| (USD) | Jun 2023 | Q/Q |
|---|---|---|
| Revenue | 2.2B | -2% |
| Gross Profit | 257MM | - |
| Cost Of Revenue | 2B | +3% |
| Operating Income | 224MM | -32% |
| Operating Expenses | 33MM | - |
| Net Income | 130MM | -33% |
| G&A | 32MM | -18% |
| Amortization | 1MM | -50% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
CVR Energy (CVI), Solaris Oilfield Infrastructure (SOI) and Profire Energy (PFIE) trade at valuation levels that energy investors might find highly enticing.
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The proposed transaction involves the acquisition of all outstanding units of Magellan Midstream (MMP) by ONEOK through a mixture of cash and stock.
A Deep Dive into CVR Energy's Financial Performance and Market Valuation
With oil revolving around $90 a barrel, it would be prudent to add energy stocks like Solaris Oilfield Infrastructure (SOI), CVR Energy (CVI) and Helix Energy Solutions Group (HLX).
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Halliburton (HAL) faces scrutiny over $7 million trade with Russia, risking reputation and future contracts amid geopolitical tensions.
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Chevron's (CVX) Wheatstone LNG plant in Australia resumes full production after a brief setback, with no change to scheduled LNG deliveries for the Australian market.