secwatch.observer — SEC 8-K summary
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Issuer:     CVR ENERGY INC (CVI)
CIK:        0001376139
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001376139-24-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376139/000137613924000045/0001376139-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376139/000137613924000045/cvi-20240729.htm
  HTML page:      https://secwatch.observer/filing/0001376139-24-000045

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