secwatch.observer — SEC 8-K summary
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Issuer:     CVR ENERGY INC (CVI)
CIK:        0001376139
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001376139-23-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376139/000137613923000028/0001376139-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376139/000137613923000028/cvi-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001376139-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer