With shares of Kohl�� (NYSE:KSS) trading around $53, is KSS an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework.
T = Trends for a Stock’s MovementKohl’s operates department stores in the United States. Its stores offer private, exclusive, and nationally branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares targeted at middle-income customers. As of June 14, it operated 1,155 stores in 49 states. The company also provides online shopping through its website.
Kohl�� reported third-quarter earnings Thursday morning, and, like Wal-Mart (NYSE:WMT), the company�� results showed that the retail landscape is still challenging leading up to the holiday shopping season. Kohl�� earnings came in at 81 cents per share, down 10 cents from a year earlier. Kohl�� revenue fell 1 percent, to $4.44 billion. Kohl�� and Wal-Mart both plan to open their stores early for Black Friday this year. Analysts believe that this holiday season could be a big strain for retailers, as they will be forced to offer large discounts in order to attract shoppers, according to The Wall Street Journal.
10 Best Healthcare Equipment Stocks To Own For 2015: Host Hotels & Resorts Inc (HST)
Host Hotels & Resorts, Inc (Host Inc), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT. Host Inc. owns properties and conducts operations through Host Hotels & Resorts, L.P. (Host L.P.) of which Host Inc. is the sole general partner and in which it holds approximately 98.6% of the partnership interests (OP units) as of December 31, 2012. As of February 25, 2013, the Company had 118 primarily luxury and upper-upscale hotels containing approximately 62,600 rooms, with the majority located in the United States of America, and 15 properties located outside of the United States of America, in Canada, New Zealand, Chile, Australia, Mexico and Brazil. In addition, the Company owns non-controlling interests in two international joint ventures: a joint venture in Europe, which owns 19 luxury and upper upscale hotels with approximately 6,100 rooms in France, Italy, Spain, The Netherlands, the United Kingdom, Belgium, Poland and Germany; and a joint venture in Asia/Pacific, which owns one hotel in Australia and minority interests in two operating hotels in India and five additional hotels in India under development. In June 2013, the Company announced that it acquired the fee-simple interest in the 426-room Hyatt Place Waikiki Beach in Honolulu. In July 2013, the Company sold the 336-room Ritz-Carlton, San Francisco to an investment vehicle sponsored by Thayer Lodging Group. In January 2014, Host Hotels & Resorts Inc sold an 89% interest in the entity that owns the Philadelphia Marriott Downtown (the Hotel).
The Company's other real estate joint ventures include the development of a 225-room Hyatt Place in Nashville, Tennessee, and the development of a 131-unit vacation ownership project in Maui, Hawaii adjacent to the Company's Hyatt Regency Maui Resort & Spa. The Company has 118 hotels in its portfolio, primarily consisting of luxury and upper upscale properties. These properties typically include meeting and banquet facilities, a variety of restaurants and! lounges, swimming pools, exercise facilities and spas, gift shops and parking facilities.
Advisors' Opinion:- [By Diane Alter]
Dividend Stocks That Increased Payout in September
Accenture plc (NYSE: ACN) announced a 14.8%, or $0.12 per share, increase to its semiannual dividend. The management consulting firm will now pay a semiannual dividend of $0.93. Shares yield 2.53%. Agruim Inc. (NYSE: AGU) boosted its dividend by $1.00 per share to a total dividend of $3.00 on an annualized basis. Shares of the global retailer of agricultural products now sprout a 3.54% yield. Air Industries Group Inc. (NYSE: AIRI) doubled its dividend to $0.125 per share. The maker of airplane and helicopter parts now floats a lofty yield of 6.6%. Alexandria Real Estate Equities Inc. (NYSE: ARE) upped its dividend 4.6% to $0.68 per quarter for a yield of 4.21%. Banner Corp. (Nasdaq: BANR) boosted its quarterly dividend 25% to $0.15 per share. The parent company of Banner and Islander Bank serves the Pacific Northwest region. Brady Corp. (NYSE: BRC) lifted its quarterly dividend 2.6% to $0.78 per share. It was the 28th straight dividend increase from the identification solutions company. Shares yield 2.57%. Campbell Soup Co. (NSE: CPB) raised its quarterly dividend to $0.31 per share, up from $0.29. The company last raised its dividend in November 2010. Shares yield a hearty 3.06%. CLARCOR Inc. (NYSE: CLC) raised its quarterly dividend 26% to $0.17 per share. It's the largest percentage increase from the Tennessee-based diversified marketer of mobile filtration and packaging products in the last 20 years, and it continues the company's consecutive streak of increasing dividends for the last 30 years. Franklin Resources Inc. (NYSE: BEN) boosted its quarterly dividend 2.6% to $0.10 per share. Frisch's Restaurants Inc. (NYSE: FRS) increased its quarterly dividend 12.5% to $0.18. Shares yield 3.10% The Goodyear Tire & Rubber Company (NYSE: GT), in a move that suggests good times are ahead, reinstated its dividend at $0.05 per share. Good
Hot Managed Healthcare Companies To Buy Right Now: Dividend and Income Fund (DNI)
Dividend and Income Fund (the Fund) is a closed end management investment company. The Fund focuses to invest, at least 50% of its total assets in equity securities, including dividend paying common stocks, convertible securities, preferred stocks, securities of registered and unregistered investment companies (including, but not limited to, closed end and open end management investment companies, and business development companies) (collectively, investment companies), exchange traded funds organized as investment companies or otherwise, real estate investment trusts, depositary receipts, and other equity related securities (collectively, Income Generating Equity Securities). The Fund may invest in fixed income securities, including bonds issued by domestic and foreign corporate entities and U.S. government securities. Bexil Advisers LLC acts as the Investment Manager of the Fund. Advisors' Opinion:- [By Dividends4Life]
According to a Gabelli Funds report, managed distribution policies offer several advantages, including:1. Lower difference between the fund�� market price and its NAV per share.2. Provides support during periods when the stock market is in a decline.3. Provides a measurable performance target for the investment adviser.Below are several high-yield funds from CEFA that have a managed distribution policy (yields as of December 16):Aberdeen Australia Eqty (IAF)- Distribution Yield: 10.4%- Income Yield: 3.46%Bexil Advisers LLC� (DNI)- Distribution Yield: 11.1%- Income Yield: 3.56%BlackRock En Capital&Inc (CII)- Distribution Yield: 8.78%- Income Yield: 2.34%Cornerstone Strat Value (CLM)- Distribution Yield: 18.77%- Income Yield: 1.83%Cornerstone Total Return (CRF)- Distribution Yield: 19.10%- Income Yield: 0.85%Delaware Inv Div & Inc (DDF)- Distribution Yield: 6.70%- Income Yield: 5.26%Gabelli Equity Trust (GAB)- Distribution Yield: 7.58%- Income Yield: 1.54%Gabelli Utility Trust (GUT)- Distribution Yield: 9.45%- Income Yield: 2.84%MFS Special Value Trust (MFV)- Distribution Yield: 9.60%- Income Yield: 5.73%Nuveen Tx-Adv TR Strat (JTA)- Distribution Yield: 6.70%- Income Yield: 3.12%TCW Strategic Income (TSI)- Distribution Yield: 10.54%- Income Yield: 7.88%Zweig Total Return (ZTR)- Distribution Yield: 7.27%- Income Yield: 1.95%As noted in the Gabelli report, a managed distribution policy may create confusion regarding the true current yield since the reported yield includes the return of capital portion. You can see the disparity above between the income yield and the distribution (reported) yield.If you are looking for a sustainable and growing dividend, you may want to consider some blue-chip dividend stocks such as these with a Free Cash Flow Payout less than 50%, 50+ years of consecutive dividend increases and a 2%+ yield:3M Co. (MMM) is a diversified global company provides enhanced product functionality in electronics, health care, industrial, consumer
Hot Managed Healthcare Companies To Buy Right Now: Energy Transfer Equity L.P. (ETE)
Energy Transfer Equity, L.P., through its direct and indirect investments in the limited partner and general partner interests in Energy Transfer Partners, L.P., engages in midstream, intrastate, and interstate transportation of natural gas, as well as in storage of natural gas in the United States. The company?s Intrastate Transportation and Storage segment engages in the ownership and operation of natural gas transportation pipelines and natural gas storage facilities. As of December 31, 2009, it owned and operated approximately 7,800 miles of natural gas transportation pipelines and 3 natural gas storage facilities. This segment sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies on the Houston pipeline system. Its Interstate Transportation segment involves owns and operates interstate natural gas pipeline. It owned and operates approximately 2,700 miles of interstate natura l gas pipeline with an additional 180 miles under construction. The company?s Midstream segment engages in the ownership and operation of in service natural gas gathering pipelines, natural gas processing plants, natural gas treating facilities, and natural gas conditioning facilities. This segment owned and operated approximately 7,000 miles of in service natural gas gathering pipelines, 3 natural gas processing plants, 11 natural gas treating facilities, and 11 natural gas conditioning facilities. Its Retail Propane segment operates a retail distribution network consisting of approximately 440 customer service locations in approximately 40 states. The company was formerly known as La Grange Energy, L.P. Energy Transfer Equity, L.P. was founded in 2002 and is based in Dallas, Texas.
Advisors' Opinion:- [By codyeustice1@google] global banking and financial service company with its headquarters in Athens, Greece. The bank offers financial products, and services, brokerage, insurance, asset management, shipping finance, leasing and factoring markets. It was founded by Swiss banker Jean-Gabriel Eynard and George Starvros in 1841 as a commerical bank. From its inception until the establishment of the Bank of Greece in 1928, it had the right to issue banknotes. The bank listed on the Athens Stock Exchange right after its founding in the 1880s.
Company History & Operations
National Bank of Greece was formed in 1841 in Athens, making it the oldest bank in the country. It wasn't government owned from its inception, but had the right of note issue, which it lost in 1928 when Greece established its own central bank. The bank in 1899 aquired the Privileged Bank of Epirus and Thessaly.
At the beginning of the 20th century the bank began its international expansion. In 1956 the bank aquired the Bank of Athens, which was at the time the second largest bank in Greece. The bank in 1965 aquired the Greek Tapeza Epagelmatikis Pristis (Professional Credit Bank). In 1966 bank governor Georgios Mavros founded the National Bank of Greece Cultural Foundation. Since the 1999 the bank has been listed on the New York Stock Exchange. In banking it sold all its operations in Canada to the Bank of Nova Scotia in 2005. The next year the bank sold its U.S. arm, Altantic Bank of New York, to New York Community Bancorp for $400 million (EUR 331 million) in cash. It used the proceeds from these sells to finance aquisitions in Southern Europe.
The National Bank of Greece has suffered since the the Greek government debt crisis. It had to write off more then $19 billion in debt. The bank has over 500 branches in Greece, Australia, Egypt and the UK. It has banking subidiaries in Albania, Bulgaria, Cyprus, South Africa, Turkey, etc.
Finances
The bank has an 8% of capital adequacy ra
- [By Roberto Pedone]
Energy Transfer Equity (ETE) owns and operates natural gas gathering systems, natural gas intrastate pipeline systems and gas processing plants. This stock closed up 1.8% at $66.21 in Wednesday's trading session.
Wednesday's Volume: 4.58 million
Three-Month Average Volume: 1.28 million
Volume % Change: 321%From a technical perspective, ETE spiked higher here right off some near-term support at $63.90 with heavy upside volume. This move pushed shares of ETE into new 52-week high territory, since the stock took out some resistance at $66.97. At last check, ETE hit an intraday high of $67.90 with volume that was substantially above its three-month average action of 1.28 million shares.
Traders should now look for long-biased trades in ETE as long as it's trending above support at $63.90 or above more support at $62 and then once it sustains a move or close above its new 52-week high at $67.90 with volume that's near or above 1.28 million shares. If we get that move soon, then ETE will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $70 to $75.
- [By Paul Quintaro]
Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) (collectively, ��nergy Transfer�� and BG Group announced today that they have entered into a project development agreement (PDA) to jointly develop the liquefied natural gas (LNG) export project at the existing Trunkline LNG import terminal in Lake Charles, Louisiana.
- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
Midstream energy company Targa Resources Corp.(TRGP) said it had terminated “high-level preliminary discussions” on a potential merger with Energy Transfer Equity LP(ETE). Targa shares dropped 9.7% to $136 premarket.
Hot Managed Healthcare Companies To Buy Right Now: Piedmont Office Realty Trust Inc.(PDM)
Piedmont Office Realty Trust, Inc. engages in the acquisition and ownership of commercial real estate properties in the United States. Its property portfolio primarily consists of office and industrial buildings, warehouses, and manufacturing facilities. As of December 31, 2007, the company owned interests in 83 properties that are wholly owned and controlled through consolidated joint ventures. It has elected to be taxed as a real estate investment trust and would not be subject to federal income tax, if it distributes approximately 90% of its taxable income to its shareholders. The company was incorporated in 1997 and is headquartered in Norcross, Georgia.
Advisors' Opinion:- [By Brad Thomas]
Other REITs mentioned: (O), (NNN), (STAG), (DCT), (EGP), (PDM), (DRE), (LRY)
Source: Chambers Street: More Liquidity Magic On The Way In REIT-DomDisclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More...)
- [By alicet236]
Piedmont Office Realty Trust Inc. (PDM) Reached the Five-Year Low of $16.73
The prices of Piedmont Office Realty Trust Inc. (PDM) shares have declined to close to the 5-year low of $16.73, which is 32.6% off the five-year high of $21.32. Piedmont Office Realty Trust, Inc. is owned by one Guru we are tracking. Among them, 0 have added to their positions during the past quarter. One reduced their position. Piedmont Office Realty Trust Inc., a Maryland corporation was incorporated in 1987. Piedmont Office Realty Trust Inc. has a market cap of $2.7 billion; its shares were traded at around $16.73 with a P/E ratio of 33.10 and P/S ratio of 5.02. The dividend yield of Piedmont Office Realty Trust Inc. stocks is 4.78%. Piedmont Office Realty Trust Inc. had an annual average earnings growth of 27.60% over the past five years.
Hot Managed Healthcare Companies To Buy Right Now: AutoZone Inc.(AZO)
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company?s stores offer various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its automotive hard parts product line includes A/C compressors, batteries and accessories, belts and hoses, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition, lighting, mufflers, starters and alternators, water pumps, radiators, and thermostats. The company?s maintenance items include antifreeze and windshield washer fluid; brake drums, rotors, shoes, and pads; chemicals, including brake and power; steering fluid, oil, and fuel additives; oil and transmission fluids; oil, air, fuel, and transmission filters; oxygen sensors; paint and accessories; refrigerant and accessories; shock absorbers and struts; spark plugs and wires; and windshield wiper s. Its discretionary product line comprises air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products. The company also offers commercial sales program that provides the delivery of parts and other products to local, regional, and national repair garages, dealers, service stations, and public sector accounts. In addition, it sells the ALLDATA brand automotive diagnostic and repair software through the Website, alldata.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through the Website, autozone.com. As of May 7, 2011, the company operated 4,467 stores in the United States and Puerto Rico, and 261 stores in Mexico. AutoZone, Inc. was founded in 1979 and is based in Memphis, Tennessee.
Advisors' Opinion:- [By Ben Levisohn]
Autozone�(AZO) has dropped 0.6% to $412 after the company reported a profit of $10.42 a share, beating analyst forecasts of $10.33.
- [By Ben Levisohn]
AutoZone’s (AZO) earnings have investors puzzled as to whether they should buy or sell.
Reuters�The Wall Street Journal has the goods on AutoZone’s report:
For the quarter ended Aug. 31, AutoZone reported a profit of $371.2 million, or $10.42 a share, up from $323.7 million, or $8.46 a share, a year earlier. Excluding an additional week of sales in the latest period, earnings were $9.76 a share.
Net sales improved 12% to $3.1 billion. Sales at stores open at least one year rose 1%.
Analysts polled by Thomson Reuters had most recently forecast per-share earnings of $10.34 on revenue of $3.09 billion.
Gross margin stayed at 51.8%.
The first reaction: Sell. In pre-open trading this morning, shares of Autozone had dropped 0.6% by 8:30 a.m. But they the stock soon rallied back into positive territory and was trading higher by 0.3% at 9:15. At the open, shares traded up as much as 1%, before falling into the red.�Citigroup’s�Kate McShane�digs into the results, which were decidedly mixed:
…the beat was driven by revenue growth of +12.0% y/y (vs. our +7.1%) and lower tax rate of 35.5% (vs. our 36.8%), partially offset by flat y/y gross margins (vs. our +117bps) and operating margin expansion of +29bps y/y (vs. our +143bps). Excluding the 17th�week, sales would have been +5.6% y/y and EPS of $9.76.
Autozone also said its same-store sales rose just 1%, lower than McShanes estimate of a 3% increase and the analyst consensus of 2.5%.
Autozone has gained 17% this year, but is off by 1.9% during the past month, both of which have lagged the S&P 500. Perhaps that explains the muted reaction to the report. With investors not expecting much, a mixed report is just–a mixed report.
Autozone has dropped 0.3% to $413.22 �, while�Pep Boys (PBY) has gained 0.2% to $12.19 , Advanced Auto Parts�(AAP) has risen 0.3% to $80.35, and O’Reilly Automotive (ORLY) has advan
- [By James E. Brumley]
O'Reilly Automotive Inc. (NASDAQ:ORLY), AutoZone, Inc. (NYSE:AZO), The Pep Boys - Manny, Moe & Jack (NYSE:PBY), and Advance Auto Parts, Inc. (NYSE:AAP) may all technically be in the same business, but they're hardly in the same proverbial boat. In fact, their performances - sales and earnings - are oddly disparate. Which among PBY, AZO, ORLY, and AAP are the winners and the losers, and perhaps more important, why? The question can at least partially be answered by a chart, and what the chart can't tell us about each, the narrative can.
O'Reilly Automotive - [By Sue Chang and Ben Eisen]
O��eilly Automotive Inc. (ORLY) �shares advanced 9.2% after it reported fourth-quarter earnings of $1.40 a share, above the $1.33 forecast by analysts. Shares of automotive parts retailer AutoZone Inc. (AZO) �rose 5.5%.
Hot Managed Healthcare Companies To Buy Right Now: CVR Energy Inc (CVI)
CVR Energy, Inc. (CVR Energy), incorporated September 2006, through its wholly owned subsidiaries, acts as an independent petroleum refiner and marketer of transportation fuels in the mid-continental United States. In addition, the Company, through its majority-owned subsidiaries, acts as an independent producer and marketer of nitrogen fertilizer products in North America. As of December 31, 2011, the Company owned the general partner and approximately 70% of CVR Partners, LP (the Partnership), a limited partnership which produces nitrogen fertilizers in the form of ammonia and an aqueous solution of urea and ammonium nitrate used as a fertilizer (UAN). The Company operates in two segments: the petroleum segment and the nitrogen fertilizer segment. On December 15, 2011, the Company acquired Gary-Williams Energy Corporation and its subsidiaries (GWEC).
Petroleum Business
The Company operates a 115,000 barrels per day complex full coking medium-sour crude oil refinery in Coffeyville, Kansas and, as of December 15, 2011, a 70,000 barrels per day crude oil unit refinery in Wynnewood, Oklahoma. Its combined production capacity represents approximately 15% of its region's output during the year ended December 31, 2011. The Coffeyville facility is situated on approximately 440 acres in southeast Kansas, approximately 100 miles from Cushing, Oklahoma, a crude oil trading and storage hub. The Wynnewood facility is situated on approximately 400 acres located approximately 65 miles south of Oklahoma City, Oklahoma and approximately 130 miles from Cushing, Oklahoma. During 2011, its Coffeyville refinery's product yield included gasoline (mainly regular unleaded) (44%), diesel fuel (42%), and pet coke and other refined products, such as natural gas liquids (NGL) (propane and butane), slurry, sulfur and gas oil (14%). Its Wynnewood refinery's product yield included gasoline (54%), diesel fuel (31%), asphalt (6%), jet fuel (3%) and other products (6%) during 2011.
The Company! owns and operates a crude oil gathering system serving Kansas, Oklahoma, western Missouri and southwestern Nebraska. The system has field offices in Bartlesville, Oklahoma, Plainville, Kansas and Winfield, Kansas. The system consists of approximately 350 miles of feeder and trunk pipelines, 100 trucks, and associated storage facilities for gathering sweet crude oils purchased from independent crude oil producers in Kansas, Nebraska, Oklahoma and Missouri. It also leases a section of a pipeline from Magellan Midstream Partners, L.P. (Magellan), which is incorporated into its crude oil gathering system. During 2011, the Company�� crude oil gathering system had a gathering capacity of approximately 38,000 barrels per day. During 2011, it gathered an average of approximately 35,000 barrels per day.
CVR Energy owns a pipeline system capable of transporting approximately 145,000 barrels per day of crude oil from Caney, Kansas to its refinery. Crude oils sourced outside of its gathering system are delivered by common carrier pipelines into various terminals in Cushing, Oklahoma, where they are blended and then delivered to Caney, Kansas via a pipeline owned by Plains Pipeline L.P. (Plains). The Company also owns associated crude oil storage tanks with a capacity of approximately 1.2 million barrels located outside its Coffeyville refinery, 0.5 million barrels of crude oil storage at Wynnewood, Oklahoma, and lease an additional 3.3 million barrels of storage capacity located at Cushing, Oklahoma and other locations. In addition to crude oil storage, it owns approximately 4.5 million barrels of combined refinery related storage capacity.
CVR Energy has access to foreign crude oil from Latin America, South America, West Africa, the Middle East, the North Sea and Canada. It purchases domestic crude oil from Kansas, Oklahoma, Nebraska, Texas, North Dakota, Missouri, and offshore deepwater Gulf of Mexico production. During 2011, its Coffeyville crude oil supply blend consisted of approx! imately 8! 0% light sweet crude oil, 2% light/medium sour crude oil and 18% heavy sour crude oil. During 2011, Wynnewood's crude oil supply blend consisted of approximately 88% sweet crude oil and 12% light/medium sour crude oil.
During 2011, approximately 35% of the Coffeyville refinery's products were sold through the rack system directly to retail and wholesale customers, while the remaining 65% was sold through pipelines via bulk spot and term contracts. The Company makes bulk sales (sales into third party pipelines) into the mid-continent markets via Magellan and into Colorado and other destinations utilizing the product pipeline networks owned by Magellan, Enterprise Products Operating, L.P. (Enterprise) and NuStar Energy, LP (NuStar). Approximately 60% of the Wynnewood refinery's finished products sold are distributed in Oklahoma. Customers for its petroleum products include other refiners, convenience store companies, railroads and farm cooperatives.
The Company competes with BP, Conoco Phillips, HollyFrontier, NCRA, Valero, Flint Hills Resources, CHS and Shell.
Nitrogen Fertilizer Business
The nitrogen fertilizer business, operated by the Partnership, is the nitrogen fertilizer plant in North America. It utilizes a pet coke gasification process to produce nitrogen fertilizer. The nitrogen fertilizer facility's primary input is pet coke. The nitrogen fertilizer facility includes a 1,225 ton-per-day ammonia unit, a 2,025 ton-per-day UAN unit and a gasifier complex having a capacity of 84 million standard cubic feet per day. Linde LLC (Linde) owns, operates, and maintains the air separation plant that provides contract volumes of oxygen, nitrogen and compressed dry air to the gasifier for a monthly fee.
The primary geographic markets for the nitrogen fertilizer business' fertilizer products are Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado and Texas. The nitrogen fertilizer business markets the ammonia products to industrial and agricu! ltural cu! stomers and the UAN products to agricultural customers. The nitrogen fertilizer business sells ammonia to agricultural and industrial customers. Agricultural customers include distributors such as MFA, United Suppliers, Inc., Brandt Consolidated Inc., Gavilon Fertilizer LLC, Transammonia, Inc., Agri Services of Brunswick, LLC, Interchem and CHS Inc. Industrial customers include Tessenderlo Kerley, Inc., National Cooperative Refinery Association, and Dyno Nobel, Inc. The nitrogen fertilizer business sells UAN products to retailers and distributors.
The Company competes with Agrium, Koch Nitrogen, Potash Corporation and CF Industries.
Advisors' Opinion:- [By Robert Rapier]
CVR Partners’ fertilizer plant is located in Coffeyville, Kansas, adjacent to the refinery owned by CVR Refining (NYSE: CVRR). CVR Energy (NYSE: CVI), majority-owned by Carl Icahn via Icahn Enterprises (NYSE: IEP), is the general partner and owns most of the units for both CVR Partners and CVR Refining.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, petroleum refiner CVR Energy (NYSE: CVI ) has earned a respected four-star ranking.
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