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CVR Refining, LP (CVRR) Post Q3 EPS of $0.15

October 30, 2014 8:47 AM EDT
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Price: $10.49 --0%

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CVR Refining, LP (NYSE: CVRR) reported Q3 EPS of $0.15, which may note compare to the analyst estimate of $0.66. Revenue for the quarter came in at $2.15 billion versus the consensus estimate of $1.99 billion.

"We are pleased with the overall performance of our refineries given the challenges we faced during the 2014 third quarter," said Jack Lipinski, chief executive officer. "Although our results were impacted by the downtime associated with the fire that occurred in late July at the Coffeyville refinery, the combined total crude throughput for the quarter was 176,367 barrels per day (bpd).

"In addition to making repairs during the downtime, we performed some of the refinery's planned maintenance activities previously scheduled for the second half of 2014, as well as certain activities originally scheduled for the 2015 fall turnaround," Lipinski said. "Thanks to the hard work of our employees, the refinery resumed operations in late August within the expected time frame."

For earnings history and earnings-related data on CVR Refining, LP (CVRR) click here.



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