Thursday, March 20, 2014

10 Best Oil Stocks To Buy Right Now

10 Best Oil Stocks To Buy Right Now: CVR Refining LP (CVRR)

CVR Refining, LP, incorporated on September 17, 2012, is an energy limited partnership with refining and related logistics assets that operates in the mid-continent region. As of January 8, 2013, the Company owned two of only seven refineries in the underserved Group 3 of the PADD II region of the United States. It owns and operates a 115,000 barrels per day (bpd) coking medium-sour crude oil refinery in Coffeyville, Kansas and a 70,000 bpd medium complexity crude oil refinery in Wynnewood, Oklahoma capable of processing 20,000 bpd of light sour crude oils (within its 70,000 bpd capacity). In addition, it also controls and operates supporting logistics assets, including approximately 350 miles of owned pipelines, over 125 owned crude oil transports, a network of strategically located crude oil gathering tank farms, and over six million barrels of owned and leased crude oil storage capacity. On December 15, 2011, the Company's subsidiary Coffeyville Resources, LLC (Coffey ville Resources) acquired Wynnewood Energy Company, LLC, formerly Gary-Williams Energy Corporation.

The Company's Coffeyville and Wynnewood refineries are located approximately 100 miles and 130 miles from the crude oil hub at Cushing, Oklahoma. As of January 8, 2013, the Company gathered approximately 50,000 bpd of price-advantaged crudes from its gathering area, which includes Kansas, Nebraska, Oklahoma, Missouri and Texas. The Company also has 35,000 bpd of contracted capacity on the Keystone and Spearhead pipelines that allows it to supply price-advantaged Canadian and Bakken crudes to its refineries. As of January 8, 2013, the Company had 145,000 bpd pipeline system that transports crude oil from its Broome Station tank farm to its Coffeyville refinery, as well as a total of 6 million barrels of owned and leased crude oil storage capacity, including approximat! ely 6% of the total crude oil storage capacity at Cushing.

Advisors' Opinion:
  • [By Susan J. Aluise]

    CVI is structured into two Managed Limited Partnerships (MLPs): CVR Refining (CVRR) and the nitrogen fertilizer unit CVR Partners (UAN). CVR Energy owns 71% of CVR Refining and 53% of CVR Partners. This is an interesting play in the energy sector, given UAN's lower cost of ammonia and urea ammonium nitrate and CVRR's edge as an MLP refiner.

  • [By Robert Rapier]

    Icahn Enterprises (NASDAQ: IEP) led all MLPs in 2013 with a capital gain of 136 percent. IEP is an unconventional MLP involved in nine primary business segments: Investment, Automotive, Energy, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion. IEP invests in energy-related companies such as CVR Refining (NYSE: CVRR) and American Railcar Industries (Nasdaq: ARII), but nearly 60 percent of its assets are invested in the automotive sector and in investment funds. Since 2000, IEP has achieved an average annual return of 23.8 percent, and units currently yield 4.4 percent. MLP Profits subscribers had a chance at a 58 percent capital gain between the Sept. 9 Buy recommendation for IEP and its Dec. 16 liquidation from the Aggressive Portfolio.

  • [By alicet236]

    CVR Refining LP (CVRR) Reached the Five-Year Low of $22.11

    The prices of CVR Refining LP (CVRR) shares have declined to close to the five-year low of $22.11, which is 42.2% off the five-year high of $35.98. CVR Refining LP is owned by two Gurus we are tracking. Among them, zero have added to their positions during the past quarter. Zero reduced their positions. CVR Refining LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. CVR Refining LP has a market cap of $3.25 billion; its shares were traded at around $22.11 with a P/E ratio of 5.20 and P/S ratio of 0.52. The dividend yield of CVR Refining LP stoc! ks is 14.! 65%.

  • source from Top Stocks Blog:http://www.topstocksblog.com/10-best-oil-stocks-to-buy-right-now.html

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