secwatch.observer — SEC 8-K summary
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Issuer:     CVR ENERGY INC (CVI)
CIK:        0001376139
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001376139-25-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVR Energy Q4 net income falls to $28M; full-year adj loss; raises $408M via term loan and pipeline sale
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- Q4 2024 net income attributable $28M ($0.28 diluted EPS) vs $91M ($0.91) a year ago; adjusted EPS loss of $0.13.
- Full-year 2024 net income attributable $7M ($0.06) vs $769M ($7.65); adjusted loss $0.51 per share.
- Petroleum segment Q4 EBITDA $72M vs $196M; adjusted refining margin $6.45/bbl vs $12.91 on weaker crack spreads.
- Completed $318M Term Loan and $90M sale of 50% Midway Pipeline stake; cash $987M, debt $1.9B.
- Nitrogen Fertilizer segment full-year net income $61M vs $172M; CVR Partners declared $1.75/unit Q4 distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376139/000137613925000006/0001376139-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376139/000137613925000006/cvi-20250218.htm
  HTML page:      https://secwatch.observer/filing/0001376139-25-000006

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