---
schema_version: "secwatch.filing_event.v1"
accession: "0001376139-23-000044"
form_type: "8-K"
ticker: "CVI"
cik: "0001376139"
company_name: "CVR ENERGY INC"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:52:53.209452+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CVR Energy Q2 2023 net income down 21% to $130M; declares $1.00 special dividend

## Summary
- Net income $130M ($1.29 diluted EPS) vs $165M ($1.64) in Q2 2022; adjusted EPS $1.64 vs $2.45.
- Net sales $2.2B down 29% from $3.1B; EBITDA $300M vs $401M; adjusted EBITDA $347M vs $511M.
- Petroleum segment operating income $171M vs $297M; refining margin per barrel $18.21 vs $26.10.
- Nitrogen Fertilizer segment operating income $67M vs $126M; UAN price down 43% to $316/ton.
- Board declares Q2 cash dividend $0.50 and special dividend $1.00 per share, payable Aug 21.

## SEC filing metadata
- accession: 0001376139-23-000044
- form_type: 8-K
- ticker: CVI
- cik: 0001376139
- company_name: CVR ENERGY INC
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000044/0001376139-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000044/cvi-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376139-23-000044
- JSON: https://secwatch.observer/filing/0001376139-23-000044.json
- Plain text: https://secwatch.observer/filing/0001376139-23-000044.txt

## Key facts
- Earnings Releases
  CVR ENERGY INC reported Q2 2023 results: revenue net sales of $2.2 billion, net income net income of $130 million, EPS $1.29 per diluted share, $1.64 per diluted share adjusted.
  - Period: Q2 2023
  - Revenue: net sales of $2.2 billion
  - Net income: net income of $130 million
  - EPS: $1.29 per diluted share, $1.64 per diluted share adjusted
  - Result: reported results
  source text: CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $130 million, or $1.29 per diluted share, on net sales of $2.2 billion for the second quarter of 2023, compared to net income of $165 million, or $1.64 per diluted share, on net sales of $3.1 billion for the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000044/0001376139-23-000044-index.htm
- Earnings Releases
  CVR ENERGY INC reported Q2 2022 results: revenue net sales of $3.1 billion, net income net income of $165 million, EPS $1.64 per diluted share, $2.45 per diluted share adjusted.
  - Period: Q2 2022
  - Revenue: net sales of $3.1 billion
  - Net income: net income of $165 million
  - EPS: $1.64 per diluted share, $2.45 per diluted share adjusted
  - Result: reported results
  source text: compared to net income of $165 million, or $1.64 per diluted share, on net sales of $3.1 billion for the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376139/000137613923000044/0001376139-23-000044-index.htm

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