secwatch.observer — SEC 8-K summary
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Issuer:     CVR ENERGY INC (CVI)
CIK:        0001376139
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001376139-23-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376139/000137613923000052/0001376139-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376139/000137613923000052/cvi-20231030.htm
  HTML page:      https://secwatch.observer/filing/0001376139-23-000052

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