CVR Energy posts Q3 net income $353M, declares $0.50 quarterly + $1.50 special dividend

CVR ENERGY INC

2023-Q3 EPS reported $6.74 revenue$7,045,000,000

Net income of $353M ($3.51 diluted EPS) vs $93M ($0.92) in Q3 2022; adjusted EPS $1.89 vs $1.90.
EBITDA $530M vs $181M; Adjusted EBITDA $313M flat YoY.
Board declared $0.50/share quarterly dividend and $1.50/share special dividend, payable Nov 20.
Petroleum segment operating income $431M on $2.3B sales; refining margin $31.05/barrel (from $16.56).
Nitrogen Fertilizer segment returned to profit: op income $8M (vs loss $12M) on $131M sales.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CVR ENERGY INC reported three months ended September 30, 2023 results: revenue $2.5 billion, net income $353 million, EPS $3.51 per diluted share.

Period: three months ended September 30, 2023
Revenue: $2.5 billion
Net income: $353 million
EPS: $3.51 per diluted share
Result: reported results

Exact text from the filing

CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $353 million, or $3.51 per diluted share, on net sales of $2.5 billion for the third quarter of 2023, compared to net income of $93 million, or 92 cents per diluted share, on net sales of $2.7 billion for the third quarter of 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CVR ENERGY INC reported three months ended September 30, 2022 results: revenue $2.7 billion, net income $93 million, EPS 92 cents per diluted share.

Period: three months ended September 30, 2022
Revenue: $2.7 billion
Net income: $93 million
EPS: 92 cents per diluted share
Result: reported results

Exact text from the filing

CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $353 million, or $3.51 per diluted share, on net sales of $2.5 billion for the third quarter of 2023, compared to net income of $93 million, or 92 cents per diluted share, on net sales of $2.7 billion for the third quarter of 2022.

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

CVR ENERGY INC filing history →

Source: SEC EDGAR

accession 0001376139-23-000052

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.