CVR Refining, LP (NYSE:CVRR) declared a special dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Friday, November 10th will be paid a dividend of 0.94 per share by the oil and gas company on Friday, November 17th. The ex-dividend date of this dividend is Thursday, November 9th.

CVR Refining, (NYSE:CVRR) last announced its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.24. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.20 billion. CVR Refining, had a return on equity of 3.99% and a net margin of 1.02%. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS.

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CVRR has been the topic of several research analyst reports. ValuEngine lowered CVR Refining, from a “buy” rating to a “hold” rating in a research report on Monday, September 11th. BidaskClub lowered CVR Refining, from a “sell” rating to a “strong sell” rating in a research report on Sunday, August 6th. Citigroup Inc. cut their target price on CVR Refining, from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Monday, July 17th. Zacks Investment Research lowered CVR Refining, from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, UBS AG reissued a “neutral” rating and set a $8.50 target price (down previously from $10.00) on shares of CVR Refining, in a research report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. CVR Refining, currently has an average rating of “Hold” and a consensus target price of $10.38.

CVR Refining, Company Profile

CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The Company is a petroleum refiner. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day (bpcd) and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016.

Dividend History for CVR Refining, (NYSE:CVRR)

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