Welcome to our dedicated page for CVR ENERGY SEC filings (Ticker: CVI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CVR Energy, Inc. filings document the formal record for a holding company with petroleum refining operations and nitrogen fertilizer exposure through subsidiaries and CVR Partners, LP. Results-related 8-Ks furnish quarterly and annual operating and financial information, including segment presentation, refinery operations, fertilizer distributions, derivative activity, dividends and capital spending outlooks.
Other filings cover Regulation FD investor presentations, senior unsecured notes due 2031 and 2034, senior secured term loan activity, and governance matters in the definitive proxy statement. The proxy materials address board elections, executive compensation, equity award disclosures and other shareholder voting matters, while debt filings describe indenture terms, subsidiary guarantees, redemption provisions and related risk disclosures.
CVR Energy, Inc. (CVI) has furnished a new investor presentation it will use with investors and analysts beginning September 8, 2026, highlighting its integrated petroleum refining and nitrogen fertilizer businesses. The company operates two Mid-Continent refineries with 206,500 bpd nameplate crude capacity and owns 37% of CVR Partners common units.
The materials show 2025 consolidated Adjusted EBITDA of $393 million and trailing-twelve-month Adjusted EBITDA of $517 million. The petroleum segment reported 2025 Adjusted EBITDA of $199 million, with 2025 adjusted refining margin of $10.45 per barrel. The fertilizer segment reported 2025 EBITDA of $211 million and strong ammonia utilization.
For 2026, CVR Energy estimates petroleum segment capital expenditures of $119–$130 million and nitrogen fertilizer capex of $85–$95 million, with an emphasis on sustaining capital, margin-improvement projects, and turnaround planning. The company reiterates a disciplined capital allocation strategy focused on safe, reliable operations, debt reduction, and potential dividends and growth investments.
In the quarter ended June 30, 2026, CVR Energy generated net sales of $2,738 million, up from $1,761 million a year earlier. Operating income was $78 million versus a $103 million loss, producing consolidated net income of $46 million, while losses attributable to CVR Energy stockholders were $3 million, or $0.03 per share.
The Petroleum Segment was near break-even, and the Nitrogen Fertilizer Segment earned $85 million of operating income. EBITDA was $161 million, and first‑half operating cash flow was $371 million, lifting cash to $737 million against $1,783 million of long‑term debt. Early 2026 refinancing added $1 billion of new senior notes and retired 2029 notes, a portion of 2028 notes, and a term loan. Compliance and hedging are major swing factors: the accrued Renewable Fuel Standard obligation was $408 million, and commodity derivatives generated a $257 million loss in the first half. The company is funding a $136 million Wynnewood alkylation upgrade and a $53 million Coffeyville flare gas recovery system while paying a $0.10 per‑share quarterly dividend and receiving substantial CVR Partners distributions.
CVR Energy, Inc. reported second quarter 2026 results with consolidated net income of $46 million, compared with a net loss of $90 million in the second quarter of 2025. Net loss attributable to CVR Energy stockholders narrowed to $3 million, or $0.03 per diluted share. Net sales were $2,738 million, and consolidated adjusted EBITDA was $209 million, up from $99 million a year earlier, reflecting higher contributions from both the Petroleum and Nitrogen Fertilizer segments.
The Petroleum segment generated net income of $12 million and adjusted EBITDA of $106 million, with total throughput of 212,965 barrels per day and an adjusted refining margin of $12.43 per throughput barrel. The Nitrogen Fertilizer segment delivered net income of $78 million and EBITDA of $107 million, supported by a 99 percent ammonia utilization rate and higher realized ammonia and UAN pricing.
Cash and cash equivalents were $737 million as of June 30, 2026, compared with $511 million at December 31, 2025, against total debt and finance lease obligations of $1.8 billion. The board declared a cash dividend of $0.10 per share for the quarter, and CVR Partners approved a $6.08 per common unit distribution. Management also provided Q3 2026 outlook ranges for throughput, utilization, direct operating expenses and capital expenditures.
CVR Energy, Inc. filed a Form 3 showing interim CFO Richard J. Roberts Jr. holds three blocks of Incentive Units that track the company’s common stock. These Incentive Units were awarded as compensation in December 2023, 2024, and 2025 and vest in equal annual installments over three years.
Each Incentive Unit can pay cash based on the average closing price of CVR Energy common stock before vesting, or, for later awards, either cash or one share of common stock at the board’s discretion. The Incentive Units expire immediately upon vest.
CVR Energy named Dane J. Neumann as President, Chief Executive Officer and Director, and as President and CEO of CVR GP, effective June 18, 2026, following Mark A. Pytosh stepping down from his leadership roles. Richard Roberts was appointed Interim Chief Financial Officer and principal financial officer.
Pytosh entered a Separation Agreement that provides a $3,000,000 cash separation payment, paid in two $1,500,000 lump sums, along with standard post-employment obligations and a reduced non‑compete period of nine months. Neumann’s Employment Agreement sets an annual base salary of $800,000, with target annual cash bonus and long‑term incentive awards each equal to 150% of base salary, plus severance protections for certain terminations and change-in-control scenarios.
Effective June 22, 2026, Neumann also received a one‑time 27,372‑unit performance share unit award that vests only upon completion of a defined Significant Transaction within 12 months, otherwise it is forfeited. The award can settle in stock or, at the Board’s discretion, in cash and includes dividend equivalent rights.
CVR Energy, Inc. held its 2026 Annual Meeting of Stockholders on June 4, 2026. Stockholders voted on electing directors, approving executive pay on an advisory basis, and ratifying the independent auditor for the 2026 fiscal year.
All ten director nominees were elected, each receiving more votes for than withheld, with broker non-votes recorded. Stockholders also approved the Company’s named executive officer compensation in an advisory vote and ratified Grant Thornton LLP as the independent registered public accounting firm for 2026.
CVR Energy, Inc. furnished an investor presentation outlining its refining and fertilizer operations, strategy, and recent financial performance. The company operates two Mid-Continent refineries with combined nameplate crude oil capacity of 206,500 bpd and an average complexity rating of 10.8, reporting historically high liquid volume yield of 98% and 93% yield of gasoline and distillate for the twelve months ended March 31, 2026.
For full year 2025, CVR Energy reported EBITDA of $591 million and Adjusted EBITDA of $393 million, with trailing twelve-month Adjusted EBITDA of $407 million through the first quarter of 2026. The petroleum segment generated 2025 net sales of $6,426 million and adjusted refining margin of $694 million, while focusing on improving margin capture, optimizing crude and product slates, and reverting the Wynnewood renewable diesel unit to hydrocarbon processing.
Management highlights a disciplined capital allocation strategy, including an estimated 2026 petroleum segment capex budget of $130–$145 million and nitrogen fertilizer segment capex of $60–$75 million, with no planned petroleum turnarounds in 2026 and scheduled fertilizer turnarounds supporting high utilization at its ammonia and UAN facilities.
CVR Energy reported higher sales but a wider loss for the quarter ended March 31, 2026. Net sales rose to $1.98 billion from $1.65 billion, driven mainly by stronger petroleum and nitrogen fertilizer pricing and volumes.
Despite higher revenue, CVR posted an operating loss of $145 million and a net loss of $160 million, compared with a $131 million operating loss and $105 million net loss a year earlier. Results were pressured by a $182 million commodity derivative loss, higher Renewable Fuel Standard compliance costs and increased interest expense.
The Petroleum Segment generated an operating loss of $193 million, while the Nitrogen Fertilizer Segment earned $58 million of operating income. Cash from operating activities improved to $64 million from a $195 million use of cash, as working capital movements reversed. Cash was $512 million and total debt $1.78 billion.
CVR refinanced its capital structure by issuing $1.0 billion of new 7.500% and 7.875% senior notes, redeeming 8.500% 2029 notes, partially redeeming 5.750% 2028 notes and repaying a term loan. The company also recorded a $204 million Renewable Fuel Standard liability and declared a $0.10 per-share dividend for the quarter.
CVR Energy reported a larger net loss for the first quarter of 2026 but higher adjusted earnings on a cash-flow basis. Net loss attributable to stockholders was $192 million, or $1.91 per diluted share, including $158 million in unrealized derivative losses tied to NYMEX crack spread swaps. The company expects locked-in value of $447 million from these swaps to be realized through 2027.
Net sales were $1.98 billion and consolidated net loss was $160 million. Adjusted loss per share was $1.24, and consolidated adjusted EBITDA improved to $37 million from $24 million a year earlier. The Petroleum segment recorded a net loss of $193 million and adjusted EBITDA of $(50) million, while the Nitrogen Fertilizer segment generated net income of $50 million and EBITDA of $78 million.
CVR Energy ended March 31, 2026 with $512 million of cash and $1.784 billion of total debt and finance lease obligations. During February 2026 it issued $600 million of 7.500% senior notes due 2031 and $400 million of 7.875% senior notes due 2034 and used the proceeds to redeem higher-cost debt and repay a term loan, recognizing a $32 million loss on extinguishment. The company declared a $0.10 per share cash dividend for the quarter, and CVR Partners declared a $4.00 per common unit cash distribution.