Castleark Management LLC raised its position in shares of CVR Energy, Inc. (NYSE:CVI) by 154.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,990 shares of the oil and gas company’s stock after acquiring an additional 38,190 shares during the period. Castleark Management LLC owned approximately 0.07% of CVR Energy worth $2,330,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP increased its holdings in shares of CVR Energy by 500.7% during the second quarter. First Trust Advisors LP now owns 95,708 shares of the oil and gas company’s stock valued at $3,540,000 after acquiring an additional 79,774 shares in the last quarter. Bridgeworth LLC acquired a new position in CVR Energy in the 2nd quarter worth approximately $166,000. US Bancorp DE increased its holdings in CVR Energy by 16.4% in the 2nd quarter. US Bancorp DE now owns 13,143 shares of the oil and gas company’s stock worth $486,000 after buying an additional 1,849 shares during the period. Brookstone Capital Management acquired a new position in CVR Energy in the 2nd quarter worth approximately $505,000. Finally, BlackRock Inc. increased its holdings in CVR Energy by 6.6% in the 1st quarter. BlackRock Inc. now owns 1,245,580 shares of the oil and gas company’s stock worth $37,642,000 after buying an additional 76,852 shares during the period.

A number of brokerages have recently commented on CVI. Goldman Sachs Group raised shares of CVR Energy from a “neutral” rating to a “buy” rating in a research note on Friday, September 7th. ValuEngine lowered CVR Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, July 11th.

Shares of NYSE:CVI traded up $0.36 during midday trading on Friday, reaching $37.88. 427,125 shares of the company’s stock were exchanged, compared to its average volume of 606,265. The company has a current ratio of 2.05, a quick ratio of 1.32 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 25.78 and a beta of 1.59. CVR Energy, Inc. has a fifty-two week low of $26.57 and a fifty-two week high of $47.67.

CVR Energy (NYSE:CVI) last announced its quarterly earnings data on Wednesday, July 25th. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.39). The company had revenue of $1.91 billion during the quarter. CVR Energy had a net margin of 5.23% and a return on equity of 8.00%.

CVR Energy Profile

CVR Energy, Inc, through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company operates through, Petroleum and Nitrogen Fertilizer segments. The Petroleum segment refines and markets transportation fuels, such as gasoline, diesel fuel, pet coke, natural gas liquids, slurry, sulfur, gas oil, asphalt, jet fuel, and other products.

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Institutional Ownership by Quarter for CVR Energy (NYSE:CVI)

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