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Stock Market & Financial Investment News

News Breaks
July 31, 2014
08:36 EDTCVRRCVR Refining reports Q2 EPS $1.22, consensus $1.00
Reports Q2 revenue $2.47B, consensus $2.21B.
News For CVRR From The Last 14 Days
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March 4, 2015
06:12 EDTCVRRCVR Refining upgraded to Buy from Neutral at Citigroup
Citigroup upgraded CVR Refining (CVRR) to Buy on expectations the company will benefit from the widening in North American crude differentials. It raised its price target for shares to $25 from $18. Citi also upped its price target for HollyFrontier (HFC) shares to $48 from $41 and for Western Refining (WNR) to $57 from $46.
February 19, 2015
08:37 EDTCVRRCVR Refining reports Q4 throughputs of crude oil, others 212,263 bpd
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08:36 EDTCVRRCVR Refining reports Q4 EPS (73c), may not be comparable to consensus 62c
Reports Q4 revenue $1.77B, one estimate $1.77B. Net income for the 2014 fourth quarter was negatively affected by an unfavorable first-in, first-out accounting impact of $154.6M. CEO Jeff Lipinski commented, "Our fourth quarter results were significantly impacted by volatile crude and product markets, which resulted in low refining margins in December. Our results were further impacted by a 16-day outage of the Fluid Catalytic Cracking Unit at the Wynnewood refinery."

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