---
schema_version: "secwatch.filing_event.v1"
accession: "0001376139-23-000028"
form_type: "8-K"
ticker: "CVI"
cik: "0001376139"
company_name: "CVR ENERGY INC"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:46:03.446337+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CVR Energy Q1 net income $195M ($1.94 diluted), adj. EPS $1.44; dividend $0.50

## Summary
- Net income $195M ($1.94 diluted EPS) vs $94M ($0.93) in Q1 2022; adjusted EPS $1.44 vs $0.02.
- EBITDA $401M, adjusted EBITDA $334M, up from $278M and $155M respectively.
- Petroleum segment operating income $237M, refining margin $23.24/bbl; RFS compliance costs $95M.
- Dividend of $0.50/share declared, payable May 22 to holders of record May 15.
- 45Q carbon capture deal: initial $18.1M received; up to $60M additional through 2030.

## SEC filing metadata
- accession: 0001376139-23-000028
- form_type: 8-K
- ticker: CVI
- cik: 0001376139
- company_name: CVR ENERGY INC
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000028/0001376139-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000028/cvi-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376139-23-000028
- JSON: https://secwatch.observer/filing/0001376139-23-000028.json
- Plain text: https://secwatch.observer/filing/0001376139-23-000028.txt

## Key facts
- Earnings Releases
  CVR ENERGY INC reported the first quarter of 2023 results: revenue $2.3 billion, net income $195 million, EPS $1.94 per diluted share.
  - Period: the first quarter of 2023
  - Revenue: $2.3 billion
  - Net income: $195 million
  - EPS: $1.94 per diluted share
  - Result: reported results
  source text: CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $195 million, or $1.94 per diluted share, on net sales of $2.3 billion for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000028/0001376139-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.