CVR Energy Inc. (CVI) had a rough trading day for Friday October 16 as
shares
tumbled 6.4%, or a loss of $-0.81 per share, to close at $11.85. After opening the day at $12.58, shares of CVR Energy Inc. traded as high as $12.58 and as
low as $11.85. Volume was 648,721 shares over 5,407 trades, against an average daily volume of n/a shares and a total float of 100.53 million.
As a result of the decline, CVR Energy Inc. now has a market cap of $1.19 billion. In the last
year, shares of CVR Energy Inc. have traded between a range of $48.44 and $11.56, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
For a complete fundamental analysis of CVR Energy Inc., check out Equities.com’s Stock Valuation Analysis report for
CVI.
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CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company’s refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR’s refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company’s customers include retailers, railroads, and farm cooperatives.
CVR Energy Inc. is based out of Sugar Land, TX and has some 1,486 employees. Its CEO is David L. Lamp.
CVR Energy Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.
To get more information on CVR Energy Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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