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Cvr Refining, Lp  (CVRR)
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    Sector  Energy    Industry Oil Refineries
   Industry Oil Refineries
   Sector  Energy
 

Cvr Refining Lp's Customers Performance

CVRR

 
CVRR's Source of Revenues Cvr Refining Lp's Corporate Customers have recorded a rise in their cost of revenue by 25.21 % in the 3 quarter 2018 year on year, sequentially costs of revenue were trimmed by -1.62 %. During the corresponding time, Cvr Refining, Lp recorded revenue increase by 34 % year on year, sequentially revenue grew by 1.81 %. While revenue at the Cvr Refining, Lp's corporate clients recorded rose by 25.86 % year on year, sequentially revenue grew by 2.52 %.

List of CVRR Customers




Cvr Refining Lp's Customers have recorded a rise in their cost of revenue by 25.21 % in the 3 quarter 2018 year on year, sequentially costs of revenue were trimmed by -1.62 %, for the same period Cvr Refining, Lp recorded revenue increase by 34 % year on year, sequentially revenue grew by 1.81 %.

List of CVRR Customers


   
Customers Net Income grew in Q3 by Customers Net margin fell to %
20.87 % 7.06 %



Cvr Refining Lp's Customers, Q3 2018 Revenue Growth By Industry
Customers in Chemical Manufacturing Industry      21.08 %
Customers in Chemicals - Plastics & Rubber Industry      7.88 %
Customers in Miscellaneous Fabricated Products Industry      4.03 %
Customers in Construction Raw Materials Industry      0.65 %
Customers in Construction Services Industry -1.65 %   
Customers in Industrial Machinery and Components Industry      231.44 %
Customers in Auto & Truck Parts Industry -52.73 %   
Customers in Oil And Gas Production Industry      39.05 %
Customers in Oil & Gas Integrated Operations Industry      47.2 %
Customers in Oil Refineries Industry      26.94 %
Customers in Investment Services Industry      3.49 %
Customers in Real Estate Investment Trusts Industry      3.94 %
Customers in Medical Equipment & Supplies Industry      8.47 %
Customers in Professional Services Industry  
Customers in Transport & Logistics Industry      3.12 %
Customers in Electric Utilities Industry -5.63 %   
Customers in Natural Gas Utilities Industry      22.48 %
Customers in Automotive Aftermarket Industry      17.05 %
     
• Customers Valuation • Customers Mgmt. Effect.


Cvr Refining Lp's Comment on Sales, Marketing and Customers



Customers for our refined petroleum products primarily include retailers, railroads and farm cooperatives and other refiners/marketers in Group 3 of the PADD II region because of their relative proximity to our refineries and pipeline access. We sell bulk products to long-standing customers at spot market prices based on a Group 3 basis differential to prices quoted on the New York Mercantile Exchange ("NYMEX"), which are reported by industry market-related indices such as Platts and Oil Price Information Service.

We also have a rack marketing business supplying product through tanker trucks directly to customers located in proximity to our Coffeyville and Wynnewood refineries, as well as to customers located at throughput terminals on refined products distribution systems run by Magellan and NuStar. Rack sales are at posted prices that are influenced by competitor pricing and Group 3 spot market differentials. Additionally, our Wynnewood refinery supplies jet fuel to the U.S. Department of Defense. In addition, our Coffeyville refinery sells hydrogen and a by-product of its refining operations, such as petroleum coke, to an affiliate, CVR Partners, pursuant to separate multi-year agreements. Our largest customer accounted for approximately 19% of our net sales while approximately 52% of our net sales were made to our ten largest customers. While we do have a high concentration of customers, we do not believe that the loss of any single customer would have a material adverse impact on our results of operations, financial condition and the ability to make cash distributions.