Previous Close | 10.80 |
Open | 10.80 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 24.00 |
Expire Date | 2024-12-20 |
Day's Range | 10.80 - 14.20 |
Contract Range | N/A |
Volume | |
Open Interest | 6 |
HOUSTON (Reuters) -Oil refiner CVR Energy, controlled by billionaire investor Carl Icahn, has submitted a binding offer in an ongoing auction of shares in the parent of Venezuela-owned Citgo Petroleum, according to three people familiar with the matter. CVR operates two U.S. refineries, the 115,000 barrel-per-day (bpd) Coffeyville in Kansas, and the 75,000-bpd Wynnewood in Oklahoma. The court has so far accepted bids from CVR, trading house Vitol and others as part of the historic sale process of one of the parents of Citgo, the seventh largest U.S. oil refiner.
Key Insights The projected fair value for CVR Energy is US$30.94 based on 2 Stage Free Cash Flow to Equity Current...
Carl Icahn-controlled oil refiner CVR Energy on Tuesday said second quarter petroleum throughout would fall about 8% in the wake of an April 28 fire at its Wynnewood, Oklahoma, refinery. Capital expenses for petroleum operations will range between $35 million and $50 million, from $42 million in the first quarter, it said in a statement.