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via finance.yahoo.comCapital Markets

Carl Icahn's CVR Energy to pay $4.2 billion for Marathon Petroleum refineries

FROM THE WIRE · FINANCE.YAHOO.COM

Carl Icahn's oil refinery, CVR Energy, said Tuesday that it's paying $4.2 billion for Marathon Petroleum refineries as earnings boom. Continue Reading

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA $4.2 billion refining deal comes as refiners post strong earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CVR Energy, Carl Icahn's oil refiner, said Tuesday it is paying $4.2 billion.
  2. 02The purchase covers Marathon Petroleum refineries.
  3. 03Refineries are posting rising earnings.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Marathon Petroleum CorporationMPCStock—Stale quotePositive Valero Energy CorporationVLOStock—Stale quoteNeutral CVR Energy, Inc.CVIStock—Stale quoteNeutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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