CVR Energy (CVI) Declares $0.50 Quarterly Dividend; 4.7% Yield

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Go back to CVR Energy (CVI) Declares $0.50 Quarterly Dividend; 4.7% Yield

CVR Energy Reports 2015 Third Quarter Results And Announces Cash Dividend of 50 Cents per Share

October 29, 2015 8:31 AM EDT

SUGAR LAND, Texas, Oct. 29, 2015 /PRNewswire/ -- CVR Energy, Inc. (NYSE: CVI) today announced third quarter 2015 net income of $57.9 million, or 67 cents per diluted share, on net sales of $1,408.8 million, compared to net income of $7.9 million, or 9 cents per diluted share, on net sales of $2,279.9 million for the 2014 third quarter. Third quarter 2015 adjusted EBITDA, a non-GAAP financial measure, was $153.8 million, compared to third quarter 2014 adjusted EBITDA of $90.5 million.

For the first nine months of 2015, net income was $214.6 million, or $2.47... More

CVR Refining Reports 2015 Third Quarter Results And Announces Cash Distribution of $1.01

October 29, 2015 8:30 AM EDT

SUGAR LAND, Texas, Oct. 29, 2015 /PRNewswire/ -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced third quarter 2015 net income of $138.9 million on net sales of $1,361.6 million, compared to net income of $21.8 million on net sales of $2,215.2 million for the 2014 third quarter. Adjusted EBITDA, a non-GAAP financial measure, for the 2015 third quarter was $229.6 million, compared to adjusted EBITDA of $129.9 million for the 2014 third quarter.

For the first nine months of 2015, net income was $413.4... More