secwatch.observer — SEC 8-K summary
======================================

Issuer:     CVR ENERGY INC (CVI)
CIK:        0001376139
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0001376139-25-000029
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVR Energy Q1 net loss $123M; no dividend; Coffeyville turnaround depressed refining
--------------------------------------------------------------------------------

- Net loss of $123M ($1.22 diluted EPS); adjusted loss $0.58 diluted; vs Q1 2024 net income $82M ($0.81 diluted).
- EBITDA loss of $61M; adjusted EBITDA $24M; vs Q1 2024 EBITDA $203M and adjusted EBITDA $99M.
- Petroleum segment loss of $160M; combined throughput 120k bpd vs 196k bpd due to Coffeyville turnaround.
- No Q1 2025 cash dividend declared; CVR Partners declared $2.26/unit distribution payable May 19, 2025.
- Renewables segment turned profitable with EBITDA $6M (vs -$4M); CVR Partners net income $27M (vs $13M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376139/000137613925000029/0001376139-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376139/000137613925000029/cvi-20250428.htm
  HTML page:      https://secwatch.observer/filing/0001376139-25-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer