CVR Refining (CVRR) Declares $0.90 Quarterly Dividend; 20.1% Yield

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Go back to CVR Refining (CVRR) Declares $0.90 Quarterly Dividend; 20.1% Yield

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

October 24, 2018 4:30 PM EDT

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 million for the third quarter of 2017. Adjusted EBITDA for the 2018 third quarter was $221 million compared to adjusted EBITDA of $139 million for the 2017 third quarter.

For the first nine months of 2018, net income was $439 million on net sales of $5,139 million, compared to net income of $118... More