Cvr Energy Inc (NYSE:CVI)

CAPS Rating: 4 out of 5

CVR Energy is an independent petroleum refiner and marketer of high value transportation fuels in the mid-continental U.S. and, through a limited partnership, a producer of ammonia and urea ammonia nitrate, or UAN, fertilizers.


Player Avatar ROEoutshinesGOLD (99.34) Submitted: 1/10/2013 5:30:19 PM : Outperform Start Price: $16.94 CVI Score: +81.63

Historically, petroleum coke has been significantly less expensive than natural gas on a per ton of fertilizer produced basis and prices have been more stable when compared to natural gas prices. By using petroleum coke as the primary raw material feedstock instead of natural gas, CVR Partners’ nitrogen fertilizer business has historically been the lowest cost producer and marketer of ammonia and UAN fertilizers in North America.


1) What is the approx. estimate of "...significantly less expensive than natural gas on a per ton of fertilizer produced..." ?
2) Is it still the case, even wth the recent decline of natural gas prices?

Member Avatar ROEoutshinesGOLD (99.34) Submitted: 2/12/2013 1:17:34 PM
Recs: 0

"... Carl Icahn spent $2 billion for an 82% stake in CVR at a share price of just $35 per share in 2011 ..."

CVI relevant article & the source of the above quote:

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