More Good Fortune for Carl Icahn's CVR Energy
CVR Energy has more than doubled in price since Carl Icahn purchased a majority stake in the company. It has joined other mid-continent refiners as the top energy performers in 2012 as the group took advantage of discounted feedstocks to increase refining margins to impressive highs. The new holding company looks to continue its run as long as WTI and Western Canadian Select crude benchmarks remain significantly discounted to the international Brent price.
The Fool's Joel South and Taylor Muckerman have more in the following video.
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The article More Good Fortune for Carl Icahn's CVR Energy originally appeared on Fool.com.Joel South, Taylor Muckerman, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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