| Prev Close | 17.00 |
| Open | 17.21 |
| Day Low/High | 17.11 / 17.85 |
| 52 Wk Low/High | 6.70 / 18.25 |
| Volume | 689.56K |
| Avg Volume | 511.30K |
| Exchange | NYSE |
| Shares Outstanding | 147.60M |
| Market Cap | 2.45B |
| EPS | 0.60 |
| P/E Ratio | 27.67 |
| Div & Yield | 1.80 (8.63%) |
These five companies are big buys as oil prices stabilize and sentiment improves on the sector.
In recent trading, shares of CVR Refining LP have crossed above the average analyst 12-month target price of $9.25, changing hands for $9.35/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Here's what you need to know now for Thursday, September 7.
As analysts expected, refinery runs were down substantially during the week ended Sept. 1, leaving crude stockpiles to increase by nearly 5 million barrels, while gasoline inventories were depleted by more than 3 million barrels.
The move comes as U.S. gasoline prices skyrocketed Thursday morning due to an East Coast pipeline shutdown by the nation's largest gasoline transporter, Colonial Pipeline Co.
While shut-in crude oil production is good for commodity prices, shut-in refineries will lead to a surplus of product and a lack of demand for electricity won't help.
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with CVR Refining LP . The average 12-month price target for CVRR — averaging the work of 4 analysts — reveals an average price target of $9.12/share.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: BXMT, CIGI, CPA, CVRR, GNRC, KNOP, MRC, NMIH, STRA Downgrades: ANH, CAR, CYS, DLTH, EQC, MGM, MOH, SHOR Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
Even though energy prices are rebounding, these beaten-down master limited partnerships will continue to struggle.
Petroleum interests will be well represented in the emerging cabinet of President-elect Donald Trump.
Carl Icahn exits positions in both Chesapeake Energy and Transocean, while trimming another refiner.
In recent trading, shares of CVR Refining LP have crossed above the average analyst 12-month target price of $7.67, changing hands for $8.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: DLR, ESXB, IART, NMR, PBIB, PLNT, SANW, TCK Downgrades: AAN, ABMD, AXTA, CMC, CMPR, CVI, CVRR, DSPG, EHTH, ESSA, FCFS, NPTN, NWS, UHT, VDSI Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
Here are Monday's top research calls, including upgrades for American Eagle, Mattel and Tesaro, and new coverage of Netflix.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CVRR, TTNP, WMS Downgrades: DAR Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
Energy and consumer defensive names dominate on the bearish side.
Trade-Ideas LLC identified CVR Refining (CVRR) as a weak on high relative volume candidate
As some refiners prepare to report earnings, the oil glut continues.
Some industry watchers have been bullish on the sector because the WTI-Brent spread isn't holding up, which is normally seen as a positive.
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Trade-Ideas LLC identified CVR Refining (CVRR) as a weak on high relative volume candidate
Take Southwest Airlines over Delta and stay away from Cheniere Energy, Cramer says.
Growth is important, but too much or too little means trouble for the stock market.
Trade-Ideas LLC identified CVR Refining (CVRR) as a weak on high relative volume candidate
