Jonathan Frates - CVR Energy Independent Director

CVI Stock  USD 19.28  0.54  2.88%   

Director

Mr. Jonathan Frates is Independent Director of the Company. Mr. Frates has served as a director since 2016. Mr. Frates been a managing director at IEP since June 2018. From November 2015 until June 2018, Mr. Frates served as a portfolio company associate at IEP. Prior to joining IEP, Mr. Frates served as a senior business analyst at First Acceptance Corporationration and as an associate at its holding company, Diamond A Ford Corporationration Mr. Frates began his career as an investment banking analyst at Wachovia Securities LLC. Mr. Frates has served as Chairman of the board of directors of SandRidge Energy, Inc., an oil and natural gas company with a principal focus on exploration and production activities in the U.S., since June 2018 a director of Ferrous since December 2016 a director of UAN since April 2016 and a director of Viskase since March 2016. Mr. Frates was previously a director of ARI from March 2016 until December 2018 and a director of CVRR from March 2016 until February 2019. Ferrous, ARI, Viskase, CVR Energy, CVRR and UAN are each indirectly controlled by Mr. Icahn. Mr. Icahn also has a noncontrolling interest in SandRidge through the ownership of securities since 2016.
Age 37
Tenure 8 years
Professional MarksMBA
Address 2277 Plaza Drive, Sugar Land, TX, United States, 77479
Phone281 207 3200
Webhttps://www.cvrenergy.com
Frates received a BBA from Southern Methodist University and an MBA from Columbia Business School. Except as listed above, Mr. Frates has served on no other public company boards in the past five years. Based upon Mr. Frates’ strong financial background and experience as an analyst, we believe that Mr. Frates has the requisite set of skills to serve as a member of our Board.

CVR Energy Management Efficiency

The company has Return on Asset of 0.0244 % which means that on every $100 spent on assets, it made $0.0244 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1016 %, implying that it generated $0.1016 on every 100 dollars invested. CVR Energy's management efficiency ratios could be used to measure how well CVR Energy manages its routine affairs as well as how well it operates its assets and liabilities. The CVR Energy's current Return On Tangible Assets is estimated to increase to 0.17. The CVR Energy's current Return On Capital Employed is estimated to increase to 0.39. As of now, CVR Energy's Intangible Assets are decreasing as compared to previous years. The CVR Energy's current Net Tangible Assets is estimated to increase to about 758.8 M, while Total Assets are projected to decrease to under 3.5 B.
CVR Energy has 2.2 B in debt with debt to equity (D/E) ratio of 1.54, which is OK given its current industry classification. CVR Energy has a current ratio of 1.23, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for CVR to invest in growth at high rates of return.

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CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company was founded in 1906 and is headquartered in Sugar Land, Texas. Cvr Energy operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 1429 people. CVR Energy (CVI) is traded on New York Stock Exchange in USA. It is located in 2277 Plaza Drive, Sugar Land, TX, United States, 77479 and employs 1,566 people. CVR Energy is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification.

Management Performance

CVR Energy Leadership Team

Elected by the shareholders, the CVR Energy's board of directors comprises two types of representatives: CVR Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CVR. The board's role is to monitor CVR Energy's management team and ensure that shareholders' interests are well served. CVR Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CVR Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Landreth, Executive Vice President Chief Commercial Officer
Jaffrey Firestone, Independent Director
Carl Findley, Director Resources
Michael Wright, Chief Operating Officer, Executive Vice President
Dane CPA, CFO, VP
James Strock, Independent Director
Douglas Johnson, Executive Officer
Stephen Mongillo, Independent Director
Tracy Jackson, Chief Financial Officer, Executive Vice President, Principal Accounting Officer
Mark Pytosh, Executive Vice President - Corporate Services
Hunter Gary, Independent Director
C Johnson, Executive Vice President Chief Commercial Officer
Richard Roberts, Investor Officer
Jonathan Frates, Independent Director
Kapiljeet Dargan, Director
Dane Neumann, Chief Financial Officer, Executive Vice President
Melissa JD, General VP
David Lamp, President, Chief Executive Officer, Director
SungHwan Cho, Chairman of the Board
David Willetts, Director
Melissa Buhrig, Executive Vice President General Counsel, Secretary
Patricia Agnello, Chairman of the Board
Matthew Bley, Chief Accounting Officer and Corporate Controller
Jeffrey Conaway, Chief Accounting Officer, Vice President Controller
Mike Puddy, Senior Management

CVR Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CVR Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether CVR Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVR Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cvr Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cvr Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVR Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVR Energy. If investors know CVR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVR Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Dividend Share
1.5
Earnings Share
0.69
Revenue Per Share
78.259
Quarterly Revenue Growth
(0.27)
The market value of CVR Energy is measured differently than its book value, which is the value of CVR that is recorded on the company's balance sheet. Investors also form their own opinion of CVR Energy's value that differs from its market value or its book value, called intrinsic value, which is CVR Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVR Energy's market value can be influenced by many factors that don't directly affect CVR Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVR Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.