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CVR Refining LP (CVR Refining LP) Beta : N/A (As of May. 17, 2024)


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What is CVR Refining LP Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-17), CVR Refining LP's Beta is Not available.


CVR Refining LP Beta Historical Data

The historical data trend for CVR Refining LP's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CVR Refining LP Beta Chart

CVR Refining LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Beta
Get a 7-Day Free Trial Premium Member Only - - 0.91 1.59 1.98

CVR Refining LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 1.98 1.98 2.05 2.25

Competitive Comparison of CVR Refining LP's Beta

For the Oil & Gas Refining & Marketing subindustry, CVR Refining LP's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVR Refining LP's Beta Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVR Refining LP's Beta distribution charts can be found below:

* The bar in red indicates where CVR Refining LP's Beta falls into.



CVR Refining LP Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


CVR Refining LP  (NYSE:CVRR) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


CVR Refining LP Beta Related Terms

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CVR Refining LP (CVR Refining LP) Business Description

Traded in Other Exchanges
N/A
Address
CVR Refining LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. The company also controls and operates logistics assets, including owned and leased pipelines; owned crude oil transports; a network of crude oil gathering tank farms; and owned and leased crude oil storage capacity, as well as combined refined products and feedstocks storage capacity. In addition, it owns pipeline system that transports crude oil from its Broome Station facility to its Coffeyville refinery.
Executives
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Janice T Develasco officer: VP-Env., Health, Safety & Sec. 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Andrew Langham director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
David Lynn Landreth officer: EVP & Chief Commercial Officer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley officer: CAO and Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Melissa M Buhrig officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Tracy Dawn Jackson officer: EVP and CFO 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Mark A Pytosh officer: EVP - Corporate Services C/O CVR PARTNERS, LP, 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Jon R Whitney director
Susan M. Ball officer: EVP, CFO and Treasurer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
John R. Walter officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Martin J Power officer: Chief Commercial Officer C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David L Lamp officer: CEO and President C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Robert W Haugen officer: EVP, Refining Operations C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479

CVR Refining LP (CVR Refining LP) Headlines

From GuruFocus

CVR Refining Announces 2018 First Quarter Earnings Call

By Marketwired Marketwired 04-12-2018

CVR Refining Announces Intent to Sell Cushing Tank Farm Assets

By Marketwired Marketwired 09-17-2018