CVR Energy Q2 net income $21M vs $130M YoY; dividend $0.50/share

CVR ENERGY INC

2024-Q2 EPS reported $1.02 revenue$3,829,000,000

Net income $21M ($0.21 diluted) vs $130M ($1.29) Q2 2023; adjusted EPS $0.09 vs $1.64.
Petroleum segment EBITDA $56M, down from $220M; refining margin $10.94/bbl vs $18.21.
Nitrogen Fertilizer segment net income $26M, down from $60M; UAN price -15% to $268/ton.
Board declares Q2 cash dividend of $0.50/share, payable Aug 19 to Aug 12 record holders.
Wynnewood refinery fire and severe weather reduced throughput; renewable diesel throughput down.

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