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CVR Energy, Inc. (CVI)

NYSE - Nasdaq Real Time Price. Currency in USD
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17.34-1.16 (-6.27%)
At close: 4:00PM EDT
17.34 0.00 (0.00%)
After hours: 04:55PM EDT
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  • S
    Stephen
    In my account, the DK shares from the spinoff currently show a cost basis of $0.00 with a purchase date of the CVI shares I own. The cash in lieu of appear as a short-term gain/loss again with no cost basis and with no initial date of purchase. I fully expect that the initial cost of my CVI purchase will be adjusted and will be allocated to the DK spinoff of shares and cash in lieu of. I do not expect that the $240 didvidend will be adjusted in the CVI cost basis.
  • K
    Kenneth
    Gosh, just look at the premarket bludgeoning CVI is taking this morning! I can’t help but feel sorry for our dear friend and fellow YMB poster Lucy who had the opportunity to sell his considerable CVI investment in the mid-50s, but instead elected to maintain his position as CVI shares cratered in 2020. I know he felt some relief and even vindication when his Uncle Carl provided the special dividend; however, the economic windfall which we had all expected to receive is quickly being eroded by the declining share price. I am glad that our dear friend Lucy was able to get in a quick vacation to South Dakota before his portfolio deteriorated further. I don’t know whether he will have the funds to visit his son in Wisconsin later this summer and wonder if we should open a “go fund me” campaign to support his potential need for additional travel funds.
  • u
    usa
    RIN prices have skyrocketed since the beginning of the year because of high feedstock costs and market uncertainty. They were trading at the highest price in the program's 13-year history before Reuters reported last week the administration was considering granting relief. RIN prices have eased by more than fifty cents since hitting $2.00 per credit last week.
  • u
    usa
    Crude prices are up today plus there is chance of RIN relief. Why is CVI down today? CVI management needs to buy back CVI share from open market.
  • u
    usa
    Billionaire David Tepper, who runs hedge fund Appaloosa Management, added this week another voice to the growing chorus of analysts and investors who are bullish on oil and oil stocks. Tepper said he was long many of the oil stocks, which are the cheapest equities right now by any measure.
  • u
    usa
    CVI needs to sell UAN and buy back shares with the huge profits they are making.
  • S
    Scotty
    so i received my DK shares and a bit of cash in lieu on june 10. when is the cash portion of this dividend supposed to be paid? or is there no cash? or has schwab screwed this one up in some fashion?
  • A
    Anthony
    Interesting observation. I bought in at $21 after announcement of dividend was made. Dividend is touted as a 20% distribution but with stock dropping to $19, I’ve effectively lost $2. Or nearly all the cash portion of the distribution. Question to myself is how long will it take for share price to rebound to $21 or above per share? Or else all I got out of this were shares of DK which will trigger tax effects when I dump.
  • B
    Bill
    What are folks going to do with DK shares? Hold or Sell? Stock's been rangebound last several months.
  • B
    Bob
    CVR. 346 mil up from 6 mil in RIN owings.

    Waiting for relief.
  • g
    gene
    Speciale dividend paid tomorrow..How does "due bills attached affect the trade in the stock?
  • D
    Daniel
    Stock lost $6 dollars $4 due to ex dividend and $2 due to manipulation!! Unreal!!!
  • u
    usa
    Crude price up to $71.16. CVI needs to stop buying UAN shares and buy CVI shares using the HUGE profits and cash flow. No point in buying UAN shares when CVI is way more profitable.
  • A
    ALPLM1
    Ok along with the DK shares we should be getting roughly $2.60 per share in cash distribution per CVI share held if my math is correct.
  • u
    usa
    CVI should stop buying UAN shares from the owners at exorbitant prices. They need to buy CVI shares instead. All shareholds should write to the board and ask to stop buy back of UAN shares. Oil is more profitable and CVI profits should be used to buy CVI sharres. UAN was just $6 few months back. This is a scan.
  • M
    Michael B
    Dk shares deposited to my account this AM. Nice. But no cash yet. fyi
  • D
    Daniel
    RIN out and this goes $50 by September
  • B
    Bob
    Look at the volume.
  • B
    Bam Bam
    I still have not received my dividends yet, has everyone else?

    If I don’t have Monday who should I call? Or what should I do?

    I have Etrade
  • P
    Polo Dog
    If the stock price drops basically the same amount as what we get paid in DK and cash dividend, then we're back to zero basically and they cancel each other out right? So, where is the upside of this payout to us? Am I missing something?