CVR Refining (CVRR) Misses Q1 EPS by 10c

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CVR Refining Reports 2016 First Quarter Results

April 28, 2016 8:32 AM EDT

SUGAR LAND, Texas, April 28, 2016 /PRNewswire/ -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced a net loss of $68.0 million on net sales of $834.0 million for the first quarter of 2016, compared to net income of $46.7 million on net sales of $1,304.4 million for the first quarter of 2015. Net income for the 2016 first quarter was negatively impacted by the downtime associated with the final phase of a major scheduled turnaround at the Coffeyville refinery.

Adjusted EBITDA, a... More

CVR Energy Reports 2016 First Quarter Results And Announces Cash Dividend of 50 Cents

April 28, 2016 8:31 AM EDT

SUGAR LAND, Texas, April 28, 2016 /PRNewswire/ -- CVR Energy, Inc. (NYSE: CVI) today announced a net loss of $16.2 million, or 19 cents per diluted share, on net sales of $905.5 million for the first quarter of 2016, compared to net income of $54.9 million, or 63 cents per diluted share, on net sales of $1,388.9 million for the 2015 first quarter. Net income for the 2016 first quarter was negatively impacted by the downtime associated with the final phase of a major scheduled turnaround at CVR Refining's Coffeyville refinery.

First quarter 2016... More