CVR Refining (CVRR) Tops Q4 EPS by 1c

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Go back to CVR Refining (CVRR) Tops Q4 EPS by 1c

CVR Refining Reports 2016 Fourth Quarter and Full Year Results

February 16, 2017 8:30 AM EST

SUGAR LAND, Texas, Feb. 16, 2017 /PRNewswire/ -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced net income of $15.3 million on net sales of $4,431.3 million for full year 2016, compared to net income of $291.2 million on net sales of $5,161.9 million for full year 2015. Adjusted EBITDA, a non-GAAP financial measure, for full year 2016 was $222.8 million, compared to adjusted EBITDA of $602.0 million for the previous year.

For the fourth quarter of 2016, the company... More