CVR Energy's Explosive 2012 Growth
In this edition, energy analysts Joel South and Taylor Muckerman talk about CVR Energy (NYSE: CVI) which makes came in as our No. 1 top-performing energy stock in 2012.
While the general dynamics of mid-continent refiners, cheap access to WTI crude, help CRV Energy gain more than 145% YTD, the story starts with Carl Icahn. The famous activist investor purchased an overwhelming majority of the company in May, pushing the share price up over 30%. After putting his stamp on the company, Icahn watched as the CVR Energy moved higher as the company's crude refiners and the company's MLP, CVR Partners (NYSE: UAN) performed at historic levels.
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The article CVR Energy's Explosive 2012 Growth originally appeared on Fool.com.Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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