CVR ENERGY INC (CVI) Form 10-Q — Jul 29, 2026
CVR Energy returned to profitability in the second quarter of 2026, reporting net income of $46 million compared to a net loss of $90 million in the prior-year period. This turnaround was driven by significantly higher refining margins, which reached $193 million, and increased fertilizer sales prices, resulting in segment operating income of $5 million for Petroleum and $85 million for Nitrogen Fertilizer. The company cited elevated crack spreads and throughput volumes, partially influenced by geopolitical conflicts, as key drivers of the performance improvement. Despite the operational gains, the company faces a rapidly growing liability related to the Renewable Fuel Standard (RFS).
Key figures
- Revenue
- 2738
- Net Income
- 46
- Total Debt
- 1783
- Cash Position
- 737
- EBITDA
- 161
- RFS Liability
- 408
- Refining Margin
- 193
- Petroleum EBITDA
- 58
- Nitrogen Fertilizer EBITDA
- 107
Price after filing
Close on the filing date to close N calendar days later (from $34.07). Historical, not a forecast.
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