OverviewSuggest Edit

Our petroleum business includes a complex full coking, medium-sour crude oil refinery with a rated capacity of 115,000 barrels per calendar day (bpcd) and a complex crude oil refinery with a rated capacity of 70,000 bpcd. 

CVR Refining's subsidiaries also operate supporting logistics assets, including approximately 340 miles of active owned and leased pipelines, approximately 150 crude oil transports, a network of strategically located crude oil gathering tank farms, and approximately 6.4 million barrels of owned and leased crude oil storage capacity.

TypePublic
Founded2012
HQSugar Land, US
Websitecvrrefining.com

Latest Updates

Employees (est.) (Feb 2019)959
Revenue (FY, 2017)$5.7 B(+28%)
Share Price (Jan 2019)$10.5

CVR Refining Office Locations

CVR Refining has an office in Sugar Land
Sugar Land, US (HQ)
Sugar Land, TX, USA
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CVR Refining Financials and Metrics

CVR Refining Revenue

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CVR Refining's revenue was reported to be $5.66 b in FY, 2017
USD

Revenue (Q3, 2018)

1.9b

Gross profit (Q3, 2018)

195.0m

Gross profit margin (Q3, 2018), %

10.5%

Net income (Q3, 2018)

174.0m

EBIT (Q3, 2018)

176.0m

Market capitalization (28-Jan-2019)

1.5b

Closing stock price (28-Jan-2019)

10.5

Cash (30-Sept-2018)

398.0m

EV

1.7b
CVR Refining's current market capitalization is $1.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

8.7b8.8b5.2b4.4b5.7b

Revenue growth, %

(42%)(14%)

Cost of goods sold

7.5b8.0b4.1b4.3b5.4b

Gross profit

1.2b816.3m1.0b152.4m286.4m
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.3b2.1b1.9b2.4b2.5b2.2b1.3b1.5b1.4b834.0m1.2b1.2b1.4b1.3b1.4b1.5b1.8b1.9b

Cost of goods sold

2.1b2.2b2.1b1.1b1.2b1.1b722.3m941.9m987.5m1.3b1.3b1.3b1.3b1.7b1.7b

Gross profit

312.0m293.7m161.5m248.3m366.6m297.9m111.7m222.5m176.0m86.8m12.2m118.7m114.8m145.0m195.0m

Gross profit Margin, %

13%12%7%19%24%22%13%19%15%6%1%9%8%8%11%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

590.4m358.7m291.2m15.3m88.8m

Depreciation and Amortization

114.3m122.5m129.0m133.1m

Inventories

5.8m200.3m41.3m(38.5m)(40.1m)

Accounts Payable

(18.9m)(58.5m)(16.3m)(17.0m)88.7m
USDY, 2018

EV/EBIT

9.6 x

EV/CFO

3.3 x

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1 x
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CVR Refining Operating Metrics

FY, 2016

Facilities

2

Pipelines Network, miles

340

Refinery Throughputs, barrels per day

185 k
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CVR Refining Online and Social Media Presence

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CVR Refining News and Updates

CVR Refining Announces CVR Energy’s Exercise of Right to Purchase Common Units

SUGAR LAND, Texas, Jan. 17, 2019 (GLOBE NEWSWIRE) -- CVR Refining, LP (NYSE: CVRR) (the “Partnership”) announced today that CVR Energy, Inc. (“CVR Energy”) (NYSE: CVI) has elected to exercise the right (the “Call Right”) assigned to it by CVR Refining GP, LLC (the “General Partner”), the general p…

CVR Refining Reports Third Quarter 2018 Results and Announces Cash Distribution of 90 Cents

SUGAR LAND, Texas, Oct. 24, 2018 (GLOBE NEWSWIRE) -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced net income of $174 million on net sales of $1,857 million for the third quarter of 2018, compared to net income of $70 million on net sales of $1,386 milli…

CVR Refining to Release Third Quarter 2018 Earnings

SUGAR LAND, Texas, Oct. 11, 2018 (GLOBE NEWSWIRE) -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, plans to release its third quarter 2018 results on Wednesday, Oct. 24, after the close of trading on the New York Stock Exchange. The company will host a teleconference ca…

CVR Refining Frequently Asked Questions

  • When was CVR Refining founded?

    CVR Refining was founded in 2012.

  • How many employees does CVR Refining have?

    CVR Refining has 959 employees.

  • What is CVR Refining revenue?

    Latest CVR Refining annual revenue is $5.7 b.

  • What is CVR Refining revenue per employee?

    Latest CVR Refining revenue per employee is $5.9 m.

  • Who are CVR Refining competitors?

    Competitors of CVR Refining include ESSO, Vertex Energy and Unipetrol.

  • Where is CVR Refining headquarters?

    CVR Refining headquarters is located at Sugar Land, TX, USA, Sugar Land.

  • Where are CVR Refining offices?

    CVR Refining has an office in Sugar Land.

  • How many offices does CVR Refining have?

    CVR Refining has 1 office.