secwatch.observer — SEC 8-K summary
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Issuer:     CVR ENERGY INC (CVI)
CIK:        0001376139
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001376139-23-000042
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

CVR Energy enters 2-year exclusive crude supply deal with Gunvor; replaces Vitol
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- Effective Jan 1, 2024; 24-month term with automatic one-year renewals.
- Gunvor becomes exclusive supplier of crude oil and intermediation logistics for CVR's refineries in Wynnewood, OK and Coffeyville, KS.
- Agreement is designed to reduce crude inventory at certain locations and mitigate pricing risk.
- Replaces prior supply deal with Vitol Inc., which terminates Dec 31, 2023 as previously disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376139/000137613923000042/0001376139-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376139/000137613923000042/cvi-20230630.htm
  HTML page:      https://secwatch.observer/filing/0001376139-23-000042

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