CVI / CVR Energy: Economic Uncertainty, And Potential Dividend Cuts On The Horizon

Here is how CVR Energy (CVI) and Crestwood Equity Partners LP (CEQP) have performed compared to their sector so far this year. more_horizontal

NOV expects revenues to increase 1-3% in the fourth quarter of 2023, with EBITDA flow-through in the low to mid-30% range. more_horizontal

CVR Energy (CVI) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnin more_horizontal

Strong crack spreads and lower costs are likely to have buoyed the third-quarter earnings of CVR Energy (CVI), only to be offset by a weak fertilizer more_horizontal

Considering the bullish outlook of the Zacks Oil and Gas - Refining & Marketing industry, we advise loading up on companies like PBF, CVI and DK. more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

It is the ideal time for investors to allocate money to prospective energy stocks offering attractive dividend yields. Three such stocks are Kinder Mo more_horizontal

CVR (CVI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. more_horizontal