CVR Energy (CVI) Stock News

CVR Energy (NYSE: CVI) priced a private placement of $600 million 7.500% senior unsecured notes due Feb 15, 2031 and $400 million 7.875% senior unsecured notes due Feb 15, 2034.

The notes are issued at par, jointly and severally guaranteed by certain domestic subsidiaries, and are expected to close on February 12, 2026. Proceeds will repay the senior secured term loan, redeem the 8.500% 2029 notes, and redeem $217 million of the 5.750% 2028 notes.

CVR Energy (NYSE: CVI)/b) announced a planned private placement of aggregate principal amount of senior unsecured notes due 2031 and due 2034, to be guaranteed by certain domestic subsidiaries. The company intends to use net proceeds and existing liquidity to repay its Term Loan, redeem all 8.500% notes due 2029, and redeem $217 million of 5.750% notes due 2028. The offering will be made under Rule 144A and Regulation S to qualified institutional buyers and non-U.S. persons, is subject to market conditions, and may not be consummated as described.

CVR Partners (NYSE:CVI) provided preliminary estimated Q4 and full-year 2025 results. Management noted a planned Coffeyville turnaround finished in early November but startup was delayed by downtime at a third-party air separation unit, while Q4 nitrogen fertilizer demand and pricing remained robust.

Key preliminary ranges: Q4 EBITDA $15–$25M, FY 2025 EBITDA $206–$216M; Q4 net loss range $(14)M to $(7)M and FY net income $95–$102M; ammonia utilization Q4 ~60–65% vs FY 87–89%; cash $65–$75M; total long-term debt and finance lease obligations $550–$600M.

CVR Energy (NYSE: CVI) reported preliminary estimated results for Q4 and full-year 2025. The company expects a Q4 consolidated net loss of $125M to $110M (net income attributable to stockholders $(120M) to $(105M)) and full-year net income of $81M to $96M (attributable $17M to $32M). Management cited accelerated depreciation from reverting the Wynnewood renewable diesel unit to hydrocarbon processing and reduced fertilizer volumes from a planned Coffeyville turnaround and delayed restart as drivers of the Q4 loss. Preliminary EBITDA ranges: Q4 $40M–$60M, FY2025 $580M–$600M; Adjusted EBITDA: Q4 $78M–$102M, FY2025 $380M–$404M. Refining throughput was ~210,000–220,000 bpd in Q4 and FY throughput ~180,000–183,000 bpd. Cash ~$500M–$520M; total long-term debt ~$1.7B–$1.8B. Results are preliminary and subject to audit.

CVR Energy (NYSE: CVI) said subsidiaries prepaid $75 million of the senior secured term loan on Dec 31, 2025, leaving approximately $165 million of outstanding principal. The company said this payment represents a 50% paydown of the term loan issued in December 2024.

CVR provided preliminary consolidated 2026 capital spending guidance of $200 million to $240 million, with segment totals (low–high): Petroleum $130–145M, Nitrogen Fertilizer $60–75M, and Other $5–20M. The company noted renewables capex will be minimal after reverting a renewable diesel unit to hydrocarbon processing in December 2025.

CVR Partners (NYSE:CVI) announced preliminary 2026 capital spending of $60 million to $75 million.

Estimated 2026 spending by category: maintenance capital $35M–$45M and growth capital $25M–$30M. Management said 2026 growth projects include an ammonia expansion and feedstock diversification at the Coffeyville facility, water quality upgrades at both plants, and expansion of diesel exhaust fluid (DEF) production and loadout capacity. The company said these projects aim to improve reliability, increase production rates, and support a target of operating plants at above 95% of nameplate capacity (excluding turnarounds).

CVR Energy (NYSE: CVI) reported third quarter 2025 results with net income attributable to CVR Energy stockholders of $374 million and EBITDA of $625 million. Earnings per diluted share were $3.72 and adjusted EPS was $0.40, compared to a loss in the year-ago quarter. The company recognized a $488 million benefit from the EPA’s August 2025 SRE decision that removed related liability. Consolidated cash was $670 million and total debt was $1.8 billion at September 30, 2025. CVR Partners declared a $4.02 per-unit cash distribution payable November 17, 2025. The company plans RDU reversion to hydrocarbon service in December 2025.

CVR Partners (NYSE: UAN) reported Q3 2025 net income of $43 million (or $4.08 per common unit) and EBITDA of $71 million on net sales of $164 million. Management cited safe, reliable operations and a combined ammonia production rate of 95%. The Board declared a Q3 2025 cash distribution of $4.02 per common unit, payable Nov 17, 2025 to holders of record Nov 10, 2025. Production totaled 208,000 tons of ammonia and 337,000 tons of UAN during the quarter. Average realized gate prices rose to $531/ton for ammonia (+33% YoY) and $348/ton for UAN (+52% YoY).

CVR Partners (NYSE: UAN) will release Q3 2025 earnings on Wednesday, October 29, 2025 after market close. The partnership will host a teleconference on Thursday, October 30, 2025 at 11:00 a.m. Eastern to discuss results; the call will include forward-looking information and will be webcast live.

Investors can access the webcast and archived materials on the Investor Relations section of www.CVRPartners.com. Dial-in for the live call is (800) 715-9871 with conference ID 6969200. A replay will be available for seven days via (800) 770-2030 using the same conference ID. The earnings release will be distributed via Business Wire and posted on the company website.