![]() ![]() Seeking Alpha How Does CVR Energy Compare To Other Oil-related Stocks?Ī legitimate question when looking at any stock is to compare its potential with other stocks in the same market sector. However, earlier in the year, both SA analysts and quants had CVI a buy. Wall Street analysts, Seeking Alpha analysts, and quants are decidedly neutral on CVR Energy with everyone having a Hold rating at the moment. That is due to refinery margins not being tied directly to oil prices. So from an investment standpoint, oil prices have historically not been the dominant determinant of CVR Energy's price. ![]() The chart below shows that despite a steady, consistent drop in oil prices over the last year, CVI outperformed oil, but both were down more than 20%. How Did CVI Energy's Share Price Compare to the Price Of Oil?Ī good way to visualize CVR Energy's price performance is to compare it to oil prices over the same period of time. This could imply that CVI is in the bargain bin. Source: CVR Earnings CallĪll in all, CVI's financial metrics were overwhelmingly good, but in spite of that, the share price went down. We will continue to focus on maximizing free cash flow, which underpins our peer-leading dividend yield. And management is going to use future FCF to support the dividend. 40 to 1.80, a staggering increase of 350%. In addition, FCF (Line 15) surged 75% in 2022 over 2021 lowering the Price to FCF (Line 16) from 10x to 4x.Īnd finally, the dividend was raised from. However, despite the outstanding year, the PE Ratio (line 11) is much lower at about 5x compared to 22x a year ago.Īnd EBITDA (line 13) doubled and the debt-to-EBITDA ratio (Line 14) dropped by 44%. This would imply operational efficiencies likely improved over that 1-year time period. Gross Margin (Line 4) is also up significantly (67%) compared to Revenue. ![]() Note that CVR has no orange items, meaning I can't find any negatives at all in their comparable financial metrics.ĬVR Energy's price (Line 1) has decreased by 23% over the last 12 months, despite an increase in Revenue (Line 2) of 32%. The orange items are those that are questionable from an investment standpoint. I have highlighted in yellow the items I consider the most positive compared to the other items. One quick look at the financial metrics table above comparing 2021 to 2022 shows enormous improvement in results for CVR Energy over that time period. Once we have made that comparison, we will make an attempt to see how the coming year may play out. We can make a reasonable comparison of today's value versus last year's value. In CVR Energy's case, the TTM coincides with the end of Q1 2021 and Q1 2022 years ending March 31. Let's look at CVR Energy's financial metrics, comparing the latest TTM (Trailing Twelve Months) with the previous year. ![]() In this article, we will look at CVR Energy's prospects for the next year to try and determine the price direction out to 2024 as compared to last year. The much smaller size has made CVI fly under the radar somewhat, but it is making progress in all areas. On a market cap basis, CVI is ranked 298th in the world, somewhat smaller than some of the more prominent oil companies in the world. Over the last year, CVI has underperformed relative to the S&P500 ( SPY). According to its website here is a description of its business.ĬVI Energy is a diversified holding company primarily engaged in the petroleum refining and nitrogen fertilizer manufacturing industries, with an increasing focus on the production of renewable biofuels, the energy transition, and lower carbon emissions Source: CVI Energy ( NYSE: CVI) is an energy company that refines petroleum, produces bio-diesel and makes fertilizer through its 37% ownership of CVR Partners LP ( UAN). ![]()
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