Speculation in the market suggests that a company like CVR Energy could be in play, especially after activist investor Carl Icahnannounced a stake in the company.
But if you’re thinking that Royal Dutch could be a potential buyer, think again.
CEO Peter Voser tells us that he’s not in the market for mid-continent refiners. “We are not in the acquiring phase of refining,” he says during a live interview on Halftime.
And after the broadcast Fast Money trader Joe Terranova tells us he found the commentary significant, because there aren’t that many companies that could afford to acquire CVR.