The Firm engages 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 divisions: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership). The Company’s Refining Partnership is an independent petroleum refiner and marketer of transportation fuels. The Company’s Nitrogen Fertilizer Partnership produces and markets nitrogen fertilizers in the form of urea and ammonium nitrate (UAN) and ammonia. The petroleum business consists of a coking medium-sour crude oil refinery in Coffeyville, Kansas and a crude oil refinery in Wynnewood, Oklahoma. The nitrogen fertilizer business consists of UAN and ammonia products.

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